Intuit to lay off over 3,000 employees to refocus on AI Enterprise software giant Intuit is letting go 17% of its staff, or about 3,000 people, as it seeks to divert resources towards baking in AI into its products, Reuters reported, citing an internal memo sent to employees. The memo by CEO Sasan Goodarzi said the layoffs are meant to reduce complexity by simplifying the company’s corporate...

Mistral bets on ‘build-your-own AI’ as it takes on OpenAI, Anthropic in the enterprise Most enterprise AI projects fail not because companies lack the technology, but because the models they’re using don’t understand their business. The models are often trained on the internet, rather than decades of internal documents, workflows, and institutional knowledge.  That gap is where Mistral,...

Google and Tesla think we’re managing the electrical grid all wrong Google, Tesla, and data center developer Verrus are among a group of companies arguing that the electrical grid is being underutilized and they want everyone — especially politicians — to know about it. The three companies along with HVAC giant Carrier, virtual power plant company Renew Home, distributed energy resource...

Carney's fiscal update plays a charming tune, but falls off at the endA serious government’s job is to clear the path for risk-takers to lead. A pied piper just plays a charming tune and only asks that people follow. Photo by Blair Gable/PostmediaArticle contentI was standing in the Cathédrale Saint-Vincent in St. Malo, France, with my 82-year-old French mother and sister on the day the federal...

Drones create the first-ever FIFA scoreboard in Seattle skyBBC reporter Max Matza is in Seattle, Washington, witnessing 400 drones light up the night sky and display the score of the Egypt vs. Belgium match. 'It's like bringing the party here', said one spectator.36 minutes agoSeattleUnited StatesWashingtonDozens of Stanford grads walk out on Google CEO's speechVideo filmed by the BBC showed...