Introduction to AI-Led Turnaround PayPal is cutting jobs and modernizing its tech stack as part of an AI-led turnaround. The company ties automation and restructuring to $1.5B in savings. PayPal's move is part of a la…

The Trend of AI Adoption ElevenLabs, a voice AI company, has revealed new investors, including BlackRock, Jamie Foxx, and Eva Longoria. The company has hit $500M in annual recurring revenue and is expanding its enterp…

The Context of AI Adoption The trend of AI adoption is not limited to PayPal and ElevenLabs. Moment Energy, a startup that repurposes EV batteries, has raised $40M in funding. The company's CEO, Edward Chiang, believe…

The Impact of AI on Jobs However, the adoption of AI is not without its challenges. Coinbase, a cryptocurrency exchange, has laid off nearly 700 workers as part of an 'AI-native' restructuring. The company's CEO, Bria…