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Bank of America may have good news for every American ‘panicking’ about AI-led job cuts

5 May 2026 at 09:16
Bank of America's research suggests AI won't cause a 'job Armageddon,' citing historical economic adaptation. While 840 million global jobs are exposed to generative AI, BofA distinguishes between AI as a partner and AI as a replacement, with only a small percentage fully automated. The emergence of 'agentic AI' is noted as a more disruptive force.

After OpenAI raised over $4bn; Anthropic announces partnership with Blackstone & others

5 May 2026 at 02:35
AI giants OpenAI and Anthropic are intensifying their competition by launching new ventures aimed at boosting enterprise AI adoption. Both companies have secured significant funding from major financial institutions to help businesses integrate their AI tools into daily operations. This strategic move prioritizes real-world usage and revenue growth as both firms reportedly explore public listings.

GitHub COO on AI 'Shit Code' overload that many users say has been degrading coding platform

5 May 2026 at 07:30
GitHub COO Kyle Daigle has confirmed the platform is processing 275 million commits per week—up from one billion across all of 2025—as AI agent workflows overwhelm infrastructure never designed for autonomous coding. Two major incidents in April broke thousands of repositories, pushing uptime below 85 percent. Ghostty developer Mitchell Hashimoto, GitHub's 1,299th user, has since announced he's leaving the platform entirely.

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