Datacenter Dynamics

Elon Musk gets FTC nod to acquire data center optics business Mesh Optical

The FTC has cleared Elon Musk to acquire a data center optical networking business. Founded by former SpaceX engineers, Mesh Optical Technologies develops optical transceivers for AI data centers. Its ...
TechCrunch

FTC gives Musk the OK to acquire SpaceX alumni startup Mesh

Elon Musk is eyeing an acquisition of Mesh Optical Technologies, a startup founded by three former SpaceX engineers last year developing hardware for fast data center communications. The potential ...
Bloomberg L.P.

Musk Cleared by FTC to Buy SpaceX Alumni Firm Mesh in M&A Push

Elon Musk received a regulatory greenlight to acquire startup Mesh Optical Technologies, a company founded by former SpaceX engineers working on optical data center communication technology. Mesh is ...
GitHub

Python classes for easier creation of OpenFOAM's blockMesh dictionaries.

blockMesh is a very powerful mesher but creating even simple meshes requires a lot of manual work. Attempts to simplify or parametrize blockMeshDicts with #calc or m4 often become cryptic and hard to ...
The Guardian

Jack Dorsey to cut 4,000 jobs due to AI advances at Square parent Block

Shares in company increased over 20% as investors were encouraged by CEO’s assertion that cuts will drive profits Sign up for the Breaking News US email to get newsletter alerts in your inbox Fintech ...
Forbes

Block Lays Off 40% Of Staff And Blames It On AI. Don’t Buy The Excuse.

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...
CNBC

Block cuts about half its workforce — how to move forward after a mass layoff, career experts say

Block said Thursday it is laying off more than 4,000 employees, or about half of its headcount. Layoff announcements among U.S. employers in January were the highest to start a year since 2009, ...
Wall Street Journal

Jack Dorsey’s Block to Lay Off 40% of Its Workforce in AI Remake

Block XYZ0.61%increase; up pointing triangle, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more than 4 ...
The New York Times

Block Cuts 40% of Its Work Force Because of Its Embrace of A.I.

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said. By Natallie Rocha Reporting from San Francisco See more ...
Los Angeles Times

Block to cut more than 4,000 jobs amid AI disruption of the workplace

Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work. The Oakland parent company of ...
Business Insider

Jack Dorsey says he's cutting nearly half of his staff — 4,000 jobs — at Block. Read the memo.

Block is letting go of over 4,000 employees, cutting the company nearly in half, cofounder and CEO Jack Dorsey said Thursday. "I had two options: cut gradually over months or years as this shift plays ...
Reuters

Jack Dorsey’s Block to cut nearly half its workforce in AI overhaul, shares surge

Block to cut over 4,000 jobs CEO says AI has changed how a company is run Stock surges 25% after market Analysts call cuts a "seminal moment" in AI era Feb 26 (Reuters) - Block (XYZ.N), opens new tab ...