Banks lay groundwork for mass workforce cuts as AI takes hold
Banks are cutting junior analyst classes by as much as two-thirds while sourcing roughly 62% of their AI talent from those same cohorts.
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50.0
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Banks are cutting junior analyst classes by as much as two-thirds while sourcing roughly 62% of their AI talent from those same cohorts.
Unjected and PureBlood.Dating are hosting in-person meetupsโand have transformed the dating landscape into a political battleground over bodily autonomy.
Meta has been quietly laying the groundwork for smart glasses that could identify people as wearers of the shades walk by, according to a report โ causing privacy watchdogs to sound the alarm. Mark Zuckerbergโs Meta has embedded facial-recognition technology for its smart glasses into an app downloaded to millions of phones, according to a...
Flows around Strategy (MSTR) and the company's variable-rate preferred stock STRC are turning bearish this week.
The Institute is celebrating its 50th anniversary this year. Launched in 1976, the publication was designed to keep members informed about IEEE and what its constituents were doing, as well as to report on the organizationโs initiatives, technical standards, products, and services. That directive expanded over the years to include our reporting on key historical technical achievements recognized as IEEE Milestones and support for young professionals with career-guidance articles and information about educational resources. The Institute has gone through many iterations in the past 50 years. What began as a monthly four-page insert in the print edition of IEEE Spectrum became a separate newspaper published six times a year and mailed along with Spectrum in 1977, and then a monthly publication the following year. Today we publish all of The Instituteโs articles online, with a curated selection appearing in our 16-page quarterly printed in the March, June, September, and December Spectrum issues. To provide members with a quick summary of the latest online news, in 2003 a bimonthly newsletter, The Institute Alert, began appearing in your inbox. You also can stay up to date by following our Facebook, Instagram, and LinkedIn pages. Although much has changed, an original subsection from 1976โโIEEE Peopleโโhas been maintained for the past five decades. We continue to celebrate IEEE members from around the world through our profiles, which are among our most popular articles. As the longest-serving editor in chief for The Institute, it is a privilege for me and my staff to chronicle the stories of remarkable IEEE individuals. They are often-unseen visionaries and problem-solvers who work tirelessly behind the scenes on technologies that are reshaping the world. By highlighting their careers and how IEEE has played a role in their professional growth, we hope to inspire the next generation of engineers and technologists to continue a legacy of innovation and service to humanity.
Radical Ventures led the round, with Nvidia and Bezos Expeditions among the returning backers
We are in commencement season, when graduates look back on their accomplishments and look ahead to their future ambitions. But shifts in the economy and the anxiety around it are changing how this generation sees their prospects. Ali Rogin speaks with New York Times reporter Jodi Kantor about her book, "How to Start: Discovering Your Life's Work." It's part of our series, "Rethinking College."
DIYer and TikTok user Annike Tan, who goes by @ubeboobey, can carry her cyberdeck around without anyone noticing because it doesn't look like a computer at all. Tan, who has been featured in The Cut and Wired, went viral earlier this year with a mermaid-themed cyberdeck she made inside an old purse. She has since [โฆ]
Ramp's latest funding round was led by ICONIQ, GIC and the Ontario Teachers' Pension Plan.
Database startup Supabase announced a $500 million funding round that values the company at $10.5 billion, including the fresh capital.
Vain political attempts to place a wall around U.S. genius wouldnโt be necessary even if they worked.
New AI infrastructure is emerging in India, Brazil, the UAE, and Africa, where local stacks are designed to get around compute scarcity.
Breitbart News International Editor Frances Martel said on Sunday during the Breitbart Founders' Roundtable that Chinese communists cannot understand how a human soul is more valuable than AI โ and that's to the advantage of the United States. The post Martel: Chinese Communists Cannot Understand How a Human Soul is More Valuable than AI โ and Thatโs Our Advantage appeared first on Breitbart.
The round, led by OpenAI investor Bond Capital, comes just six months after a $250 million funding round had valued the company at $2.45 billion.
The Series F round values Coralogix at $1.6 billion and comes less than a year after its previous raise.
This sponsored article is brought to you by Black & Veatch. The biggest challenge facing utilities today isnโt what it seems. Itโs not demand, even as load growth accelerates. Itโs not extreme weather, even as โmajor eventsโ become routine. Itโs not cybersecurity, even as connections expand across the grid. The real challenge is this: Distribution systems were designed for a different reality. Long gone are the days of predictable demand, one-way power flow and isolated disruptions. At Black & Veatch, we see that leading utilities are no longer debating whether to modernize. Theyโre deciding how quickly they can do it, and how to do it at scale. Across grid modernization programs globally, three truths consistently emerge. They define what it takes to prepare the distribution system for whatโs next: 1. Outage response is not a resilience strategy Resilience is being redefined in real time. A strategy centered on mobilizing crews and restoring service as quickly as possible is reactive, and increasingly insufficient. Resilience has to shift upstream into integrated system design. That starts with hardening. Stronger poles, undergrounding and structural upgrades all have a role, particularly in high-risk corridors. Weโre also seeing meaningful gains from how the network is configured and how quickly it can respond without waiting on manual intervention. This is where distribution automation programs can change outcomes. Strategically placed reclosers, automated switches and fault indicators help contain disruptions before they spread. When combined with feeder reconfiguration and updated protection strategies, distribution automation investments allow utilities to set more aggressive recovery targets and achieve measurable reductions in outage duration and customer impact. 2. Future-readiness depends on DERs at scale Forecasting is less and less reliable. Only 19 percent of utilities report strong confidence in their ability to predict future load growth, according to the Black & Veatch 2025 Electric Report. Distributed Energy Resources (DERs) like solar, storage, EVs and behind-the-meter generation are exciting solutions; but they fundamentally change how the system operates. Power is no longer just delivered. Itโs injected, stored and redirected in ways the system was never designed to manage. At scale, these challenges show up quickly โ particularly on feeders where distributed generation is approaching or exceeding hosting capacity. Protection coordination becomes more difficult when fault current comes from multiple directions. Voltage becomes less predictable as generation fluctuates throughout the day. And planning models must now account for highly variable, location-specific behavior. Distribution modernization is fundamentally changing how the system is designed and operated so it can absorb disruption, manage bi-directional flows and respond in real time. Adapting to bi-directional power flow requires more than incremental updates. Leading utilities are responding by building flexibility into the system, moving beyond static assumptions toward dynamic hosting capacity and interconnection studies, planning that incorporates DER, EV adoption and localized load growth, and infrastructure aligned with the communications and control needed to manage it. 3. The edge must be intelligent, visible and secure As system stress and complexity increase, utilities need far greater visibility and control over the network. Historically, utilities relied on customer calls, Supervisory Control and Data Acquisition (SCADA) at the substation level and field crews to understand what was happening on the system. That model doesnโt hold up. You canโt effectively manage a system you canโt see. Plus, the most critical events are increasingly happening beyond the substation โ on feeders, laterals, and at the edge where DER and customer behavior are interacting with the grid. Grid-edge technologies have become essential. Sensors, Advanced Metering Infrastructure (AMI) and automated switching provide the raw data and control needed to move from reactive to proactive operations. In more advanced deployments, utilities are creating centralized control environments that allow operators to see and manage the distribution system in near real time. That capability is enabled by: Advanced communications networks to form the backbone of real-time grid visibility Distribution Management System (DMS) and Outage Management System (OMS) to enable faster, more coordinated system response Analytics, AI and machine learning to improve situational awareness, anticipate system conditions, and support operational decision-making The same connectivity enabling this real-time visibility and control also introduces new vulnerabilities, blurring the line between physical and cyber risk, yet many utilities manage them separately. Only 22 percent have unified teams in place, even as threats continue to rise, including a 50 percent increase in substation attacks and growing exposure to malware and ransomware, according to the Black & Veatch 2025 Electric Report. Cybersecurity and resilient network design must be embedded into the architecture from the outsetโnot layered on after the fact. See what bolder vision looks like Distribution modernization is fundamentally changing how the system is designed and operated so it can absorb disruption, manage bi-directional flows and respond in real time. To learn about a successful program, check out Georgia Powerโs recent grid modernization program. Black & Veatch partnered with the utility on large-scale infrastructure upgrades. The results? Outages are down 76 percent, restoration times have improved by more than 80 percent and communities across Georgia are powered by a grid built to meet the future head-on. When the state faced the most destructive storm in the companyโs history, Hurricane Helene, Georgia Power deployed a rapid response team that utilized its โsmart gridโ and restored power to more than 1 million customers within days. A grid built to meet the future head-onโthatโs the result of bolder vision.
In the face of widespread backlash to the AI data center buildout throughout the US, Google is touting its efforts to minimize the environmental impact by actually increasing water for local communities. The company laid out five commitments around water use in a new blog post published Wednesday, including a goal to replenish more water [โฆ]
VC firm Singular is leading the funding round for the startup which is helping pharma companies find new drugs and food companies develop new products
The cybersecurity company is nearing a $300 million round led by Evolution Equity Partners.
Blue-tinted New York Stock Exchange in the background, AI company logos, and a yellow-tinted picture of Bernie Sanders in the foreground