After the AI binge, companies balk at soaring bills
Artificial intelligence is getting expensive—and companies are starting to rethink their embrace of the disruptive technology.
May 31, 2026
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AI-driven corporate restructuring refers to organizational changes in technology and related firms prompted by the integration of artificial intelligence systems into products, services, and internal operations. Companies adjust workforce composition, reallocate resources toward AI-focused roles, and modify product portfolios, such as cloud platforms, connected devices, and productivity software. These shifts often involve mass layoffs, mergers, and partnerships around generative AI models, alongside changes in labor practices, environmental impacts, and business strategies in sectors like e-commerce, enterprise software, and consumer electronics.
Machine learning & AI
Artificial intelligence is getting expensive—and companies are starting to rethink their embrace of the disruptive technology.
May 31, 2026
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10
Business
Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.
May 21, 2026
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Machine learning & AI
In an industry that runs on hype and grand gestures, Canadian AI firm Cohere is charting a different course from Silicon Valley. No talk of superintelligent machines, no public feuding, just one question: can it make money?
May 15, 2026
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Business
More than 20 years after it redefined fast shipping, Amazon is preparing to raise the bar on consumer expectations again by offering to fulfill customers' most urgent product needs in a half-hour or less for an extra fee.
May 12, 2026
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Business
Amazon announced Monday it is opening up its massive shipping and delivery network to any business that wants to use it—not just the merchants who sell on Amazon's website.
May 4, 2026
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Automotive
Uber on Wednesday unveiled a new feature allowing users to book a hotel room directly from its app, the latest step in its push to become a one-stop shop for everyday needs.
Apr 29, 2026
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Machine learning & AI
Amazon announced what it called a "major expansion" of its partnership with ChatGPT maker OpenAI on Tuesday, a day after the artificial intelligence company said it was loosening its ties to longtime backer Microsoft.
Apr 28, 2026
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Business
Microsoft said Monday it will no longer pay a share of its revenue to ChatGPT maker OpenAI, the latest move to untether a close partnership that helped unleash an artificial intelligence boom.
Apr 27, 2026
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Business
Meta and Microsoft are the latest software companies to announce big cuts to their global workforce. Both companies are also making big investments in artificial intelligence (AI).
Apr 25, 2026
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Business
Apple's next CEO John Ternus is a company veteran who rose through the iPhone maker's hardware engineering ranks but until now has maintained a low profile.
Apr 21, 2026
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