Meta Platforms Plans 10% Workforce Reduction on May 20, Affecting Approximately 8,000 Positions

Naver Launches AI Tab Beta as Google Gemini Enters South Korea Search Market

Gate News message, April 24 — Naver announced the start of a closed beta for AI Tab, its new conversational search feature, following Google's launch of Gemini in Chrome in South Korea. AI Tab will appear alongside Naver's existing search tabs, offering users a dedicated space for conversational

India AI Engineering Hiring Surges 59.5%, Expands Beyond Tech Hubs

LinkedIn's AI Labor Market Report 2026, released on April 24, found that AI engineering hiring in India rose 59.5% year on year, marking the fastest pace among the markets studied by the platform. The growth was driven by demand spreading beyond established tech centers. Cities including

Commonwealth Bank Cuts 120 Jobs Amid AI Expansion

Commonwealth Bank of Australia announced it will cut approximately 120 jobs as the nation's largest bank reviews roles and expands its use of artificial intelligence, according to Bloomberg. The cuts include 43 roles at Bankwest in Western Australia, with six positions affected by automation. This a

Cursor reveals the reason for XAI training: the compute power is stuck, and SpaceX has separately secured acquisition options worth $60,000,000,000

Anysphere announced that Cursor will work with xAI to train a new model using Colossus infrastructure to overcome compute bottlenecks; SpaceX has proposed a $60 billion acquisition option (fully acquirable within 2026), and if not, it would pay about $10 billion as collaboration compensation. The two transactions are happening at the same time, reshaping who can train Cursor and who can buy Cursor. Cursor still allows many model backends, but in the long run it depends on whether SpaceX exercises its acquisition option.

Anthropic’s secondary-market valuation breaks $1 trillion: Forge Global overtakes OpenAI’s $880 billion

According to a report by Decrypt, Forge Global’s Anthropic secondary valuation is about $1 trillion, while OpenAI is about $880 billion, with the first leading reversal appearing in the secondary market. Anthropic’s ARR grew from about $9 billion at the end of 2025 to about $30 billion in March 2026—an increase of 233% over three months—boosting private-market valuations. Secondary valuations differ from primary fundraising, reflecting confidence in exits; going forward, expectations remain on four tracks: technology, policy, business, and narrative.

The Trump administration has released an AI refinement crackdown plan, accusing Chinese companies of systematically stealing model capabilities.

The Office of Science and Technology Policy (OSTP) in the White House, in an official statement released on April 23 by Presidential Assistant Michael J. Kratsios, said that the Trump administration has information indicating that foreign entities (mainly based in China) are intentionally targeting major U.S. artificial intelligence companies. They are systematically extracting U.S. AI model capabilities through “tens of thousands of agent accounts” and jailbreaking technology, and are simultaneously announcing four response measures.