hard
tech sector sheds more than forty thousand jobs in april alone.
oracle cut roughly thirty thousand roles, meta about eight thousand, microsoft offered voluntary exits to 8,750, and snap let go sixteen percent of its global staff. cumulative q1-to-april losses passed 92,000. industry trackers attribute close to half of q1 cuts to ai and workflow automation. tech-sector unemployment is the highest since the dot-com bust.
via Business TodayGLOBAL
hopeful
isomorphic labs prepares first human trials of fully ai-designed drug candidates.
the deepmind spinoff confirmed on april 25 that molecules generated by its iso drug design engine are entering clinical testing for cancer and immune-system disease. partnerships with eli lilly and novartis total around three billion dollars. the company says its design engine is roughly twice as accurate as alphafold 3 at predicting how proteins bind drugs.
via The News (Reuters wire)GB