A major tech giant is cutting staff as it grapples with setbacks in artificial intelligence development and design innovation. The company's market cap took a hit, sliding 1.2% in recent trading sessions.
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CryptoHistoryClass
· 15h ago
ah yes, 1.2% slide... *checks historical charts* fascinating how this mirrors the pre-capitulation phase we saw in late 2021. the irony? they promised "innovation" while the market's doing what market cycles always do. history doesn't repeat but man does it love rhyming with itself.
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MetaverseMigrant
· 12-05 04:02
AI R&D pitfalls, layoffs have truly become the norm, and a 1.2% drop is probably just the appetizer.
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fomo_fighter
· 12-05 04:02
AI really crashed this time, layoffs are inevitable... But 1.2% isn't as bad as I imagined.
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ReverseFOMOguy
· 12-05 04:00
No matter how much AI is hyped, it's useless—they're starting layoffs now...
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ValidatorViking
· 12-05 03:36
ngl, when the big players stumble on ai roadmaps, that's usually when network resilience gets tested. 1.2% bleed doesn't sound like much until your node infrastructure can't handle the cascade... seen this movie before during the fork wars.
A major tech giant is cutting staff as it grapples with setbacks in artificial intelligence development and design innovation. The company's market cap took a hit, sliding 1.2% in recent trading sessions.