Tech News Roundup: Meta's AR Glasses, Telegram Founder Arrest, AI in Software Development, and Gen X vs Gen Z Job Experiences

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Meta's new augmented reality glasses, codenamed Orion, will now run on Qualcomm silicon instead of custom chips, as part of cost-cutting efforts. The discontinuation of the "Spark" toolset has sparked anger among third-party developers, with a termination date set for January 14 next year. The departure of Intel board member Lip-Bu Tan was reportedly due to differences over workforce, culture, and AI strategy. Short seller Hindenburg Research has targeted AI server firm Super Micro Computer with allegations of lack of innovation. Apple is cutting around 100 jobs in its digital services group, including teams behind the Apple Books app and Apple News. The U.S. announced a $521 million investment in infrastructure for new-style cars, including EV chargers and hydrogen fueling stations. Klarna is using AI to cut jobs, with plans to reduce its workforce from 3,800 to 2,000 through automation.Transitioning to the arrest of Telegram founder Pavel Durov, debates about content moderation and government interference have been sparked. With over 900 million users, Telegram has approached profitability without venture capital funding. Durov's commitment to free speech and privacy has led to conflict with the Russian government. The arrest has left the future of both Telegram and TON uncertain, impacting their success and potential changes ahead. Investors are unsure if an IPO or monetization through TON is the best path forward for Telegram.Moving on to how AI coding is revolutionizing software development, companies like SpaceX and Amazon are utilizing AI tools like Cursor to save time and enhance creativity. These tools are democratizing software development and driving innovation in various industries. The future looks promising for AI in software development, with the potential for children to create products using AI. AI is also making its mark in marketing and art image generation, leading to a creative renaissance across different fields.Lastly, discussing the job experiences of Gen X and Gen Z individuals, challenges faced by younger workers in securing entry-level positions are highlighted. The importance of companies nurturing the next generation of workers is emphasized, along with the resilience of Gen Z individuals in creating their own opportunities through self-education and entrepreneurship. Updates on various topics such as Nvidia's earnings report, Mark Zuckerberg's letter to Congress, and a new CEO's pay package at Bloomin' Brands are mentioned. Other news snippets include Peloton's former CEO losing wealth, potential private equity investments in the NFL, and intertwined careers and deaths of Autonomy cofounder Mike Lynch and Stephen Chamberlain.Thank you for tuning in to OWITH.ai - stay updated on all things AI and tech by subscribing to our podcast.

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