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Cornelis, spun off from Intel in 2020 to build networking tech that helps AI chips communicate more effectively, raised $205M led by IAG Capital (Dominic-Madori Davis/TechCrunch)

Dominic-Madori Davis / TechCrunch : Cornelis, spun off from Intel in 2020 to build networking tech that helps AI chips communicate more e...

6 January 2024

Data from the Department of Labor shows the US IT sector grew by only 700 jobs over 2023, down from 267,000 jobs added in 2022, despite the AI boom (Belle Lin/Wall Street Journal)

Belle Lin / Wall Street Journal:
Data from the Department of Labor shows the US IT sector grew by only 700 jobs over 2023, down from 267,000 jobs added in 2022, despite the AI boom  —  Despite business and investor hype around generative AI last year, information-technology hiring slumped as companies laid off workers and sought to cut costs

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