Episode 202 - Tech's Layoff Wave, the DAO Crash & the AI Boom, plus moves from Apple, Amazon & more.
Intel is laying off 12,000 employees, representing 11% of its workforce. Apple is considering using its A-series chips for cheaper MacBooks. Nvidia and Microsoft are investing in Cognition AI, creator of the AI software engineer "Devin," while the Microsoft-owned LinkedIn faces issues with antisemitism and pro-terror content. Amazon plans to launch a robotics-powered fulfillment center in Israel. The Israeli industry is bracing for a potential 20% contraction and 30,000 layoffs, as the government also mulls revoking tax exemptions for startup investors. Additionally, there is a report on the…
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