Peloton lays off 11 percent of its staff just a few months after launching its AI hardware

Peloton said on Friday that it’s cutting around 11 percent of its staff, mostly impacting “engineers working on technology and enterprise-related efforts,” reports Bloomberg. Last August, Peloton laid off six percent of its workforce and told investors it would continue layoffs globally in 2026, in an attempt to cut at least $100 million of annual … Read more

Video game company stock prices dip after Google introduces an AI world-generation tool

Project Genie’s version of Link from an experience I made. | Image: Google The stock prices of some major video game companies, including Take-Two Interactive, Roblox, and Unity, had notable declines on Friday, just a day after Google announced its Project Genie tool that lets users prompt AI to generate interactive experiences, Reuters reports. Take-Two’s … Read more