AI News: Fears of AI replacing jobs keep rising. By May 2026, nearly 98,000 US positions had been explicitly marked for ‘AI-driven cuts,’ with some forecasts projecting up to 15% of American jobs could vanish in the next five years. However, after tracking AI spending and workforce data across nearly 22,000 companies, Ramp and Revelio Labs found a counterintuitive signal: companies aggressively adopting AI actually saw faster headcount growth.
AI News: Anthropic beat OpenAI for the first time in enterprise spending share at the end of May, data from Ramp shows covering 70k+ businesses. Simultaneously Anthropic closed a $65B funding round at $965B valuation, beating OpenAI, and quietly filed an IPO - driven by the company’s first profitable quarter…
AI News Flash: As AI tech spreads fast, the industry spawns tons of jargon and slang that confuses newcomers. TechCrunch put together a glossary of common AI terms, covering key definitions—from technical concepts like hallucinations, models, training data—to new AI slang popping up in everyday chat. This glossary helps readers grasp context faster when reading AI coverage or chatting with industry folks, lowering the understanding barrier.