Business & Industry

Business and Industry covers the commercial adoption of artificial intelligence across corporate sectors and economic markets. Truncated covers enterprise deployments, industry investments, market trends, workforce impacts and regulatory compliance.

Thursday 5 November

‘Sad and devastated’: Canva cuts hit staff and Australian tech overall

The Sydney Morning Herald logo

AI-generated summary Canva chief executive Melanie Perkins told staff that 1271 people would be affected by a restructuring after growth slowed this year. Dunja Popovs was among the workers losing their job at the design software maker, according to the report.

Also covered by bloomberg.com the Guardian theinformation.com
+4 moreadweek.com ctech Fortune Fast Company

OpenAI’s hiring of former Army Secretary just 2 months after Pentagon resignation is part of a 'trend' of it pivoting resources to defense projects

Dan Driscoll speaks at a desk with a microphone. The desk has two water bottles on it, and he is gesturing with both hands to his side.

AI-generated summary OpenAI announced on Monday that it hired former U.S. Army Secretary Dan Driscoll as senior counselor for national security modernization. OpenAI says the appointment aligns with its strategy to allocate resources toward defense projects and strengthen relationships with government agencies.