AI & Jobs

#ipo · How AI Is Reshaping Work

Tracking how AI is reshaping roles, departments, and industries — updated daily.

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Kraken, May 14–15: Parent Company Payward Cuts 150 Roles After Deploying AI Internally — Bloomberg Headlines It 「IPO May Slip to 2027」 the Same Week the Exchange Says It Is 「80% Ready」 to List and Is Raising Fresh Capital at a $20B Valuation AI & Jobs

Kraken, May 14–15: Parent Company Payward Cuts 150 Roles After Deploying AI Internally — Bloomberg Headlines It 「IPO May Slip to 2027」 the Same Week the Exchange Says It Is 「80% Ready」 to List and Is Raising Fresh Capital at a $20B Valuation

Kraken parent Payward cut about 150 jobs — roughly 5% of its 3,000-person workforce — citing AI-driven efficiency gains, the same week co-CEO Arjun Sethi said the exchange is 「80% ready」 to IPO and is raising at a $20B mark.

#kraken#payward#layoffs
Anthropic Is About to Close $50B at a $900B Valuation — and the Run Rate Behind It Quadrupled in Five Months on Coding-Agent Revenue AI & Jobs

Anthropic Is About to Close $50B at a $900B Valuation — and the Run Rate Behind It Quadrupled in Five Months on Coding-Agent Revenue

Multiple outlets reported between April 29 and May 1 that Anthropic has preemptive offers to raise around $50 billion at a valuation of roughly $850–900 billion. The board meeting that finalizes it is scheduled for May. Annual revenue run rate has gone from ~$9B at end-2025 to roughly $30–40B today — most of the growth from coding-agent products. The chart that won the valuation argument is the same chart that explains why entry-level engineering hiring is collapsing.

#anthropic#claude-code#valuation