Oil giant BP has announced the cancellation of 18 early-stage hydrogen projects, sparking concerns about the future of the nascent industry. This move is expected to have a significant impact on the development of green hydrogen, which has the potential to reduce carbon pollution in various industries. The decision is seen as a setback for…
investors on The Soothsayer / page 12
The tech industry is experiencing a significant wave of layoffs, with over 130,000 job cuts across 457 companies in 2024. Major players like Tesla, Amazon, Google, and Microsoft have all conducted sizable layoffs, while smaller startups have also seen significant cuts. The impact of AI and automation on jobs is a major concern, and the…
Amazon CEO Andy Jassy has hinted at an improved, “agentic” version of the company’s Alexa assistant, which could take actions on a user’s behalf. The new Alexa, code-named “Remarkable Alexa,” is expected to be released in 2025 and will reportedly cost $5 to $10 per month. The assistant will be powered by Anthropic’s generative AI…