ADOBE HUNTS FOR NEW CEO AMID AI SHIFT
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Adobe is evaluating two internal candidates while engaging a search firm to identify external leaders capable of steering the company through the AI era.
■ MORE FROM THE BIG TECH DESK
The European Union has revealed new proposals to boost homegrown technology companies through increased funding and support for startups. The initiative aims to reduce Europe's dependence on non-EU tech giants.
The White House issued an executive order directing federal agencies to strengthen cybersecurity with AI tools within 30 days, while offering AI developers the option to voluntarily submit models for government safety testing.
Uber Technologies is cutting 23% of jobs in its People Division, which handles human resources, recruitment, facilities, and workplace culture. The restructuring comes as newly promoted President Jill Hazelbaker implements organizational changes.
Elon Musk's xAI has halted recruitment of specialists tasked with training its Grok chatbot, signaling a potential shift in the company's AI development strategy.