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CNA
an hour ago
- CNA
Australia's WiseTech to cut some jobs in AI-driven efficiency push
Australia's WiseTech Global confirmed on Wednesday it was cutting some roles as part of a workforce review to focus on "maximizing efficiency via automation and use of artificial intelligence". The software firm did not specify the number of jobs to be impacted in an emailed response to a Reuters query. The Australian Financial Review reported earlier in the day that the Sydney-headquartered logistics software provider has told employees it is increasing the use of AI across the business as part of a broad restructure, citing an email from WiseTech's chief of staff, Zubin Appoo. WiseTech, known for its flagship CargoWise platform, has a team of around 3,500 people across 38 countries, as of June 30, 2024, according to its 2024 annual report. A spokesperson said the firm is "supporting all impacted team members through this transition, including access to professional outplacement services." Wisetech's move mirrors broader industry trends, with technology companies worldwide reducing headcount to fund heavy investments in AI infrastructure. Earlier this month, Microsoft announced plans to lay off nearly 4 per cent of its workforce, while big tech peers including Amazon, Facebook parent Meta and Alphabet's Google have all trimmed their labour forces in recent years.
Business Times
5 hours ago
- Business Times
Alibaba launches open-source AI coding model, touted as its most advanced to date
[BEIJING] Alibaba Group announced on Wednesday (Jul 23) the launch of Qwen3-Coder, an open-source artificial intelligence (AI) model for software development that the Chinese e-commerce giant described as its most advanced coding tool to date. The launch comes amid intensifying competition among Chinese technology companies in the global AI development race, with firms on both sides of the Pacific releasing increasingly sophisticated models. Qwen3-Coder is designed for software development tasks such as code generation and managing complex coding workflows, Alibaba said. The company positioned the model as particularly strong in 'agentic AI coding tasks' - automated processes where AI systems can work independently on programming challenges. According to performance data released by Alibaba, Qwen3-Coder outperformed domestic competitors, including models from DeepSeek and Moonshot AI's K2 in key coding capabilities. The company also claimed its model matched the performance of leading U.S. models, including Anthropic's Claude and OpenAI's GPT-4 in certain areas. REUTERS
CNA
5 hours ago
- CNA
Amazon shuts down Shanghai AI research lab, FT says
Amazon is shutting down its Shanghai artificial intelligence lab, the Financial Times reported on Wednesday. Reuters could not immediately confirm the report.
