The thing about AI for business, it may not automatically fit the way your business works.
At IBM, we 've seen this firsthand, but by embedding AI across HR,
IT, and procurement processes, we 've reduced costs by millions,
slash repetitive tasks, and freed thousands of hours for strategic work.
Now we 're helping companies get smarter by putting AI where it actually pays off,
deep in the work that moves the business.
Let's create smarter business, IBM.
A new wave of job cuts hits tech workers as big tech's bill for AI spending comes due.
Plus, the SpaceX IPO could give Elon Musk even more power at the company.
Investors are all for it.
It's a lot of I trust in Musk.
And if you have that belief, you're almost investing in the person.
And good news for the multi-billion dollar cannabis industry.
The Trump administration is reclassifying marijuana as a less dangerous drug.
It's Thursday, April 23rd.
I'm Alex Osalev for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
It's a gloomy day for tech workers.
Meta will lay off a tenth of its staff, roughly 8,000 people, next month.
Per an internal memo, it's trying to streamline its operations and pay for massive AI investments.