Oracle's new CFO Hilary Maxson told employees the company rejects the "doing more with less" mentality, instead advocating for thoughtful resource allocation and process simplification to maximize customer impact. The remarks came as Oracle executed another round of layoffs, with workforce declining 21,000 (13%) in fiscal 2026, while the company pursues aggressive AI infrastructure expansion and maintains a $90-95 billion capital expenditure forecast for fiscal 2027.
Elon Musk's Tesla Cybercab, a fully autonomous robotaxi painted gold, lacks traditional controls like steering wheels and mirrors, relying entirely on self-driving software to navigate traffic. During a test drive in Austin, the vehicle demonstrated capable lane changes and parking maneuvers but raised concerns about passenger helplessness in complex situations requiring driver communication. Priced at $30,000 with operating costs of $0.20–$0.40 per mile, the Cybercab aims to undercut competitors like Waymo and Zoox.
Microsoft CEO Satya Nadella issued an internal memo emphasizing that AI development must remain under human control and proceed at a deliberate pace to ensure safety, endorsing third-party testing and warning that companies risk losing operating permission if they move recklessly. His comments align with recent statements from Anthropic and OpenAI leadership advocating for slower AI deployment and external monitoring. Microsoft AI released a 37-page code of conduct for its models, framing safety concerns as increasingly urgent.