-2.1 C
Beijing
Wednesday, January 28, 2026

UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

Tesla stock in focus ahead of results as Wall Street debates growth vs profitability

Tesla is set for a key earnings test as investors watch margins, demand and pricing strategy, with the results expected to influence sentiment across the EV and tech markets.

AI Revolutionizing Software Development at Microsoft and Meta

BusinessAI Revolutionizing Software Development at Microsoft and Meta

Satya Nadella, CEO of Microsoft, revealed that up to 30% of the company’s code is now written by artificial intelligence, marking a significant shift in software development. During a conversation with Meta CEO Mark Zuckerberg at Meta’s inaugural LlamaCon AI developer event in Menlo Park, California, Nadella explained that AI’s contribution to Microsoft’s code is steadily increasing. Nadella pointed out that a growing percentage of the company’s code and projects are being created by software, a trend that shows no sign of slowing down.

Zuckerberg, in response, shared Meta’s vision for AI-driven development. While he didn’t know the exact percentage of Meta’s code written by AI, he indicated that the company is developing an AI model to create future iterations of its Llama AI models. Zuckerberg anticipates that, in the near future, half of Meta’s development will be done by AI rather than human developers, with this figure expected to rise further over time.

Both Microsoft and Meta employ thousands of software developers, and these comments highlight the increasing role AI plays in software development across major tech companies. Since the launch of OpenAI’s ChatGPT in late 2022, AI has been leveraged for a variety of tasks, ranging from customer service to generating sales pitches and, increasingly, in software development itself.

In October, Google CEO Sundar Pichai revealed that AI contributes to more than 25% of the company’s new code, reflecting the broader trend in the tech industry. Similarly, Shopify CEO Tobi Lutke recently told employees that they would need to prove that AI cannot perform a job before asking for additional headcount. Duolingo CEO Luis von Ahn also announced plans to gradually replace human contractors with AI to handle certain tasks.

These discussions highlight a shift towards AI as a key player in the software development process, enabling companies to produce more software efficiently. AI tools, like the “vibe coding” software developed by Windsurf, aim to streamline the coding process by generating full programs with minimal input. As AI continues to evolve, it promises to transform how software is developed, reducing the need for human coders and allowing organizations to focus on scaling and improving their software products.

READ MORE:

Check out our other content

Check out other tags:

Most Popular Articles