Wednesday, April 22, 2020

LendingClub says it is laying off 460 employees, ~30% of its workforce, including President Steven Allocca, to slash costs amid the COVID-19 pandemic (Bharath Manjesh/Reuters)

Bharath Manjesh / Reuters:
LendingClub says it is laying off 460 employees, ~30% of its workforce, including President Steven Allocca, to slash costs amid the COVID-19 pandemic  —  (Reuters) - Online lender LendingClub Corp (LC.N) said on Tuesday it would lay off 460 employees, including President Steven Allocca …



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Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)

Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...