Allen Control Systems’ Bullfrog uses AI models to target drones or other threats. | Source: Allen Control Systems Allen Control Systems has raised $200 million in Series B funding. This puts the company’s valuation at $2.2 billion, Allen Control Systems (ACS) claimed. ACS will use the funding to scale manufacturing and accelerate deployment of its autonomous weapon station, Bullfrog, for the United States and allied militaries. The company also plans to develop new product lines. Bul
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The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ending May 31, Oracle said it has 141,000 full-time employees. In its 2025 filing, Oracle said it had 162,000 employees. The reported 12.9 percent reduction followed March reports of mass layoffs at the database management software company. "[T]he adoption and deployment of AI technologies across

Stockholm-based startup Fika Jobs is building a video-first hiring platform that combines AI interview agents with short-form video profiles, creating something that feels like a cross between LinkedIn and TikTok.

What does an AI company do after one of those not-acqui-hire deals? Groq raised money, is leaning into its neocloud business, and is hiring new execs.
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