Daily Edition · Page 4

THE DAILY INDEX

Technology, AI, software, security, crypto and business

Continued

TLDR AI — continued

'WE DON'T BELIEVE IN WORK-LIFE BALANCE': A NEWLY ACQUIRED STARTUP JUST OFFERED ITS 200-PERSON TEAM A CHOICE — WORK WEEKENDS OR TAKE A BUYOUT

Cognition, which bought competitor Windsurf less than a month ago, has offered the 200-person team buyouts amounting to nine months' salary if they don't want to stay and work 80-hour weeks. Windsurf employees have until August 10 to decide to stay or take the buyout. Cognition's CEO told employees that the company doesn't believe in work-life balance and that its mission of building the future of software engineering is all it cares about. Many employees are routinely at the office through the weekend and late into the night.

HOW CHINA IS GIRDING FOR AN AI BATTLE WITH THE U.S.

China is ramping up efforts to build a domestic artificial intelligence ecosystem that can function without Western technology. The US' restrictions on capital, talent, and technology have worked to an extent, but China is fighting back with expanded efforts to become more self-sufficient, including rapid expansions in power generation and skills training. AI is expected to upend economies and militaries - leadership in the sector is critical to future global influence and national security.

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