newsJune 16, 2026·TechCrunch AI

Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it

Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood's CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.

Key Takeaways

•Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood's CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
•This story was reported by TechCrunch AI, covering developments in the news space.
•AI advancements continue to reshape industries — read the full article on TechCrunch AI for complete coverage.

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Microsoft’s Clippy-like Mico character is no longer the face of Copilot

Mico is headed to Learn Live. | Image: Microsoft Microsoft Copilot will no longer show its emotive yellow blob, Mico, when you use the chatbot's voice mode. In a support page, Microsoft says it's going to move Mico to its Learn Live platform, where the avatar will have "more to react to," as repor

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Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it

Key Takeaways

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Microsoft’s Clippy-like Mico character is no longer the face of Copilot

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Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

OpenAI is losing its second executive this week

Discussion

Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it

Key Takeaways

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Microsoft’s Clippy-like Mico character is no longer the face of Copilot

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OpenAI is losing its second executive this week

Discussion

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The Verge AI
Microsoft’s Clippy-like Mico character is no longer the face of Copilot
Mico is headed to Learn Live. | Image: Microsoft Microsoft Copilot will no longer show its emotive yellow blob, Mico, when you use the chatbot's voice mode. In a support page, Microsoft says it's going to move Mico to its Learn Live platform, where the avatar will have "more to react to," as repor

TechCrunch AI
Writer introduces new AI model and upgraded harness to contain token costs
Built as a post-training variation on Z.ai's open source model GLM-5.2, Writer says the new system should provide deployment-ready capabilities at a much lower price.

TechCrunch AI
Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.

The Verge AI
OpenAI is losing its second executive this week
Another OpenAI executive is departing. Denise Dresser, who joined OpenAI as its chief revenue officer in December after serving as CEO of Slack, will be leaving in the "coming weeks" to "pursue other opportunities," she said in a team note posted to LinkedIn. Dali Rajic, president and COO of Wiz, wi