AI News Roundup — April 2, 2026
Oracle announces up to 30,000 job cuts to redirect billions to AI, OpenAI hits $2B monthly revenue ahead of its IPO, and North Korean hackers compromise the Axios npm package affecting millions.
Oracle to Cut Up to 30,000 Jobs, Redirect $10 Billion to AI Infrastructure
Oracle announced plans to cut 20,000 to 30,000 employees to redirect $8 to $10 billion toward AI infrastructure. The move is one of the largest workforce reductions tied to an AI pivot in corporate history, following similar cuts at Block, Atlassian, and Meta in recent weeks.
OpenAI Now Generating $2 Billion Per Month, IPO Preparations Underway
OpenAI is now generating $2 billion per month in revenue and preparing for an IPO that could redefine AI market dynamics. A record $122 billion funding round highlights ongoing investor enthusiasm as the company refocuses on productivity-driven enterprise tools after discontinuing costly ventures like Sora.
North Korean Hackers Hijack Axios npm Package
North Korean hackers hijacked the popular Axios project, inserting malware into a tool downloaded tens of millions of times weekly. Separately, a new paper introduces a taxonomy of emerging AI security risks tied to agentic systems, including prompt injection, semantic manipulation, and human-in-the-loop exploits.
Nothing Unveils AI-Integrated Smart Glasses and Earbuds
Nothing unveiled plans for AI-integrated smart glasses and earbuds featuring built-in cameras, microphones, and speakers that connect to smartphones and the cloud for real-time AI queries. The devices represent a growing push to embed AI into wearable consumer hardware.
AI Startup Seed Valuations Surge to $40-45 Million Post-Money
AI startups now command significantly higher seed valuations, with rounds reaching $10 million at $40-45 million post-money. Early traction and the allure of proven AI talent, particularly from ex-OpenAI engineers, are the primary drivers of these elevated valuations.
Uber and WeRide Expand Driverless Robotaxis in Dubai
Uber and WeRide expanded robotaxi operations in Dubai, now operating without human safety operators. Meanwhile, major players like Waymo and Tesla are refusing to disclose how often their vehicles require remote assistance, raising safety transparency concerns.
Quinnipiac Poll Shows Majority of Americans Believe AI Will Cause Harm
A Quinnipiac poll finds that more than half of US adults believe AI is likely to cause harm, reflecting growing public unease even as corporate investment accelerates. The survey highlights a widening gap between industry optimism and public caution about AI development.