I think the potential of Agenic is to rethink how work gets done overall. It challenges all sorts

of traditional orthodoxies around how organizations execute the work at hand. That's Jason Gersatus,

CEO of Deloitte U.S., talking about the transformational potential of Agenic AI. Join him later

to learn why agents are a game changer for businesses across industries.

Here's your morning, TNB Tech Minute, for Wednesday, April 15th. I'm Danny Lewis for the Wall

Street Journal. Snap says it plans to cut about 1,000 jobs or about 16% of its full-time workforce

as it faces investor pressure over its struggles for profitability.

In a memo to employees today, CEO Evan Spiegel says the cuts were necessary to enable the

social media company to increase efficiency and pursue profitable growth.

Spiegel says the company will also close more than 300 open positions.

Snap also noted it now projects that its total first

quarter revenue increased by 12 percent to about $1.53 billion. The NAACP sued XAI yesterday,

claiming that the company's data centers in Tennessee and Mississippi are creating health

risks for local residents. The lawsuit alleges that Elon Musk's

company is illegally operating gas turbines without an air permit in violation of the Clean Air Act,

and that pollution and hazardous chemicals from the turbines have been linked to increases in respiratory

diseases and certain cancers, as well as other health conditions. The civil rights group filed the suit in the Northern District of Mississippi and said

XAI has built the plants in communities with significant black populations.

XAI didn't respond to a request for comment, but has argued that the structures don't require

a permit since they are temporary.

And Jane Street is investing $1 billion in Corweave and signed a $6 billion deal to use its AI cloud

platform.

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