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Tech Giants and Longevity Gurus: A Snapshot of Recent Developments
In a week of diverse developments, IBM announced plans to significantly increase entry-level hiring, while Rivian saw its software and services revenue surge. Meanwhile, Pinterest highlighted its search volume, and a longevity guru offered a pricey program.
IBM intends to triple its entry-level hiring in the U.S. by 2026, according to reporting from Bloomberg. Nickle LaMoreaux, IBM's chief human resource officer, announced the initiative at the Charters Leading with AI Summit. "And yes, its for all these jobs that were being told AI can do," LaMoreaux said. She explained that the job descriptions would be refocused on "people-forward areas" rather than areas AI could automate, such as coding.
Rivian's 2025 revenue reached $5.38 billion, an 8% increase from the prior year, according to the company. However, automotive revenue decreased by 15% to $3.8 billion. This decline was partially offset by higher average selling prices. Software and services revenue experienced substantial growth, more than tripling to $1.55 billion for the year, with the joint venture with Volkswagen Group playing a significant role.
Pinterest CEO Bill Ready compared the platform's search volume to that of ChatGPT, highlighting its potential as a unique search destination. According to third-party data, ChatGPT sees 75 billion searches per month, while Pinterest sees 80 billion searches and generates 1.7 billion monthly clicks, Ready stated. He added, "That makes us one of the largest search destinations in the world. And importantly, more than half of those searches are commercial in nature, compared to, I think . . . approximately 2 of ChatGPT searches."
In other news, fintech-founder-turned-longevity-guru Bryan Johnson is offering a program called "Immortals" for $1 million per year. The program promises to teach individuals the protocol Johnson has followed for the last five years.
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