John Rewich

CEO Matthew Prince says it's not a cost-cutting exercise.

Instead, he says the company is accelerating its evolution to, quote, That means using AI that can perform tasks autonomously.

With the cuts, Cloudflare joins a wave of tech companies that have announced layoffs amid huge AI investments.

Those include Coinbase, Amazon, and Meta.

Cloudflare says its usage of AI has leapt 600% in the last three months, with teams across the organization using more and more AI agents to do work.

It says the layoffs don't make for an easy day, but that it's the right decision as the company reimagines how it operates.

John Rewich, NPR News.

Musk sued OpenAI, Altman, and another founder for, in his words, stealing a charity.

OpenAI was founded as a nonprofit, but Musk says a for-profit arm set up to attract investment and talent has become the main thing.

And he says Altman and others have cashed in.

Musk helped found OpenAI, but he said in court last week he had been a fool to put tens of millions of dollars into it in the early days.

That's because the other founders, he says, treated it as seed capital.

Altman is expected to testify in the coming days.

The lawyer representing him and the company say Musk is just bitter.

They argue he had no problem with the idea of OpenAI launching a for-profit arm and raising billions of dollars.

Until that is, it became successful, and he started his own competitor, XAI.

The trial is expected to run for three or four weeks.

John Rewich, NPR News, San Francisco.

Apple says it's hit an all-time high in terms of active devices in use at $2.5 billion worldwide, and its revenue was up.

CEO Tim Cook told an earnings call its flagship iPhone had an excellent quarter with sales up 22%.