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people showed up to watch — Driverless racing is real, terrible, and strangely exciting The Abu Dhabi Autonomous Racing League proves its possible, just very hard.

Hazel Southwell – May 31, 2024 11:00 am UTC Enlarge / No one’s entirely sure if driverless racing will be any good to watch, but before we find that out, people have to actually develop driverless race cars. A2RL in Abu Dhabi is the latest step down that path.A2RL reader comments 0 A2RL provided flights from London to Abu Dhabi and accommodation so Ars could attend the autonomous race event. Ars does not accept paid editorial content.

ABU DHABIWe live in a weird time for autonomous vehicles. Ambitions come and go, but genuinely autonomous cars are further off than solid-state vehicle batteries. Part of the problem with developing autonomous cars is that teaching road cars to take risks is unacceptable.

A race track, though, is a decent place to potentially crash a car. You can take risks there, with every brutal crunch becoming a learning exercise. (Youd be hard-pressed to find a top racing driver without a few wrecks smoldering in their junior career records.)

That’s why 10,000 people descended on the Yas Marina race track in Abu Dhabi to watch the first four-car driverless race. Test lab

The organizers of the Abu Dhabi Autonomous Racing League (A2RL) event didnt brief me on what to expect, so I wasn’t sure if we would see much car movement. Not because the project was likely to failit certainly had a lot of hardware and software engineering behind it, not to mention plenty of money. But creating a high-speed, high-maneuverability vehicle that makes its own choices is an immense challenge.

Just running a Super Formula carthe chassis modified for the seriesis a big task for any race team, even with an expert driver in the cockpit. I was ready to be impressed if teams got out of the pit lane without the engine stalling.

But the cars did run. Lap times weren’t close to those of a human driver or competitive across the field, but the cars did repeatedly negotiate the track. Not every car was able to do quick laps, but the ones that did looked like actual race cars being driven on a race track. Even the size of the crashes showed that the teams were finding the confidence to begin pushing limits. Enlarge / Each of these Dallara Super Formula cars has been modified by its team to operate without a human driver onboard or in control. A2RL

Is it the future of motorsport? Probably not. But it was an interesting test lab. After a year of development, six weeks of code-jam crunch, 14 days of practice, and one event, teams are going home with suitcases full of data and lessons they can use next year. Advertisement The track and the cars

A2RL is one of three competitions being run by Aspire, the “technology transition pillar” of Abu Dhabi’s Advanced Technology Research Council.

Yas is an artificial island built as a leisure attraction, housing theme parks and hotels alongside the circuit, with an influencer photo opportunity around every corner. The island was the focus of the Emirate restyling itself for tourism, and its facilities now play secondary host to another image makeover as a technology hub. An F1 track is now finding a second use as a testing lab, and it’s probably the only track in the region that could afford the kind of excess that two weeks of round-the-clock, floodlit, robotic testing represents.

Although the early ambition was to use Formula 1 cars to reflect Yas Marina’s purpose as a circuit, the cost compared to a Super Formula car was absurd. Plus, it would have required eight identical F1 chassis. Even in the days of unrestricted F1 budgets, few teams could afford that many chassis in a season.

So Aspires Technology Innovation Institute (TII) went to the manufacturer Dallara, which supplies almost every high-level single-seater chassis, including parts of some F1 cars, but also every IndyCar, Super Formula, Formula E, Formula 2, and Formula 3 car, plus a whole array of endurance prototypes. Dallara was also involved in the 2021 Indy Autonomous Challenge via the IndyNXT chassis.

TII in Abu Dhabi was also involved in the Indy Autonomous Challenge as part of a universitys team, so it got to see how the cars had been rapidly adapted to accommodate a robotic driver. The computer that controls the driving and interprets the sensor stack, situated in the cockpitalmost like a human driver. Hazel Southwell The Meccanica42 actuators that operate throttle, brake, and steering onboard the adjusted SF23 chassis. Hazel Southwell L-R: The robotic array that sits lower in the car’s cockpit for the actuators to operate the car, and the computer that sits above it for maximum ventilation. Hazel Southwell A look at one of the car’s sensor pods. A2RL Page: 1 2 3 4 Next → reader comments 0 Advertisement Channel Ars Technica ← Previous story Related Stories Today on Ars

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Technology

AI was behind over 50,000 layoffs in 2025 — here are the top firms to cite it for job cuts

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AI was behind over 50,000 layoffs in 2025 — here are the top firms to cite it for job cuts

Sad female worker carrying her belongings while leaving the office after being fired

Isbjorn | Istock | Getty Images

Layoffs have been a defining feature of the job market in 2025, with several major companies announcing thousands of job cuts driven by artificial intelligence.

In fact, AI was responsible for almost 55,000 layoffs in the U.S. this year, according to consulting firm Challenger, Gray & Christmas.

There were in total 1.17 million job cuts through 2025, the highest level since the Covid-19 pandemic in 2020 when there were 2.2 million layoffs announced by the end of the year.

In October, U.S. employers announced 153,000 job cuts, and there were over 71,000 job cuts in November, with AI being cited for over 6,000 for the month, per Challenger.

At a time when inflation bites, tariffs are adding to expenses, and firms are looking to carry out cost-cutting measures, AI has presented an attractive, short-term solution to the problem.

The Massachusetts Institute of Technology released a study in November showing that AI can already do the job of 11.7% of the U.S. labor market and save as much as $1.2 trillion in wages across finance, healthcare, and other professional services.

Not everyone is convinced that AI is the real reason behind the dramatic job cuts, as Fabian Stephany, assistant professor of AI and work at the Oxford Internet Institute, previously told CNBC, that it might be an excuse.

Stephany said many companies that performed well during the pandemic “significantly overhired” and the recent layoffs might just be a “market clearance.”

“It’s to some extent firing people that for whom there had not been a sustainable long term perspective and instead of saying ‘we miscalculated this two, three years ago, they can now come to the scapegoating, and that is saying ‘it’s because of AI though,'” he added.

Here are the top firms that cited AI as part of their layoff and restructuring strategy in 2025.

Amazon

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.

Noah Berger | Getty Images

In October, Amazon announced the largest ever round of layoffs in its history, slashing 14,000 corporate roles, as it looks to invest in its “biggest bets” which includes AI.

“This generation of AI is the most transformative technology we’ve seen since the Internet, and it’s enabling companies to innovate much faster than ever before… we’re convinced that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business,” Beth Galetti, senior vice president of people experience and technology at Amazon, wrote in a blog post.

Amazon CEO Andy Jassy warned of the cuts earlier this year, telling employees that AI will shrink the company’s workforce and that the tech giant will need “fewer people doing some of the jobs that are being done today, and more people doing other types of jobs.”

Microsoft

Microsoft CEO Satya Nadella appears at the CES event in Las Vegas on Jan. 9, 2024. The event typically doubles as a preview of how tech giants and startups will market their wares in the coming year and if early announcements are any indication, AI-branded products will become the new “smart” gadgets of 2024.

David Paul Morris | Bloomberg | Getty Images

Microsoft has cut a total of around 15,000 jobs through 2025, and its most recent announcement in July saw 9,000 roles on the chopping block.

CEO Satya Nadella wrote in a memo to employees that the company needed to “reimagine” its “mission for a new era,” and went on to tout the significance of AI to the company.

“What does empowerment look like in the era of AI? It’s not just about building tools for specific roles or tasks. It’s about building tools that empower everyone to create their own tools. That’s the shift we are driving — from a software factory to an intelligence engine empowering every person and organization to build whatever they need to achieve,” Nadella said.

Salesforce

Marc Benioff, chief executive officer of Salesforce Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025.

Stefani Reynolds | Bloomberg | Getty Images

IBM

CEO of IBM Arvind Krishna looks on during a roundtable discussion hosted by U.S. President Donald Trump in the Roosevelt Room at the White House on Dec. 10, 2025 in Washington, DC.

Alex Wong | Getty Images

Global tech giant IBM’s CEO Arvind Krishna told the Wall Street Journal in May that AI chatbots had taken over the jobs of a few hundred human resources workers.

However, unlike other companies that had cited AI in job cuts, Krishna admitted that the firm had increased hiring in other areas that required more critical thinking, such as software engineering, sales, and marketing.

In November, the company announced a 1% global cut, which could impact nearly 3,000 employees.

Crowdstrike

Founder and CEO of CrowdStrike George Kurtz speaks during the Live Keynote Pregame during the Nvidia GTC (GPU Technology Conference) in Washington, DC, on Oct. 28, 2025.

Jim Watson | AFP | Getty Images

Cybersecurity software maker CrowdStrike said in May that it’s laying off 5% of its workforce or 500 employees, and directly attributed the cuts to AI.

“AI has always been foundational to how we operate,” co-founder and CEO George Kurtz wrote in a memo included in a securities filing. “AI flattens our hiring curve, and helps us innovate from idea to product faster. It streamlines go-to-market, improves customer outcomes, and drives efficiencies across both the front and back office. AI is a force multiplier throughout the business.”

Workday

Carl Eschenbach, CEO of Workday speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025.

Gerry Miller | CNBC 

In February, HR platform Workday was one of the first companies this year to say its cutting 8.5% of its workforce, amounting to around 1,750 jobs, as the company invests more in AI.

Workday CEO Carl Eschenbach said the layoffs were needed to prioritize AI investment and to free up resources.

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US lawmakers propose tax break for small stablecoin payments, staking rewards

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US lawmakers propose tax break for small stablecoin payments, staking rewards

US lawmakers have introduced a discussion draft that would ease the tax burden on everyday crypto users by exempting small stablecoin transactions from capital gains taxes and offering a new deferral option for staking and mining rewards.

The proposal, introduced by Representatives Max Miller of Ohio and Steven Horsford of Nevada, seeks to amend the Internal Revenue Code to reflect the growing use of digital assets in payments. The draft is set “to eliminate low-value gain recognition arising from routine consumer payment use of regulated payment stablecoins,” per the draft.

Under the draft, users would not be required to recognize gains or losses on stablecoin transactions of up to $200, provided the asset is issued by a permitted issuer under the GENIUS Act, pegged to the US dollar and maintains a tight trading range around $1.

The bill includes safeguards to prevent abuse. The exemption would not apply if a stablecoin trades outside a narrow price band, and brokers or dealers would be excluded from the benefit. Treasury would also retain authority to issue anti-abuse rules and reporting requirements.

Draft bill explains the reasoning behind tax breaks. Source: House

Related: Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

US bill defers taxes on crypto staking rewards

Beyond payments, the proposal addresses long-standing concerns around “phantom income” from staking and mining. Taxpayers would be allowed to elect to defer income recognition on staking or mining rewards for up to five years, rather than being taxed immediately upon receipt.

“This provision is intended to reflect a necessary compromise between immediate taxation upon dominion & control and full deferral until disposition,” the draft said.

The draft also extends existing securities lending tax treatment to certain digital asset lending arrangements, applies wash sale rules to actively traded crypto assets, and allows traders and dealers to elect mark-to-market accounting for digital assets.

Related: Galaxy predicts stablecoins will overtake ACH transaction volume in 2026

Crypto groups urge Senate to rethink stablecoin rewards ban

Last week, the Blockchain Association sent a letter to the US Senate Banking Committee, signed by more than 125 crypto companies and industry groups, opposing efforts to extend restrictions on stablecoin rewards to third-party platforms.