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Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report

Cointelegraph.com News·
Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report
AI Analysis

Kraken has laid off 150 employees as it increases its reliance on AI, contributing to a total of over 5,000 job cuts in the crypto industry this year. This move may also postpone the company's planned IPO.

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Originally reported by Cointelegraph.com News. Read the full article ↗

Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report | AI Crypto Daily Wire