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[3/19 12:00] Crypto.com 12% Layoffs for AI Overhaul / Ant Group Profit Plunges 91% on AI Spending

3 min•19 mars 2026

AI News Flash for March 19, 2026 at 12:00 UTC. Topics: 1. Crypto.com 12% Layoffs for AI Overhaul https://www.bloomberg.com/news/articles/2026-03-19/crypto-com-to-lay-off-12-of-staff-in-ai-overhaul 2. Ant Group Profit Plunges 91% on AI Spending https://www.bloomberg.com/news/articles/2026-03-19/jack-ma-backed-ant-s-profit-fell-91-on-ai-spending-fair-value 3. Economist: India's IT Industry Still Resilient to AI Disruption https://www.economist.com/business/2026/03/19/why-ai-has-not-yet-upset-indias-it-industry 4. Fortune: Enterprises Escaping "AI Purgatory" https://fortune.com/2026/03/19/from-pilot-mania-to-portfolio-discipline-how-the-best-companies-are-escaping-ai-purgatory/

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