Teradata freezes salaries for AI, Scorsese adopts AI, Berkshire bets big on Alphabet
Cloud company stops raises for 5,100 employees to fund AI, while Scorsese uses generative AI for storyboards.
Deep Dive
Teradata is freezing annual salary increases for its 5,100 employees in 2026, redirecting those funds to AI capabilities. Martin Scorsese has been using Black Forest Labs' FLUX generative AI model to create storyboards for an upcoming film. Berkshire Hathaway, under Greg Abel, is buying Alphabet stock worth $10 billion at a discounted price near $352 per share.
Key Points
- Teradata freezes salary hikes for 5,100 employees, reallocating funds to AI capabilities in 2026.
- Martin Scorsese uses Black Forest Labs' FLUX generative AI model for film storyboards.
- Berkshire Hathaway invests $10 billion in Alphabet stock at ~$352/share, citing AI and digital advertising growth.
Why It Matters
AI investment is forcing tough trade-offs in compensation, creative processes, and big tech stock valuations.