On March 11 Atlassian announced the reduction of around 1,600 jobs[1], roughly 10% of its global workforce. In a memo to employees, the co-founders emphasized that the layoffs aim to “self-finance” increased investments in AI features and to expand sales to enterprise clients[2]. The company estimates restructuring costs[3] – including severance and office space downsizing – at $225–236 million, mostly impacting the third quarter of the fiscal year[4]. The cuts will hit North America the hardest[5] with about 40% of the eliminated positions[6], followed by Australia (30%) and India (16%), with a smaller scale in Europe.
Atlassian Cuts Jobs to Fund AI
Atlassian’s decision reflects the pressure[7] investors are putting on mature SaaS providers. Over the last 12 months, the company’s market value has dropped by over 50–60%[8], while the market expects a convincing “AI-native” strategy and margin improvement[9]. The company is prioritizing the development of the Rovo assistant[10] and other agent-like features, which could slow down classic product roadmaps[11]. This signals the diminishing relevance of specialists lacking competencies[12] in favor of roles focused on building and integrating agents.
AMI Labs’ Record Seed Round on World Models
At the opposite end of the market, the company announced closing a seed round worth $1.03 billion[13] at a pre‑money valuation of about $3.5 billion – the largest known seed round in Europe. AMI Labs is building so-called world models, systems learning from sensory data[14] about the physical world rather than mainly from text. This aims to enable better planning, robot control, and applications in autonomy[15] compared to classic language models.
The founders of AMI Labs are Yann Le. Cun[16], serving as executive chairman, and Alexandre Le. Brun, formerly CEO of Nabla startup. Such a large concentration of capital in an alternative to LLMs strengthens Europe’s position[17] as one of the AI development hubs alongside the USA and China. This could mean greater availability of research partnerships and grants[18] for Polish universities and companies in robotics, logistics, and medicine.
OpenClaw Caught Between Boom and Chinese Clampdown
Simultaneously, a craze for OpenClaw[19] – an open-source AI agent capable of independently performing computer tasks – exploded in China. The tool, created by independent developer Peter Steinberger, gained popularity[20] thanks to easy installation and support from local clouds, but recently central institutions started formally restricting its use in banks and government agencies[21]. CNCERT/NVDB warned that OpenClaw’s default security settings are “extremely fragile”[22], and previously published vulnerabilities at medium and high risk levels could lead to system takeover and data leaks[23].
The NVDB vulnerability database published a list of “6 dos and 6 don’ts”[24] for the safe use of OpenClaw – from the principle of least privilege and avoiding unauthorized mirrors, to warnings against plugins requiring passwords. Media outlets, including Reuters and Bloomberg, report[25] that they have received formal directives not to install OpenClaw on work computers[26]. Paradoxically, local governments and tech hubs such as Longgang district in Shenzhen offer grants up to 10 million yuan[27] to companies developing projects based on this agent. The OpenClaw case shows that with the rapid adoption of AI agents, the importance of requirements[28] regarding permissions, logging, and sandboxing is growing[29], and may set a pattern for implementing executive regulations[30] under the EU AI Act, particularly for high-risk systems and cybersecurity.
Sources
- [1] huggingface.co
- [2] techmonk.economictimes.indiatimes.com
- [3] straitstimes.com
- [4] techcrunch.com
- [5] frenchtechjournal.com
- [6] chinadaily.com.cn
- [7] cnbc.com
- [8] atlassian.com
- [9] computerworld.com
- [10] finance.yahoo.com
- [11] businessinsider.com
- [12] finance.yahoo.com
- [13] reworked.co
- [14] mdpi.com
- [15] wsj.com
- [16] bloomberg.com
- [17] siliconrepublic.com
- [18] nordic9.com
- [19] news.crunchbase.com
- [20] chosun.com
- [21] finance.yahoo.com
- [22] sifted.eu
- [23] techcrunch.com
- [24] americanbazaaronline.com
- [25] fortune.com
- [26] champaignmagazine.com
- [27] thedeepview.com
- [28] blog.mean.ceo
- [29] llm-stats.com
- [30] gunder.com
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