Buy-now, pay-later giant Klarna files for IPO in the US

Tech Insider
Illustration of Klarna's logo displayed on a phone with a backgorund image including Klarna's logo
Klarna filed for an initial public offering.

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Klarna, the buy-now, pay-later firm, is looking to make a Robinhood-like product for trading stocks, an internal job ad shows

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Klarna's logo displayed on a phone screen with its website behind it
Klarna is preparing for an IPO, widely anticipated to be in the US.

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Klarna CEO comments show the AI workplace everyone has been dreading is already here

Tech Insider
Klarna CEO at London Pop-up
Klarna CEO, Sebastian Siemiatkowski, plans to reduce the company's workforce by half, citing increased productivity and revenue with AI.

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Klarna CEO explains why it's important to give younger employees a shot at management and promote from within

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Sebastian Siemiatkowski, CEO of Klarna, believes promoting internal talent and younger employees is important.

Klarna

Klarna CEO faces backlash for saying AI let marketing team 'half the size it was last year' do more work, saving millions

Tech Insider
Klarna CEO Sebastian Siemiatkowski
Klarna CEO Sebastian Siemiatkowski faced criticism for saying AI has helped the company's marketing team, which is "half the size it was last year," produce more work.

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Gen Zers say they're hooked on fast fashion, but regret their Shein hauls when the 'high' wears off

Tech Insider : Economy
Young woman opening a parcel
The "high" Gen Zers experience from Shein hauls doesn't last long (stock photo).

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Now you can put your Botox on Affirm

Tech Insider
A woman has a needle pointing to her frown lines.
You can now use buy now, pay later service Affirm to pay for that Botox.

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Klarna CEO Boasts His AI Can Do Work of 700 People After Laying Off 700 People in 2022

Gizmodo

Klarna CEO Sebastian Siemiatkowski bragged on Tuesday that his company’s new OpenAI-powered customer service chatbot was doing the work of 700 people—nearly two years after Klarna laid off about 700 people.

Klarna says its AI assistant is doing the work of 700 people after putting the brakes on hiring

Tech Insider
Klarna app
The fintech said its OpenAI-powered assistant had engaged in 2.3 million conversations since it went live a month ago.

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Klarna is freezing hiring and turning to AI tools such as ChatGPT to pick up the slack

Tech Insider
Klarna CEO Sebastian Siemiatkowski
Klarna CEO Sebastian Siemiatkowski

David M. Benett/Getty Images for Klarna

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