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Shares in the payment company soared more than 25 percent in after-hours trading on Thursday as it announced it would shed more than 4,000 jobs from its 10,000-strong workforce.
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Getting Rusty At Coding#If you’ve spent enough time on programming forums such as Hacker News, you’ve probably seen the name “Rust”, often in the context of snark. Rust is a relatively niche compiled programming language that touts two important features: speed, which is evident in framework benchmarks where it can perform 10x as fast as the fastest Python library, and memory safety enforced at compile time through its ownership and borrowing systems which mitigates many potential problems. For over a decade, the slogan “Rewrite it in Rust” became a meme where advocates argued that everything should be rewritten in Rust due to its benefits, including extremely mature software that’s infeasible to actually rewrite in a different language. Even the major LLM companies are looking to Rust to eke out as much performance as possible: OpenAI President Greg Brockman recently tweeted “rust is a perfect language for agents, given that if it compiles it’s ~correct” which — albeit that statement is silly at a technical level since code can still be logically incorrect — shows that OpenAI is very interested in Rust, and if they’re interested in writing Rust code, they need their LLMs to be able to code well in Rust.
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