Intel announced on Thursday that it would lay off 17,500 employees, or more than 15% of its total workforce, in a bid to turn around its money-losing semiconductor manufacturing business. The Santa Clara, California-based Intel currently employs 116,500 people as […]
Indian electric scooter startup OLA Electric is set to raise $734 million in what will be the country’s biggest IPO this year. According to Reuters, the institutional investors have already received $2 billion worth of bids for the IPO, putting […]
The online education sector has experienced explosive growth in recent years, particularly since the pandemic, driven by an ever-increasing number of content creators across various platforms, from YouTube and TikTok to professionals offering bespoke courses. Riding this wave, Barcelona-based EdTech […]
In the United States, wildfires rank among the most devastating climate disasters, inflicting billions in economic losses and human suffering each year. To combat this escalating threat, blockchain climate tech startup Raad Labs is deploying a distributed network of meteorological […]
Uber and Chinese automaker BYD announced on Wednesday a multi-year partnership aimed at integrating BYD’s electric vehicles (EVs) into Uber’s ride-hailing platform worldwide. As part of the partnership, Uber plans to deploy 100,000 BYD electric cars on its ride-hailing platform, […]
Web3 is a vast universe of chains and dApps, and securing and managing digital assets across multiple blockchains is crucial. To address this need, Supra, a prominent layer-1 blockchain, has unveiled a new tool to make cryptocurrency and Web3 experiences […]
It’s been three years since we last checked in on WeRide, the Guangzhou-based smart mobility startup specializing in L4 autonomous driving technologies. Back then, WeRide made headlines with the debut of its self-driving cargo van, Robovan, its debut self-driving cargo […]
With Web3 and AI technologies gaining increasing momentum, 0G Foundation announced today it has teamed up with One Piece Labs to launch its inaugural incubation program, targeting promising startup founders across various industries. This initiative seeks to provide these emerging […]
Meta Platforms on Monday announced the launch of AI Studio, a new AI tool that enables users to create, share, and design personalized AI chatbots. With AI Studio, anyone can craft an AI character tailored to their interests, and creators […]
In a bold move back in 2014, Amazon shook the tech world by acquiring the live-video startup Twitch for nearly $1 billion. At the time, the acquisition was viewed as a strategic leap into the exploding esports and online gaming […]
Apple has released its iOS 18 developer beta for eligible iPhone models but not with the artificial intelligence features the company promised back in June. According to a report from Bloomberg, Apple’s latest artificial intelligence (AI) enhancements are set to arrive […]
Hewlett Packard Enterprise (HPE) is expected to receive unconditional EU antitrust approval for its hefty $14 billion acquisition of Juniper Networks, a key player in the networking gear sector, according to sources cited by Reuters. HPE initially announced the strategic […]
The need for secure messaging has become more prevalent than ever, especially with rising instances of popular apps — such as Whatsapp, Line, and Viber — being hacked or compromised. To elaborate, late last year, a data breach saw more […]
In the fiercely competitive landscape of AI startups, the race to replicate the success of OpenAI has led some to questionable practices. Runway, a prominent startup building generative AI for content creators, has been accused of illegally using thousands of […]
JPMorgan Chase has unveiled its own version of OpenAI’s ChatGPT, which the Wall Street giant says can do the work of a research analyst, the Financial Times (FT) reported on Friday. The new generative AI chatbot, dubbed LLM Suite, was […]
After months of anticipation, OpenAI has officially launched SearchGPT, an AI-driven search engine with real-time internet access. In an announcement on Thursday, OpenAI revealed that SearchGPT is being selectively rolled out to a limited group of users and publishers for […]
Ola Electric, a SoftBank-backed electric scooter startup, has suspended its electric car launch in India to focus on its e-scooter business to focus on its thriving e-scooter business, according to Reuters, citing sources close to the matter. The move comes […]
DeepL, the German AI translation startup, and Google Translate competitor, on Wednesday launched traditional Chinese as a new language option, signaling its ambition to deepen its presence in the Asian market. The launch follows closely on the heels of DeepL’s […]
OpenAI is one of the fastest-growing companies in history. The startup went from the public launch of its ChatGPT in November 2022 to a $29 billion valuation in January 2023. However, the excitement around OpenAI is now overshadowed by concerns […]
Healthtech startup SoundHealth has raised a $7 million seed funding round led by Moai Capital and J4 Ventures, with participation from additional investors including TeleSoft Partners, Tau Ventures, TechU Ventures, and Rhythm Venture Capital. This financing round also comes with […]