Finally, the day has arrived! The much-anticipated Apple Vision Pro headset is now available in the US, hitting the shelves after the preorders kicked off two weeks ago. It’s only 9 AM in New York and tech enthusiasts are already […]
The parent company of Facebook Meta Platforms plans to roll out a new iteration of its custom chip in its data centers this year, Reuters reported on Thursday, citing an internal document. This second-generation chip, part of Meta’s in-house silicon […]
Traditional drug discovery is a slow, cumbersome, and expensive process. It relies heavily on trial and error, where researchers and scientists sift through numerous molecules, testing them against specific targets, hoping to stumble upon one that delivers the desired therapeutic […]
Crypto startup Polygon Labs announced it plans to reduce its workforce by 60 positions, or about 19% of its global workforce. The decision comes as the company undergoes its second round of layoffs, amidst a tentative recovery in the digital […]
The Messenger, a digital news startup founded by media executive Jimmy Finkelstein, is shutting down in less than a year, marking a significant setback in the internet media landscape, Axios reported, citing insider information. The announcement follows recent reports hinting […]
The future of supersonic travel got a major boost today with Cadence Design Systems‘ announcement of a new artificial intelligence (AI) supercomputer specifically designed for jet design to simulate how air flows over jets and other gear as its competition […]
As OpenAI and Google continue to advance in developing artificial intelligence for conversational chatbots like ChatGPT, a new wave of startups is emerging to take the lead in the burgeoning realm of AI agents. In this space, these agents employ […]
The concept of risk management in the forex trading market is broad. Over the years, we’ve seen experts in the field introduce several ways it can be achieved, like using stop loss, leverage, and maximizing demo accounts. However, it surely […]
PayPal is laying off 2,500 employees, or about 7% of its workforce, amidst a surge in tech layoffs. The move by the payments giant reflects the broader impact of the global economic slowdown on fintech companies. The news comes exactly […]
In the world of venture capital, there’s a famous saying that goes, “Nothing ventured, nothing gained.” And this rings particularly true in recent times. According to reports from the Financial Times, venture capitalists (VCs) have amassed an astonishing $435 billion […]
Volkswagen announced on Wednesday that it’s in talks with various global tech firms to team up and innovate on new digital products and features using artificial intelligence (AI). To generate innovative product ideas and develop early-stage digital prototypes using artificial […]
Parcel delivery giant UPS announced on Tuesday that it plans to cut 12,000 jobs, representing approximately 2.5% of its global workforce. The company said the layoff is due to economic challenges and labor disputes that drove away some customers. UPS […]
German food delivery giant Delivery Hero on Monday ditched rival Deliveroo but now paying the price in market value. Shares of Delivery Hero took a nosedive to an all-time low on Tuesday following its decision to offload its minority stake […]
KKR & Co, a global buyout firm, and South Korea’s Taeyoung Group are planning to sell their joint venture Ecorbit in a deal that may value the environmental company at over $2 billion, Reuters reported, citing two individuals familiar with […]
Meta on Monday announced the release of its free code generation AI model and programming tool named Code Llama 70B. The new release is designed to generate and debug even larger programming strings compared to Meta’s previous offerings. Code Llama […]
Elon Musk’s brain-chip startup Neuralink just achieved a groundbreaking milestone by becoming the first company to successfully implant its device into a human brain. Musk shared the news on X, formerly known as Twitter, saying that the first human patient […]
Carcinotech, an Edinburgh-based startup Carcinotech specializing in 3D printed micro-tumors, has secured £4.2 million in funding to expand operations, intensify research and development efforts, and facilitate the company’s entry into the US market later this year. The round was led […]
Amazon and Roomba-maker iRobot have called off their $1.4 billion deal due to uncertainties surrounding regulatory approval, the two companies announced on Monday. Amazon withdrew from the agreement after iRobot said that the deal has “no path to regulatory approval […]
AI startup Anthropic has suffered a data breach, making it the latest in a series of companies to fall victim to data leak incidents. Unlike previous breaches caused by external hackers, this time the breach resulted from a human error. […]
Brex, a fintech startup known for offering corporate credit cards to startups, is facing some challenges. The news comes at a time when startups are struggling to raise funding due to the worsening global economic conditions and high interest rates. […]
