All articles by BV Swagath
BV Swagath
Intel plans deep job cuts to streamline operations
The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan’s economically-driven investment strategy.
Reka receives $110m investment
The new funding will be used to expedite Reka’s technical development and extend the reach of its solutions.
Alibaba introduces advanced AI coding model Qwen3-Coder
Qwen3-Coder is designed for tasks such as code generation and handling complex coding workflows.
Amazon to acquire AI wristband developer Bee
Bee’s wearable uses AI to convert conversations into transcriptions and produce summaries, to-do lists, among other tasks.
OpenAI to expand UK presence with new government partnership
The ChatGPT developer signed a MoU with the UK government to expand AI security research and invest in infrastructure.
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CSM and Kirkland & Ellis lead H1 2025 tech M&A legal advisers
Cravath Swaine & Moore participated in seven transactions over $1bn, including a major deal exceeding $30bn.
Blackstone exits consortium bid for TikTok’s US operations
The consortium planned to acquire 80% of TikTok’s US operations, leaving ByteDance with a minority share.
Russia indicates possible ban on WhatsApp
Putin is pushing for a state-backed messaging app that aims to integrate with government services and reduce reliance on foreign platforms.
Q.ANT receives €62m to advance photonic AI processors
The company is creating new solutions to replace traditional transistor systems with its Light Empowered Native Arithmetics technology.
Scale AI reduces workforce following Meta investment
The company is laying off 200 employees, 14% of its workforce, and ending contracts with 500 global contractors.