All articles by Shivam Mishra
Shivam Mishra
Zoom to lay off 2% of workforce to boost margins
The layoffs will not affect the company’s hiring plans for roles in AI, sales, product, and operations in 2024.
Chinese tech company raises $933m for low-orbit satellite constellation
Founded in 2018, Shanghai Spacecom Satellite Technology (SSST) aims to provide internet services through its satellite constellation.
Singtel forms AI partnership with NVIDIA
This collaboration will see the establishment of Singtel’s NVIDIA-powered AI Cloud.
Volkswagen launches new company to advance AI innovation
The AI Lab will focus on identifying and developing AI concepts with a goal of producing early prototypes and facilitating their deployment.
Kore.ai secures $150m for AI platform expansion
The company offers a no-code platform that enables businesses to enhance interactions and drive efficiency through AI.
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Robotics startup Figure AI in talks for funding from Microsoft, OpenAI
Microsoft is expected to contribute approximately $95m, while OpenAI is set to invest around $5m.
Elon Musk’s xAI looking to raise $6bn at $20bn valuation
The Tesla and X chief, however, publicly denied any fundraising activities.
Salesforce to lay off 700 staff in latest round of job cuts
This latest round of layoffs follows a 10% reduction in headcount last year.
Westcon-Comstor acquires Rebura to boost cloud services
Rebura, established in 2017, supports companies of all sizes in building and optimising their applications.
Tencent’s Riot Games unit to lay off 11% workforce
The layoffs at Riot Games come amidst a wave of job cuts across the technology industry.