All articles by Shivam Mishra
Shivam Mishra
Anduril secures $1.5bn funding at $14bn valuation
Anduril is developing Arsenal, a software-defined manufacturing platform optimised for mass production
LG Innotek expands digital twin partnership with Ansys
This move aims to enhance the efficiency of manufacturing electric components and is expected to have a significant impact on various product lines.
Tech Mahindra joins Horizon3.ai for AI-based cybersecurity
This collaboration aims to integrate Horizon3.ai’s NodeZero platform with Tech Mahindra’s cybersecurity services to deliver advanced threat detection and compliance insights.
Hyundai exploring partnership with Google for connected car tech
The collaboration aims to advance Hyundai’s future mobility solutions, including autonomous driving, unmanned aerial vehicles, and connected cars.
Apax to acquire technology consultancy Thoughtworks in $1.75bn deal
Thoughtworks, which went public in September 2021, has seen its stock value plummet by 87% since the beginning of 2022.
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Dell cuts jobs as part of sales team restructuring, creates AI-focused unit
The move aligns with the company’s strategy to adapt to technological changes and growing investor interest in AI.
Tencent joins $300m financing round for Chinese AI startup Moonshot
The funding round was also joined by Gaorong Capital and existing investor Alibaba.
Berkshire Hathaway slashes Apple stake by nearly 50% in major Q2 sell-off
The company’s decision to cut its Apple investment comes despite Warren Buffett’s previous praise for the technology giant and its business model.
Contextual AI raise $80m to advance AI model enhancement tools
The company will use new capital to scale operations, speed up its go-to-market strategy, and meet rising enterprise demand.
Intel plans to cut 15% jobs as part of $10bn cost-saving initiative
The job cuts will impact around 17,500 employees, with most reductions expected by the end of 2024.