All articles by Shivam Mishra
Shivam Mishra
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.
Nissan and Honda partner to research next-gen SDV technologies
The two companies believe that the software sector will shape the future value of vehicles.
Luminar Technologies acquires G&H’s unit to grow semiconductor business
This strategic move is part of the company’s effort to extend its reach from the automotive industry into the aerospace and defence sectors.
Intel to lay off thousands to slash costs and fund technology rebound effort
The job cuts, which could be announced imminently, are a response to recent earnings slumps and market share losses.
Cybersecurity company Tenable reportedly exploring potential sale
The Maryland-based company, known for its exposure management solutions, is currently valued at approximately $5.6bn.
Apple used Google’s tensor chips to train AI models
The move contrasts with the industry’s heavy reliance on Nvidia’s GPUs for AI development.