All articles by Shivam Mishra

L&T Technology Services axes 200 jobs to slash costs

The Indian IT company could undertake another round of layoffs in January 2024.

Carlyle to acquire majority stake in Germany’s GBTEC Software

GBTEC founder and CEO Gregor Greinke will continue to be the largest private shareholder of the company.

Signal: Broadcom completes $61bn acquisition of VMware

The deal closed after regulatory approval from the Chinese authorities came through earlier this week.

Adobe acquires Indian generative AI startup Rephrase.ai

Rephrase.ai offers platforms and tools to generate video from texts using generative artificial intelligence (AI).

TSMC plans third chip manufacturing plant in Japan

Israeli startup AI21 Labs extends Series C round to $208m

Intel Capital, Comcast Ventures, and Ahren Innovation Capital joined the extended funding round.

TSMC plans third chip manufacturing plant in Japan

Code-named TSMC Fab-23 Phase 3, the new factory could be built in the Kumamoto prefecture in southern Japan.

Augmented reality startup Rokid raises $112m at $1bn valuation

Rokid is backed by companies such as Temesak, NetDragon, IDG, Fosun, Haitong and Walden.

NVIDIA and SandboxAQ team up on AI simulation

SandboxAQ will use NVIDIA’s quantum platforms to simulate the quantum mechanics that underlie contemporary material science, chemistry, and biology.

Thoma Bravo to buy German software company EQS for $434m

The US-based private equity company will offer €40 ($43.43) per share in cash for all outstanding shares of EQS.