All articles by Shivam Mishra
Shivam Mishra
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.
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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.
UK’s Aveni secures £11m to advance AI in financial services sector
The company plans to use the funds to develop a financial services-specific large language model.
Apple delays launch of new artificial intelligence features
The delay of the AI features is to give Apple more time for bug fixes and ensure a smoother release.