All articles by Shivam Mishra
Shivam Mishra
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.
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AST SpaceMobile secures $155m investment
The company will use the proceeds to accelerate the commercial launch of its space-based communication technology.
OpenAI CEO seeks to build network of AI chip plants
Sam Altman’s push for immediate action is driven by the anticipation of a chip supply crunch by the decade’s end.
Google to set up new UK data centre with $1bn investment
In addition to the investment, Google is also preparing for additional job cuts.
IBM to acquire application modernisation capabilities from Advanced
This move is expected to enhance IBM Consulting’s mainframe application and data modernisation services.
Foxconn and HCL Group team for new chip packaging venture in India
The new alliance comes after Foxconn’s withdrawal from a previous joint venture with India’s Vedanta Group.