August 9, 2024news Sources: Cisco plans a second round of layoffs this year, affecting as many or slightly more than the 4,000 laid off in February Read More »
August 9, 2024news Intel delays its Innovation event, slated for September and expected to include details about new CPUs, until 2025, citing its financial results and H2 outlook Read More »
August 9, 2024news The Irish Data Protection Commission says X has agreed to pause training Grok using millions of Europeans’ public posts it collected between May 7 and August 1 Read More »
August 9, 2024news A look at the US’ Chips and Science Act two years after its enactment on August 9, 2022, as the Biden administration nearly finishes divvying up $39B in grants Read More »
August 8, 2024news Sources: Japanese cybersecurity company Trend Micro, which has a market value of about $6.5B, is exploring a sale after attracting buyout interest Read More »
August 8, 2024news SoundHound acquires Amelia, which makes an AI agent that businesses can customize for internal or customer use, for $80M; PitchBook: Amelia raised $189M+ Read More »
August 8, 2024news SoundHound acquires Amelia, which makes an AI agent that businesses can customize for internal or customer use, for $80M; PitchBook: Amelia raised $189M+ Read More »
August 8, 2024news Flyr, which provides software to travel companies, raised $225M in equity and $70M in debt, source says at a $900M valuation, bringing its total raised to $500M Read More »
August 8, 2024news Hugging Face buys XetHub, a collaboration platform started by ex-Apple employees that raised $7.5M to help developers work with and build large-scale models Read More »
August 8, 2024news China’s SMIC reports Q2 revenue up 21.8% YoY to ~$1.9B, above est., net profit down 59.1% YoY to ~$164.6M, above ~$103.8M est., and $2.25B capital expenditure Read More »
