Dropbox slashes 528 jobs—company bets big on AI as cloud storage future shifts
In a sweeping change aimed at reshaping its operational focus, Dropbox has announced that it will lay off 20% of its workforce, impacting 528 employees ... Read More
Molecular Instruments and Visiopharm team up for AI-powered RNA-ISH evolution
In a significant leap for molecular pathology, Molecular Instruments and Visiopharm have announced an ambitious partnership, integrating artificial intelligence (AI) into RNA In Situ Hybridization ... Read More
Shocking: Freshworks lays off 660 employees to focus on AI and customer experience
Freshworks Inc., a prominent name in customer engagement software, has announced the layoff of 660 employees, equivalent to 13% of its global workforce. The drastic ... Read More
Wealth managers ramp up AI spending: Budgets to surge over 100% in just 5 years, finds Wipro survey
Wealth management firms are bracing for a monumental shift as AI budgets are projected to more than double, according to a new Wipro survey. With ... Read More
TSMC stock explodes as AI chip demand propels record-breaking revenue surge in Q3 2024
Taiwan Semiconductor Manufacturing Company (TSMC) is experiencing a meteoric rise in its revenue and stock price, driven by unprecedented demand for artificial intelligence (AI) chips. ... Read More
Tata Group unveils ambitious semiconductor plan: Will this bold move make India a chip powerhouse?
Tata Group, one of India’s largest and most influential conglomerates, is set to revolutionize the country’s semiconductor industry with its ambitious plans to establish cutting-edge ... Read More
A $100bn AI bet? Microsoft, BlackRock’s game-changing move in tech
BlackRock, Microsoft, Global Infrastructure Partners (GIP), and MGX have unveiled the Global AI Infrastructure Investment Partnership (GAIIP), a strategic collaboration aimed at building the infrastructure ... Read More
Is Qualcomm pushing for Intel acquisition?
In what may become one of the largest acquisitions in the technology sector, Qualcomm is reportedly eyeing a full takeover of Intel. Qualcomm, a leader ... Read More
Microsoft shocks Wall Street with $60bn buyback and major AI plans – what’s next?
In a bold move that underscores its financial strength and commitment to shareholders, Microsoft Corporation has announced a massive new $60 billion share buyback program. ... Read More
Firstsource Solutions and Microsoft team up to drive digital transformation with powerful AI solutions
Firstsource Solutions Limited, a provider of business process services, has announced a strategic collaboration with Microsoft to offer advanced digital transformation services powered by artificial ... Read More