As tech companies pursue supremacy in generative artificial intelligence (AI), a related battle is now heating up: the battle to be the hardware leader. Dominating this physical aspect of computing will cement any company as a crucial cog as the world looks to novel and at-scale AI technologies. Tech companies are building chips not just … Read more
After a major firing spree throughout 2023 in major global tech companies, situation continues to remain bleak for employees across all major departments as over 30,000 tech employees have been laid off in January 2024. Over 30,000 laid off in tech companies in January 2024(Freepik) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} According to data collated by Layoffs.fyi, … Read more
New Delhi,UPDATED: Jan 12, 2024 09:04 IST Popular social messaging platform Discord has announced its biggest layoff, removing 17 percent of its workforce as part of strategic planning. The company’s announcement of layoffs follows the recent announcements of job cuts by big tech giants including Google, Amazon, Meta, and others. Discord CEO Jason Citron, in … Read more
Besides diluted promoter involvement, lack of ‘real’ profit and management solidity has deterred him from investing in new age companies, says Bharat Shah Lack of promoter ‘skin in the game’ in new age companies does not inspire confidence to invest in new age companies, said veteran investor and executive director of ASK Investment Managers, Bharat … Read more