Two sources familiar with the matter earlier told Reuters that more than 700 jobs were slashed in Malaysia. TikTok later clarified that less than 500 employees in the country were affected. The employees, most of whom were involved in the firm’s content-moderation operations, were informed of their dismissal by email late on Wednesday, according to … Read more
Bret Taylor, co-CEO of Salesforce, speaks at the Viva Technology Conference in Paris on June 15, 2022. Nathan Laine | Bloomberg | Getty Images Bret Taylor, board chairman of OpenAI, joined CNBC’s “Squawk on the Street” on Thursday to discuss his artificial intelligence startup Sierra. Taylor co-founded Sierra in March 2023. The startup aims to … Read more
Alibaba Cloud, the digital technology backbone of the e-commerce giant, on Friday announced that collaboration, as it unveiled a large multimodal model (LMM) solution for automotive applications that it co-developed with Nvidia and start-up Banma Network Technology, Alibaba’s intelligent cockpit solution provider, at the Apsara Conference that runs until Saturday. Alibaba owns the South China … Read more
Tesla displays Optimus next to two of its vehicles at the World Robot Conference in Beijing on Aug. 22, 2024. CNBC | Evelyn BEIJING — While Chinese companies last week showed off humanlike robots playing the zither or grabbing sodas, Tesla displayed its Optimus humanoid inside a clear box, motionless next to its cars. Elon … Read more
WeRide – a Cayman Islands holding company whose operations are mainly conducted by Guangzhou Wenyuan Zhixing Technology and its subsidiaries in mainland China – did not provide the amount of money it aims to raise from the Nasdaq listing, according to its filing with the US Securities and Exchange Commission on Friday. The company, which … Read more
Last Updated: July 11, 2024, 18:25 IST Launch your online business with them, with no restrictions on the quantity of goods to sell. (Image for representation: Reuters) We bring you details about a business venture that can be launched with just Rs 10,000, offering the potential to gain international acclaim for your product. In today’s … Read more
French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Chesnot | Getty Images Entertainment | Getty Images Most of the top-funded generative artificial intelligence companies in Europe were founded by entrepreneurs with experience at U.S. … Read more
China’s first triple-A video game, Black Myth: Wukong, has emerged as a big hit more than two months before its official release, as initial domestic pre-orders were about 16 times oversubscribed as of Tuesday. An action role-playing game based on the classic Chinese novel Journey to the West published in the 16th century, Black Myth: … Read more
On the occasion of World Menstrual Hygiene Day, MildCares, a start-up incubated by the Startup Incubation and Innovation Centre (SIIC), IIT Kanpur, distributed their GynoCup Menstrual Cups in Aminabad Urf Baragoan village. According to a press release by IIT Kanpur, the initiative transitioned the village’s women to menstrual cups, paving the way for its official … Read more
As the electric vehicle industry faces a string of high-profile failures, several startups that have surfaced in recent years have underestimated their capital needs by billions of dollars, industry insiders said. Many of the companies that have tried to bring products to market or go public, especially through Special Purpose Acquisition Companies, or SPACs, are … Read more
