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Intel reportedly plans to lay off over 21,000 employees

Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report.  The news comes ahead of Intel’s Q1 earnings call helmed by recently appointed CEO Lip-Bu Tan, who replaced longtime chief Pat Gelsinger last year.  With the layoffs, Tan aims to...

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Tech resilience, breakout startups, and banking reinvented: The big conversations at StrictlyVC London in May

StrictlyVC is heading to London on May 13, uniting top investors and entrepreneurs to spark meaningful connections and drive forward innovation. We’re thrilled to welcome industry leaders like Nazo Moosa, general partner at Paladin Capital Group; Sonali De Rycker, partner at Accel; and TS Anil, CEO of Monzo Bank, to the stage. Paladin is proud...

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Meta’s Oversight Board seeks details on the company’s new hate speech policies

Meta’s Oversight Board, the independent group created to help Meta with content moderation decisions, on Tuesday issued its response to the social media company’s new hate speech policies announced in January. The Board says that Meta’s new policies were “announced hastily, in a departure from regular procedure,” and called on the company to provide more...

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Flipkart to relocate HQ to India ahead of IPO

Flipkart, the Walmart-owned Indian e-commerce startup that closely fights Amazon in the South Asian market, is preparing to shift its headquarters back to India from Singapore as the company prepares to file for an IPO on Indian stock exchanges. On Monday, Flipkart said the move “represents a natural evolution, aligning our holding structure with our...

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Tomorrow: Join Ali Ghodsi and Dario Amodei for a fireside chat

Join this free virtual event, featuring Ali Ghodsi, the trailblazing co-founder and CEO of Databricks, alongside Dario Amodei, the pioneering co-founder and CEO of Anthropic. Uncover how their revolutionary collaboration is poised to fast-track the advancement of domain-specific AI agents. Not only will you experience an engaging exchange between the visionary leaders of two AI...

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ChatGPT search is growing quickly in Europe, OpenAI data suggests

ChatGPT search, OpenAI’s feature within ChatGPT that allows the chatbot to access and incorporate up-to-date information from the web into its responses, is growing at a fast clip in Europe. A report filed by one of OpenAI’s EU corporate divisions, OpenAI Ireland Limited, reveals ChatGPT search had roughly 41.3 million average monthly active “recipients” for...