Alphabet-owned Google is laying off hundreds of employees in its advertising sales team, Business Insider reported on Tuesday, citing an internal memo.
Electric vehicles were already considered expensive and hard to repair. Now their image could take another hit as rental giant Hertz dumps 20,000 of them, including Teslas , for gas-powered cars.
Honeywell International said on Tuesday its quantum computing company, Quantinuum, was valued at $5 billion after a $300 million equity funding round, anchored by JPMorgan Chase .
The U.S. Supreme Court on Tuesday declined to hear a challenge by Apple to a lower court’s decision requiring changes to certain rules in its lucrative App Store, as the justices shunned the lengthy legal battle between the iPhone maker and Epic Games, maker of the popular video game “Fortnite.”
Sakana AI, a Tokyo-based artificial intelligence startup founded by two prominent former Google researchers, said on Tuesday it had raised $30 million in a seed financing round led by Lux Capital, with participation from Khosla Ventures.
Artificial intelligence lab OpenAI is forming a new team to create democratic processes to shape how its AI software should be governed to address bias and other factors, the Microsoft-backed company said in a blog post on Tuesday.
Chip design software maker Synopsys said on Tuesday it would buy Ansys in a $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from airplanes to tennis rackets of players like Novak Djokovic.
Chinese electric vehicle (EV) giant BYD on Tuesday launched its Xuanji smart car system, seeking to catch up with rivals with functions such as automated parking and voice recognition.
Data-center services provider Applied Digital on Tuesday missed Wall Street estimates for second-quarter revenue on cautious spending by businesses, sending its shares tumbling more than 16% in premarket trading.
Chip design software maker Synopsys said on Tuesday it would buy Ansys in an about $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from airplanes to tennis rackets of players like Novak Djokovic.
