General Motors is reorganizing where it manufactures its vehicles, shifting production away from China and Mexico to a United States factory in Kansas. This change will also bring an end to the rebooted Chevrolet Bolt EV, which is currently the…
Vimeo is laying off staff across its global operations. This news follows the video platform’s recent acquisition by the Italian technology conglomerate Bending Spoons. The purchase, completed last year, was an all-cash deal valued at one point three eight billion…
OpenAI has reorganized its leadership and selected a familiar figure to head its push into selling AI to business customers. The company aims to catch up to its rivals in 2026. The company appointed Barret Zoph to lead its efforts…
Nearly two years ago, Microsoft CEO Satya Nadella predicted that AI would soon replace knowledge work—the white-collar jobs held by lawyers, investment bankers, librarians, accountants, IT professionals, and others. Despite the significant progress made by foundation models, this transformation in…
There is a feeling of schadenfreude in Silicon Valley when a unicorn stumbles. So when the Wall Street Journal broke the news Thursday afternoon that Capital One will acquire Brex for $5.15 billion in cash and stock, you could practically…
General Motors is reorganizing where it manufactures its vehicles, shifting production away from China and Mexico to a United States factory in Kansas. This move will also bring an end to the revived Chevrolet Bolt EV, which is currently the…
An ongoing Microsoft outage is preventing enterprise customers from accessing their email inboxes, files, meetings, and other Microsoft cloud services. The technology giant stated around 2:30 p.m. ET that the outage was caused by a portion of service infrastructure in…
Nearly two years ago, Microsoft CEO Satya Nadella predicted that AI would replace knowledge work, the white-collar jobs held by lawyers, investment bankers, librarians, accountants, IT professionals, and others. Despite the enormous progress made by foundation models, this transformation in…
The creators of the open source project vLLM have announced that they transitioned the popular tool into a VC-backed startup, Inferact, raising 150 million dollars in seed funding at an 800 million dollar valuation. The funding round was co-led by…
LiveKit, a developer of infrastructure software for real-time AI voice and video applications, has announced the raise of one hundred million dollars in funding at a one billion dollar valuation. This round was led by Index Ventures and included participation…
