Category: Industry News

Automattic, the parent company of WordPress.com, Tumblr, and WooCommerce, has announced a workforce reduction affecting 16% of its employees, totaling over 270 layoffs. The decision…

TikTok, owned by ByteDance, faces ongoing scrutiny in the U.S. over data privacy and potential Chinese government access. Recently, the app experienced a brief outage,…

Epic Games has acquired Loci, an AI platform that automates the tagging of 3D assets, aiming to streamline the labor-intensive tagging process and help identify…

Amazon has reportedly made a bid to acquire TikTok amid pressure for the app to divest from Chinese ownership by an April 5 deadline, or…

Redwood Materials is expanding in the lithium-ion battery recycling sector, partnering with giants like Toyota and GM, and constructing a new facility in South Carolina…

On Wednesday, Google DeepMind published a detailed paper on its safety strategies for Artificial General Intelligence (AGI), predicting its arrival by 2030. The 145-page report,…

During the COVID-19 pandemic, mortgage rates fell to historic lows but rose to nearly 8% by 2023. The average 30-year fixed mortgage APR is now…

On Wednesday, Anthropic launched its Claude for Education tier to compete with OpenAI’s ChatGPT Edu plan, targeting higher education. Key features include “Learning Mode,” which…

Numerous startups are competing in the AI sales tools market, advertising solutions to replace human sales efforts. Actively AI, founded in 2022, aims to differentiate…

Parasail, a new startup founded by Tim Harris and Mike Henry, aims to transform AI infrastructure by offering decentralized, on-demand access to GPUs for businesses.…