Intel Slashes Workforce Amidst AI Struggle and Revenue Decline
Intel lays off 15,000 employees. AI boom eludes chip giant. Cost-cutting measures…
PepsiCo’s Tech-Powered Supply Chain Revolution
PepsiCo revamps supply chain with AI and robotics. Smart farming optimizes crop…
Peak Energy Charges Up with $55M Series A Boost
Peak Energy secures $55M for sodium-ion battery production. The startup aims to…
Homegrown Ergonomic Brands Acquired for $8.8M in Meteoric Rise
Singapore-based ErgoTune and EverDesk achieve meteoric success in just four years. Pandemic…
South Korea Plans $470 Billion Investment to Lead Global Chipmaking
South Korea unveiled a sweeping $470 billion plan for global semiconductor leadership.…
Xerox Announces Major Restructuring Including Thousands of Layoffs
Over the next three months, Xerox announced plans to cut its global…
Swap Energy Secures $22 Million in Funding to Power Indonesia’s Electric Vehicle Growth
Indonesian electric vehicle battery swap startup Swap Energy raised $22 million to…
Foxconn Pledges $1.5 Billion to Surge India Manufacturing Operations
Foxconn, the Taiwanese electronics manufacturing titan and major Apple partner, announced plans…
Chinese AR Leader Rokid Reaches Unicorn Status After $112M Funding
Startup plans global expansion leveraging technologies for metaverse • Chinese AR startup…
Lawmakers Call for SEC Probe of Musk’s Neuralink Claims
Lawmakers allege Musk misled on Neuralink monkey deaths. They urge SEC to…
