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…
Agricultural Drone Firm Avirtech Enmeshed in Post-Acquisition Disputes
Agricultural drone firm Avirtech faces disputes after its acquisition by Terra Drone.…
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…
