Monday.com Lays Off Hundreds to Double Down on AI
Monday.com is cutting 20% of its workforce, about 630 employees, to streamline operations and focus on its AI Work Platform.
Tech Companies
News and updates about major technology companies and startups.
Articles in this category
HP Inc. Expands OpenAI Frontier Partnership to Transform Enterprise AI
HP Inc. scales its strategic partnership with OpenAI, deploying AI across customer experiences, software development, and enterprise operations.
Google Justifies Massive AI Spending with Booming Cloud Business
Google's cloud division is thriving as enterprises adopt its AI infrastructure, driving record profits and justifying heavy AI investments.
IBM CEO Blames AI for Mainframe Sales Slump, Insures Comeback
IBM's stock took a hit after a weak mainframe sales quarter, but the CEO attributes the dip to AI investments temporarily diverting corporate hardware budgets.
SoundCloud Acquires Decentralized Music Platform Nina Protocol After Shutdown
SoundCloud has acquired Nina Protocol, a decentralized music platform that shut down months ago, bringing its artists and discovery tools to the mainstream service.
Tesla's Spending Surges as Cybercab, Semi, and Megapack Face Delays
Tesla's 26% revenue increase fails to offset rising costs as production timelines for key products slip.
Passionfroot Secures $15M Series A to Bring B2B Creator Marketplace to the US
German startup Passionfroot raises $15 million to expand its B2B creator marketplace into the US market.
Cascade Raises $3.5M to Help Construction Firms Find and Win Projects
Cascade, a startup backed by A16z Speedrun, Ada Ventures, and Snowball VC, has raised $3.5 million in seed funding to help construction companies discover and secure new projects more efficiently.
Dimension Capital Raises $800M Third Fund as Science and Compute Converge
Dimension Capital's new $800 million fund, 60% larger than its previous one, underscores the booming intersection of scientific research and computing power.
What to Know About the Landmark Warner Bros. Discovery Sale
Paramount's planned acquisition of Warner Bros. Discovery, valued at $111 billion, marks a historic Hollywood megadeal that is reshaping the entertainment landscape.