AI bet goes awry: Oracle fires 21,000 employees
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Nina Raemont/ZDNET Follow ZDNET: Add us as a preferred source on Google. On Wednesday at Samsung Unpacked in London, the tech giant unveiled its latest flip phone, the Galaxy Z Flip 8 — which it says is the lightest and thinnest flip phone on the market. If you’re interested in getting a deal on the…
The researchers aim for a future in which winged robots could used for research in aquatic regions often deemed too dangerous for traditional ocean vessels. Researchers from MIT have developed a robot with the ability to plunge underwater then emerge and continue flying through the air, much like how a bird dives and flies. Inspired…
One quick thing: Cognizant’s mega deal win, and redemption. In today’s newsletter: The startup QIP gold rush How an IT icon is funding manufacturing India’s deeptech dilemma: Bullish VCs, few big cheques P.S.: Tune into Tech3 Podcast, your daily dose of tech and startup insights. Monday to Friday! Check it out on Spotify or Apple…
Lately, four Israeli venture capital funds — Grove Ventures, lool Ventures, IL Ventures and Shoni Health Ventures — visited Mexico City to engage with Mexican investors and showcase the strength of Israel’s innovation ecosystem. The delegation reflected a growing effort to strengthen investment ties between Israel and Mexico by providing Mexican investors with direct access…
Cambridge-based AI firm CuspAI has raised £335 million in funding in Series B round, with investment from Amazon founder Jeff Bezos and the UK’s sovereign AI fund. The business, only two-years-old, is now valued at $2.6bn and aims to be the “search engine for rare materials.” The funding round was led by Kleiner Perkins and…
ChatGPT maker OpenAI has taken responsibility for a hack on open-source AI platform Hugging Face after an AI agent went rogue during internal testing. Last week, Hugging Face detected an “intrusion” into part of its production infrastructure that was driven “end to end” by an autonomous AI agent system. While Hugging Face staff were working…