GitLab is cutting jobs to invest in AI agents. The company announced on Monday that it will flatten management layers, reorganise its research and development teams into roughly 60 smaller autonomous units, reduce its country footprint by approximate…
Wise began trading on Nasdaq on Monday under the ticker WSE. Shares opened at 15.96 dollars. The London-founded fintech, which went public on the London Stock Exchange in July 2021 via a direct listing that valued it at 11 billion dollars, has moved …
ZoomInfo beat its first-quarter earnings estimates, cut its full-year revenue guidance by 62 million dollars, announced a restructuring that will eliminate 600 jobs, and lost 29 per cent of its stock price in a single trading session. The company rep…
The geothermal developer increased its share count by 26% and its top-of-range price by about 8% in an SEC filing on Monday. The revision points to the demand for clean baseload power that AI data-centre buyers have been ready to pay for. Fervo Energy …
At about ten in the morning on Wednesday, in the courtyard of Daeungjeon Hall at Jogyesa, a 130-centimetre humanoid in brown robes pressed its palms together and bowed. A monk asked the figure whether it would devote itself to the holy Buddha. The repl…
New AutoMotive’s data tracker, reported by Reuters on Sunday, marks the threshold and puts the question to industrial policy: how much of the headline number will end up producing cells at scale, given that roughly 600 GWh of announced European battery…
BNP Paribas, Deutsche Bank and JPMorgan have the mandate. Maturities run from three years to 25 years. The trade follows Alphabet’s record Swiss issuance in February and Amazon’s $37bn dollar deal in March, and is the latest demonstration that hypersca…
Innovation Industries leads the Series A. imec.xpand, Invest-NL Deep Tech Fund, QBIC, HTGF, and BOM return. Total funding now stands at €55m. The money funds in-house chip design and a push toward volume sensors built on the company’s NCOS color-splitt…
NVIDIA’s CEO delivered the keynote at CMU’s 128th commencement on Sunday and received an honorary doctorate. The address framed AI as a reindustrialisation moment for the US, and pressed both engineers and policymakers to advance capability and safety …
Bek Ventures, Laton Ventures, and angel investor Mert Gür are back. Total funding for the two-year-old studio reaches $103m. The round arrives weeks after Scopely’s $1bn buyout of Loom Games and CVC’s $5bn deal for Dream Games. Grand Games Oyun ve Yazı…