Source: Salesforce plans to lay off ~700 employees, or ~1% of its staff, after cutting 10% of its workforce in January 2023; the company has 1,000 open jobs — The layoffs, which will affect around 1% of its workforce, follow a 10% reduction last year — Salesforce is laying off around …
Ola Group CEO Bhavish Aggarwal's Krutrim, which is building a multilingual LLM, raised a $50M “first round” led by Matrix Partners India at a $1B valuation — Krutrim, an AI startup founded by Ola founder Bhavish Aggarwal, said it has raised a funding round that values it at $1 billion.
Sources: Elon Musk's xAI is in talks to raise up to $6B from family offices in the Hong Kong and sovereign wealth funds in the Middle East at a $20B valuation — Tesla chief targets $20bn valuation in bid to take on OpenAI — Elon Musk's xAI is in talks to raise up to $6bn …
Indian cricket NFT startup Rario plans to close on January 29 and relaunch in March 2024, leaving users with losses; Rario raised a $120M Series A in April 2022 — Dream Sports-backed Rario in an X post on Tuesday night said it will shut its current product effective January 29 and relaunch …
Microsoft launches Mesh, its immersive 3D meeting platform in Teams, out of preview, with custom environments, games, and more; Mesh only supports Meta Quest — Microsoft is launching its immersive 3D meetings inside Microsoft Teams today. Microsoft Mesh, the company's mixed reality platform …
How the rising prices of streaming services are driving a new era of US pirate sites, bringing ~$2B per year in ads and subscriptions with a 90% profit margin — Illegal subscription services that steal films or TV shows bring in $2 billion a year in ads and subscriber fees.
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
