Keywords: Tech industry
Canadian artificial intelligence company Cohere has announced plans to acquire German AI firm Aleph Alpha, marking a significant development in the rapidly evolving global AI sector. The deal highlights ongoing consolidation in the artificial intelligence industry, where companies are seeking to expand......
Google is reportedly in discussions with Marvell Technology to develop new semiconductor chips designed to improve the efficiency of artificial intelligence systems, according to recent media reports citing sources familiar with the matter. The potential collaboration focuses on creating chips optimized......
Snap Inc, the parent company of Snapchat, has announced plans to reduce its global workforce by approximately 16%, according to reports released on Wednesday. The decision comes as the company faces increasing pressure from investors and a more competitive digital advertising market. The move follows......
More than a decade after its first failed attempt in the smartphone market, Amazon is reportedly preparing a return with a new artificial intelligence-powered device designed to integrate its ecosystem of services. The project, still under development, is expected to center on advanced AI features and......
U.S. technology companies are urging foreign employees to avoid international travel as new consular procedures cause widespread visa delays. The warning follows updates to the State Department’s security vetting system, which now requires applicants under visa categories such as H-1B and H-4 to......
Chinese alloy manufacturer Boway has unveiled plans to construct a state-of-the-art production facility in Nador, Morocco, marking a major step in the company’s global expansion strategy. Headquartered in Zhejiang, China, Boway specializes in producing alloy materials such as copper, brass, bronze,......
Amazon has announced the elimination of 14,000 corporate roles, a decision CEO Andy Jassy attributes to cultural restructuring rather than financial pressures or artificial intelligence (AI). Speaking during the company’s earnings call on October 30, Jassy emphasized that the move was not driven......
In the rapidly evolving landscape of generative artificial intelligence (AI), China’s tech giant Huawei is making strategic moves to position itself as a key player in the semiconductor industry. With U.S. restrictions limiting access to advanced AI chips, Huawei has crafted an ambitious plan to......
The debate surrounding H-1B visas, which allow U.S. companies to employ foreign skilled workers, has found a surprising convergence between President-elect Donald Trump and billionaire tech CEO Elon Musk. Both have expressed strong support for the program, despite opposition from certain political factions. On......
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