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Granth Vanaik / Reuters: Wayfair plans to lay off 1,650 employees, or 13% of its staff, which it says will result in $280M+ in annual savings; Wayfair cut 1,750 jobs in 2023 — Online furniture retailer Wayfair (W.N) said on Friday it would lay off about 1,650 employees, or 13% of its global workforce, as it looks to trim costs.
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Annie Palmer / CNBC: Humanoid robot maker Figure AI confirms it has raised $675M at a $2.6B valuation and shows off a general-purpose robot called Figure 01 — - Figure AI raised $675 million from investors including Jeff Bezos, Nvidia, Amazon, Micros...
Consumer Reports: Researchers find serious security flaws in cheap video door bells sold by a Chinese company under various brands names on Amazon, Shein, and other sites — The devices are also sold by Walmart, Sears, and other retailers—and big plat...
Explore the leap from Large Language Models to Large Action Models, unveiling a new era in AI that transcends text to understand a world of data. Read Full Article
Accounting firm veteran and current Chief Accounting Officer Hitesh Lath named CFO; Juho Parkkinen transitions to VP of Finance C3 AI (NYSE: AI), the Enterprise AI application software company, today announced the appointment of Hitesh Lath as Chief ...
Frank Slootman remains Chairman of the Board Snowflake (NYSE: SNOW), the Data Cloud company, announced today that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and memb...
