In a memo, Satya Nadella addresses the “enigma” of layoffs while “Microsoft is thriving”, saying the transition into the AI era “might feel messy at times”
Satya Nadella, Chairman and CEO … Edwin Evans-Thirlwell / Rock, Paper, Shotgun : Dear Microsoft CEO Satya Nadella, please prove that an AI didn't write your insulting, vacuous blog about why you're la...
Sources: some at Apple think it is over two years behind the leaders in generative AI; a closer look at changes in Apple's HR and hardware engineering groups
note that Apple and carriers are hyping AI a lot their ads—even though the phased rollout and execution are underwhelming. 🍎🧠 Neil Cybart / @neilcybart : So much noise out there regarding Apple Intell...
McKinsey partners with Cohere to help enterprise clients adopt generative AI, after Deloitte partnered with Nvidia and Bain and Company teamed up with OpenAI
Krystal Hu / Reuters :
Sources: Elon Musk addressed Twitter employees for the first time since agreeing to buy the company in April, discussing potential layoffs, moderation, and more
here's why. Shalini Nagarajan / Blockworks : Elon Musk Teases Crypto Integration At His First Twitter All-Hands Abhishek Mishra / Fossbytes : Elon Musk's First Meeting With Twitter Employees Transcrip...
Grafana Labs, developer of the open source analytics and data visualization suite Grafana, raises $220M at $3B valuation, a tenfold increase from two years ago
- Sequoia and Coatue co-lead round for enterprise tech startup — Company's open-source software is used by JPMorgan, PayPal
Data analytics startup Amplitude raises $150M led by Sequoia Capital at a $4B valuation, up from $1B last year
- Company expects to go public, possibly via direct listing — $150 million in new financing led by Sequoia Capital — Data analytics startup Amplitude reached a valuation of $4 billion in a new fu...
Sources: Nintendo is increasing production of its Switch gaming console by another 20%, raising its goal to as much as 30M units for this fiscal year
- Supply chain has recovered, but demand maintains higher pace — Company's new goal for fiscal year close to 30 million units
Foxconn says it plans to split supply chain between the Chinese and US markets as trade ties fracture and declares that China's time as world's factory is over
- Hon Hai planning separate supply lines for the two big markets — Company's earnings outperformed expectations but warns on Q3
Sources: Facebook's Oculus division is developing a smaller, lighter Quest VR headset, but the device is facing potential delays due to COVID-19
- Timing of new mid-range device is being impacted by Covid-19 — Company's planned AR glasses also facing Covid-related delays
Sources: at virtual all-hands, Tim Cook reiterated Apple's strong financials when asked about job cuts, said he doesn't know when staff will return to offices
- Tim Cook: Apple to make ‘really significant’ R&D investments — Company's retail staff begin preparing for store re-openings