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Arm considers developing own chips; stock falls as outlook disappoints – The Economic Times

Chip structure supplier Arm Holdings is investing in creating its personal chips, CEO Rene Haas mentioned on Wednesday, marking a serious shift to...

OpenAI COO to spearhead global growth, partnerships in expanded role, Sam Altman says

OpenAI's chief working officer Brad Lightcap will oversee global expansion and company partnerships, CEO Sam Altman mentioned on Monday, because the Microsoft-backed startup...

Ola Electric said to cut over a thousand jobs to stem losses

Ola Electric Mobility Ltd. is shedding over a thousand workers and contract staff, individuals accustomed to the matter mentioned, as one among India’s...

SoftBank plans Vision Fund staff cuts of at least 20%

SoftBank Group Corp. is planning to chop at the very least 20% of staff at its loss-churning Vision Fund operation, following public pledges...

GlobalBees enters unicorn club with $110 million funding led by Premji Invest

Thrasio-style enterprise GlobalBees has raised over $110 million led by Premji Invest with participation from new investor, Steadview Capital and current traders, SoftBank,...

YouTube stars and broking apps lure pandemic-hit day traders in India

By Nupur Acharya, Ronojoy Mazumdar and Ishika Mookerjee In November, when India was within the midst of a pandemic lockdown, one of many nation’s...

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Samsung may supply screens for Apple’s first foldable iPhone: Report – The Economic Times

Samsung Display president Lee Chong has confirmed that manufacturing of the 8.6-generation OLED panels will start subsequent 12 months, and likewise revealed plans...