AWS CEO Matt Garman is pushing Amazon to strengthen its cloud leadership through AI advancements, emphasizing infrastructure upgrades and workforce adjustments. Amazon has allocated $50 billion for U.S. government...
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Redwood Materials, a battery recycler and cathode producer, is reportedly reducing its workforce by 5% following a $350 million funding round. The Nevada-based company employs around 1,200 people, impacting...
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Luminar, a lidar sensor company, faces escalating tensions with its major client Volvo after the automaker canceled a five-year-old contract. The dispute comes as Luminar struggles with financial instability,...
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A cybersecurity company named Deepwatch has recently laid off several employees, citing the need to focus on AI development. The CEO of the company mentioned that the decision was...
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