Here are some of the latest headlines in the Boston tech scene: Pink slips —We start this week’s roundup with some bad news: layoffs. Bedford, MA-based Progress Software (NASDAQ: PRGS) recently announced it would let 450 employees go, which is more than 20 percent of the company’s workforce. The move is part of a restructuring […]
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Industry News & Articles
- New leaders, new fund: Sequoia has raised $7B to expand its AI bets
- Factory hits $1.5B valuation to build AI coding for enterprises
- Luma launches AI-powered production studio with faith-focused Wonder Project
- Netflix co-founder and chair Reed Hastings to leave board
- Upscale AI in talks to raise at $2B valuation, says report
- Physical Intelligence, a hot robotics startup, says its new robot brain can figure out tasks it was never taught
- From the Startup Battlefield stage to the International Space Station: geCKo Materials built a sticky product
- Slash, a Ramp competitor founded by teenagers, raises $100M at $1.4B valuation
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