Industry News
Tech resilience, breakout startups, and banking reinvented: The big conversations at StrictlyVC London in May
StrictlyVC is heading to London on May 13, uniting top investors and entrepreneurs to spark meaningful connections and drive forward innovation. We’re thrilled to welcome industry leaders like Nazo Moosa, general partner at Paladin Capital Group; Sonal…
Noxtua raises $92M for its sovereign AI tuned for the German legal system
Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raise…
Intel reportedly plans to lay off over 21,000 employees
Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report. The news comes ahead of Intel’s Q1 earnings call helmed by recently appointed CEO Lip-Bu Tan, who repla…
Meta’s Oversight Board seeks details on the company’s new hate speech policies
Meta’s Oversight Board, the independent group created to help Meta with content moderation decisions, on Tuesday issued its response to the social media company’s new hate speech policies announced in January. The Board says that Meta’…
StrictlyVC heads to Athens for in-depth conversations on European innovation and investment
StrictlyVC is turning up the heat in 2025 — and we’re going international! First stop: Athens, May 8. Get ready for sharp, unfiltered conversations onstage — and your chance to jump into the dialogue. This isn’t just an event; it’s a forum where every …
xAI’s Grok chatbot can now ‘see’ the world around it
xAI’s Grok chatbot can now answer questions about what’s in view of your smartphone’s camera, similar to real-time vision features available for Google’s Gemini and ChatGPT. On Tuesday, xAI announced the launch of Grok Vision, w…
ChatGPT’s responses will now include Washington Post articles
OpenAI and The Washington Post just announced a new content partnership that will see ChatGPT summarize and link to the Post’s original reporting in its answers. This is OpenAI’s latest media partnership, with the AI giant inking deals with over 20 new…
Elon Musk says he may keep doing DOGE work for ‘the remainder’ of Trump’s term
Tesla CEO Elon Musk says he may keep doing work with the Department of Government Efficiency through the remainder of President Donald Trump’s second term, amid calls for him to step away from politics. Musk said he plans to reduce his role with …
Tesla profits drop 71% on weak sales and anti-Elon Musk sentiment
Tesla’s flailing sales figures have put the company closer to the red than it has been in years, according to financial results released Tuesday, threatening one of its biggest advantages over other EV players. The electric automaker reported $409 mill…