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Accel Invests in Sarla Aviation to Launch Electric Air Taxis in India
Sarla Aviation, a Bengaluru-based startup, has secured $10 million in funding from Accel and several prominent investors, including Flipkart co-founder Binny Bansal, Zerodha co-founder Nikhil Kamath, and Swiggy co-founder Sriharsha Majety. The funding will help Sarla Aviation take its electric air taxi plans to the next level, aiming to solve the problem of heavy traffic […]
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Intel Plans to Spin Off Intel Capital as an Independent Venture Fund
Intel has announced its decision to spin off its corporate venture arm, Intel Capital, into a separate and independent fund. The move revealed on Tuesday, is designed to give Intel Capital more freedom and flexibility to attract outside investors. Intel will act as the main “anchor investor” for the new fund, which is set to […]
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SEC Sues Elon Musk Over Alleged Delay in Disclosing Twitter Stake
The Securities and Exchange Commission (SEC) has filed a lawsuit against billionaire Elon Musk, alleging that he violated federal securities laws by failing to disclose his 5% ownership stake in Twitter, now called X, within the required timeframe. The SEC claims Musk’s delayed disclosure allowed him to buy additional shares at a lower price, saving […]
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Meta Plans New Layoffs to Focus on High-Performing Workforce
Meta is preparing for another round of layoffs targeting “low-performing” employees as part of a more aggressive approach to performance management. CEO Mark Zuckerberg announced the decision in an internal memo, outlining plans to streamline the company’s workforce and refocus its talent pool. The layoffs are expected to affect about 5% of employees, with notifications […]
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Nvidia Backs Taiwanese Startup MetAI to Revolutionize Industrial AI with Rapid Digital Twin Technology
Meta Description: Nvidia invests in MetAI, a Taiwanese startup transforming industrial AI with rapid digital twin tech, enabling faster, scalable robotics and automation. Nvidia has taken a significant step into the world of AI-driven industrial simulations by investing in MetAI, a Taiwanese startup specializing in the creation of simulation-ready digital twins. The $4 million seed […]
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Intel Plans to Spin Off Intel Capital as an Independent Venture Fund
January 15, 2025
SEC Sues Elon Musk Over Alleged Delay in Disclosing Twitter Stake
January 15, 2025
