Vimeo starts layoffs after acquisition by Bending Spoons
Vimeo is in the process of laying off some of its global staff after being acquired last year by Bending Spoons for $1.38B.
GM to end Chevy Bolt EV production next year, move China-made Buick to US factory
The factory musical chairs reflect an economic and political environment, shaped by the Trump administration’s tariff policy and its decision to end the federal EV tax credit.
Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank
Before everyone sharpens their knives, consider that for the VCs who backed Brex at its outset, the sale is a triumph.
Voice AI engine and OpenAI partner LiveKit hits $1B valuation
The five-year-old-startup powers OpenAI’s ChatGPT voice mode and raised a $100 million round led by Index Ventures.
Inference startup Inferact lands $150M to commercialize vLLM
The seed round values the newly formed startup at $800 million.