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Industry news

  • Sequoia leads $1.5B tender offer for sales automation startup Clay

    It took seven years of hard work for Kareem Amin, co-founder and CEO of sales automation startup Clay, to see the company’s product finally take off in 2022. Since then, the startup has experienced explosive growth, reached a valuation exceeding …

  • OpenAI launches a data residency program in Asia

    OpenAI is introducing a new data residency program in Asia, the company announced Thursday, following the rollout of its data residency program in Europe in February. The new program, which is available for OpenAI’s ChatGPT Enterprise, ChatGPT Ed…

  • Bill Gates tells his foundation to spend it all by 2045

    The Gates Foundation is expected to spend $200 billion over the next 20 years to support causes related to health and human development.

  • Match to lay off 13% of staff

    Dating app giant Match Group is laying off 13% of its staff as part of a reorganization that aims to reduce costs and simplify its organizational structure.

  • Amazon’s newest AI tool is designed to enhance product listings

    Amazon said Thursday it is releasing a new generative AI-powered tool to help merchants improve their listings with missing details or attributes. Sellers often have hundreds of products listed on Amazon, and they need to update information related to …