Data integration is a necessary part of many workflows from onboarding customer data to exercising payroll, but for many data sets the process is long and manual. Data is siloed into databases and SaaS applications that each keep the information in different formats, which makes it difficult to move information from one database to another. […]
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General Motors is laying off nearly 1,000 workers in the U.S. as part of a cost-cutting bid, just three months after cutting 1,000 software jobs. The company told TechCrunch that cuts won’t affect hourly workers at any of its factories, but declined to specify what teams were affected. A significant majority of the layoffs were […]
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A first draft of a Code of Practice that will apply to providers of general-purpose AI models under the European Union’s AI Act has been published, alongside an invitation for feedback — open until November 28 — as the drafting process continues into next year, ahead of formal compliance deadlines kicking in over the coming […]
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Over her decade-long tenure, Chairman and CEO Mary Barra has pushed to transform General Motors into a technological powerhouse — and one that will lead in electrification, software and autonomous driving though their self-driving subsidiary Cruise. We’ll take stock of her progress — including the unexpected speed bumps along the way.Watch as Mary Barra discusses […]
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U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds,” which spans seed and growth equity funding, […]
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Salesforce on Tuesday announced the general availability of its AI agent development platform called Agentforce. The offering is, in essence, a low- or no-code method for deploying chatbots for employees or customers. Salesforce says the new platform is already being used by firms including OpenTable, Saks, and Wiley “Agentforce doesn’t depend on human engagement to […]
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General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800 million and $1 billion, according to a person familiar with the plans. A continuation fund consists of a portion of stakes that the VC firm has in portfolio companies. With around $25 […]
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Despite Saudi Arabia’s record of human rights abuses, some investors are warming up to investing in the country’s startups. General Catalyst is planning to invest in Lean Technology, a Saudi Arabia-based fintech startup, the firm’s first investment in the Middle Eastern nation, the Information reported. Other Saudi Arabian startups that U.S.-based investors recently backed include […]
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