Layoffs

The Microsoft cofounder talked to Forbes about his work with AI unicorn OpenAI and back on Microsoft’s campus, AI’s potential impact on jobs and in medicine, and much more. I n 2020, Bill Gates left the board of directors of Microsoft, the tech giant he cofounded in 1975. But he still spends about 10% of his time at its Redmond, Washington headquarters, meeting with product teams, he says. A big topic of discussion for those sessions: artificial intelligence, and the ways AI can change how we work — and how we use Microsoft software products to do it. In the summer of 2022, Gates met with OpenAI cofounder and president Greg Brockman to review some of the generative AI products coming out of the startup unicorn, which recently announced a “multiyear, multibillion” dollar deepened partnership with Microsoft. You can read more about OpenAI and the race to bring AI to work — including comments from Brockman, CEO Sam Altman and many other players — in our print feature here … [Read more...] about Exclusive: Bill Gates On Advising OpenAI, Microsoft And Why AI Is ‘The Hottest Topic Of 2023’

Share to Twitter Share to Linkedin Cofounder and CEO of Nylas . The past year has been full of business challenges, layoffs and budget cuts as we may be heading into a recession. While companies continue to think about the ways they can cut costs, business leaders have an opportunity to dive deep into their business and operations and identify the root causes that lead to inefficiencies and overspending. Often, business leaders focus only on where and how they can cut costs. But the problem with that strategy is that it’s solely a quick fix to a larger problem. In order to cut costs in a meaningful way that can have a long-term positive impact, leaders must look at three core problems impacting their workforce: context switching, disparate data and accumulated technical debt. While there are many ways to fix those three areas based on legacy systems, another way to explore solving them is by using APIs to enhance the developer experience. … [Read more...] about Three Core Operational Inefficiencies Impacting Businesses

Share to Twitter Share to Linkedin As interest rates rise globally and investors grow increasingly cautious, Brazilian startups saw the worst January since 2018 when it comes to raising capital. According to the Inside Venture Capital report released by innovation hub Distrito , the tech-based companies raised $96.6 million last month, an 84% drop compared to the same month in 2022, when investments reached $77,8 million. The bright spot in terms of VC investments in Brazil last month was the $45.5 million raise secured by energytech Órigo from US fund manager Augment Infrastructure , which accounted for nearly half the total raised by the whole market during January. According to the report, the number of closed agreements also dropped, with only 25 such deals closing last month, against 117 in January 2022. Mergers and acquisitions (M&A) deals in Brazil are also down, with only eight deals closing in January, against 26 in the same month in … [Read more...] about Startup Deals Plummet In Brazil, Companies Brace For A Tough 2023