Hallucinations — the lies generative AI models tell, basically — are a big problem for businesses looking to integrate the technology into their operations. Because models have no real intelligence and are simply predicting words, images, speech, music and other data according to a private schema, they sometimes get it wrong. Very wrong. In a […]
Why RAG won’t solve generative AI’s hallucination problem Read More »
Sprinklr, a U.S. firm offering a customer experience management platform to global brands, has laid off about 3% of its workforce — around 116 people — to realign its customer operations team, the company confirmed to TechCrunch in a statement. The new job cuts come over a year after the company cut about 4% of
Sprinklr lays off more than 100 employees Read More »
WSO2, a company that provides API management and identity and access management (IAM) services for enterprises, has been acquired by Swedish investment giant EQT. Terms of the deal were not disclosed, but TechCrunch has learned via sources that the deal values WSO2 at “more than” $600 million, with EQT attaining a “significant majority” stake for
EQT snaps up API and identity management software company WSO2 for more than $600M Read More »
Ahead of Google’s annual I/O developer conference in May, the tech giant has laid off staff across key teams like Flutter, Dart, Python and others, according to reports from affected employees shared on social media. Google confirmed the layoffs to TechCrunch, but not the specific teams, roles or how many people were let go. “As
At its Team ’24 event in Las Vegas, Atlassian today announced that it is combining Jira Software with Jira Service Management into a single product under the ‘Jira’ brand. The origins of Jira, Atlassian’s flagship project management tool, are in software development and issue tracking for developers, but throughout the past few years, the company
Atlassian combines Jira Software and Work Management tools Read More »
A tech-wide reckoning that began in 2022 and ran throughout into 2023. Though 2024 has gotten off to a rough start, it has yet to reach the peak of the prior year’s substantial cutbacks. This post serves as a record of those layoffs, and the coverage of the reasons behind them, ranging from duplicative roles,
A comprehensive archive of 2023 tech layoffs Read More »
Samsung Electronics said on Tuesday that its operating profit surged more than 930% in the first quarter of 2024, driven by soaring demand for its servers, memory chips and storage used in AI applications. The company, which struggled in 2023 as the macroeconomic slowdown hurt demand for its products, said its memory chip business returned to
Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips Read More »
You know that mildly jarring experience whenever that well-known celebrity shows up in an entirely different context — e.g. a musician making a horror flick cameo; an NFL player rearing their head in a comedy series; or a Hollywood movie icon selling mobile phone plans on TV? Well, it’s starting to feel like that with
French startup Carbonfact believes that the best carbon accounting solutions will focus on one vertical. That’s why the company has decided to provide a carbon management and reporting tool exclusively for the fashion industry. Carbonfact recently raised a $15 million funding round led by Alven, a French VC firm that also led the startup’s seed
Google’s trying to make waves with Gemini, its flagship suite of generative AI models, apps and services. So what is Gemini? How can you use it? And how does it stack up to the competition? To make it easier to keep up with the latest Gemini developments, we’ve put together this handy guide, which we’ll
Google Gemini: Everything you need to know about the new generative AI platform Read More »
