Business

Navan Implements Workforce Restructuring to Drive Profitability Ahead of Delayed IPO

In a strategic move to enhance operational efficiency and expedite the journey towards profitability, expense management startup Navan (formerly known as TripActions) has confirmed...

Spotify layoffs make sense when you consider its margins and market

Spotify has recently announced a significant workforce reduction, amounting to 17% of its staff. This move has raised questions, especially considering the company's positive...

AssemblyAI Secures $50M to Advance AI Speech Models

AssemblyAI, an "applied AI" startup founded in 2017, has successfully raised $50 million in a funding round led by Accel, featuring prominent investors such...

OpenAI Completes First Phase of New Governance Structure

OpenAI has completed the first phase of its new governance structure, adding Microsoft as a nonvoting board member. Sam Altman, reinstated as CEO, outlined...