
Google leads $36 mn funding in Bengaluru-based spacetech startup Pixxel
Pixxel’s venture funding now totals $71 mn; new funds to advance its mission to build world’s first, highest-resolution hyperspectral satellite constellation
Pixxel’s venture funding now totals $71 mn; new funds to advance its mission to build world’s first, highest-resolution hyperspectral satellite constellation
On Wednesday, Alphabet stock plunged 7.68% to $99.37, erasing more than $100 billion in market value after its AI-equipped chatbot Bard shared inaccurate information in a promotional video.
Foundational disruptions at this stage could undo the deep investments and effort made by OEMs, developers and the industry, says Google.
The Information reported that the search giant is planning to lay off as many as 10,000 employees.
Sundar Pichai, CEO of Google's parent Alphabet, says that Google will recruit with a focus on engineering, technical, and other critical roles.
While the trillion-dollar-market-cap club has been dominated by firms from the West, of late there has been shift in innovation and influence to the East. This gives India a chance to join the club.
Despite the raging Covid-19 pandemic and economic disruptions due to it, Indian investment banking activities grew, hitting a three-year high in 2020, with revenues touching $1.03 billion.
Even with the tag of the fastest growing major economy, India will take decades to catch-up with China, even if the latter were to stop growing completely.