CEO Sandeep Mathrani said WeWork plans to make another round of staff cuts by the end of next month, according to Bloomberg, adding to the thousands of employees the company has already laid off since November. The new executive, who started in February, didn’t specify the size of a cut. Over the last six months, WeWork has laid off more than 2,600 employees, including much of its engineering ...
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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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