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Thursday, 3 November 2022

Neobank Chime lays off 12% of its 1,300-person workforce, or ~150, citing "current market dynamics"; Chime raised $750M at a $25B valuation in August 2021 (Maria Heeter/The Information)

Maria Heeter / The Information:
Neobank Chime lays off 12% of its 1,300-person workforce, or ~150, citing “current market dynamics”; Chime raised $750M at a $25B valuation in August 2021  —  Online banking startup Chime, which before this year's market meltdown had been widely seen as a candidate …



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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a "massive overreaction" (Bloomberg)

Bloomberg : Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's ...