Musk’s Neuralink Raises 600MinNewFundingRound,Reaching9B Valuation Milestone

May 29 2025 – Elon Musk’s brain-computer interface startup, Neuralink, has secured a staggering 600millioninitslatestfundinground,catapultingthecompany’spre−moneyvaluationtoaremarkable9 billion, according to sources familiar with the matter cited by Semafor. This substantial injection of capital comes amidst a backdrop of rapid growth for the neurotechnology firm, which has seen its valuation soar in recent years. Private stock transactions earlier…

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HP to Lay Off Up to 2000 Employees Amid US Tariff Impact on Profits

February 28, 2025 – HP Inc. released its second-quarter profit forecast yesterday, revealing figures that fell short of market expectations. The company attributed the lower-than-expected profits to “increased component costs and tariffs imposed by the US authorities.” According to HP, earnings per share for the second fiscal quarter ending in April are expected to range…

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Intel Spins Off FPGA Business as New Independent Company ‘Altera’ to Bolster AI and Edge Capabilities

March 01, 2024 – In a significant move, Intel has announced the formation of a wholly-owned and independently operated FPGA company, “Altera,” following the establishment and independent accounting of Intel Foundry. Known for inventing the world’s first programmable logic device, particularly renowned for its FPGA technology, Altera was acquired by Intel in 2015 for $16.7…

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