Saturday, May 27, 2023

Jobs in startupland shrink 30%; hikes fall amid funding freeze

Employees at startups are seeing only 10% annual hikes on the higher side, while many are even forced to take a 10% cut, show findings of a report.

from Tech-Economic Times https://ift.tt/2ByxRTn

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...