Wednesday, February 28, 2024

Apple cancels work on electric car, shifts team to generative AI

The Apple car team also has several hundred hardware engineers and car designers. It’s possible that they will be able to apply for jobs on other Apple teams. There will be layoffs, but it’s unclear how many.

from Tech-Economic Times https://ift.tt/b9UtiVz

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...