GPS Maker TomTom to Cut 300 Jobs as It Embraces AI
TomTom, the Dutch maker of GPS devices and apps, announced Monday (June 30) that it is cutting 300 jobs as it increasingly incorporates artificial intelligence (AI) into its business.
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NATO’s VC fund backs biotech startup for first time
The NATO Innovation Fund (NIF) has made its first investment in a biotechnology startup. The alliance’s VC arm announced today that it’s co-leading a $35mn Series A round for UK-based Portal Biote...