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Alphabet’s X — which has been described as a “semi-secret research and development facility” — is laying off dozens of staff on its support team as the entire company looks to cut costs.
Alphabet is also restructuring X (not to be confused with the platform formerly known as Twitter) to make it easier to spin out projects as independent startups with backing from outside investors.
Alphabet has another subsidiary, Intrinsic, that is working on industrial robots, and layoffs there were limited to about 20 percent of its staff. “In a home, you can't just put magnetic strips ...
Chorus, an Alphabet moonshot for getting a real-time view into the supply chain, is spinning out. Series X Capital led its funding round, with Alphabet also taking a stake. X said that spinning ...
Alphabet’s X lab this week announced Taara is graduating from the “Moonshot Factory” to become an independent company and has raised a round of funding led by venture capital firm Series X Capital.
Alphabet’s venture firm Capital G has announced an $1 billion investment in Uber competitor Lyft. The ride hailing company says the injection of cash brings valuation to $11 billion.