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Elon Musk tops Forbes' 2025 Billionaire's List with a net worth of $342 billion, followed by Mark Zuckerberg at $216 billion and Jeff Bezos at $215 billion. The list features 3,028 billionaires worth a combined $16.1 trillion, with the majority residing in the United States.
MaxIQ, an AI-driven revenue solutions platform for B2B SaaS companies, has appointed Sastry Malladi as its new chief technology officer. With over 30 years of experience, Malladi will enhance the platform's capabilities, focusing on sales forecasting, customer onboarding, and revenue management. This announcement follows a recent $7.8 million seed funding round led by Dell Technologies Capital and Intel Capital.
Dell Technologies has reduced its workforce by 10% for fiscal 2025, bringing its headcount down to approximately 108,000 from about 120,000 the previous year. This move is part of broader cost-cutting measures, which include limited external hiring and role reorganization. Looking ahead to fiscal 2026, the company anticipates challenges in its adjusted gross margin rate due to increasing costs associated with building AI servers in a competitive market.
Google has agreed to acquire cybersecurity startup Wiz for $32 billion, enhancing its cloud security features. Meanwhile, Nvidia unveiled new AI chips at its GTC conference, while computer programming jobs hit a 40-year low, partly due to the rise of generative AI tools. Intel's new CEO, Lip-Bu Tan, is expected to implement significant changes to revive the company, focusing on AI strategies and customer acquisition.
Emirates NBD has successfully concluded the third cohort of its National Digital Incubator (NDTI) programme, designed to support Emirati fintech entrepreneurs. In collaboration with partners like the DIFC Innovation Hub and Visa, the initiative provided mentorship, networking opportunities, and insights from industry leaders, including Essa Kazim, Governor of the DIFC.Participants engaged in tailored sessions, explored sustainability at the DIFC Future Sustainability Forum, and presented their projects to Emirates NBD executives. The programme aims to foster innovation and contribute to the UAE's economic growth, reinforcing the country's status as a global financial hub.
Emirates NBD has successfully concluded the third cohort of its National Digital Incubator (NDTI) programme, designed to support Emirati fintech entrepreneurs. In collaboration with partners like the DIFC Innovation Hub and Visa, the initiative provided mentorship, networking opportunities, and insights from industry leaders, including Essa Kazim, Governor of the DIFC.Participants engaged in tailored sessions, explored sustainability at the DIFC Future Sustainability Forum, and presented their projects to Emirates NBD executives. The programme aims to empower fintech startups, contributing to the UAE's economic growth and reinforcing its status as a global financial hub.
Emirates NBD has successfully concluded the third cohort of its National Digital Incubator (NDTI) program, aimed at reinforcing Dubai's status as a global Fintech hub. The program provided Emirati founders with access to industry leaders, mentorship, and opportunities for international networking, including insights from His Excellency Essa Kazim, Governor of DIFC. Participants showcased their innovations and received pivotal feedback from top decision-makers, aligning with the UAE's economic vision and commitment to nurturing homegrown Fintech talent.
MaxIQ has successfully raised $7.8 million in seed funding, with the investment led by Dell Technologies Capital. This funding will support the company's growth and development initiatives as it seeks to enhance its market presence.
Revenue intelligence startup Gyaan AI has rebranded as MaxIQ and successfully raised $7.8 million in funding. The investment comes from notable firms Dell Technologies and Intel Capital, marking a significant milestone for the company in its growth trajectory.
MaxIQ, formerly known as Gyaan AI, has secured $7.8 million in seed funding led by Dell Technologies Capital and Intel Capital. The Pune-based startup, founded in 2022, focuses on an AI-driven sales enablement platform for B2B SaaS companies, aiming to enhance revenue management throughout the customer lifecycle.With the appointment of Matt Hickey as CEO and Rob Sexton as CRO, MaxIQ plans to innovate its product offerings and expand its market presence. The startup addresses gaps between sales and customer success by unifying workflows and providing AI-powered insights to drive revenue growth.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
elon musk and mark zuckerberg lead forbes richest billionaires list
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