Rapid Engineering Startup Vellum.ai Raises $5 Million as Demand for Generative AI Services Soars

Image credits: Ole_CNX/Getty Images This morning, Vellum.ai said it closed a $5 million seed round. The company declined to share who its lead investor was for the round, other than noting that it was a staged firm, but told TechCrunch that Rebel Fund, Eastlink Capital, Pioneer Fund, Y Combinator and several angels they took part … Read more

Global PC shipments continue to decline in Q2 2023 due to weak demand and shifting budgetary priorities, according to IDC Tracker

NEEDHAM, Mass., July 10, 2023 Global PC shipments decreased 13.4% year-over-year during the second quarter of 2023 (2Q23), according to preliminary findings from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. This was the sixth consecutive quarter of contraction caused by macroeconomic headwinds, weak demand from both the consumer and commercial sectors, … Read more