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    Startups and technology

    Canva’s first job cuts affect 22% of staff in its ‘hardest moment’ FUTURE OF WORK

    Canva’s first job cuts affect 22% of staff in its ‘hardest moment’

    Canva’s Melanie Perkins says growth slowed for the first time in a decade. Leavers get six months’ pay, keep their MacBooks and can apply for US$10,000 grants to start their own ventures.

    Investors and funding

    bit.bio raises $25M Series D as demand for its human cell models grows INVESTORS AND FUNDING

    bit.bio raises $25M Series D as demand for its human cell models grows

    Corporates and innovation

    UiPath will charge per document for its new finance AI agents ARTIFICIAL INTELLIGENCE

    UiPath will charge per document for its new finance AI agents

    UiPath’s ready-made procurement and invoice processing agents arrive in early 2027, with customers paying per document processed. The company showed them at its FUSION event in Dubai.

    Government and policy

    Oracle cancels $7B Tencent AI chip lease under US pressure, FT reports BUSINESS

    Oracle cancels $7B Tencent AI chip lease under US pressure, FT reports

    US officials raised concerns about the five-year deal, which would have given Tencent 100,000 AI chips in Southeast Asia.

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