The deal is Airbnb’s first acquisition as a public company. It closed for just under $200 million, according to CNBC . Generative AI efforts have taken on increasing importance across tech firms.

"Stealth firing" can reduce company costs at first but risk negative long-term consequences, such as low morale and productivity, and a lack of trust.

The company has already raised considerable financial backing, raising at least $111 million in a Series A round in 2023, in which Bezos himself participated with his family office, Bezos Expeditions.

Terrana is aiming to have commercially available products in the next few years, pending regulatory approval, that can be applied as sprayables or seed treatments. And the company says its RNA-based ...

Stealth Bio to cut jobs after FDA rejects therapy for rare disorder Privately held Stealth BioTherapeutics said on Thursday the U.S. Food and Drug Administration had declined to approve its ...

“Based on our progress over the past 24 months as a stealth company, we believe this pipeline has the potential to produce a new wave of innovative therapies,” said Alex Mayweg, Ph.D ...