BenevolentAI lays off 30% of staff, exits US site as funding gap looms

BenevolentAI lays off 30% of staff, exits US site as funding gap looms

Submitted by admin on April 23, 2024 - 10:35am
Source: 
Fierce Biotech
News Tags: 
BenevolentAI
drug development
layoffs
Headline: 
BenevolentAI lays off 30% of staff, exits US site as funding gap looms
snippet: 

The cuts keep coming at BenevolentAI. Eleven months after restructuring, the AI-enabled drug developer is pulling another pivot, axing plans to launch software products, laying off another 30% of staff and closing its U.S. office.

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