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After nearly 15 years, Remitly co-founder and CEO Matt Oppenheimer is transitioning to board chair, handing the reins to Sebastian Gunningham. Oppenheimer reflects on the fintech giant's journey from a three-person startup to a $3B public company, sharing invaluable lessons on customer focus, cultural development, and leadership growth.
Ubisoft has laid off approximately 40 staff at its Toronto studio, impacting individuals working on the *Splinter Cell remake*. The company confirms the game remains in development, despite the cuts. These layoffs are part of a broader organizational restructuring following other studio reductions and a recent employee strike.
OpenAI is making a major move into India, partnering with Tata for an initial 100MW AI data center capacity with a long-term goal of 1GW. The AI giant also plans to open new offices in Mumbai and Bengaluru later this year, signaling a deep commitment to India's tech landscape and talent pool. This expansion is set to significantly boost AI development and adoption in the region.
