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Alphabet robotics subsidiary Intrinsic lays off 20% staff

Layoffs at Alphabet’s “Other Bets” division has widened to include its robotics subsidiary Intrinsic AI, which is eliminating about 20% of its workforce or roughly 40 employees, according to reports.

Intrinsic AI came out of Alphabet’s X research unit, after incubating there for close to five years. It is a robotics firm that is working on developing artificial intelligence-based software to bolster the use of robots in industries and commercial environments.

The news about the company’s layoffs was first report by The Information. An email sent to Intrinsic AI didn’t immediately receive a response.

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Source:: Computerworld