26 January 2024
Xerox Major Investor In AI Firm
ROCHESTER . NEW YORK—
Xerox paid Carl Icahn $542 million to get out of the company
Xerox paid Carl Icahn $542 million to get out of the company
 Myriad Venture Partners, a new venture firm focused on AI, clean technology, and B2B software, has launched with $100m of initial capital commitments from investors, including Xerox as a major investor. Founded by Chris Fisher, the former senior vice president and chief strategy officer of Xerox Corporation and
Laid of 15% of staff world wide in January
Laid of 15% of staff world wide in January
former founder and managing partner of Xerox Ventures, together with former Xerox Ventures executives Tim Chiang and Dean Mai. After selling it's 3D printing division , buying out Investor Carl Icahn , pulling out of Drupa 2024 and laiding off 15% of their staff the questions is being asked is this bad timing to play around with cash?  
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Brian says:
So basically Xerox will no longer design or make any equipment and they have stopped all research an...
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