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