💨 Abstract

Cloud communications software firm Bird, a prominent Dutch tech startup, plans to move most of its operations out of Europe due to restrictive regulations and hiring difficulties. CEO Robert Vis cited concerns about European regulations stifling innovation in AI-first technology. The company will operate from New York, Singapore, and Dubai in the future. Bird reported a net profit of €17 million on sales of €555 million in 2023.

Courtesy: theprint.in

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