Neobank Mercury says it has hit $650M in annualized revenue, up from $500M by end of 2024, and has been GAAP profitable on net income and EBITDA for three years
In fintech, most companies burn cash chasing growth at any cost, but for us? … Carly Lippman : Almost four years in at Mercury and I'm still so proud of what we're building. Loved...
Windsurf CEO Jeff Wang on what happened after co-founders Varun Mohan and Douglas Chen left for Google, and how Cognition's deal to acquire Windsurf unfolded
Based on The Pragmatic Engineer Survey: 3,000 respondents, mostly experienced devs. — Note how other vibe-coding tools are also not popular with this group: [image] Gergely Orosz...
Acquihire deals like Google's Windsurf deal are a wake-up call for AI startup employees left behind, creating new uncertainty over leadership and compensation
Big Tech's growing reliance on licensing deals to scoop up top talent from AI startups risks leaving many rank-and-file workers in limbo.
A look at Meta's revamped GenAI strategy, as Mark Zuckerberg poaches top AI talent for the Superintelligence team with a typical offer of $200M over four years
SemiAnalysis : X: @staysaasy , @lefttailguy , @blader , and @mjolley22 X: @staysaasy : @blader To put it in another context: If these guys were Sole Proprietorships or single pers...
A look at Meta's revamped GenAI strategy, as Mark Zuckerberg poaches top AI talent for the Superintelligence team with a typical offer of $200M over four years
Meta's shocking purchase of 49% of Scale AI at a ~$30B valuation shows that money is of no concern for the $100B annual cashflow ad machine. X: @staysaasy , @lefttailguy , @blader ...
Observations on AI and how it may change society, the likely uneven impact of AGI, which could mess up the balance of power between capital and labor, and more
Our mission is to ensure that AGI (Artificial General Intelligence) benefits all of humanity.
Memecoin MIRA, created to fund research into a brain tumor affecting tech CEO Siqi Chen's daughter, hit an $80M market cap before falling as Chen began selling
- After his young daughter, Mira, was diagnosed with a type of rare brain tumor, tech CEO Siqi Chen turned to X with a heartfelt plea …
Memecoin MIRA, created to fund research into a brain tumor affecting tech CEO Siqi Chen's daughter, hit an $80M market cap before falling as Chen began selling
- After his young daughter, Mira, was diagnosed with a type of rare brain tumor, tech CEO Siqi Chen turned to X with a heartfelt plea …
Memecoin MIRA, created to fund research into a brain tumor affecting tech CEO Siqi Chen's daughter, hit an $80M market cap before falling as Chen began selling
- After his young daughter, Mira, was diagnosed with a type of rare brain tumor, tech CEO Siqi Chen turned to X with a heartfelt plea …
France's gambling regulator says it is “aware” of Polymarket and is “currently examining its operation and compliance”, after user Fredi9999 made a ~$48M profit
- Inquiry follows publicity around French trader's huge bets — New evidence on whale's profit grows haul to $78 mln
Startup Friend previews a $99 AI pendant with an always-on microphone that's designed to provide the wearer with companionship, set to ship in January 2025
The latest attempt at an AI-powered wearable is an always-listening pendant. But it doesn't help you be more productive, it just keeps you company.
Anthropic launches Claude 3.5 Sonnet, which beats its flagship model Claude 3 Opus and outperforms GPT-4o in some tests, available for free on the web and iOS
OpenAI rival Anthropic is releasing a powerful new generative AI model called Claude 3.5 Sonnet. But it's more an incremental step than a monumental leap forward.
Claude 3.5 Sonnet appears to be a tremendous leap for Anthropic and LLMs generally, and shows that AI model makers' performance gains are not slowing down
Carl Franzen / VentureBeat :
A summary of the apps that Apple “Sherlocked” at WWDC 2024, like 1Password and LastPass, call recording and transcription apps, and the Newji custom emoji app
Apple has been on a spree of late, announcing a host of new features for its various devices earlier this week at its Worldwide Developer Conference (WWDC).
A look at Daylight Computer's DC1, a 10.5-inch, $729 tablet that feels like a hybrid of an iPad and a Kindle and runs on a custom Android-based OS called SolOS
already compatible with #Obsidian and the new e-ink mode I created for it. X: Ian Harber / @ianharber : “It's a tool, not a master... it doesn't try to consume you... technology th...
Google fires 28 employees over their participation in a 10-hour sit-in at the company's New York and Sunnyvale offices to protest its business ties with Israel
https://medium.com/... X: Dr. Ks / @katejsim : Terminated worker here. Listen when employers tell you exactly who they are McCarthyism is alive and well. Look how terrified they ar...
Google fires 28 employees over their participation in a 10-hour sit-in at the company's New York and Sunnyvale offices to protest its business ties with Israel
Google has fired 28 employees over their participation in a 10-hour sit-in at the search giant's offices in New York and Sunnyvale …
OpenAI debuts Voice Engine, which lets users generate synthetic copy of a voice from a 15-second sample, available to around 10 partners, including HeyGen
but Won't Release the Tech Yet Cade Metz / New York Times : OpenAI Unveils A.I. Technology That Recreates Human Voices Benj Edwards / Ars Technica : OpenAI holds back wide release ...
OpenAI debuts Voice Engine, which lets users generate synthetic copy of a voice from a 15-second sample, available to around 100 partners, including HeyGen
As deepfakes proliferate, OpenAI is refining the tech used to clone voices — but the company insists it's doing so responsibly.
Flexport raised $260M from Shopify, one of its biggest shareholders; Shopify sold its money-losing logistics unit to Flexport in exchange for equity in May 2023
Report FreightWaves : Flexport raises $260M from Shopify Threads: Ran Reichman / @ranreichman : I don't understand this on two accounts: 1. Flexport CEO said they have a fortress ...