BUSINESS

bg
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

Cloudflare says AI made 1,100 jobs obsolete, even as re...

Cloudflare announced its first large-scale layoff. CEO Matthew Prince says becau...

bg
Intel’s comeback story is even wilder than it seems

Intel’s comeback story is even wilder than it seems

Intel's stock has risen a stunning 490% over the past year, a bet by Wall Street...

bg
Prime Video follows Netflix and Disney by adding a TikTok-like ‘Clips’ feed in its app

Prime Video follows Netflix and Disney by adding a TikT...

The Clips feed aims to enable discovery by offering users a scrollable feed with...

bg
San Francisco’s housing market has lost its mind

San Francisco’s housing market has lost its mind

The invisible force behind all of this is no mystery to anyone paying attention ...

bg
Laid-off Oracle workers tried to negotiate better severance. Oracle said no. 

Laid-off Oracle workers tried to negotiate better sever...

Some found out they didn't qualify for WARN Act protections like two-months noti...

bg
Why you can never get your doctor to call you back

Why you can never get your doctor to call you back

Like many AI companies automating work that humans currently do, Basata will eve...

bg
The back office problem that explains why specialists never call you back

The back office problem that explains why specialists n...

Like many AI companies automating work that humans currently do, Basata will eve...

bg
Voi founders’ new AI startup Pit has become the latest rising star out of Stockholm

Voi founders’ new AI startup Pit has become the latest ...

AI startup Pit is led by the co-founders of European scooter giant Voi and backe...

bg
Disney looking to make a unified ‘super app,’ report says

Disney looking to make a unified ‘super app,’ report says

Disney CEO Josh D'Amaro, who took over for Bob Iger earlier this year, has empha...

bg
Kodiak AI raises $100M at a steep discount, sending its stock tumbling 37%

Kodiak AI raises $100M at a steep discount, sending its...

The company made a series of other announcements during earnings, including a ne...

bg
OpenAI launches new voice intelligence features in its API

OpenAI launches new voice intelligence features in its API

The new features could be handy for customer service systems, but OpenAI says th...

bg
Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B

Ramp in talks to hit $40B+ valuation, 6 months after re...

The company is reportedly in talks to raise another $750 million at a pre-money ...

bg
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A

Insurance startup Corgi hits $1.3B valuation 4 months a...

Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the st...

bg
Is xAI a neocloud now?

Is xAI a neocloud now?

xAI's real business may be more about building data centers than training AI mod...

bg
Snap says its $400M deal with Perplexity ‘amicably ended’

Snap says its $400M deal with Perplexity ‘amicably ended’

The deal, announced last November, would have seen Perplexity's AI search engine...

bg
Barry Diller trusts Sam Altman. But ‘trust is irrelevant’ as AGI nears, he says.

Barry Diller trusts Sam Altman. But ‘trust is irrelevan...

Barry Diller defended OpenAI CEO Sam Altman, while warning that AGI remains an u...

bg
A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom

A 20-minute pitch wins Indian startup Pronto backing fr...

The investment comes as Pronto scales to 26,000 daily bookings and the market he...

bg
Lucid Motors doesn’t know how many EVs it will build this year

Lucid Motors doesn’t know how many EVs it will build th...

Lucid Motors pulled its guidance for the year, as it navigates swelling inventor...

bg
Altara secures $7M to bridge the data gap that’s slowing down physical sciences

Altara secures $7M to bridge the data gap that’s slowin...

Altara’s AI aims to diagnose failures and help speed up R&D by unifying data si...

bg
Bumble’s paying users are slipping as it bets on an overhaul later this year

Bumble’s paying users are slipping as it bets on an ove...

The company is making a big bet that the swiping model is outdated and most matc...