For years, the standard line on frontier AI companies was that they were burning money at extraordinary rates — necessary investments in a race whose economics would eventually make sense, but not yet. Last week, Anthropic changed that narrative. Bloomberg reported Thursday, based on documents shown to prospective investors, that Anthropic’s preliminary second-quarter revenue topped $11.5…
Stripe has finalised a deal to acquire OpenRouter for more than $7 billion, Bloomberg reported yesterday. The deal values the startup at more than five times the $1.3 billion valuation it held just three months ago after its Series B funding round. Stripe hasn’t officially confirmed the deal — the company’s standard response is that it doesn’t comment…
Digital privacy has become one of those things everyone says they care about and almost nobody does anything about. The gap between concern and action is understandable — the threats are invisible, the solutions feel technical, and the effort seems disproportionate to the problem. But in 2026, the data being collected about you is more…
Two years ago, Lovable didn’t exist. Today, it’s worth $13.3 billion. The Stockholm-based startup announced yesterday that it raised $400 million in Series C funding, led by Menlo Ventures and EQT’s Scaleup Europe Fund. The round doubled the company’s valuation from $6.6 billion just eight months ago. Investors include Tencent, Balderton Capital, Kaszek Ventures, and returning…
On Monday, Nvidia announced it had signed memorandums of understanding with six of the most powerful financial institutions in the world — Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR — to assemble more than $500 billion in financing for AI infrastructure. CEO Jensen Huang said he approached only those six firms, and not one turned him down. The…
Tonight at 6PM ET in New York City, Google holds its Made by Google event — and for the first time in Pixel history, you can pre-order Pixel 11 before the event even ends. Google and Best Buy published a countdown timer set to expire at 7AM PT, several hours before the event begins. That…
The AI tool market has exploded. ChatGPT. Claude. Gemini. Perplexity. Meta AI. Copilot. Grok. And now Muse Glimmer, Meta’s new open-source model that runs directly on your laptop. Choosing between them isn’t just confusing, it actively affects the quality of what you get out of AI. Most people pick one AI tool and use it…
Meta made three significant moves this morning. It released a new open-source AI model called Muse Glimmer. It announced plans to open the weights of its most powerful model, Muse Spark 1.2. And CEO Mark Zuckerberg published a sprawling essay called “The Future Is for Everyone” laying out his vision for why open AI is the only way forward….
Nvidia holds roughly 80% of the data centre AI accelerator market. Most people assume that’s because its chips are faster than the competition. The real reason is more interesting — and more vulnerable than it looks. The real reason Nvidia wins is CUDA. CUDA — Compute Unified Device Architecture — is the software layer Nvidia spent…
Ten years. Billions of devices. One email. Google just announced it’s over, and you can’t switch back.
Airport lounges. Hotel lobbies. Coffee shops. Co-working spaces. Public Wi-Fi is everywhere — and connecting to it feels completely normal. That’s exactly what makes it dangerous. Open Wi-Fi networks are one of the most common environments for data theft. The attacks aren’t sophisticated. They don’t require expensive tools or expert knowledge. And most people who…
Last Saturday, August 2, the European Union’s (EU) AI Act transparency rules officially came into force. From August 2, new transparency rules started to apply, requiring certain AI systems to tell users when they are interacting with AI and when content has been generated or altered by it. This is the world’s first binding AI…
For years, the honest answer to “is enterprise AI actually making money?” was: not yet, not really, not at scale. Last week, Palantir made that answer much harder to give. The AI software company reported Q2 2026 results that stunned Wall Street. Revenue surged 93% year over year, fuelled by surging government spending on AI-enabled defence…