Cloudflare on Thursday announced it would cut approximately 1,100 jobs, or 20% of its workforce, marking the first mass layoff in the company’s 16-year history. The decision came even as the internet security and performance company reported record quarterly revenue of $639.8 million, a 34% year-over-year increase. The layoffs, which affect teams across all geographies […]
Coinbase became the latest crypto company to cut its workforce this week, citing artificial intelligence as the driving force behind a major restructuring. The exchange joins Block and Crypto.com in a wave of layoffs that executives are framing not as emergency cuts, but as deliberate moves to build leaner, AI-native organizations. But industry observers and […]
Google has granted the U.S. Department of Defense access to its artificial intelligence for classified networks, effectively allowing all lawful uses of the technology, according to multiple reports. The deal, reported by The Wall Street Journal and other outlets, comes just weeks after Anthropic publicly refused to provide the Pentagon with similar terms, leading to […]
Lovable, the startup behind a popular no-code AI app builder, has launched its mobile app on both Apple’s App Store and Google Play. The move comes weeks after Apple tightened its rules around so-called “vibe-coding” apps, forcing developers to adjust how their tools operate on iOS. What Lovable’s mobile app does The new mobile app […]
Peter Sarlin’s QuTwo, a Finnish AI lab, has achieved a remarkable QuTwo valuation of €325 million ($380 million) after a €25 million angel round. This news highlights the enduring momentum for European AI and quantum computing. Sarlin, the former CEO of AMD’s Silo AI, leads this venture. The company focuses on enterprise AI solutions, not […]
Marc Lore, the veteran e-commerce entrepreneur who sold his previous startups to Amazon and Walmart, now reveals how AI will let anyone open a restaurant in under a minute. His current venture, Wonder, is rolling out Wonder Create, an AI-powered platform that transforms food entrepreneurs, influencers, and even nonprofits into virtual restaurant owners. The system […]
Altara, a San Francisco-based startup, has secured $7 million in seed funding to bridge the data gap that slows down physical sciences. The company’s AI platform unifies fragmented technical data from batteries, semiconductors, and medical devices. Altara secures $7M to tackle data fragmentation The funding round was led by Greylock, with participation from Neo, BoxGroup, […]
Apple plans to make iOS 27 a choose your own adventure of AI models, giving iPhone users remarkable control over on-device artificial intelligence. This move marks a significant shift in Apple AI strategy, allowing users to pick from multiple third-party large language models (LLMs) to power core system features. Apple iOS 27: A New Era […]
Stockholm has produced another AI startup worth watching. Pit, founded by the cofounders of European e-scooter giant Voi, has secured a $16 million seed round led by venture capital powerhouse Andreessen Horowitz (a16z). The company is building enterprise AI tools that learn how a business operates and then generate custom software to automate internal processes. […]
Bumble is preparing to abandon the feature that defined a generation of digital dating. In an interview with Axios on Thursday, CEO Whitney Wolfe Herd confirmed the company will remove swiping from its app later this year, replacing it with an entirely new interaction model. “We are going to be saying goodbye to the swipe […]
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