Arena, the crowdsourced AI leaderboard that started as a UC Berkeley research project in 2023, has reached 100 million dollars in annualized revenue just eight months after launching its first commercial product. The platform is best known for letting …
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Imagine coming in to work to learn that a new underling will report to you. The worker is not a person but an AI tool—one that your company nonetheless calls Alex, an…
Cursor launched an iOS mobile app today that lets developers spin up and manage AI coding agents directly from their phone. The app connects to the desktop version of Cursor and allows users to start new coding sessions, review agent output, and intera…
TIDAL is cutting off the money supply for AI-generated music. The streaming service announced a new policy that will prevent fully AI-generated tracks from earning royalties, collecting revenue from direct-to-fan sales, or being monetised in any way on…
Proception, a robotics startup founded by former Tesla Optimus engineer Jay Li, has settled a year-long trade secret lawsuit with Tesla and raised an $11 million seed round led by First Round Capital to build dexterous robotic hands. The company told T…
Enterprise investment in AI is booming. Gartner is calling 2026 an “inflection year” for organizations to align their AI projects with strategic business objectives. As the pressure to prove ROI mounts, executives and technology leaders are looking to agentic AI to drive the measurable financial outcomes their businesses seek. A prime opportunity for AI agents…
Google is adding SandboxAQ’s ‘large quantitative models’ to its cloud marketplace, pairing Gemini with AI trained on scientific equations and laboratory data. The large language models that power most of the AI industry are very good at words and surpr…
Momenta is heading to the public markets. The self-driving software firm has opened its Hong Kong IPO, seeking up to $752mn to pour into AI research and robotaxis. The Momenta IPO would value the GM-backed company at close to $9bn. The Suzhou-based com…
Most people call them automated licence plate readers, or ALPRs. They sit beside roads and log every car that passes. Flock Safety dominates the market. Engadget reports that Flock makes the vast majority of the 100,000-plus readers now blanketing the …
South Korea has placed its biggest bet yet on the AI era. The plan commits at least $880bn over a decade to chips, data centres and robots. It is the boldest South Korea AI investment to date, and the government says speed is now the only way to surviv…