Upwork shares fell sharply after the freelance marketplace cut its full-year guidance, overshadowing a second-quarter earnings beat and reviving concerns that AI is eroding the work it brokers. The stock dropped as much as 21% in after-hours trading on…
SpaceX posted a 30-minute all-hands to X on Tuesday. Elon Musk used it to make two claims, and they only make sense together. The first is a number. AI revenue will pass everything else the company sells by next month. The second is a method. SpaceX wi…
Manus is leaving Meta. The Chinese agent startup told users this week that it will “soon return to operating as an independent company”. That is not a change of heart. Beijing refused to let the acquisition stand, and Meta chose not to fight it. The un…
The researcher who led Alibaba’s Qwen models has started his own company. Junyang Lin announced Pragmatik Labs on X on Tuesday evening, five months after walking out of Alibaba. The lab is based in Shanghai and works on what Lin calls next-generation a…
European users of Anthropic’s Claude models can expect that future versions of those tools will begin embedding digital marks in generated text and images to identify them as the product of AI.
Swedish vibe-coding startup Lovable has raised $400m in new funding, at a $13.3bn valuation, more than double its valuation at its last funding round, in a round which was co-led by Europe’s new €5bn …
Foxconn crossed a line this quarter that it will not cross back. Its cloud and networking division, the one that builds AI servers, made up 51% of revenue in the three months to June. That is the first time the segment has passed half. Smart consumer e…
Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build software by describing it in ordinary language, and…
Bookstores in Europe receive massive online purchases for obscure titles that haven’t seen interest in years. They fear that these orders were made by AI firms looking to find more data to train their LLMs.
SpaceXAI has launched Grok Bot in beta, AI agents that sign into apps and websites, retain context between tasks and coordinate with each other. Access is limited at first to SuperGrok Heavy, Cursor Ultra and Cursor Teams Premium subscribers, with an e…