Artificial Intelligence

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How AI’s capital explosion signals opportunity but also reveals a critical need for measurable ROI and meaningful impact

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The current wave of investment in artificial intelligence reflects one of the largest capital shifts in modern technology, yet questions around financial return remain central to how this growth is being interpreted. According to a report, global venture capital investment in AI firms reached over $258 billion in 2025, accounting for 61% of all global […]

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All 11 xAI co-founders have now reportedly left Elon Musk’s AI company

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Every co-founder Elon Musk recruited to build xAI has now reportedly left the company. Manuel Kroiss, who led the pretraining team, told people this month that he was departing. Ross Nordeen, described by Business Insider as Musk’s “right-hand operator,” left on Friday. They were the last two of eleven co-founders, all of whom have exited […]

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Meta’s new prescription Ray-Ban smart glasses are a distribution play, not a technology leap

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Meta is preparing to launch two new Ray-Ban smart glasses models designed specifically for prescription wearers, according to a Bloomberg report published on Thursday. The models, codenamed Scriber and Blazer, were first spotted in Federal Communications Commission filings and are expected to reach consumers as early as next week. They do not represent a new […]

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Kandou AI raises $225 million to bet that copper can outlast the optical revolution

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Kandou AI, a Swiss semiconductor company that builds chip-to-chip interconnect technology, has raised $225 million in what it calls a Series A round, led by Maverick Silicon with strategic participation from SoftBank, Synopsys, Cadence Design Systems, and Alchip Technologies. The round values the company at $400 million. The label is worth pausing on: Kandou was […]

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Meta grants executives up to $921 million in stock options on the same day it lays off 700 workers

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Meta disclosed in SEC filings on Tuesday that it had granted stock options to six of its most senior executives, the first such awards since the company’s 2012 IPO. Hours later, it laid off approximately 700 employees across Reality Labs, recruiting, sales, and Facebook. The options are worthless unless Meta’s market capitalisation reaches $9 trillion […]

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OpenAI backs a nine-month-old startup building swarms of AI agents at a $650 million valuation

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Isara, a San Francisco startup that is building software to coordinate thousands of AI agents on complex analytical tasks, has raised $94 million at a $650 million valuation, with OpenAI among the investors. The company was founded nine months ago by two 23-year-olds. It has no product in market. The round was first reported by […]

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London’s Granola raises $125M to turn meeting recordings into enterprise AI infrastructure

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Granola, the London-based AI meeting app that records conversations without dropping a bot into the call, has raised $125 million in a Series C round led by Danny Rimer at Index Ventures, with participation from Mamoon Hamid at Kleiner Perkins. The round values the company at $1.5 billion, a sixfold increase from its $250 million […]

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Meta cuts hundreds more jobs across Reality Labs, recruiting, and sales as AI spending doubles

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Meta began cutting hundreds of jobs on Wednesday across Reality Labs, Facebook, recruiting, sales, and global operations, according to people familiar with the matter and LinkedIn posts from affected employees. The layoffs are the latest in a rolling series of workforce reductions that have accelerated sharply in 2026, as the company redirects resources toward artificial […]

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Origin raises $30M Series A+ to give multinationals visibility into a benefits budget

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The London startup, founded by the team behind Darwin, acquired by Mercer in 2016, has built an AI platform that ingests fragmented global benefits data from PDFs, insurance contracts, and vendor portals into a single intelligence layer. Notion Capital led the round; HSBC Innovation Banking UK also contributed growth financing. One CFO told Origin’s CEO […]

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