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UAE To Exit OPEC After Nearly 60 Years Read More »
The new name unifies what was previously fragmented across Freepik (stock assets), Magnific (AI upscaling), and several other products. One million paying subscribers. 250 enterprise customers, including BBC, Puma, and Amazon Prime Video. CEO Joaquín Cuenca has never taken outside investment. The company is profitable. Freepik, the Málaga-founded AI creative platform, announced on Tuesday that […]
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Freepik rebrands as Magnific: a bootstrapped, profitable $230M ARR AI creative platform Read More »
The store is a permanent pilot, not a pop-up. If successful, it will be replicated in other markets. Spain is Revolut’s third-largest market globally. Last week the company’s IPO target valuation was up to $200 billion, with no listing before 2028. Revolut, Europe’s most valuable startup at $75 billion, is opening its first physical retail […]
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Revolut is opening its first physical store in Barcelona Read More »
Stop Trying to Unmask Satoshi Nakamoto Read More »
97% of Accenture employees report Copilot helped complete routine tasks up to 15 times faster. 89% monthly active usage among the 200,000-person cohort tested. Microsoft has over 450 million M365 enterprise users; only ~3% currently pay $30/month for Copilot. Its shares are down 12% this year. Microsoft is rolling out its Microsoft 365 Copilot AI […]
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Accenture deploys Microsoft 365 Copilot to all 743,000 employees Read More »
The Bloomberg Terminal Is Getting an AI Makeover, Like It or Not Read More »
Meta is preparing to unwind its approximately $2 billion acquisition of the agentic AI startup Manus after China’s National Development and Reform Commission formally ordered the deal’s cancellation on Monday, the Wall Street Journal reported, citing people familiar with the matter. Beijing has given Meta and Manus a preliminary deadline of several weeks to reverse […]
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Meta prepares to unwind its $2 billion Manus acquisition after China’s block Read More »
Some Musk v. Altman Jurors Don’t Like Elon Musk Read More »
Elon Musk Boosts New Yorker’s Sam Altman Exposé on X as Trial Begins Read More »
Both companies announced the revised agreement in a joint statement on Monday. Microsoft retains a non-exclusive licence to OpenAI’s intellectual property through 2032, remains the primary cloud partner, and keeps its 27% equity stake. OpenAI will continue paying Microsoft a revenue share through 2030, capped at a total amount. Microsoft shares fell ~3% on the […]
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Microsoft drops its exclusive licence to OpenAI’s technology Read More »