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Pit launches in Stockholm with $16M to build custom AI-native software for enterprise operations

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The Voi co-founder, Adam Jafer, is the chief executive. Lakestar joined a16z on the round, with strategic angels from OpenAI, Anthropic, Google, Deel, and Revolut. Early customers, including Voi, Tre, Stena Recycling, and Kry, are reporting deployment timelines of days to weeks. Pit, a Stockholm-based AI-native software platform for enterprise operations, has launched publicly with […]

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Google’s AI Overviews killed 58 per cent of publisher clicks. Now it is adding a ‘Further Exploration’ section to bring some back.

Digital Marketing, Google, Next Featured, SEO Tips, Technology /

Google has a publisher problem. AI Overviews, the AI-generated summaries that now appear at the top of search results for a growing share of queries, have been correlated with a 58 per cent reduction in click-through rates to the websites whose content those summaries are built on. Penske Media has filed an antitrust lawsuit. The […]

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Google’s AI Overviews killed 58 per cent of publisher clicks. Now it is adding a ‘Further Exploration’ section to bring some back. Read More »

Snap lost a 400 million dollar AI deal, 20 million dollars a month to the Iran war, and 24 per cent of its stock price. The AR glasses had better work.

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Snap reported first-quarter earnings on Tuesday that should have been unremarkable: revenue up 12 per cent to 1.53 billion dollars, adjusted EBITDA more than doubled to 233 million dollars, free cash flow nearly tripled to 286 million dollars. The stock fell four per cent. The reason was not in the numbers Snap reported but in […]

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Snap lost a 400 million dollar AI deal, 20 million dollars a month to the Iran war, and 24 per cent of its stock price. The AR glasses had better work. Read More »

Ukraine says robots seized enemy territory for the first time. The company behind them is now worth a billion dollars.

Digital Marketing, Insider, Next Featured, robots, SEO Tips, Technology /

In April, Ukrainian President Volodymyr Zelensky announced that his forces had, for the first time in the history of warfare, seized an enemy position using only unmanned systems. No infantry. No human soldiers entering the contested ground. Drones and ground robots identified the target, suppressed defensive fire, and captured the position without a single Ukrainian […]

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Ukraine says robots seized enemy territory for the first time. The company behind them is now worth a billion dollars. Read More »

Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company.

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Uber missed its revenue estimate on Tuesday. The stock jumped 10 per cent. The divergence between the number Wall Street expected and the number the market rewarded tells the story of a company that has crossed a threshold: Uber is no longer being priced as a ride-hailing business that also delivers food. It is being […]

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Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company. Read More »

The UAE’s AI champion just leased a converted Minneapolis office. The irony writes itself.

Deep tech, Digital Marketing, Next Featured, SEO Tips, Technology, United States /

The building at 1001 Third Avenue South in downtown Minneapolis used to be an office. Now it is a data centre, and its anchor tenant is not a Silicon Valley hyperscaler but Core42, the cloud and AI infrastructure subsidiary of Abu Dhabi’s G42 Group. The lease, reported by Bloomberg on Wednesday, covers 20 megawatts of […]

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The UAE’s AI champion just leased a converted Minneapolis office. The irony writes itself. Read More »

Google is not building a consultancy. It is writing a licensing agreement. That may be the smarter play.

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OpenAI built a ten billion dollar consulting company. Anthropic built a 1.5 billion dollar consulting company. Google is writing a licensing agreement. The difference in approach may determine which AI lab captures the largest new enterprise distribution channel to emerge since the birth of cloud computing itself: the portfolio companies of the world’s biggest private […]

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Google is not building a consultancy. It is writing a licensing agreement. That may be the smarter play. Read More »

Supreme Court refuses to pause the order holding Apple in contempt in the Epic case

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Justice Elena Kagan denied Apple’s emergency stay application on Wednesday on behalf of the court, declining to refer the request to the full bench. Apple now returns to Judge Yvonne Gonzalez Rogers in Oakland to argue over what commission, if any, it can lawfully charge on external-link app purchases. The US Supreme Court on Wednesday […]

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Anthropic raises Claude Code and Opus API rate limits, citing SpaceX Colossus 1 deal

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Claude Code’s five-hour rate limits double across Pro, Max, Team, and seat-based Enterprise plans from Tuesday, with peak-hours throttling removed for Pro and Max. The capacity behind the change is a new Anthropic agreement to take all of SpaceX’s Colossus 1 data centre. Anthropic raised the rate limits on Claude Code and the Claude Opus […]

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Ethos lands $22.75m Series A to fix what AI broke about hiring

Affiliate Marketing, Artificial Intelligence, Digital Marketing, Investors and funding, Next Featured, SEO Tips, Technology /

The London-based AI expert-matching platform, founded by ex-DeepMind and ex-McKinsey alumni, is being valued at the moment hiring is becoming the part of the labour market AI has most visibly degraded. Andreessen Horowitz now leads the round; General Catalyst, the seed lead, is back in. Generative AI has, in the space of about 30 months, […]

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