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The Big Four bill by the hour. Andera just raised $37M to let AI do the audit.

Audit is the part of corporate life almost no one thinks about, and almost everyone pays for. Public companies spend thousands of hours a year collecting evidence, testing controls and writing it all up. Most of it is done by hand, in Excel, much the way it was in 2002. Andera wants to hand that […]

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Rejected by 180 investors, Bland just raised $50M to prove voice AI is the future

Isaiah Granet spent three weeks at Y Combinator getting turned down by 180 investors. Their reason was always the same: phone calls would not exist in a year. He has now raised more than $100mn to prove them wrong. His startup, Bland, has closed a $50mn Series C led by Dell Technologies Capital, Fortune reported. […]

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US court rules Ohio can restrict children’s use of social media

Ohio can require social media companies to get a parent’s permission before letting children under 16 onto their platforms, a US appeals court ruled on Thursday, reviving a law the tech industry had managed to freeze. The decision from the Cincinnati-based 6th US Circuit Court of Appeals overturns a lower court that had blocked the […]

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FERC orders a fast lane for data centre grid connections, but the electricity to fill them is another matter

The Federal Energy Regulatory Commission on Thursday ordered six major grid operators to fast-track interconnection requests from data centres and other large electricity users. Under the directive, approved unanimously, grid operators must demonstrate that data centres are “able to connect to the transmission system in a timely and orderly manner.” Data centres will be responsible for paying […]

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Nvidia-backed Verse raises $54M to help AI data centres skip the power queue

For years, the scarce resource in AI was chips. Now it is power. Verse Enterprises wants to unblock that bottleneck. The San Francisco startup has raised an oversubscribed $54mn Series B. Bessemer Venture Partners led the round. GV, Nvidia and Norrsken VC also took part. The race to AI is now a race to power […]

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Architect Labs raises $24M to let any company design its own AI chip

Designing a chip is hard. It takes years, hundreds of millions of dollars, and a tiny pool of experts. Most of them sit inside a few large companies. Architect Labs wants to change that with AI. The Palo Alto startup left stealth on Thursday with a $24mn seed round. Its plan is to build an […]

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Gradial raises $65M to be the ‘AI glue’ for enterprise marketing

Every software company is racing to bolt an AI agent onto its own product. Gradial is betting the real money is in the gaps between them. The Seattle startup has raised $65mn in Series C funding to build what it calls an operating system for marketing: a layer of AI agents that execute work across […]

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‘It’s literally the gulag’: inside the revolt at Meta’s AI unit, where elite engineers were drafted to label data

It takes a particular kind of dysfunction for an employee to hijack a company-wide livestream and demand the hosts pass a message to a senior executive: that he is, in not so many words, garbage. That happened inside Meta this month. According to a recording heard by WIRED, the outburst, on a call open to […]

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Accenture had its worst stock day ever on fears AI is eating consulting. Hours earlier, it spent $4.18bn trying to escape that.

Accenture had the worst day in its history on the stock market on Thursday, and the reason cuts to the heart of the AI era: investors increasingly fear that AI will hollow out the consulting business itself. Shares fell as much as 20 per cent, the company’s worst one-day drop on record, after it forecast […]

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Accenture had its worst stock day ever on fears AI is eating consulting. Hours earlier, it spent $4.18bn trying to escape that. Read More »

The ‘godfather of AI’ called xAI a failure and warned of a bubble. He’s also selling the alternative.

Yann LeCun has never been quiet about his doubts, and his latest target is one of the most valuable companies on earth. Elon Musk’s xAI is “kind of a failure” that will not be able to compete on the frontier with OpenAI and Anthropic, LeCun, the founder of AMI Labs and a former chief AI […]

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The ‘godfather of AI’ called xAI a failure and warned of a bubble. He’s also selling the alternative. Read More »

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