Why AI startups are selling the same equity at two different prices
As competition among AI startups heats up, founders and VCs are turning to novel valuation mechanisms to manufacture a perception of market dominance. Until recently,
Cursor has reportedly surpassed $2B in annualized revenue
The AI coding assistant Cursor has surpassed $2 billion in annualized revenue, according to a Bloomberg source. This individual says the four-year-old startup saw its
Polymarket saw $529M traded on bets tied to bombing of Iran
Prediction market users have made — and profited from — big bets around the bombing of Iran by the U.S. and Israeli military. On Polymarket,
The trap Anthropic built for itself
Friday afternoon, just as this interview was getting underway, a news alert flashed across my computer screen: the Trump administration was severing ties with Anthropic,
India disrupts access to popular developer platform Supabase with blocking order
Supabase, a popular developer database platform, is facing disruptions in India — one of its key markets — has been blocked in India, TechCrunch has
Plaid valued at $8B in employee share sale
Plaid, a company that connects financial applications to users’ bank accounts, enabling payments and data verification, has allowed employees to sell some of their shares
Salesforce CEO Marc Benioff: This isn’t our first SaaSpocalypse
Salesforce pulled out all the stops to convince investors that the AI revolution won’t be its death when it announced fourth-quarter earnings on Wednesday. Salesforce
India’s AI boom pushes firms to trade near-term revenue for users
Tech giants’ efforts to ramp up AI adoption in India may be about to hit a turning point, as companies end free promotions with hopes
Canva acquires startups working on animation and marketing
On Monday, creative suite maker Canva announced the dual acquisition of startups Cavalry, which works on animation, and Mango AI, which works on improving ad
Wispr Flow launches an Android app for AI-powered dictation
AI-powered dictation startup Wispr Flow has launched its Android app today. The company released its app for Mac and Windows first, then launched on iOS