Perplexity surges 50% in a single month to hit $450M ARR, powered by a bold pivot from AI search to autonomous AI agents, while boasting 100 million monthly users — though it still trails rivals like OpenAI at $20B and Anthropic at $19B in annual revenue.
A shocking new survey of 2,400 C-suite leaders reveals 60% of companies plan to fire AI-resistant employees while creating an 'AI elite' class, even as only 29% report significant gains from generative AI — raising urgent questions about whether mass layoffs are a desperate financial shortcut rather than a genuine …
Thousands of gig workers in Nigeria, India, and Argentina are strapping iPhones to their foreheads to record household chores, feeding a booming data industry that trains humanoid robots for companies like Tesla — but experts and privacy advocates are sounding alarms over how this intimate footage is stored, shared, and …
Investors are now demanding full AI-driven operational overhauls before funding companies, shifting focus from surface-level AI features to evidence that entire business models are being rebuilt around artificial intelligence as foundational infrastructure.
A new Gartner study warns that by 2028, more than half of enterprises will abandon AI copilots in favor of autonomous agentic platforms capable of executing workflows directly, signaling a major shift in how businesses deploy artificial intelligence.
By 2028, over half of enterprises will ditch AI copilots for autonomous agents capable of executing workflows independently, according to a new Gartner prediction, with software companies that fail to adapt facing up to 80% margin compression by 2030.
AI recruiting giant Mercor, valued at $10 billion and serving OpenAI, Anthropic, and Meta, confirms a major data breach after hacking group TeamPCP planted malicious code in open-source AI library LiteLLM, with notorious extortion group Lapsus$ now claiming to hold 4TB of stolen data including source code, database records, and …
Box launches Box Agent, a generally available AI tool enabling enterprise users to query and act on company data using natural language across OpenAI, Google, and Anthropic models, with a guarantee that sensitive enterprise data never leaks back into the underlying AI systems.
Sandisk drops 26% amid fears over Google's TurboQuant compression algorithm, but with Q2 data center sales surging 64% quarter-over-quarter, margins projected at 65-67%, and a $671 price target suggesting 17-18% undervaluation, analysts say the sell-off is overblown and the stock presents a strong buying opportunity.
Anthropic launches a Compliance API for the Claude Platform, giving organization admins programmatic access to audit logs that track user activity and configuration changes, though model inference and direct Claude interactions remain unlogged.