AI coding assistant Cursor surpasses $2 billion in annualized revenue, with its run rate doubling in just three months, as corporate clients now account for 60% of its business amid fierce competition in the booming AI-assisted development market.
OpenAI launches GPT-5.4, its most powerful frontier model yet, boasting 1 million token context, enhanced reasoning, and cutting-edge computer-use capabilities, as rival Anthropic closes the revenue gap with $19 billion ARR versus OpenAI's $25 billion.
Cursor launches AI automation agents that respond in real time to Slack messages, GitHub PRs, PagerDuty incidents, and more, enabling always-on workflows for code reviews, incident response, and routine engineering tasks.
Cursor launches 'always-on agents,' continuously running AI systems that integrate with Slack, GitHub, and PagerDuty to autonomously handle software development tasks like security checks, incident response, and bug triage — a bold move to outpace rivals like Anthropic and OpenAI.
Oracle is planning to cut thousands of jobs across multiple divisions as soon as this month, driven by a cash crunch stemming from its massive AI data center expansion, with some roles being eliminated due to AI advancements reducing the need for certain positions.
SRAM-centric AI chips are challenging GPU dominance as NVIDIA's $20B Groq IP licensing deal and Cerebras's 750 MW OpenAI partnership signal a major shift toward faster, lower-latency accelerators purpose-built for AI inference workloads.
Cluely CEO Roy Lee confesses his $7M ARR figure shared with TechCrunch was a lie, then compounds the scandal by falsely claiming the interview was unsolicited — contradicting records showing his own PR team proactively pitched it.
Arm's technology, found in 99% of smartphones worldwide, is revolutionizing on-device AI by bringing real-time generative features like creative style transfer at 30 frames per second to mid-range and entry-level devices, with a TECNO collaboration and KleidiAI optimizations delivering 30% faster AI compute across all price ranges.
Google rolls out Canvas in AI Mode to all U.S. users, a powerful new Search feature that lets people build real-time prototypes, interactive tools, and custom dashboards directly within Search using live web data and conversational follow-ups.
Google's NotebookLM launches Cinematic Video Overviews today, using Gemini, Nano Banana Pro, and Veo 3 AI models to generate immersive, personalized videos from user content, available exclusively to Google AI Ultra subscribers aged 18 and older.