Latest News, Updates & Breaking Headlines
Anthropic’s chief financial officer Krishna Rao says artificial intelligence now writes 90% of the company’s code, but still the AI giant is hiring more people than ever. According to a report by Business Insider, speaking on Patrick O’Shaughnessy’s Invest Like the Best podcast, Rao explained how AI is transforming white-collar work inside one of Silicon…
BENGALURU: Urban Company’s push into instant domestic services dragged the company deeper into losses in the March quarter, as the home services platform ramped up spending to compete with fast-growing rivals such as Pronto and Snabbit in the emerging category.The Gurugram-based company reported a consolidated loss of Rs 161 crore for the March quarter, compared…
Dell CEO Michael Dell recently announced to move the company’s base from Delaware to Texas. Sharing an official press release, the company said that its “Board of Directors has unanimously approved changing the jurisdiction of Dell Technologies’ state of incorporation from Delaware to its home state of Texas”. This “redomestication” of Dell is likely to…
Jer Crane, founder of PocketOS recently shared how an AI coding agent using Anthropic’s Claude Opus 4.6 deleted his company’s entire production database and backups in just nine seconds. The startup, a SaaS platform that services car rental businesses, he said uses AI coding agent Cursor. Crane narrated the entire 30-hour timeline of the incident…
Starbucks has reportedly announced job cuts in its technology teams. According to an internal communication sent to employees (seen by The Seattle Times), the company noted that it is laying off staff as part of a restructuring of its technology organisation. This week, the company informed the laid-off employees that the report noted. There had…
Denise Dresser, OpenAI’s chief revenue officer, took direct aim at Anthropic in an internal memo sent to employees over the weekend—calling out its rival’s revenue accounting, compute strategy, and company philosophy in unusually blunt terms. The memo reads less like a strategic briefing and more like a case built against a courtroom opponent, dedicating significant…
George Hotz, the first person to ever unlock an iPhone, has a message for everyone panicking about Anthropic’s new AI model Mythos: calm down. In a LinkedIn post, Hotz—who famously cracked Sony’s PlayStation 3 and now runs self-driving car startup comma.ai—said he could find zero-days cheaper and faster than Mythos if not for bug bounty…
SAP CEO Christian Klein has warned employees that the company’s shift to artificial intelligence will not be easy, saying it could be as difficult as its earlier transition to cloud computing. Klein made the remark as SAP continues to reshape its business for the AI era, amid growing pressure from investors and rapid changes in…
Google DeepMind CEO Demis Hassabis says his AI lab clawed its way back to the frontier over the past two to three years by doing something counterintuitive for a unit inside a $2 trillion company—acting like a startup. Speaking on the 20VC podcast with Harry Stebbings, Hassabis described a deliberate cultural and structural reset after…
Meta is aggressively pushing an AI-native vision, with CEO Mark Zuckerberg directing engineers to restructure codebases for AI agents. The company tracks employee AI usage, including massive token consumption costing millions monthly. Teams are reorganised into AI ‘pods,’ and ambitious goals are set for AI-assisted coding, though some question the focus on usage over actual…
