The U.S. is far ahead of Europe in the race for large AI models — but the picture is different for the application layer, with emerging category leaders such as Lovable and Synthesia. That’s the conclusion made by global VC firm Accel in its 2025 Globalscape report, which focuses on the AI and cloud market….
There’s a moment backstage at Web Summit when a member of the production crew — easily twice the size of Laurent Mekies — wraps a beefy arm around the Oracle Red Bull Racing CEO’s shoulder and steers him toward the soundboard to retrieve his phone for a selfie. Most executives leading 2,000-person organizations would bristle…
Meta may be about to lose one of its most renowned AI heads: Yann LeCun, a chief AI scientist at the company, is planning to leave the company to build his own startup, the Financial Times reported, citing anonymous sources. LeCun, a professor at New York University, senior researcher at Meta, and winner of the…
The European Commission is stepping up efforts to bolster the security of Europe’s telecommunications networks by urging member states to phase out equipment from vendors such as Chinese tech giants Huawei and ZTE from its 5G and next-gen networks, Bloomberg reported, citing anonymous sources. The EC had in 2020 recommended that member nations stop using…
Israeli AI agent startup Wonderful has raised $100 million in a Series A round led by Index Ventures, with participation from Insight Partners, IVP, Bessemer, and Vine Ventures. The large round, in a market already crowded with AI agent startups, suggests Wonderful has convinced top tier investors it’s not just another GPT wrapper, but a company building the infrastructure and orchestration that could scale if…
For all their pitches promising something new, AI startups share many of the same questions as startups in years past: How do they know when they’ve achieved the holy grail of product-market fit? Product-market fit has been studied extensively over the years; entire books have been written about how to master the art. But as…
In 2023, after nearly three decades as CEO of the company he founded, Robert LoCascio stepped down as CEO of LivePerson, the public firm credited with pioneering web chat in 1997. Generative AI advances inspired his next project, which he calls “the highest bar” for the technology: replicating human beings with their life stories and…
Masayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with brow-raising bets, each one seemingly more outrageous than the last. His latest move is to cash out his entire $5.8 billion NVIDIA stake to go all-in on AI, and while it surprised the business world on Tuesday, it maybe should…
Google announced its November software update for Pixel phones, called Pixel Drop — a quarterly feature release that brings new capabilities to existing devices — with features including notification summaries, a power-saving mode for the Maps app, prompt-based edits for Photos, and Gemini Nano-powered photo edits in Messages. Apple introduced notification summaries with its Apple…
Threads, Meta’s competitor to X, will now begin targeting a specific type of creator: podcasters. The company said on Tuesday that Threads will focus on bringing more discussions around podcasts to its app and helping creators promote their shows. Initially, Threads will roll out a couple of new features to help on this front. For…
