May 29, 2026Twila Rosenbaum
Cognition AI has raised over $1 billion in new funding at a $26 billion valuation for its AI coding agent Devin. Revenue run rate grew 13-fold from $37 million to $492 million in 12 months. Customers include Goldman Sachs, NASA, and Mercedes-Benz. The company claims more than 90% of its own code is now written by Devin.
View more
May 29, 2026Twila Rosenbaum
Meta is selling subscriptions to its AI chatbot for the first time, launching Meta One Plus at $7.99/month and Meta One Premium at $19.99/month. The initial rollout covers Singapore, Guatemala, and Bolivia, with plans for global expansion. Free users will face usage caps on advanced features, while paid tiers unlock unlimited image generation, video creation, and extended reasoning. The move is part of Meta's broader strategy to diversify revenue beyond advertising, as it invests heavily in AI infrastructure.
View more
May 29, 2026Twila Rosenbaum
Anthropic has launched Claude Opus 4.8, an AI model upgrade that is four times less likely to let code flaws slip through. The company also unveiled Mythos-class models under Project Glasswing, which have already discovered over 10,000 critical software vulnerabilities. Meanwhile, Anthropic announced a massive $65 billion Series H round at a $965 billion post-money valuation, signaling rapid growth.
View more
May 29, 2026Twila Rosenbaum
Morgan Stanley has revised its prediction for AI-driven job losses in European banking, now estimating that 20% of positions could be eliminated by 2030. The updated figure, double the January projection, reflects accelerated adoption of generative AI tools and real-world examples from major banks like UBS, HSBC, and ABN Amro. The shift emphasizes recomposition rather than flat reductions, with demand for data engineers rising while traditional compliance roles decline.
View more
May 29, 2026Twila Rosenbaum
Wix is laying off approximately 1,000 employees, 20% of its workforce, marking the largest layoff in company history. CEO Avishai Abrahami cited the strengthening Israeli shekel and the need to reorganize around AI-native roles. The stock has plunged over 50% in 2026 after a disappointing Q1 earnings report. The cuts reflect a broader trend of AI-driven layoffs across the tech industry.
View more
May 28, 2026Twila Rosenbaum
The insurance industry faces unprecedented complexity from legacy systems, data silos, and evolving customer expectations. This on-demand webinar reveals how integrating artificial intelligence with an agility layer can transform operations, reduce costs, and improve decision-making. Learn from industry experts about real-world applications in underwriting, claims, and customer engagement that drive clarity and competitive advantage.
View more
May 28, 2026Twila Rosenbaum
The AI & Big Data Expo North America 2026 returns as a premier event for enterprise technology professionals. This year's conference highlights the convergence of generative AI, advanced analytics, and scalable data infrastructures. Attendees can expect keynotes from industry leaders, practical workshops, and ample networking opportunities. The expo is a must-attend for organizations aiming to harness data-driven innovation.
View more
May 28, 2026Twila Rosenbaum
This webinar recap dives into the evolving landscape of AI-powered content management platforms. From personalized content delivery to automated workflows, discover what buyers need to know. The session highlighted key features like predictive analytics, natural language processing, and seamless integrations. Industry experts shared insights on how AI is transforming digital experiences.
View more
May 28, 2026Twila Rosenbaum
A new privacy policy outlines how websites use cookies to store device information, enhance browsing, and display personalized ads. The policy details consent options and their impact on features. This article breaks down the key points and implications for users.
View more
Your experience on this site will be improved by allowing cookies
Cookie Policy
These cookies are essential for the website to function properly.
These cookies help us understand how visitors interact with the website.
These cookies are used to deliver personalized advertisements.
