AI Insurance Startup Corgi Doubles Valuation To $2.6 Billion In Weeks

Welcome to the frenzied world of AI, where a two-year-old startup founded by a 26-year-old can have a company-owned dog, run a 24-hour cafe and raise $106 million about a month after becoming a unicorn.

AI Coding Power Users Are Churning Out 46X More Code Than The Rest

The 10x engineer is dead. With AI, the most prolific engineers are churning out 46X more code than the rest, according to a new report from Cursor

Leaks reveal US authorities concerned about the rise of ‘anti-tech extremists’ as AI data center issues become increasingly contentious — critics say this could lead to surveillance, criminalization of peaceful opposition

A leaked report showed the various law enforcement agencies are warning about protests against data centers and AI, saying that these could lead to the rise of “anti-tech extremists” and lead to widespread violence and unr…

RSI is the new AGI — and it’s just as hard to pin down

A new crop of AI labs are focused on recursive self-improvement — but the goal is proving elusive.

Morgan Stanley doubles its forecast: European banks could shed 20% of jobs on AI
Morgan Stanley doubles its forecast: European banks could shed 20% of jobs on AI

The May estimate is twice the bank’s January figure, and the workforce cuts are already happening at UBS, ABN Amro and HSBC. Morgan Stanley has doubled its forecast for AI-driven job losses across the European banking sector, estimating that as much as…

Wix is cutting 20% of its workforce as a strong shekel and AI competition squeeze the website builder from both sides
Wix is cutting 20% of its workforce as a strong shekel and AI competition squeeze the website builder from both sides

Wix is laying off approximately 1,000 employees, roughly 20% of its workforce, in the largest round of cuts in the company’s history. CEO and co-founder Avishai Abrahami announced the decision on 28 May in a message posted publicly on X and sent simult…

Meta is about to overtake Google as the world’s biggest advertising company
Meta is about to overtake Google as the world’s biggest advertising company

Meta is on track to dethrone Google as the world’s largest digital advertising business by the end of 2026, according to Emarketer. The market research firm projects Meta’s global net ad revenues will reach $243.46 billion this year, edging past Google…

Why healthcare’s AI future requires patient leadership
Why healthcare’s AI future requires patient leadership

Artificial intelligence is entering healthcare at a pace that, according to Donna R. Cryer, risks outpacing the governance structures needed to support it responsibly. Cryer believes hospitals, payers, pharmaceutical companies, and digital health organ…

Mistral’s Arthur Mensch directly rebuts Pope Leo on AI in warfare
Mistral’s Arthur Mensch directly rebuts Pope Leo on AI in warfare

Three days after the Vatican called for AI to be ‘disarmed’, the Mistral CEO defended his company’s defence-AI work, arguing Europe cannot afford unilateral restraint. Arthur Mensch, the chief executive of French AI startup Mistral, pushed back directl…

The AI Hype Index: AI gets booed in graduation season

It is one thing to say AI will change the world. It is another to expect the class of 2026 to applaud it. In fact, when former Google CEO Eric Schmidt told University of Arizona graduates that their task is to help shape AI, he was met with a resounding chorus of boos. “I can…