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What's happening in the industry? (242)
We follow AI, search and digital marketing news and add our own reading.
Claude Fable 5.1 launches; Mythos 5.1 stays restricted
Anthropic announced Fable 5.1 and Mythos 5.1 on September 1. They are the same model with different safeguards and access.
Read News · Ads 1 min readChatGPT ads hit a $1 billion annual run rate in under 200 days
On August 31 OpenAI said ChatGPT ads had reached a $1 billion annualised run rate. Ads Manager opened in Europe the same day.
Read News · Funding 1 min reada16z raises a $1.1 billion fund for the physical side of AI
Andreessen Horowitz's Machine Age Fund will back hardware, from chips, memory, networking and storage up to data centers, robotics and home AI devices.
Read News · Payments 1 min readCoinbase x402: AI agents made 14 million payments in 30 days
Nearly all of them were in USDC. By late August the protocol had passed 205 million agent transactions and $53 million in volume.
Read News · Models 1 min readAsk Gemini arrives in Google Chat as a single command line
Rolling out from August 26, it is limited for now to accounts set to English. Usage limits are promotionally higher until October 1.
Read News · Funding 1 min readAI agent Instinct, built by a 23-year-old, hits $2.5 billion
Instinct, which works through a user's apps, texts and calls, raised $250 million. Its broad permissions drew criticism.
Read News · Infrastructure 1 min readNvidia reports $96.2 billion in quarterly revenue
Nvidia's revenue more than doubled in a year. Jensen Huang's summary: "Now, compute is revenue."
Read News · Funding 1 min readSalesforce's Agentforce passes $1.5 billion in ARR
Agentforce ARR grew more than 240% in a year, while Salesforce as a whole grew 11%.
Read News · Infrastructure 1 min readEmerald AI raises $150 million for grid-flexible data centers
Its software adjusts how much power an AI data center draws based on grid conditions. The Series A values Emerald AI at $1.05 billion.
Read News · Infrastructure 1 min read3.2 GW power contract for an OpenAI data center nears decision
The Effingham County contract terms are trade secrets, and one commissioner said its scale is far larger than usual.
Read News · Payments 1 min readRevolut builds a research unit around its own model, PRAGMA
Revolut announced Revolut Research on August 25. PRAGMA improved fraud recall by 64.7% over its own specialist models.
Read News · Funding 1 min readStability AI raises $76 million, backed by major music groups
The $76 million Series B includes Universal, Sony and Warner's music groups, Electronic Arts and AMD Ventures.
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