Four cofounders of popular AI coding tool Cursor are now billionaires
The startup nabbed a $29.3 billion valuation in a $2.3 billion funding round Thursday, minting its four 20-something founders as billionaires.
AI
AI is running out of data. So, who benefits next?
Australia is running out of the human data that powers AI, and companies are already building systems to monetise the behavioural signals that remain. The risk is simple: institutions capture the value while consumers and the country miss out, writes Cam Partridge.
What AI is doing to our brains: Smarter, dumber or just evolving?
A 2025 MIT study found that using generative AI boosts productivity but reduces memory and cognitive engagement, with brain connectivity dropping by up to 55%. Yet, Nature Neuroscience research shows mindful use can enhance cognitive flexibility.
Napster said it raised $3 billion from a mystery investor. Now the ‘investor’ and ‘money’ are gone
Forbes raised questions about a massive funding round metaverse-turned-AI firm Napster supposedly raised in January. The money is never coming, the company said Thursday.
The Australian influencer couple seeking 7-figure cheque to turn AI ‘pink’
High-school-sweethearts-turned-startup-founders Scarlett Frazer and Iestyn Thomas are headed to Silicon Valley to raise funds in a bid to prove the future of AI is feminine.
This startup is racing Duolingo to replace human language tutors with AI
Founded by former Thiel fellows, AI language tutoring app Speak started its journey in Seoul, South Korea. But as it enters the U.S. market, it’ll have to compete with better-known rivals like Duolingo.
The golden rule driving Nick Mowbray’s multibillion-dollar Zuru empire
Nick Mowbray still describes ZURU’s early years in three words: eat, survive, repeat.
Why Sam Altman won’t be on the hook for OpenAI’s massive spending spree
OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.
Threads passes X in key monthly metric for first time in Zuckerberg vs. Musk battle
Threads surpassed X in daily active users on mobile devices worldwide for the first time by a razor-thin margin late September, though now Threads has since extended its lead by millions of users.
The world’s youngest self-made billionaires are a trio of 22-year-old AI founders
With a new $10 billion valuation for their AI recruiting startup Mercor, the founders are the youngest tech billionaires ever.