Author: Editorial Desk

In a significant step toward transforming how tech teams manage outages and crises, Incident.io has raised $62 million in Series B funding, led by Insight Partners, with participation from existing investors like Index Ventures and Point Nine. This brings the company’s total funding to over $96 million. Founded in 2021 by former Monzo engineers Stephen Whitworth, Pete Hamilton, and Chris Evans, Incident.io is rethinking the very nature of incident management—with AI at the core. But why is this platform gaining traction with companies like Netflix, OpenAI, and Airbnb? And what does its rise signal for the future of operational resilience…

In a bold leap toward the future of engineering, Rescale, an AI-first simulation platform, has raised $115 million in Series D funding, led by tech titans including NVIDIA, Applied Materials, Y Combinator, and Hitachi. The announcement marks a pivotal moment in industrial design, where simulation speed and precision are critical to innovation. At the helm is CEO Joris Poort, who’s betting big on AI-accelerated physics, high-performance computing, and cloud-native design workflows. But what exactly does Rescale do—and why are investors like Sam Altman and Jeff Bezos backing it? Reimagining the Heart of Industrial R&D Engineering simulations are the backbone of…

The rise of Artificial Intelligence has sparked fears across industries—but few feel the pressure more than software developers. Are their roles becoming obsolete, or is this just the beginning of a smarter, more strategic era in tech talent? Todd McKinnon, CEO of identity and access management giant Okta, offers a confident answer: “There’s going to be more software engineers in the future than there are today.” Speaking to Business Insider, McKinnon compares today’s AI moment to the invention of compilers—once feared as job-killers, they instead supercharged developer productivity. But while optimism runs high at the top, job market data tells…

As financial markets accelerate toward full-scale digital transformation, a new AI-native player is rising fast—Rogo, a startup founded by Princeton data scientists, has just secured a $40 million funding round led by Thrive Capital, valuing the company at $350 million. But Rogo isn’t just another fintech firm. It’s building something far more fundamental: a domain-specific generative AI platform that promises to revolutionize financial operations through real-time insights, decision-making agility, and unprecedented efficiency. So, What Makes Rogo Different? At its core, Rogo is not a general-purpose AI tool. It’s tailored for the finance world, specifically engineered to assist investment teams, analysts,…

In a sobering new paper, Shane Legg, co-founder of Google DeepMind, has issued a warning that’s impossible to ignore: Artificial General Intelligence (AGI) could become a reality as soon as 2030. And with it may come not just innovation, but existential risk. AGI isn’t the AI we know today. It’s not ChatGPT or Alexa. It’s something far more powerful—and far more dangerous. What Exactly Is AGI—And Why Is It Different? Artificial General Intelligence refers to AI systems that can learn, think, adapt, and perform tasks across any domain—just like a human. Unlike narrow AI, which is built for specific tasks…

In a city often seen as the crossroads of cultures, Miami is now becoming the epicenter of a quiet revolution—one that merges artificial intelligence, WhatsApp, and workforce empowerment. At the heart of this transformation is Ponte Labor, a 2023 startup that is not just helping Hispanic immigrants find jobs—it’s reshaping the hiring experience entirely. Founded by Stephanie Murra Nader and Lorenza Velez, Ponte Labor has already onboarded over 60,000 workers and enabled 800+ successful placements, including roles at major employers like Hyatt Centric. And the best part? All of it is done through a simple WhatsApp interface. AI-Powered Hiring, No…

In a world increasingly driven by artificial intelligence, a new contender has entered the arena—one that promises not just smart responses, but emotionally aware interactions. Sesame, a voice AI startup founded in 2023 by Ankit Kumar, Brendan Iribe, and Ryan Brown, is raising eyebrows with its lifelike digital assistants, Maya and Miles. But what exactly sets Sesame apart in a crowded voice assistant market already dominated by the likes of OpenAI, xAI, Amazon Alexa, and Google DeepMind? Built on LLaMA, powered by Empathy At the heart of Sesame’s innovation is its decision to build on Meta’s LLaMA (Large Language Model…

Big news is pulsing through the medtech world—Resonant Link just appointed Omari Bouknight. Seasoned healthcare leader from Abbott, as its new CEO. And this isn’t just a leadership shuffle—it’s a signal that wireless innovation in medical implants is about to hit the fast lane. Untethered. Unstoppable. Unmatched. Imagine a future where patients no longer need to be “plugged in” to charge their implantable devices. That future is now closer than ever. “This changes everything for patients—smaller, smarter, longer-lasting devices with no more tethered charging,” Bouknight said in an exclusive conversation just before the official announcement. At Resonant Link, the mission…

What happens when one of the world’s most influential e-commerce platforms declares that AI comes before people? Shopify just gave us the answer. In a bold internal memo, CEO Tobi Lütke told employees that before making any new hire, teams must prove that AI can’t do the job better. This isn’t just a hiring freeze—it’s a full-scale mindset shift that positions Shopify as a frontrunner in the AI-enabled future of work. From Workforce Cuts to AI-Fueled Culture The announcement follows Shopify’s 20% workforce reduction in 2023 and the sale of its logistics arm Deliverr—moves that many saw as cost-cutting. But…

What happens when a fintech infrastructure giant doubles down on AI, scalability, and strategic liquidity—all in one move? Plaid just answered that question by announcing a massive $575 million raise, led by Franklin Templeton, with participation from Fidelity Investments, NEA, and Ribbit Capital. The funding round brings Plaid’s valuation to $6.1 billion—a noticeable drop from its $13.4 billion peak in 2021, but a clear sign of strategic evolution rather than contraction. More Than a Downround—A Smart Liquidity Play Rather than frame this as a step down, Plaid is redefining what a downround can mean in today’s market. According to CEO…