VCs say some AI startups, under pressure to show rapid ARR growth, are using questionable accounting practices like counting one-time deals as recurring revenue
Allie Garfinkle / Fortune :
SoftBank plans Vision Fund layoffs; sources: nearly 20% of staff will be impacted as SoftBank shifts resources to Masayoshi Son's large-scale AI bets in the US
- Vision Fund shifts focus to support AI ambitions of founder Masayoshi Son — Son's strategy returns to high-risk, high-reward investments
Blockchain-based lender Figure upsizes its Nasdaq IPO and now plans to sell 31.5M shares priced between $20 and $22, aiming to raise up to ~$693M, up from $526M
Stablecoin issuer Figure Technologies on Tuesday increased the size and raised the price range of its initial public offering …
Metaverse startup Infinite Reality, which claims a $15B+ valuation, told shareholders it is rebranding as Napster, an “AI-powered digital experiences” provider
Florida-based metaverse startup Infinite Reality, which claimed to have raised one of this year's largest funding rounds …
Microsoft unveils AI agents Sales Agent and Sales Chat that connect to Dynamics 365 business apps and Salesforce, available in public preview from May 2025
Microsoft announced two AI agents for sales that double as a competitive response to Salesforce in an area where both companies are placing big bets.
Google rolls out an experimental AI Mode in Google Search, designed to let users ask complex, multi-part questions, to Google One AI Premium subscribers
and you should be, too YouTube : Google AI Mode - The Future Of Google Search? Chris McKay / Maginative : Google Introduces “AI Mode” in Search, Expanding AI Overviews with Gemini ...
Meta announces a $50M creator fund for Horizon Worlds; CTO Andrew Bosworth reportedly told staff that 2025 is a make-or-break year for Meta's XR ambitions
they are making a long-term play. rather than put money into supporting VR for adults, productivity, etc. — they're investing in a generation that will have *grown up* with VR X: ...