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AI spend per employee slumped at top firms in August — summer doldrums or a warning sign?

The adoption of AI tools by businesses slowed in August, according to spending data at 70,000 companies collected by the payments company Ramp. The latest survey shows 56% of Ramp customers paid for AI products in August, rising just 0.4% from the month before. This isn’t the first time Ramp’s metrics have shown adoption slowing

AI spend per employee slumped at top firms in August — summer doldrums or a warning sign? Read More »

Euno, whose platform reconstructs data flow, meaning, health, and more across data environments to give agents context, raised a $23M Series A led by N47 (Chris Metinko/Axios)

Featured Podcasts Big Technology Podcast: Apple’s Most Ambitious Roadmap Ever? + OpenAI vs. Google vs. Anthropic Revisited The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators. Subscribe to Big Technology Podcast. Sources: Mark Zuckerberg on Muse, Meta’s biggest AI bet yet Candid conversations

Euno, whose platform reconstructs data flow, meaning, health, and more across data environments to give agents context, raised a $23M Series A led by N47 (Chris Metinko/Axios) Read More »

Legal AI startup Harvey raised $550M co-led by Lightspeed and Diffusion at a $15.6B valuation, up from an $11B valuation when it raised $200M in March (Rebecca Torrence/Bloomberg)

Rebecca Torrence / Bloomberg: Legal AI startup Harvey raised $550M co-led by Lightspeed and Diffusion at a $15.6B valuation, up from an $11B valuation when it raised $200M in March  —  Legal tech startup Harvey is now valued at $15.6 billion after raising $550 million in a new funding round aimed at powering efforts to

Legal AI startup Harvey raised $550M co-led by Lightspeed and Diffusion at a $15.6B valuation, up from an $11B valuation when it raised $200M in March (Rebecca Torrence/Bloomberg) Read More »

Suno rolls out v6, a new line of AI models trained in partnership with WMG and BMG, and says it will pay labels and publishers royalties when models are used (Bloomberg)

Featured Podcasts Sources: Mark Zuckerberg on Muse, Meta’s biggest AI bet yet Candid conversations with the leaders shaping what’s next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade. Subscribe to Sources. Lenny’s Podcast: How we built Grok Bot in a month |

Suno rolls out v6, a new line of AI models trained in partnership with WMG and BMG, and says it will pay labels and publishers royalties when models are used (Bloomberg) Read More »

Google plans to invest €13B in Finland, its biggest investment in Europe to date, over two years to build three new data centers and expand an existing center (Kirsi Heikel/Bloomberg)

Featured Podcasts Sources: Mark Zuckerberg on Muse, Meta’s biggest AI bet yet Candid conversations with the leaders shaping what’s next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade. Subscribe to Sources. Lenny’s Podcast: How we built Grok Bot in a month |

Google plans to invest €13B in Finland, its biggest investment in Europe to date, over two years to build three new data centers and expand an existing center (Kirsi Heikel/Bloomberg) Read More »

Anthropic declined to submit Mythos 5.1 to the UK AISI for pre-release testing, prompting UK fears that US AI labs are aligning with US protectionism (Financial Times)

Featured Podcasts Sources: Mark Zuckerberg on Muse, Meta’s biggest AI bet yet Candid conversations with the leaders shaping what’s next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade. Subscribe to Sources. Lenny’s Podcast: How we built Grok Bot in a month |

Anthropic declined to submit Mythos 5.1 to the UK AISI for pre-release testing, prompting UK fears that US AI labs are aligning with US protectionism (Financial Times) Read More »

Apple’s first foldable will be called iPhone Duo, with prices starting at $2,000 for 256GB of storage and sales starting as early as October (Mark Gurman/Bloomberg)

Featured Podcasts Sources: Mark Zuckerberg on Muse, Meta’s biggest AI bet yet Candid conversations with the leaders shaping what’s next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade. Subscribe to Sources. Lenny’s Podcast: How we built Grok Bot in a month |

Apple’s first foldable will be called iPhone Duo, with prices starting at $2,000 for 256GB of storage and sales starting as early as October (Mark Gurman/Bloomberg) Read More »

China Securities Regulatory Commission is informally tightening IPO approvals for humanoid startups after a volatile debut by industry leader Unitree (The Information)

Featured Podcasts Sources: Mark Zuckerberg on Muse, Meta’s biggest AI bet yet Candid conversations with the leaders shaping what’s next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade. Subscribe to Sources. Lenny’s Podcast: How we built Grok Bot in a month |

China Securities Regulatory Commission is informally tightening IPO approvals for humanoid startups after a volatile debut by industry leader Unitree (The Information) Read More »

Over 10 US states have rolled back tech giants’ tax breaks, which top $1B/year in some states, as many others propose similar bills amid a data center backlash (Wall Street Journal)

Featured Podcasts Sources: Mark Zuckerberg on Muse, Meta’s biggest AI bet yet Candid conversations with the leaders shaping what’s next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade. Subscribe to Sources. Lenny’s Podcast: How we built Grok Bot in a month |

Over 10 US states have rolled back tech giants’ tax breaks, which top $1B/year in some states, as many others propose similar bills amid a data center backlash (Wall Street Journal) Read More »

from 2019 to 2025, gains in pretraining compute efficiency came mostly from data improvements rather than model improvements (Dwarkesh Podcast)

Featured Podcasts Sources: Mark Zuckerberg on Muse, Meta’s biggest AI bet yet Candid conversations with the leaders shaping what’s next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade. Subscribe to Sources. Lenny’s Podcast: How we built Grok Bot in a month |

from 2019 to 2025, gains in pretraining compute efficiency came mostly from data improvements rather than model improvements (Dwarkesh Podcast) Read More »

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