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AI / The Decoder ·

Goldman Sachs pulls AI coding tools from traders and bankers

Goldman Sachs is pulling AI coding tools like Claude Code and GitHub Copilot from traders and bankers, limiting access to engineers only. As recently as July, CIO Marco Argenti publicly praised "vibe coding" by non-technical staff. Now the bank cites "productivity and risk management" as the…

Tech / The Next Web ·

Snap settles teen social media addiction case days before trial

Snap has settled with two teenagers who accuse Snapchat and other social media apps of addictive design. Their trial in Los Angeles was days away. The terms are confidential. Lawyers for the plaintiffs announced the settlement on Monday, Reuters reported. Jury selection began last week. The trial…

Tech / The Next Web ·

SUSE to cut about 10% of jobs as CEO cites AI, The Register reports

SUSE, the German Linux company founded in 1992, is cutting about 10% of its workforce. Chief executive Dirk-Peter van Leeuwen told staff on Monday that AI and automation are changing how software companies work. Liam Proven reported the cuts for The Register, which saw the internal memo. SUSE has…

AI / The Decoder ·

AI elites might hoard intelligence like mercantilists hoarded gold

Engineer Venkatesh Rao compares the fear of AI job losses to mercantilism: intelligence is treated as a scarce resource that elites want to control. But AI could boost demand for human thinking, much like early capitalism made people voluntarily work more. The article AI elites might hoard…

Tech / The Next Web ·

Larridin raises $30M to show companies what their AI spending buys

Larridin, a San Francisco startup that measures what companies get back from AI, has raised $30 million. Pelion Ventures led the Series A round, the company said in a statement on Monday. Andreessen Horowitz and Gradient Ventures, which backed Larridin’s $17 million seed round, invested again.…

Tech / The Next Web ·

Tutor Intelligence raises $75M from a16z to put robots to work by the hour

Tutor Intelligence, a robotics startup in Watertown, Massachusetts, has raised a $75 million Series B round led by Andreessen Horowitz. The round brings its total funding to $117 million, the company said in a statement on Monday. Union Square Ventures, which led the Series A, and Neo, which led the…

Tech / The Next Web ·

Meta reportedly weighs $20B bond sale, its first in euros

Meta is sounding out investors for a bond sale worth at least $20bn, Bloomberg reported on Monday, citing a person familiar with the matter. It would be the company’s first bond sale in euros. The plan under discussion splits the deal into US dollar bonds in five parts and euro notes in six parts.…

Tech / The Next Web ·

Clark raises $11M to put AI ‘Clerks’ to work on company audits

New York startup Clark raised an $11M seed round led by Touring Capital and launched Clerks, AI agents that work through audits for CPA firms. More than 35 firms use its tools, it says, and it offers a 100% accuracy guarantee. New York startup Clark has raised an $11M seed round led by Touring…

Tech / The Next Web ·

New York Times and three other US papers sue Brave over AI scraping

The New York Times sued Brave Software on Monday, accusing the browser maker of scraping its journalism and selling access to it to AI companies. Hours later, the publishers of the New York Daily News, the Chicago Tribune and the Orlando Sentinel filed a separate lawsuit making similar…