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Stripe wants to turn your AI costs into a profit center

Stripe on Monday released a preview of a new feature that could help AI startups (and other companies) solve the problem of passing through the underlying costs of AI model usage to their customers. Stripe’s feature, however, goes even further than just passing through the costs of the tokens. It …

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ChatGPT uninstalls surged by 295% after DoD deal

app uninstalls of ChatGPT’s mobile app jumped 295% day-over-day on Saturday, February 28, as consumers responded to the news of OpenAI’s deal with the Department of Defense (DoD), which has been rebranded under the Trump administration as the Department of War. This data, which comes from market intelligence provider Sensor …

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India’s Pronto formalizes house help as its valuation jumps 8x in under a year

Bengaluru-based Pronto is helping to bring India’s largely informal domestic help market online. As daily bookings climb and its city footprint expands, investors are opening their wallets. The startup said Tuesday that it raised a $25 million Series B round led by Epiq Capital, valuing the nine-month-old company at $100 …

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Cursor has reportedly surpassed $2B in annualized revenue

The AI coding assistant Cursor has surpassed $2 billion in annualized revenue, according to a Bloomberg source. This individual says the four-year-old startup saw its revenue run rate double over the past three months. The disclosure appears timed to counter a recent wave of skepticism. Last week, tweets went viral …

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SaaS in, SaaS out: Here’s what’s driving the SaaSpocalypse

One day not long ago, a founder texted his investor with an update: he was replacing his entire customer service team with Claude Code, an AI tool that can write and deploy software on its own. To Lex Zhao, an investor at One Way Ventures, the message indicated something bigger …

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Anthropic’s Claude rises to No. 1 in the App Store following Pentagon dispute

Anthropic’s chatbot Claude seems to have benefited from the attention around the company’s fraught negotiations with the Pentagon. As first reported by CNBC, Claude has been rising to the top of the free app rankings in Apple’s US App Store. On Saturday evening, it overtook OpenAI’s ChatGPT to claim the …

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Honor launches its new slim foldable Magic V6 with a 6,600 mAh battery

Honor launched its new foldable, the Honor Magic V6, with a massive 6,600 mAh battery and a new sturdy hinge ahead of the Mobile World Congress (MWC) in Barcelona. The Chinese company has been obsessed with proving that it makes the thinnest foldables. This year’s version is 4mm thick when …

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Honor says its ‘Robot phone’ with moving camera can dance to music

Honor first teased its “Robot phone” with a movable camera arm earlier this year. Ahead of the Mobile World Congress (MWC) in Barcelona, the Chinese company provided more details about the device, including how the robot can respond to different situations without commands. The company said that it is planning …

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OpenAI reveals more details about its agreement with the Pentagon

By CEO Sam Altman’s own admission, OpenAI’s deal with the Department of Defense was “definitely rushed,” and “the optics don’t look good. ” After negotiations between Anthropic and the Pentagon fell through on Friday, President Donald Trump directed federal agencies to stop using Anthropic’s technology after a six-month transition period, …

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Investors spill what they aren’t looking for anymore in AI SaaS companies

Investors have been pouring billions into AI companies over the past few years, as the technology continues to hold sway in the Valley and thus the world. But not all AI companies are grabbing investor attention. Indeed, even as it seems every company these days is rebranding to include “AI” …

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