AI's coding gold rush is getting crowded
AI coding startup valuations are soaring, with CodeRabbit raising $143 million at a $1.5 billion valuation, Lovable raising $400 million at a $13.3 billion valuation, and Cognition in talks to raise $…
AI coding startup valuations are soaring, with CodeRabbit raising $143 million at a $1.5 billion valuation, Lovable raising $400 million at a $13.3 billion valuation, and Cognition in talks to raise $…
Snap Inc. reported a 19% revenue increase to $1.6 billion for the quarter ended June 30, beating the average Bloomberg estimate of $1.54 billion, and projected third-quarter sales of up to $1.74 billi…
Snap Inc. beat second-quarter revenue estimates on Monday (Aug 4), with revenue jumping about 19% to US$1.6 billion, driven by increased advertising spending during the FIFA World Cup and stronger cam…
Snap Inc. will host an event on September 16th in Los Angeles, California, dedicated to its next-generation AR glasses, Specs. At the event, Snap co-founder and CEO Evan Spiegel will provide the first…
Snap will hold a launch event for its $2,195 Specs AR glasses on September 16 in Los Angeles, where co-founder and CEO Evan Spiegel will provide the first in-depth demonstrations of AI assistance, wor…
Snap Inc. will launch SPECS, its new augmented reality glasses, on September 16 in Los Angeles, with CEO Evan Spiegel demonstrating how the device integrates AI assistance, work tools, and entertainme…
Lilian Weng, cofounder of Thinking Machines Lab and former OpenAI safety executive, resigned Tuesday citing seven months of recurring illness worsened by startup stress. In a note shared on X, she wro…
Monday.com laid off about 20% of its workforce, or over 600 employees, as part of a restructuring plan to invest in an AI-driven growth strategy, the Tel Aviv-based company announced in a July 22 SEC …
Snap debuted its augmented reality glasses, Snap Specs, at the Cannes Lions advertising festival, offering a tightly curated museum experience where users can overlay AI-filtered versions of themselve…
At the Augmented World Expo in Long Beach, companies including Meta and Snap showcased smart glasses that resemble regular eyewear but feature advanced augmented reality capabilities, such as heads-up…
Snap unveiled its first consumer augmented reality glasses, SPECS, at $2,195, alongside a revamped Lens Studio with AI-powered agentic tooling integrated into Claude Code, Codex, and Cursor. The devel…
Snap CEO Evan Spiegel unveiled SPECS, the company's long-awaited augmented reality glasses, at Augmented World Expo, arguing they represent a new era of computing beyond smartphones. Spiegel explained…
Qualcomm unveiled the Snapdragon Reality Elite chip at the Augmented World Expo, promising 60% better graphics and 160% more AI processing power for augmented and mixed reality glasses. The chip aims …
Snap CEO Evan Spiegel unveiled the company's new AR Specs at AWE, positioning them as a 'see-through computer' rather than AI glasses. Spiegel emphasized that Specs are designed for computing overlay,…
Snap launched Specs, a $2,195 pair of augmented reality glasses, at AWE USA 2026. The glasses feature dual Snapdragon chips, hand tracking, voice control, and a 51-degree field of view, and are availa…
Snap unveiled SPECS, $2,195 augmented reality glasses designed to function as a wearable computer, at the Augmented World Expo on Tuesday. The glasses feature a traditional frame form factor, contextu…
On April 15, 2026, Snap Inc. cut 1,000 jobs — 16% of its workforce — and attributed the layoffs directly to AI now generating 65% of the company's new code, with CEO Evan Spiegel projecting $500 milli…