Temporal 5x’d AI spend and doubled revenue. CEO Samar Abbas says he can’t prove they’re connected.
thenewstack.io

Temporal 5x’d AI spend and doubled revenue. CEO Samar Abbas says he can’t prove they’re connected.

Temporal, a developer platform company, has significantly increased its artificial intelligence expenditure while simultaneously doubling its revenue. CEO Samar Abbas acknowledges the parallel growth but explicitly states he cannot prove a direct causal link between the heightened AI spending and the revenue surge. The company’s financial trajectory demonstrates robust performance despite the lack of confirmed correlation between its strategic investments in AI technology and its top-line results. Abbas emphasizes the uncertainty surrounding the specific impact of AI [...]
Temporal 5x’d AI spend and doubled revenue. CEO Samar Abbas says he can’t prove they’re connected.
thenewstack.io

Temporal 5x’d AI spend and doubled revenue. CEO Samar Abbas says he can’t prove they’re connected.

Temporal, a software infrastructure company, has significantly increased its artificial intelligence expenditure, raising spending by five times its previous level. Concurrently, the firm reports that its revenue has doubled during the same period. Despite these parallel financial trends, CEO Samar Abbas explicitly states that he cannot prove a direct causal link between the surge in AI spending and the revenue growth. The company continues to operate within the competitive software engineering sector, focusing on at-scale development solutions. [...]
182 Chandigarh University Animation & Multimedia Students Secure Jobs in Top Animation, VFX, Gaming, Digital Media & Filmmaking Studios
techdash.in

182 Chandigarh University Animation & Multimedia Students Secure Jobs in Top Animation, VFX, Gaming, Digital Media & Filmmaking Studios

Chandigarh University reported that 182 Animation and Multimedia students secured employment with 120 leading companies over the past three years. Deepinder Singh Sandhu, Senior Managing Director, confirmed that 146 undergraduate and 36 postgraduate students obtained roles in animation, visual effects, gaming, and digital media sectors. The highest salary package offered was Rs 6 Lakh Per Annum. Recruiters included Adfine Media, XPAND LABS, and Kahr Customize GmbH. Domain-wise, 104 students became video editors or graphic designers, while others [...]
How China’s Moonshot AI has access to NVIDIA chips
newsbytesapp.com

How China’s Moonshot AI has access to NVIDIA chips

Chinese artificial intelligence firm Moonshot AI has secured a strategic computing partnership with Alibaba Group, gaining access to a cluster of approximately 20,000 NVIDIA chips. This arrangement allows Moonshot to power its advanced AI models, including the recently unveiled Kimi K3, which the company claims is the world’s largest open-weight system with 2.8 trillion parameters. The deal is significant given strict US export controls that have severely limited Chinese companies’ access to high-end semiconductor technology. As one [...]
Inside the London hacker house taking a stand against founder burnout
techcrunch.com

Inside the London hacker house taking a stand against founder burnout

Six young entrepreneurs have established the London Island Founder House, also known as Lift House, in East London. This co-living and workspace initiative explicitly rejects San Francisco’s intense hustle culture, prioritizing holistic well-being over rapid Demo Day preparation. Residents, including Rowan Aldean and Zahraa, share domestic responsibilities and engage in structured wellness activities like journaling, volleyball, and communal cooking. The house aims to uplift founders by fostering a balanced lifestyle amidst London’s booming AI sector, which has [...]
Can India’s Sarvam take on the Big Boys of AI?
moneycontrol.com

Can India’s Sarvam take on the Big Boys of AI?

At Sarmam AI’s Epoch event, the startup unveiled a suite of language, vision and voice models and announced its move toward a stack AI platform. Highlights included the Epoch Builder Edition, enabling developers to fine‑tune and deploy models in ten Indian languages using 7‑billion and 70‑billion‑parameter systems trained on two trillion tokens, as well as Sarvam Vision 2.0, Bulbul V4 speech tools, Content Studio for dubbing, a retrieval layer for enterprise knowledge and Sarmam Inference on Indian infrastructure. Sarmam [...]
Smallest.ai raises $13M to build ultra-fast voice AI that sounds genuinely human
techcrunch.com

Smallest.ai raises $13M to build ultra-fast voice AI that sounds genuinely human

Smallest.ai, a startup founded in late 2024, announced a $13 million Series A round led by Seligman Ventures, bringing its total funding above $21 million. The company is developing a compact voice model that processes speech, thought, and response simultaneously, aiming to make AI agents sound indistinguishable from humans in real‑time customer support. Unlike large language models that pause to generate replies, Smallest.ai’s model delivers virtually zero‑lag responses and hands off unfamiliar queries to an offline foundational model, mimicking a [...]
VC-backed startups commit more fraud, and researchers think they know why
techcrunch.com

VC-backed startups commit more fraud, and researchers think they know why

A joint study by Imperial College London and Emlyon Business School reveals that venture capital-backed startups commit fraud more frequently than non-funded peers. Analyzing SEC and DOJ prosecutions from 2000 to 2023, researchers identified a correlation between overheated markets, weak oversight, and increased fraudulent activity. The report introduces “façading,” a three-stage progression of dishonesty ranging from exaggerated claims to fabricated evidence and deep deception. Investors often contribute by enforcing unrealistic growth expectations and continuing to fund founders [...]