Companies are using more AI than ever, but they’re not spending more on it.
A new report from Ramp shows AI spending flatlined over late summer even as token volumes rose, a sign that price competition and savvier customers may be capping revenue for OpenAI and Anthropic. According to Ramp’s data, token spend only grew 1.5% across August and September. To compare, in July, it grew 42%…
Underdog shows off a 32MB speech model in new demo
November 7, 2026
AI companies across the world are racing to make bigger and better models, but the problem is all of them need massive amounts of processing power. On the other end, some researchers and startups are creating smaller models that can run on edge devices, like your phone or…
Alex de Vigan’s last business got swamped by the rise of generative AI, but now he’s betting the tech that team had built, a platform for creating tempting product renderings for e-commerce, can be re-purposed to make robots more useful.
His new venture, Physicl…
Hardware startup Aina released a smart ring today that features a screen, a joystick, and a mic so that you can talk to your agents and take notes. The $399 ring has a speaker so you can take calls using it as well.
The startup, which raised $5.5 million in July, is positioning the ring as a controller of sorts for both AI and non-AI apps.
The company previously made Mirage, a three-key…
Discovered Materials, a months-old San Francisco startup using AI models to find new substances for building advanced chips, announced a million-dollar challenge for AI models to solve five critical problems in materials science.
While frontier AI models have solved a…
Agility is the first pure humanoid robot company on the stock market. Are you buying?
November 6, 2026
Almost a year ago to the day, Figure AI CEO Brett Adcock responded to some gentle social media taunting from rival robotics company Agility with a prediction: “You’ll be bankrupt in <12 months.”
Instead, Agility is going public through a reverse merger…
DuckDuckGo is pitching itself to schools after Google created an opening for the alternative search engine. On Tuesday, Google told schools they could turn off Gemini, but it said shutting off its other AI features would cost schools Google Search, as well.
DuckDuckGo, a company that focuses on user privacy by limiting data collection, clearly sees this as a moment to make inroads in education…
On Tuesday, Apple rolled out a potentially controversial set of Audio Intelligence features into testing with the first developer beta versions of iOS 27.3 and watchOS 27.3. The betas bring four new AI features that allow Apple Watch Series 12 wearers to detect important…
Google faces backlash for plan that would turn off Search for schools that restrict AI
November 5, 2026
Google was met with swift backlash on Tuesday after it announced that schools using Google’s K-12 software will not be able to use Search unless they opt in to using AI tools.
Chris Phillips, vice president for education at Google, told The New York Times that…
Anthropic is still grappling with the economics of compute
November 4, 2026
There’s a lot of mystery around the finances of major AI labs, and as Anthropic inches towards it IPO, we’re starting to get some answers. In particular, the company is finally disclosing more about the economics of compute, and how much of Anthropic’s skyrocketing revenue is being lost to compute costs.
In a new filing on Monday, Anthropic released data that showed those margins…
