In the AI era, it should be easier than ever for people to build new businesses. We want to build the services that enable this. This is important for ensuring that people broadly share in the prosperity created by superintelligence.
"We've basically helped put together all the talent from around the company, sort of pushing in one direction. A lot of it was assembling together all the ingredients we already had and then kind of pushing with relentless sort of focus and pace."
I keep telling people internally also that we are at a bitcoin $1 moment right now. You can see the excitement, you can see the revenue growth for everybody. This is when like, things are kind of just working. The industry could soon hit a massive inflection point, when software produced through vibe coding becomes more reliable and widely usable.
The banking services on the Fi app will soon be discontinued; however, your Savings Account with Federal Bank remains active and fully operational. Your funds remain completely safe and accessible at all times. The company said in the email, reviewed by TechCrunch.
They called out about half a dozen particular instances of what they considered to be bullshit technology. We were too busy laughing sympathetically to whip out a laptop to make notes, but as best as we can recall the sequence, they were: Containers Kubernetes The "Cloud" Anything at all "as a Service" The Blockchain - anything, everything, based on it And now, arguably the biggest and worst of all, "generative AI"
AlleyWatch is NYC's leading source of tech and startup news, reaching the city's most active founders, investors, and tech leaders. Learn More → Hook - $10M Series A Music & Entertainment Hook, a creative social music app for making and sharing song remixes and mashups, has raised $10M in Series A funding led by Khosla Ventures. Founded by Gaurav Sharma in 2022, Hook has now raised a total of $16.5M in reported equity funding.
It's pretty unlikely a five-year-old today will be looking for a job. The need to work will go away. People will still work on the things they want to work on, not because they need to work. Rapid advances in AI and robotics will make most labor effectively free within 15 years, creating an era of extreme abundance and lower prices.
Big ideas do not always arrive with attention or applause. Often, they are shaped quietly through experience, discipline, and persistence. That is how Thirukumaran Sivasubramaniam approaches his career. As Co-Founder and COO of Fintex Inc. in Toronto, he is known for turning complex ideas into working systems. His leadership style is practical, steady, and grounded in lived experience. It is a style shaped long before his professional career began.
One of my team members told me that some teams have built a Dara AI, you know, so that they basically make the presentation to the Dara AI as a prep for making a presentation to me. You can imagine, like, you know, by the time something comes to me, there's been a prep and a meeting of the slide deck has been beautifully honed. So they have Dara AI to tune their prep.
Donnovan Andrews has spent his career in industries where the rules keep shifting - from the early days of digital to today's algorithm-shaped media landscape. His latest move sits right in the middle of that change. He's building Aivanta, an AI-powered holding company designed to acquire businesses with strong foundations and help them scale by embedding AI into how they operate.
India became the world's largest market for generative AI app downloads in 2025, according to market intelligence firm Sensor Tower, widening its lead over the U.S. as installs jumped 207% year-over-year. Companies including OpenAI, Google, and Perplexity rolled out extended free premium offers to accelerate user growth in the price sensitive market.