Author: Editor-In-Chief
Swedish startup Pit may have gained attention for its outrageous social media posts, but it’s also one of Stockholm’s AI startups to watch. Pit is led by the co-founders of European scooter giant Voi, including Voi CEO Fredrik Hjelm. He is joined by former iZettle and Klarna engineers. Now, it’s backed by a16z, which is leading the startup’s $16 million seed round. Stockholm, which is also home to Lovable, is one of the locations where a16z is actively searching for the next European unicorn. Pit is pursuing enterprise AI with products aimed at learning how clients run their businesses and…
Developing a new drug can cost $1 billion and take more than 10 years. That makes investing in new treatments in rare disease areas, where the number of patients is small and the chances of getting a return on that investment even lower, a risky bet for big drug companies.This is a big reason why 95% of the more than 10,000 rare diseases in existence have no FDA-approved treatment.But for parents of children diagnosed with these illnesses, doing nothing is not an option. And that’s driving a major trend in the rare disease community: medical innovation and breakthroughs driven by…
data dog Shares soared 31% on Thursday after reporting blockbuster earnings and raising their outlook for the year, showing that some software names are starting to prove their case as winners in the artificial intelligence space.Quarterly sales exceeded $1 billion for the first time.Pop music accelerated stock price rise snowflake and Mongo DBeach rose 10%.Datadog provides the cloud infrastructure on which OpenAI and Anthropic’s AI models run. According to analysts, OpenAI is the company’s largest customer.Datadog CEO Olivier Pomer said on an earnings call that the company has acquired two major hyperscaler customers for training at its Superintelligence Institute.”This was…
President Trump claimed he had a “great phone call” to European Commission President Ursula von der Leyen about the impending tariffs.Published May 7, 2026May 7, 2026US President Donald Trump has given the European Union until July 4 to comply with a proposed trade deal or the US will raise tariffs within the region.President Trump’s announcement on Thursday followed what he described as a “great meeting” with European Commission President Ursula von der Leyen.Recommended stories list of 4 itemsend of list“I have been patiently waiting for the EU to implement on its side the historic trade deal, the largest trade deal…
londonReuters — On Thursday, two men, including a British immigration officer, were found guilty in a London court of spying for targeting prominent pro-democracy dissidents now based in Britain on behalf of Hong Kong and ultimately China. Trong Biu “Bill” Yuen, 65, and Chee Leung “Peter” Wai, 40, who served with the UK Border Force, were found guilty of assisting a foreign intelligence service by carrying out surveillance of targets between December 2023 and May 2024. The men, who have dual Chinese and British nationality, deny the charges, but the Chinese embassy in London accused Britain of fabricating the charges…
Luke Littler defeated Luke Humphries 6-5 in the 14th night final in Leeds, scoring a hat-trick in the win on the night and securing a record-tying sixth win of the 2026 Premier League darts season.Humphries, a Leeds United fan, was denied his own hat-trick in the process. He won at Leeds in 2024 and 2025, but this time he was denied a hat-trick after missing a match dart when he was leading 5-4. Humphries bounced a dart at the top and Littler won the next leg in his place, equaling his night-time win record from 2025 and opening the door…
OpenAI announced Thursday that its API will now include a host of new voice intelligence features designed to help developers create apps that can speak, transcribe, and translate conversations with users. The company’s new GPT‑Realtime‑2 is another voice model built to create realistic voice simulations that can converse with users. However, unlike the previous version (GPT-Realtime-1.5), this one is built with GPT-5-class inference, and OpenAI says it was created to handle more complex requests from users. The company is also announcing GPT‑Realtime‑Translate. As the name suggests, it is designed to provide a real-time translation service that “keeps pace” with the…
peloton announced its fiscal third-quarter results on Thursday, showing that sales beat Wall Street expectations and that profits for the first three months of the year were by a narrow margin. The company touted that better-than-expected equipment sales and subscription revenue contributed to higher sales and profitability, with free cash flow increasing by nearly 60%.Peloton stock rose as much as 13% following the news, before ending the day up about 8%.CEO Peter Stern told CNBC: “Our first priority for earnings is to report our financials. We feel like this was a pretty good quarter in terms of our strategic position.”Here’s…
Coinbase reported weaker-than-expected results in the first quarter due to falling crypto prices, weighing on spot trading of digital assets, one of the company’s main revenue drivers.Here’s how to do it coinbase Based on a survey of analysts by LSEG, results for the quarter ended March 31 compared to Wall Street expectations: Earnings per share: $1.49 loss, expected 27 cents Earnings: $1.41 billion, expected $1.52 billionCoinbase stock fell 4% in after-hours trading.The company, which operates the largest U.S. cryptocurrency market, posted trading revenue of $755.8 million, compared to analysts’ expectations of $805.2 million. Subscription revenue was $583.5 million compared to…
The court ruled in favor of small businesses that challenged the February tariffs.Published May 7, 2026May 7, 2026The U.S. Trade Court has ruled against President Donald Trump’s latest 10% global tariff, ruling that the flat tariff is not justified under 1970s trade law.The U.S. Court of International Trade ruled Thursday in favor of small businesses that challenged the tariffs, which went into effect on February 24. The ruling was 2-1, with one judge saying it was premature to award victory to the small business plaintiffs.Recommended stories list of 4 itemsend of listSmall businesses had argued the new tariffs were an…