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Ethos Raises $22.75M from a16z for AI Expert Network with Voice-Powered Onboarding

London-based Ethos has secured $22.75 million in Series A funding led by Andreessen Horowitz to expand its AI-driven expert network. Founded by ex-DeepMind and McKinsey alumni, the platform uses voice-powered onboarding to create rich professional profiles, matching domain experts with companies more effectively than traditional networks like GLG.

Startups2 sources

Ethos Raises $22.75M from a16z for AI Expert Network with Voice-Powered Onboarding

Startups2 sources

Adobe Acrobat introduces productivity agent to transform PDFs into interactive AI workspaces

Adobe unveiled a productivity agent for Acrobat that transforms how users create and share PDFs through AI-powered workspaces called PDF Spaces. The new agentic tool orchestrates AI models to generate presentations, podcasts, and branded content while enabling conversational PDF editing and real-time collaboration with built-in analytics.

Technology5 sources

Adobe Acrobat introduces productivity agent to transform PDFs into interactive AI workspaces

Technology5 sources

Wonder's AI lets anyone launch a restaurant brand in under a minute across 120 locations

Marc Lore's Wonder is rolling out an AI tool that enables anyone to design and launch their own restaurant brand in under a minute. The platform automatically generates names, branding, recipes, and pricing, then deploys virtual restaurants across Wonder's network of 120 tech-enabled kitchens. The company aims to expand to 400 locations next year.

Technology2 sources

Wonder's AI lets anyone launch a restaurant brand in under a minute across 120 locations

Technology2 sources

China's 600 million AI users transform the nation into a global testing ground for mass adoption

Over 600 million Chinese citizens now use generative AI, marking a 142% annual increase. From booking travel to ordering food and managing health, AI in China has rapidly moved from experimental to essential. As Chinese AI models now consume more data weekly than U.S. models, this mass AI adoption could shape how AI tools are deployed globally.

Business3 sources

China's 600 million AI users transform the nation into a global testing ground for mass adoption

Business3 sources

DigitalOcean raises revenue outlook as AI demand drives 221% customer revenue surge

DigitalOcean shares surged 40% after the cloud infrastructure provider raised its 2026 and 2027 revenue guidance following a strong Q1 performance. AI customer annual run-rate revenue jumped 221% to $170 million, driven by accelerating demand for inference and agentic AI workloads. The company now expects 2027 revenue to grow more than 50%, doubling its previous forecast.

Business2 sources

DigitalOcean raises revenue outlook as AI demand drives 221% customer revenue surge

Business2 sources

PayPal bets on AI transformation to unlock $1.5 billion in savings as it cuts 20% of workforce

PayPal CEO Enrique Lores announced an ambitious AI transformation plan aimed at delivering $1.5 billion in cost savings over the next two to three years. The strategy involves modernizing the tech stack, adopting AI across development and operations, and cutting roughly 20% of its workforce—around 4,500 jobs. Lores says PayPal is 'becoming a technology company again' after acknowledging the company has yet to fully embrace AI in-house.

Business2 sources

PayPal bets on AI transformation to unlock $1.5 billion in savings as it cuts 20% of workforce

Business2 sources

iBall launches GLIDR Ai1 AI Mouse with ChatGPT integration and 100+ language support

iBall has unveiled the GLIDR Ai1 AI Mouse, bringing AI-powered features to everyday computing. The device supports voice and text translation across 100+ languages, ChatGPT integration, and OCR-based text extraction. With dual connectivity options and 7 programmable buttons, the launch marks iBall's aggressive push into the AI peripherals market.

Technology2 sources

iBall launches GLIDR Ai1 AI Mouse with ChatGPT integration and 100+ language support

Technology2 sources

Freshworks cuts 11% of workforce as AI writes over half its code, reshaping software development

Freshworks announced plans to eliminate 500 jobs, representing 11% of its workforce, as artificial intelligence transforms how the company builds software. CEO Dennis Woodside revealed that over half of the company's code is now written by AI, enabling significant automation of routine tasks. The restructuring affects departments globally and comes amid broader tech industry layoffs driven by AI adoption.

Business4 sources

Freshworks cuts 11% of workforce as AI writes over half its code, reshaping software development

Business4 sources

Cognizant plans to cut up to 15,000 jobs globally as Project Leap drives AI transformation

Cognizant is reportedly planning to reduce its workforce by 12,000 to 15,000 employees globally under Project Leap, an AI-led restructuring initiative. India, home to over 250,000 of the company's 357,000 employees, will face the most significant impact. The move reflects a broader industry shift as tech firms adopt AI-enabled operating models and compress traditional staffing pyramids.

Business3 sources

Cognizant plans to cut up to 15,000 jobs globally as Project Leap drives AI transformation

Business3 sources

Thomson Reuters beats revenue forecasts as fiduciary-grade AI demand surges among professionals

Thomson Reuters reported first-quarter revenue of $2.09 billion, a 10% increase that exceeded Wall Street expectations. The company reaffirmed its 2026 financial forecasts as demand for its fiduciary-grade AI products grows among legal, tax, and accounting professionals. CEO Steve Hasker emphasized that professional clients are choosing AI-integrated tools built on authoritative content over frontier AI models, with AI-based solutions now representing 30% of contract value.

Business2 sources

Thomson Reuters beats revenue forecasts as fiduciary-grade AI demand surges among professionals

Business2 sources

Shopify AI Search Delivers New Customers Twice as Fast as Traditional Organic Search

Shopify president Harley Finkelstein revealed that AI search is transforming e-commerce, with AI-driven traffic to stores jumping 8x year-over-year and orders from AI-powered search spiking nearly 13x. New buyer orders from AI searches now arrive at nearly twice the rate of traditional organic search, helping merchants discover customers they might otherwise miss.

Technology2 sources

Shopify AI Search Delivers New Customers Twice as Fast as Traditional Organic Search

Technology2 sources

Apple Manufacturing Academy hosts major AI showcase with hundreds of U.S. manufacturers

Apple and Michigan State University held the inaugural Spring Forum for the Apple Manufacturing Academy, bringing together hundreds of U.S. manufacturers to demonstrate practical AI implementation in production environments. The two-day event featured industry leaders from McKinsey, Magna, and Medtronic, with Block Imaging showcasing real-world results from the program's training on factory floors.

Technology2 sources

Apple Manufacturing Academy hosts major AI showcase with hundreds of U.S. manufacturers

Technology2 sources

Cybercriminals complain about AI slop flooding their forums as study reveals limited impact

A new study analyzing 97,895 conversations on cybercrime forums reveals an unexpected trend: cybercriminals are frustrated with AI-generated content flooding their communities. Researchers from the University of Edinburgh and University of Cambridge found that while AI adoption was hyped, it's mostly used for low-skill activities like SEO spam and romance scams rather than sophisticated hacking.

Technology4 sources

Cybercriminals complain about AI slop flooding their forums as study reveals limited impact

Technology4 sources

Jensen Huang tells graduates AI revolution offers chance to reindustrialize America

Nvidia CEO Jensen Huang delivered a commencement address at Carnegie Mellon University, telling graduates they're entering the workforce at the start of the largest computing platform shift in history. He framed AI as creating an enormous number of jobs rather than eliminating them, and positioned the technology as a once-in-a-generation opportunity to reindustrialize America and restore the nation's capacity to build.

Business10 sources

Jensen Huang tells graduates AI revolution offers chance to reindustrialize America

Business10 sources

Humanoid robot tackles waste sorting as recycling industry faces 40% staff turnover crisis

A family-run London recycling firm is training a Chinese-built humanoid robot to sort waste on conveyor belts where workers face hazardous conditions. With 40% annual staff turnover and a fatality rate eight times the national average, the recycling sector's severe labor crisis is pushing waste management companies toward AI-driven automation as the only viable solution.

Technology2 sources

Humanoid robot tackles waste sorting as recycling industry faces 40% staff turnover crisis

Technology2 sources

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