Thousands of AI startups are fighting for the VC funding needed to win a slice of the enterprise market. But, according to Spellbook founder and CEO Scott Stevenson, and many are inflating their real revenues to get it. In an viral tweet earlier this week, Stevenson called out these fledgling companies for perpetuating a “huge scam” in their metric reporting. It’s time to expose a huge scam in AI startups: Contracted ARRThe reason many AI startups are crushing revenue records is because they are using a dishonest metricThe biggest funds in the world are supporting this and misleading journalists for…
Author: Staff Writer
The Trump administration is putting America on the fast track to a good trip. On Friday, April 24, the FDA granted an expedited review process to three experimental psychedelic drugs. It issued priority vouchers to three currently unnamed companies, two of which are expected to research psilocybin as a treatment for depression, and one which will study a drug called methylone, a stimulant similar to MDMA, for treating PTSD. Those vouchers shorten the FDA’s review process from its standard 10 to 12 months to just one to two months, meaning FDA-approved psychedelics could arrive as soon as this summer. Research in…
The main reason Shark Tank star Barbara Corcoran fires people? Having a bad attitude. On a recent podcast episode of The Burnouts, Corcoran shared that after hiring her first salesperson from another firm and training her “like crazy for a year-and-a-half,” there was one thing training couldn’t fix: her attitude. That experience taught her a straightforward, non-negotiable hiring principle. While skills can be taught, a good attitude cannot. “I learned a very valuable lesson: [if you] have somebody who has a bad attitude, they’re going to suck up other people into their attitude,” Corcoran said in the podcast episode. One…
If you’ve had a Capital One savings account in recent years, the bank may soon send some money your way after a U.S. judge approved a $425 million settlement this week. Better yet? You don’t have to do anything to claim your stake in the class action lawsuit that was initially filed against the McLean, Virginia-based bank in 2024. To be eligible for settlement funds, you must have had a Capital One 360 Savings account at any time from mid-September 2019 through mid-June 2025. WHO IS ELIGIBLE FOR A PAYMENT The case stems from allegations that Capital One “acted deceptively…
Intel Corporation (Nasdaq: INTC) has long played second fiddle to the more established giants in the AI race. For much of that race, the technology powering the hardware AI needs to run on has been GPUs, like the kind Nvidia excels in making. But as industry focus shifts towards how CPUs can accelerate AI tasks, Intel’s recent earnings report shows the company is starting to benefit significantly, sending its stock price surging today. Here’s what you need to know. What’s happened? Yesterday, Intel reported its first-quarter 2026 financial results for the period that ended on March 28. Those results were…
The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race.In a Thursday memo, Michael Kratsios, the president’s chief science and technology adviser, accused foreign entities “principally based in China” of engaging in deliberate, industrial-scale campaigns to “distill,” or extract capabilities from, leading AI systems made in the U.S. and “exploiting American expertise and innovation.”The administration, Kratsios wrote, will work with American AI companies to identify such activities, build defenses and find ways to…
There are very few opportunities to step inside the actual models that track capital flows, forecast market turning points, and map global economic cycles. This May, we are offering three highly focused educational webinars designed to take you from understanding the system… to applying it in real time. These sessions are built on over 40+ years of research and are taught by Erwin Pletsch, who has spent decades working directly with Martin Armstrong’s models. Understanding the Economic Confidence Model May 12 The official training, titled “Understanding the Economic Confidence Model,” walks through the origins, structure, and real-world application of the ECM—the…
NASA is looking not to the stars but back to our planet for inspiration. In honor of Earth Day, NASA’s Kennedy Space Center shared an interactive digital tool turns satellite images of the planet’s landscapes into a typeface. “The planet can spell your name—literally,” the Kennedy Space Center’s X post says. Using a feature called “Your Name in Landsat,” users can type in whichever word they choose into the generator’s textbox. The site will then generate the phrase using landscapes from Earth, like rivers, lakes, farmland, and more. When hovering over each “letter,” users can learn more about where the…
There is an “unprecedented degree of change in the business environment,” as one CEO in the latest Fortune/Deloitte CEO survey put it. If you’re struggling to scale your company, you’re not alone. Growth is harder and fatigue is everywhere. This volatile environment makes focus all the more important. I have worked with over a hundred VC or Private Equity backed startups through scaleups, and there are consistent barriers that every CEO and C-Suite, no matter your industry or business model, must overcome in order to grow successfully. As my old boss at Cisco, John Chambers, used to say “Concentrate on…
The modern email inbox can be disorganized and unwieldy. Important emails get lost under spam and receipts, and the search function doesn’t always work like you hoped it would. Many of us gave up on inbox zero long ago. If that sounds like you, this new smart email client might be exactly what you’re looking for. Extra is an email inbox app designed by Build Forever, a software company founded by a trio of former Pinterest employees. The app intriguingly reimagines the entire user experience of the inbox from one of stacked, accumulating, text-only subject lines to an image-rich interface…