Alphabet CEO Sundar Pichai Downplays AI Layoff Fears, Stresses Growth

Alphabet’s CEO Sundar Pichai says AI won’t cut jobs—it’ll help employees work smarter. He’s optimistic about hiring more engineers next year as AI speeds up development. While past layoffs happened, Pichai points to growth in YouTube, Waymo, and quantum computing. He’s hopeful about AI’s progress, but admits we can’t be sure AGI will ever truly arrive.

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ThreatSpike Raises $14M to Scale Its Unified Cybersecurity Platform

UK cybersecurity company ThreatSpike secures $14M in Series A funding from Expedition Growth Capital, following 14 years of self-funded operations. Known for its all-in-one security solution tailored for mid-sized companies, ThreatSpike blends AI-powered threat detection, response, and real-time testing. The funds will fuel global growth, product innovation, and expansion of its engineering and security teams.

Read more on: Securityweek

Mistral Unveils AI Coding Assistant to Rival Copilot

French AI startup Mistral has launched Mistral Code, an AI-powered coding assistant built on the open-source Continue project. Supporting 80+ languages, it offers cloud or on-prem deployment, enterprise controls, and integration with JetBrains and VS Code. Backed by €1.1B funding, it powers clients like Capgemini and SNCF, and promises ongoing open-source contributions.

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Windsurf reports Anthropic is restricting direct access to Claude AI models

Anthropic has reduced Windsurf’s access to its Claude 3.5 and 3.7 models, prompting CEO Varun Mohan to express disappointment over the short notice. Windsurf, reportedly being acquired by OpenAI, now relies on third-party providers and user-supplied API keys. This limits access to Claude 4, frustrating users and complicating competition in the fast-growing vibe coding space.

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Snowflake Acquires Crunchy Data to Launch Enterprise-Grade Postgres

Snowflake is acquiring Crunchy Data—an open-source Postgres specialist—in a deal estimated at $250M. The move enables Snowflake to roll out Snowflake Postgres, bolstering its AI Data Cloud with enterprise-grade PostgreSQL capabilities. As demand for AI-ready data infrastructure rises, Snowflake joins tech giants racing to enhance database offerings tailored for AI-driven enterprise applications.

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Console Raises $6.2M to Automate IT Help Desk with AI

Ex-Rippling product lead Andrei Serban launched Console to automate routine IT help desk tasks using AI. With quick Slack integration and support from Scale AI, Calendly, and Thrive Capital, Console resolves over 50% of requests autonomously. The startup aims to expand into HR, finance, and legal, becoming employees’ go-to solution for workplace support.

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Salesforce Acquires Moonhub, an AI-Powered Hiring Solutions Startup

Salesforce is integrating members of Moonhub’s team, an AI-driven startup specializing in talent acquisition, following Moonhub’s closure announcement. Though not a full acquisition, the move aligns with Salesforce’s growing AI strategy. Moonhub, backed by investors like Khosla Ventures and Salesforce, built tools for automated hiring. The team will now help enhance Salesforce’s AI-driven HR solutions.

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Heatseeker AI Raises $1.5M to Disrupt Market Research with Real-Time Insights

Australian startup Heatseeker AI has secured $1.5M in US-led pre-seed funding to scale its behavioral research platform. With clients like Medibank, Tyro, and Bain, the platform captures real-time customer behavior. Led by ex-Cisco innovator Kate O’Keeffe, the team runs product in Australia and sales from the US—mirroring Atlassian and Canva’s global playbook.

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Perplexity Unveils ‘Perplexity Labs’ to Expand Beyond Search with AI-Powered Productivity Tools

Perplexity has launched Perplexity Labs for Pro subscribers, enabling users to create reports, dashboards, web apps, and more using AI. Available on web and mobile, Labs boosts functionality with tools like code execution and data visualization. The move strengthens Perplexity’s enterprise appeal, aligning with reports of a potential $1B raise at an $18B valuation.

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Snabbit Secures $19M to Accelerate Quick Service Expansion

Mumbai-based Snabbit has raised $19M in a Series B round led by Lightspeed, bringing its 2024 total to $24.5M. The quick service startup, now active in 10 micro-markets, plans to expand to 200+ in 9 months. Founder Aayush Agarwal cites strong traction in Mumbai and Bengaluru as the driver behind this aggressive growth push.

Read more on:YourStory

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