When you work in a company, the company moves not with the speed of every individual. The company moves with the speed of the outcome that those individuals produce together. If I boost my individual productivity but I still wait two weeks between my milestone and the next person's milestone, it doesn't matter if I accomplish the task in one hour instead of one week.
Forethought was co-founded by Deon Nicholas, who serves as executive chairman, and Sami Ghoche, who became CEO in 2024 after previously serving as CTO. The pair founded the company when they were 24, and by 2025 the platform was handling more than a billion customer interactions per month for clients including Upwork, Grammarly, Airtable, and Datadog.
The new model consolidates some of the capabilities that OpenAI had previously spread across separate models, bringing together the coding strengths of GPT-5.3-Codex-the company's leading programming model-improved reasoning skills, and the agentic ability for the model to navigate desktops, browsers, and software applications autonomously.
While releases will be more frequent, their smaller scope minimizes disruption and simplifies post-release debugging. And thanks to recent process enhancements, we are confident this shift will maintain our high standards for stability.
The four-year-old startup saw its revenue run rate double over the past three months. Founded in 2022, Cursor initially sold its product primarily to individual developers. Over the last year, however, it has focused more on landing large corporate buyers, which now account for approximately 60% of revenue.
It's about replacing entire layers of business process management with intelligent systems that route work, make recommendations, and execute decisions autonomously. PEGA builds workflow automation and CRM software specifically designed for this transformation. The company generates $1.73 billion in trailing revenue with a 16.1% profit margin, focusing on AI-driven customer engagement and process automation. Recent quarters show dramatic profitability improvement, with Q1 2025 delivering $85.4 million in net income after the company posted losses in 2022.
Enterprise software company ServiceNow agreed to acquire a nine-year-old cybersecurity startup, Armis, for $7.75 billion in cash. The deal is a massive valuation jump for the company. Just last month, Armis raised a $435 million pre-IPO funding round, which valued the company at $6.1 billion. Armis co-founder and CEO Yevgeny Dibrov had told TechCrunch last month that the company aims to go public in late 2026 or 2027, adding that an IPO is his "personal dream."
A portmanteau of "development" and "operations," devops emerged as a way of bringing together two previously separate groups responsible for the building and deploying of software. In the old world, developers (devs) typically wrote code before throwing it over to the system administrators (operations, or ops) to deploy and integrate that code. But as the industry shifted towards agile development and cloud-native computing, many organizations reoriented around modern, cloud-native practices in the pursuit of faster, better releases.
At the same time, internal emails sent this summer by senior sales employees in its Worldwide Field Operations - which works with customers to deploy its technology - reveal it's contending with some hurdles as it tries to tell clients a "comprehensive software story" and sell those products alongside its highly sought-after AI hardware.
WisdomAI, the new AI data analytics startup from Rubrik co-founder Soham Mazumdar, has landed a fresh $50 million Series A led by Kleiner Perkins with participation from new investor NVentures (Nvidia's venture capital arm). This round comes roughly six months after the startup announced a seed round of $23 million led by Coatue. WisdomAI offers AI-driven data analytics that can answer business questions from structured, unstructured, and even "dirty" data, meaning data that hasn't been cleaned of typos or errors.