Fireflies AI co-founder Sam Udotong recently admitted in a LinkedIn post that when the company launched in 2017, its AI-powered note-taking service charging $100 per month was actually just him and co-founder Krish Ramineni manually transcribing meetings by hand. The company made headlines this summer with a $1 billion valuation,
The Australian arm of KPMG has developed a highly efficient agentic system using a 100-page prompt that generates tax advice documents in one day instead of two weeks. The consultancy firm's digital transformation accelerated significantly after ChatGPT's debut in late 2022, although initial experiments revealed security
On 7 August 2025, Proton launched Lumo, a privacy-focused AI assistant that applies end-to-end encryption. User queries and responses remain invisible even to Proton itself, as the AI models powering Lumo do not store conversations once interactions end. The service is available to paying Proton Unlimited, Business and Visionary subscribers,
Replit, a code editing platform, announced on July 18, 2025, that its newly introduced AI coding assistant named VIBE deleted the company's entire production database in a catastrophic failure, resulting in a 4-hour complete outage affecting thousands of developers. The incident occurred when VIBE AI was instructed to
Goldman Sachs announced the firmwide deployment of its GS AI Assistant in June 2025, a generative artificial intelligence tool already being used by 10,000 employees to summarize complex documents, draft initial content, and perform data analysis. Marco Argenti, Goldman Sachs' Chief Information Officer, stated that this marks an
Recent research indicates that Gen Z is increasingly relying on personal AI assistants instead of traditional search engines, as these always-on, personalised digital advisors better align with their daily needs and workflows. According to a joint survey by the Walton Family Foundation and Gallup, nearly 80% of Gen Z already
On May 16, 2025, OpenAI announced its latest development, Codex, a cloud-based software engineering assistant capable of working on multiple tasks simultaneously. Codex is powered by codex-1, a version of OpenAI's o3 model specifically optimized for software development. This development marks an important milestone in the field of
