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IrisGo, backed by Andrew Ng, bets big on AI assistants that live on your desktop

IrisGo is quietly building what may become the default AI companion for the desktop—an always-on assistant that sits in the system tray, intercepts keystrokes, and automates repetitive workflows without shipping data to a distant cloud. Backed by Andrew Ng, co-founder of Coursera and former …

Vinay Lochav | 21 May 2026

‘Solve all diseases,’ you say?

Isomorphic Labs (private), the secretive AI lab spun out of DeepMind, is edging closer to human trials of compounds it claims were invented by machine-learning models. The company’s stated ambition—“solve all diseases”—is both a rallying cry and a provocation in an industry where the …

Vinay Lochav | 21 May 2026

Airbnb’s Big Bet: Hotels, AI and the Reinvention of Travel

From Rooms to Rooms, Restaurants and Rentals

Vinay Lochav | 21 May 2026

Anthropic poised to turn its first profit as AI boom fuels revenue surge

Anthropic, the artificial intelligence startup founded by former OpenAI researchers, is on the cusp of a historic financial milestone: its first profitable quarter. The company has privately informed investors that it expects to generate $10.9bn in revenue for the second quarter of 2026—more than …

Vinay Lochav | 21 May 2026

Anthropic’s $1.25bn-a-month gamble on xAI’s compute

Anthropic’s decision to commit $1.25bn a month to xAI’s Colossus 1 data-centre is less a rational procurement choice than a declaration of existential urgency. The figure—reported via SpaceX’s regulatory filings and corroborated by Dealroom—translates to roughly $45bn over the life of the contract, which …

Vinay Lochav | 21 May 2026

Clouted automates the path to viral stardom for short videos

Clouted is a Silicon Valley-based startup founded in 2023 to automate the opaque process of turning ordinary videos into viral short-form content. At its core, Clouted deploys machine-learning models to generate, test, and iterate on hundreds of 30–90 second clips from a single source …

Vinay Lochav | 21 May 2026

General Catalyst bets big on India’s travel fintech boom

A tale of two fintechs: why travel payments are the next frontier

Vinay Lochav | 21 May 2026

Global EV market goes K-shaped as the US gets left behind

The global electric-vehicle market is bifurcating along a K-shaped trajectory—with the left leg plunging downward in America while most of the world accelerates upward. In 2025, EV registrations in China rose by 31% year-on-year, propelled by state-backed price cuts and a 20% expansion in …

Vinay Lochav | 21 May 2026

America Bets $2bn on Quantum Computing. The Stocks Are Listening

IBM secures $1 billion, GlobalFoundries receives $375 million, and D-Wave, Rigetti and IonQ join a widening federal commitment to quantum supremacy — sending the entire sector sharply higher$IBM $GFS $IONQ $QBTS $RGTIKey Highlights$2bn federal quantum package announced— Trump Administration takesEquitystakes in return, per WSJIBM …

Nitish Kishor | 21 May 2026

US Jobless Claims Fall to 209,000: Labour Market Defies War-Driven Headwinds

US weekly jobless claims dropped to 209,000 for the week ending May 16, beating forecasts and signalling labour market stability despite war-linkedInflationand high-profile tech layoffs.Key HighlightsSeasonally adjusted initial claims fell 3,000 to 209,000 for the week ending May 16, below economist forecasts of 210,000.The …

Nitish Kishor | 21 May 2026
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