Payroll startup Remote says it grew revenue 50% per employee without adding headcount
Payroll service provider Remote recently surpassed $300 million in annual recurring revenue (ARR) and became cash-flow positive, thanks to a 50% increase in revenue per employee resulting from AI adoption.
With a new $100M raise, Princeton’s Thea Energy is now a top-funded fusion startup
Thea Energy’s pixel-inspired magnets could give its power plant plans a boost. The fusion startup hopes to get a commercial reactor working by 2034.
CrowdStrike and Google take down botnet used by hackers to target software developers in supply chain attacks
Cybercriminals used the Glassworm botnet to infect open source software projects with malware, and in turn hack the developers and companies that use that software.
AI coding startup Cognition raises $1B at $25B pre-money valuation
As Cognition reaches $492 million in annualized revenue run rate, it more than doubled its valuation in eight months, it says.