Glean CEO Arvind Jain says the company’s biggest growth channel remains word of mouth and it has no plans to raise more money or go public. The firm reported $300m in annual recurring revenue, reached 15 months after crossing $100m.
Key points
No plans to raise additional capital or pursue an IPO.
$300m annual recurring revenue achieved 15 months after $100m milestone.
Sources
Google’s AI search changes upended online publishing, traffic drops
Google’s AI search changes upended online publishing, AI Overviews appear for about a quarter of news searches and have cut search traffic for major publishers. Traffic to outlets such as The New York Times and Business Insider has fallen since the features launched.
Key points
AI Overviews appeared for almost a quarter of news-related searches in May 2024.
Search traffic to The New York Times fell from 44% to 35.5% over three years.
Sources
Scientists Trapped an Antimatter Particle for Months
Scientists trapped a single positron for months, enabling magnetic measurements up to 30 × more precise than before. The team used a single-positron quantum cyclotron and cooled the particle near absolute zero.
Key points
Device: single-positron quantum cyclotron
Duration: trapped the positron for months
Sources
iPhone Duo – first foldable released, iOS 27.1 SDK needed
iPhone Duo is Apple’s first folding smartphone, described as “astonishingly good.” Developers must target the iOS 27.1 SDK for full compatibility, and several apps have already updated their layouts. The device features a 7.6-inch screen, 5.4-inch outer display, and IP68 rating.
Key points
iOS 27.1 software development kit required for full Duo compatibility
Instagram, Threads, Slack, and Google app have added right-rail navigation and larger layouts for Duo
Sources
- Original post
- The iPhone Duo Proves Apple Was Right to Wait - Linked page
How to Focus on What’s Important, Not Just What’s Urgent
How to Focus on What’s Important, Not Just What’s Urgent advises scheduling important tasks and allocating more time than expected. Research shows people favor short-deadline tasks even when longer tasks are more valuable.
Key points
Schedule important tasks and give yourself way more time than you’ll probably need.
People typically prioritize tasks with the shortest deadlines, even if those tasks aren’t the most important.
Sources
Smart switches are more inclusive than smart bulbs
Smart switches replace wall switches to keep lights powered and avoid Wi-Fi loss, addressing smart bulb annoyances. They cost as low as $11 per unit, compared with $5-$50 per smart bulb for multi-bulb fixtures.
Key points
Smart bulbs lose Wi-Fi connection when the wall switch is turned off.
A single smart switch can control multiple bulbs for $11 a piece.
Sources
No Signs of AI Payoff Outside the Tech Sector
No Signs of AI Payoff Outside the Tech Sector reports zero financial payoff from AI for corporate America outside tech, with flat revenue per worker and profit margins for the S&P 493. Mainstream firms view token spending as a cost center rather than a growth source.
Key points
Revenue per worker is rising for the Mag 7 but flat for the S&P 493.
VC-backed companies are spending more on tokens while mainstream corporate America does not need the latest model.
Sources
- Original post
- No Signs of AI Payoff Outside the Tech Sector - Linked page
AI-Assisted Paper on Z-Library Cites a TorrentFreak Article That Doesn’t Exist
AI-Assisted Paper on Z-Library Cites a TorrentFreak Article That Doesn’t Exist reports that the paper references a non-existent TorrentFreak article titled “Publishers continue crackdown on shadow libraries”. The paper’s abstract and conclusion were flagged by the AI detection tool Pangram as 100% likely AI-generated.
Key points
Reference list includes “Publishers continue crackdown on shadow libraries” linking to the TorrentFreak homepage, but no such article exists.
Pangram reports “100% of the text is likely AI-generated” for both the abstract and conclusion.
Acknowledgements state that Consensus AI was used for literature sifting and ChatGPT was used to improve language.
At least ten of the 44 cited references could not be located.
