prakhar@affmantra.com

Klarna CEO says firm will likely reduce its workforce by 1,000 employees by 2030—partially due to AI

Sebastian Siemiatkowski, CEO of Swedish fintech company Klarna, says the organization is set to employ drastically fewer people. And he says he shares his outlook on the workforce with another CEO: Anthropic’s Dario Amodei.  Siemiatkowski made the comments on the 20 VC podcast with Harry Stebbings earlier this week, where the CEO didn’t deny that…

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Mark Zuckerberg testifies in social media addiction trial that Meta just wants Instagram to be ‘useful’

Mark Zuckerberg took the stand Wednesday in a high-profile jury trial over social media addiction. In an appearance that was described by NBC News as “combative,” the Facebook founder reportedly said that Meta’s goal was to make Instagram “useful” not increase the time users are spending in the app. On the stand, Zuckerberg was questioned…

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Digital excellence can yield exceptional in-person experiences

When I cofounded Brilliant Earth in 2005, e-commerce was still in its infancy. I believed technology could reshape the jewelry industry entirely—changing how customers find pieces they love, personalizing their own designs, and reimagining the customer experience. We launched as a digital-first venture to do just that. Now, two decades into our pioneering digital journey,…

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OpenAI, Google, and Perplexity near approval to host AI directly for the U.S. government (exclusive)

Three AI companies—OpenAI, Google, and Perplexity—are on the verge of receiving approval to sell their technology, hosted on their own cloud systems, directly to the government, a person familiar with the matter tells Fast Company. That authorization will be on a “low impact” and pilot level, the person said, but constitutes a major step toward…

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