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  1. 1Podium's $150M pivot to 'founder mode' shows how startups rebuild internally
  2. 2Kimi releases K3.1 Pro, a 1M-token open-weight model
  3. 3New coarse-to-fine method speeds up parallel text generation by up to 31 times
  4. 4OpenAI scales storage infrastructure to handle 1 billion ChatGPT users
  5. 5TikTok U.S. seeks multiple gigawatts of computing power
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AI of the DayCompanyFriday, October 23

Enact Intelligence

A stealth robotics startup wants to build the software backbone for all robots

What it is

Enact Intelligence is a Swiss startup building full-stack infrastructure software meant to run across many kinds of general-purpose robots, rather than just one hardware platform.

Why now

It emerged from stealth with $30 million in pre-seed funding backed by Mistral CEO Arthur Mensch and researcher Yann LeCun, signaling serious technical credibility behind a bet that robots need a shared software layer the way computers needed operating systems.

What's next

Watch whether Enact ships its platform to real hardware partners and whether its backers' involvement leads to deeper ties with Mistral's AI models or LeCun's research direction.

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Laksh AroraLayoffs
Laksh Arora@techedlaksh

so who is gonna buy out @ElevenLabs after this one and integrate it into their products and distribution system - google - apple - openai - anthropic

Sep 29, 2026, 8:41 AM♥ 10 replies
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Wiger_aiJobs

AI 2027

Standard Chartered CEO just referred to his operational employees as “lower value human capital”. The AI transformation in the corporate world is already in full swing. In the first three months of 2026 alone, nearly fif…

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Jessica LowryJobs

AI 2027

Jessica Lowryon LinkedIn

Companies say AI lets them do more with fewer people. The numbers tell a messier story. In 2025, U.S. employers announced 1,206,374 job cuts, up 58% from 2024 and the highest annual total since 2020. By May 2026, AI was the leading reason companies gave for cutting jobs, at 40% of that month's announcements. This isn't just Big Tech. Accenture cut more than 11,000 people while revenue grew 7%. Citigroup plans to reach 20,000 layoffs by the end of 2026. Verizon has cut 13,000+ jobs since October 2025. Meanwhile, Forrester and Orgvue each found that 55% of employers who made AI-driven cuts no…

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Funding tracker

Who raised this week

$64.6Bacross 28 rounds

  1. OpenAIOther
    $30B
  2. OpenAIOther, led by UAE investors
    $30B
  3. $1.5B
  4. $1B
  5. LegoraSeries E
    $550M
  6. Otter.aiOther, led by General Catalyst
    $320M
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