This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. AI for science needs reasoning, not just data —Eric Schmidt, the former CEO of Google and the cofounder of Schmidt Sciences, and Suhas Mahesh, who leads the AI for science work…
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.
Most obvious upgrades fail because substitution is a curve shaped by switching costs, incentives, and sticky market effects, not a clean head-to-head feature comparison.
Meta is rolling out paid subscription plans for Instagram, Facebook, and WhatsApp worldwide, while also testing new AI, creator, and business-focused offerings under its broader “Meta One” subscription brand.