2026-08-26
Vanguard is acquiring Altruist, the AI custody platform it backed six years ago
Vanguard has agreed to acquire Altruist, an AI-driven custody and software platform for independent financial advisers that it first invested in during 2020, on undisclosed terms. Britain and the EU are addressing the same shortage of advice through rule changes rather than acquisitions. Vanguard is buying the platform it helped fund. It has agreed to […]<br /> This story continues at The [...]
2026-08-26
Deep Cogito Raises $43M Series A to Build the Post-Training Engine for Self-Improving AI
Deep Cogito has raised a $43 million Series A as the San Francisco AI lab looks to scale an increasingly important part of the artificial intelligence stack: what happens after a foundation model has already been pre-trained. The round was led by TQ Ventures, with participation from Benchmark, Nexus Venture Partners, Atreides Management, South Park Commons, and cloud security company Zscaler, whic [...]
2026-08-26
Microsoft staff are burning a median $300 a month on AI, according to their own spreadsheet
An internal spreadsheet where Microsoft employees swap pay details now carries a column for monthly AI spend, with a median of about $300 over 28 days across roughly 350 entries. Business Insider found no meaningful link between heavy AI use and bonuses, raises or promotions. Microsoft employees have started comparing their AI bills the way […]<br /> This story continues at The Next Web [...]
