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AI & Enterprise

Meta expands Muse AI agent from individual users to small businesses

Meta has expanded the user base for its AI agent Muse beyond individual users to small businesses. TechCrunch reported that Meta unveiled Muse for Small Business, integrating Muse with services including Shopify, Dropbox and Slack. Meta said the service focuses on helping owners run their companies and acquire new customers by connecting Muse with existing sales, operations and marketing software. Muse also links to Instagram professional accounts, Facebook Pages and Meta ad accounts.

AI & Enterprise

Startups race to build in-house AI models as fintech joins in

Startups are accelerating efforts to develop their own AI models rather than rely on those from OpenAI and Anthropic, driven by cost pressures, a desire to cut dependence and a push for greater control. Legal AI startup Harvey launched an in-house model based on Moonshot AI’s open-weight Kimi K3 after its gross margin turned sharply negative. Healthcare, customer support, fintech, coding and design startups are also building or considering custom models.

AI & Enterprise

Miro sold for $1.36 billion after once being valued at more than $17.5 billion

Italy\'s software company Bending Spoons will buy collaboration tool Miro for $1.36 billion in cash, TechCrunch reported. The price is a steep discount from Miro’s valuation of more than $17.5 billion in late 2021. Miro grew rapidly during the COVID-19 pandemic and expanded integrations and partnerships. It has more than 4 million paid users and more than 100 million total users, with about $600 million in annual recurring revenue.