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Butterfly Effect, the startup behind Manus and an earlier product called Monica, says its annual revenue run rate has hit $90M, with Manus contributing the most (Bloomberg)

Bloomberg : Butterfly Effect, the startup behind Manus and an earlier product called Monica, says its annual revenue run rate has hit $90...

20 August 2025

The Nasdaq fell 1.4%, with Nvidia down 3.5%, Palantir down 9.4% and Arm down 5%, with AI enthusiasm cooling after a critical MIT report and warning from Altman (Financial Times)

Financial Times:
The Nasdaq fell 1.4%, with Nvidia down 3.5%, Palantir down 9.4% and Arm down 5%, with AI enthusiasm cooling after a critical MIT report and warning from Altman  —  Warning from OpenAI's Sam Altman and MIT paper puncture Wall Street's enthusiasm  —  US tech stocks sold off as warnings …

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