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AI Coding Tools Are Faster, But Productivity Still Lags
Companies are investing heavily in artificial intelligence with the expectation that it will unlock major productivity gains, especially in software engineering. AI coding tools can now help developers produce more code faster than ever, with some workers saying tasks that once took a week can now be completed in a day. Tools like Claude Code have made individual coding work quicker, but the larger business results are still less clear. More code does not automatically mean b
Covertly AI
Jun 103 min read


Microsoft Scout Brings Always-On AI Agents to Work
Microsoft is entering the next phase of workplace AI with the launch of Microsoft Scout, an always-on personal assistant built to work across the Microsoft 365 ecosystem. Inspired by the open-source OpenClaw project, Scout is designed to move beyond the basic question-and-answer style of most AI tools. Instead of waiting for users to prompt it every time, Scout can stay active in the background, learn how someone works, and help carry tasks forward across apps like Teams, Out
Covertly AI
Jun 73 min read


Lovable Expands Google Cloud Deal to Supercharge AI Coding
Lovable is expanding its relationship with Google Cloud through a new multiyear agreement that could significantly accelerate its growth in enterprise AI. The Stockholm-based startup, known for its fast-growing vibe-coding platform, has already been a longtime Google Cloud customer. Under the expanded partnership, Lovable is expected to increase its Google Cloud footprint fivefold, including much higher usage of cloud and AI services. Although the companies did not disclose t
Covertly AI
Jun 73 min read


OpenAI Misses Growth Targets as AI Competition Intensifies
Concerns about the future of the artificial intelligence boom intensified this week after multiple reports revealed that OpenAI, the company that helped ignite the generative AI race with ChatGPT, has reportedly fallen short of its own ambitious growth and revenue expectations. The developments have sparked wider questions about whether the enormous spending pouring into AI infrastructure can continue at its current pace and whether OpenAI can maintain its leadership position
Covertly AI
Jun 63 min read


AI Token Costs Are Forcing Companies to Rethink AI Spending
As artificial intelligence continues to reshape the business world, a new concern is emerging alongside the excitement surrounding the technology: cost. For the past few years, companies have focused heavily on increasing AI adoption, encouraging employees to use AI tools, and investing billions of dollars into developing more powerful models. Now, however, many organizations are beginning to realize that widespread AI use comes with significant expenses, particularly as toke
Covertly AI
Jun 43 min read


Morgan Stanley Opens $1 Trillion Wealth Platform to AI Agents
Morgan Stanley is preparing to make one of Wall Street’s biggest moves into the AI agent era by opening parts of its wealth management infrastructure to external artificial intelligence agents. The firm will allow corporate clients’ AI tools to connect directly with its stock administration platforms, ShareWorks and Equity Edge, so they can pull data and insights without relying on traditional software interfaces built for human users. This marks one of the earliest examples
Covertly AI
Jun 33 min read


AI Psychosis Warning: Why Tech CEOs Must Rethink AI Hype
Tech leaders are being warned about a growing problem in the artificial intelligence boom: “AI psychosis.” The phrase, used by Box CEO Aaron Levie, describes the way some executives become overly convinced that AI agents can quickly replace human work after seeing impressive demos or simple prototypes. Levie argues that CEOs are especially vulnerable because they are often far away from the “last mile” of real work, where AI outputs must be checked, corrected, integrated, and
Covertly AI
May 303 min read


Vertu Alphafold Brings Luxury AI Foldable Phones to CEOs
Luxury smartphone brand Vertu is trying to make a comeback in the AI era with the Alphafold, a premium foldable phone built for executives who want artificial intelligence tied directly into business workflows. Starting at $6,880, the device is aimed less at everyday smartphone buyers and more at CEOs, founders, and wealthy professionals who manage work on the move. Higher-end versions include materials such as alligator leather, 18K gold, and diamond accents, with the top st
Covertly AI
May 283 min read


SpaceX IPO Signals Elon Musk’s Big Push Into Space and AI
SpaceX’s long-awaited IPO filing shows a company aiming to be much more than a rocket business. The company, founded by Elon Musk 24 years ago, is preparing to go public on the Nasdaq under the ticker “SPCX” in what could become the largest IPO ever. Reports suggest the offering could raise around $75 billion and value SpaceX at nearly $1.75 trillion to $2 trillion. For investors, the bet is not only on SpaceX’s current success with rockets and satellites, but also on Musk’s
Covertly AI
May 233 min read


Anthropic Acquires Stainless to Boost Claude AI Tools
Anthropic’s acquisition of Stainless marks another important step in the growing competition around AI developer tools and agent connectivity. As AI moves beyond simple chatbots and into agents that can complete tasks, connect to business systems, and interact with outside software, the tools that help developers build those connections are becoming more valuable. Stainless, founded in 2022 by former Stripe engineer Alex Rattray, specializes in generating software development
Covertly AI
May 193 min read


Cisco Cuts Jobs as AI Revenue and Stock Surge
Cisco is making a major shift toward artificial intelligence, even as it reports some of its strongest financial results in years. The networking technology giant announced that it is cutting nearly 4,000 jobs, representing less than 5% of its workforce, while also reporting record quarterly revenue and stronger-than-expected earnings. The move shows how major tech companies are increasingly restructuring around AI, even when their overall business performance remains strong.
Covertly AI
May 173 min read


Anthropic’s Claude Pushes AI Toward Proactive Work
Anthropic’s Claude is quickly moving beyond the idea of a simple chatbot and toward a future where AI can understand a person’s work, habits, and needs before they even ask for help. Cat Wu, Anthropic’s head of product for Claude Code and Cowork, recently explained that the next major step for AI assistants will be “proactivity.” Instead of only responding when users type a prompt, future AI systems could recognize patterns, set up automations, and help with tasks before user
Covertly AI
May 143 min read


UK Pushes Sovereign AI as Foreign Tech Risks Grow
As artificial intelligence becomes deeply embedded in modern economies, governments and businesses alike are confronting a growing challenge: how to balance innovation with control. Across the United Kingdom and Europe, concerns over dependence on foreign AI providers—particularly those based in the United States—are accelerating efforts to establish what is increasingly referred to as “digital sovereignty.” Recent developments, ranging from corporate contingency planning to
Covertly AI
May 33 min read


Blackstone Launches AI Unit N1 to Lead Private Equity Shift
Blackstone Inc. is making a significant organizational shift as it deepens its commitment to artificial intelligence, consolidating its growth-focused investing operations into a new West Coast division designed specifically around its AI and high-growth technology portfolio. The new unit, called Blackstone N1, will be based in San Francisco and will centralize the firm’s AI strategy, including investments in major companies such as OpenAI and Anthropic. This move reflects th
Covertly AI
May 33 min read


Anthropic’s $900B Valuation Could Shake Up the AI Race
Anthropic, the company behind the Claude AI assistant, is reportedly considering one of the largest private funding rounds in technology history. The AI startup has received several preemptive offers to raise around $40 billion to $50 billion at a valuation between $850 billion and $900 billion. If completed, the deal would more than double Anthropic’s previous valuation of $380 billion from February and could place it at or above OpenAI’s recent private market valuation. Inv
Covertly AI
May 23 min read


Customers Bank CEO Uses AI Clone in OpenAI Deal
Customers Bank CEO Sam Sidhu made an unusual announcement during the company’s first-quarter earnings call: the prepared remarks analysts had just heard were not read by him, but by his AI clone. Sidhu described it as a potential first for a public company earnings call and used the moment to highlight a much larger shift happening inside the bank. Customers Bank, a $25.9 billion asset lender focused on startups and small businesses, is now moving deeper into artificial intel
Covertly AI
May 23 min read


CoLab AI and Bombardier Deal Transforms Aerospace Engineering
CoLab’s multimillion-dollar artificial intelligence partnership with Bombardier Inc. represents a major advancement in the application of AI within aerospace engineering and manufacturing, demonstrating how the technology is increasingly being embedded into real industrial operations rather than remaining in experimental stages. Announced in April 2026, the agreement focuses on deploying CoLab’s engineering-focused AI systems across Bombardier’s business jet design and produc
Covertly AI
Apr 263 min read


Google Workspace AI Upgrade: Gemini Turns Into Office Assistant
Google is significantly expanding its Workspace suite with new artificial intelligence features designed to transform everyday office work into a more automated and assistant-driven experience. Announced at Google Cloud Next 2026, the updates introduce deeper AI integration across Gmail, Docs, Sheets, Drive, and other Workspace tools, aiming to reduce repetitive administrative work and allow employees to focus more on analysis, creativity, and decision-making. The company fra
Covertly AI
Apr 233 min read


Databricks Co-Founder Says AGI Is Already Here After ACM Win
Matei Zaharia, the Databricks co founder and chief technology officer, is once again at the center of a major conversation in tech. This time, it is not only because he won the 2026 ACM Prize in Computing, one of the field’s most respected honors, but also because of the bold claim he made alongside that recognition: artificial general intelligence, or AGI, is already here. His comments have added fresh energy to one of the most debated questions in artificial intelligence, e
Covertly AI
Apr 83 min read


OpenAI Shuts Down Sora as Deepfake and Cost Concerns Grow
OpenAI’s decision to shut down Sora only six months after launch marks a surprisingly fast end for one of the company’s boldest consumer AI experiments. Released in September as a short form video app, Sora was designed to let users create, remix, and share AI generated clips in a social feed similar to TikTok. At first, the app looked like a major hit. It went viral almost immediately, reached one million downloads in less than five days, and later peaked at more than 3.3 mi
Covertly AI
Mar 253 min read
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