A home and a Country
Do not lose all hope for us
Though faint, some faith I hold
The pages are still numbered
Some truth can still be told
Each day the plot unravels more
The author can’t be sane
At least we stand united that
the other side’s to blame
@PoetrySociety
Measuring someone's productivity by their token usage is a horrible idea. Giving everyone the same fixed token budget isn't much better. So what's the right way to roll out AI across your org?
We built a system to measure how many productive engineering hours every Devin task is worth, validated against a dataset of real engineers’ times estimates. The goal is to answer the fundamental question that companies are grappling with: how much real value are you getting from each of your agent sessions?
On top of that, we're giving an AI productivity guarantee! Now if Devin delivers less engineering value than you're paying for, we fund your usage until it does.
The whole industry needs to move from measuring activity to measuring output. We hope to see more AI companies taking this approach.
Most companies slow down at scale.
Ramp is accelerating.
70,000+ businesses now run on Ramp. AI agents are becoming part of the finance team. And @RampLabs is shipping frontier experiments every week.
Today: $ 44B.
The next chapter of finance will be agentic and we’re building it.
Introducing Stack.
The AI operating system that lets accounting firms take on more clients without hiring. Learns your firm's process, runs the close, posts the journals. Fully auditable.
We’re living through the biggest shift in accounting since the spreadsheet.
I’m excited to announce micro1 has raised a $35M Series A, valuing us at $500M. This round was led by 01A with @adambain joining our board of directors.
We’re grateful to be partnering with leading AI Labs & fortune 10s, such as Microsoft, to train frontier LLMs.
We’re just getting started building the infrastructure layer for AGI, with the ultimate goal of answering the very fundamental question: “where should humanity spend its time?”
Today, @tryramp raised $500M at a $22.5B valuation.
Finance is at an inflection point. How does an industry change?
Gradually, then suddenly. Decades where nothing happens; months where decades happen.
Now, we’re teaching software to think like people. Exciting times ahead.
Last week, @cognition_labs dropped Devin 2.0 last week. This isn’t just dev productivity - it’s the beginning of AI rewriting the core infrastructure of finance, healthcare, government, etc.
“AI is not just a wedge - it’s a chisel for legacy itself.”
Our breakdown of what comes next:
https://t.co/gIg4URQnjR
#fintech #AgenticAI
Legacy systems are the enemy of innovation. Vesta is rewriting the mortgage infrastructure playbook, proving that 'the way it’s always been done' isn’t the way forward. Excited to see their LOS push the industry into the future. 🚀 @useVesta#Fintech#MortgageTech
“Investors were most excited when they saw that over half of every dollar that @tryramp puts into payroll goes into R&D.
That's just really different.
It's what drives the experience where customers today feel that every year they use Ramp it's getting dramatically better.
It took us 4 years to save our customers a billion dollars, automate 10M hours of work. We did what took us 4 years earlier in the company within 1, and so it's accelerating.”
Thank you @Kr00ney for the in-depth conversation on Ramp
Thank you to @Redpoint for recognizing Modal in the 2024 #InfraRed100 list, which recognizes the top private companies in cloud data infrastructure, for the second year in a row! ❤️
Read the full report here: https://t.co/18BE16RJMW
This is going to be an incredibly high quality event — @rauchg and @leeerob and the @vercel team are doing some of the most interesting work in Applied AI right now, and @koblovinamerica and @nzgb are going to share a lot of interesting work coming through at @tryramp. Join us!