Happy Friday. I’m back from vacation and still getting caught up on everything I missed. AI researchers moving jobs is getting covered like NBA trades now, apparently.
Before I get into this week’s issue, I want to make sure you check out my interview with Perplexity CEO Aravind Srinivas on Decoder this week. It’s a good deep dive on the main topic of today’s newsletter. Keep reading for a scoop on Substack and more from this week in AI news.
From chatbots to browsers
So far, when most people think of the modern AI boom, they think of a chatbot like ChatGPT. Now, it’s becoming increasingly clear that the web browser is where the next phase of AI is taking shape.
The reason is simple: the chatbots of today don’t have access to your online life like your browser does. That level of context — read and write access to your email, your bank account, etc. — is required if AI is going to become a tool that actually goes off and does things for you.
Two recent product releases point to this trend. The first is OpenAI’s ChatGPT Agent, which uses a basic browser to surf the web on your behalf. The second is Comet, a desktop browser from Perplexity that takes it a step further by allowing large language models to access logged-in sites and complete tasks on your behalf. (OpenAI is rumored to be planning its own full-fledged browser.)
Neither ChatGPT Agent nor Comet works reliably at the moment, and access to both is currently gated to expensive subscription tiers due to the higher compute costs required to run the reasoning models they necessitate. Perhaps most frustratingly, both products claim to do things they can’t, not just in marketing materials, but in the actual product experience.
ChatGPT Agent is a read-only browser experience — it can’t access a logged-in site like Comet — and that severely limits its usefulness. It’s also very slow. My colleague Hayden Field asked it to find a particular kind of lamp on Etsy, and ChatGPT Agent took 50 minutes to come back with a response. It also failed to add items to her Etsy cart, despite claiming it had done so.
While Comet is nowhere near as slow, I’ve had numerous experiences with it claiming it has completed tasks it hasn’t, or stating it can do something, only to immediately tell me it can’t after I make a request. Its sidecar interface, which places the AI assistant to the right of a webpage, is excellent for read-only tasks, such as summarizing a webpage or researching something specific I’m looking at. But as I told Perplexity CEO Aravind Srinivas on Decoder this week, the overall experience feels quite brittle.
It’s easy to be a cynic and think the current state of products like Comet is the best AI can do at completing tasks on the web. Or, you can look at the last few years of progress in the industry and make the bet that the same trend line will continue.
During our chat this week, Srinivas told me he’s “betting on progress in reasoning models to get us there.” OpenAI built a custom reasoning model specifically for ChatGPT Agent that was trained on more complex, multi-step tasks. (The model has no public name and isn’t available via an API.)
Even with the many limitations and bugs that exist today, using Comet for just a few days has convinced me that the mainstream chatbot interface will merge with the browser. It already feels like taking a step back to merely prompt a chatbot versus interacting with a ChatGPT-like experience that can see whatever website I’m looking at. Standalone chatbots certainly aren’t going away, especially on smartphones, but the browser is what will unlock AI that actually feels like an agent.
- What could have been for Substack: Before the newsletter platform raised the $100 million round it announced this week, two sources tell me that Vice founder Shane Smith approached Substack’s co-founders about acquiring the company. It’s unclear how far the talks progressed, though Smith also discussed the idea with potential financial backers. Substack’s leadership rebuffed his takeover interest but suggested he could invest in the round they just closed. It’s unclear if he did. Neither Smith nor Substack responded to my request for comment.
- The end of reverse acquihires? While I was out on vacation, it was interesting to observe the intense backlash to the Windsurf/Google reverse acquihire. This pattern, where the founders of a buzzy AI startup parachute into the arms of Big Tech and leave the rest of their team to pick up the pieces, is nothing new. It’s an unfortunate byproduct of the antitrust scrutiny on Big Tech, which so far seems to have figured out how to acquire what it wants by leaving behind a husk of a startup and calling its payouts “licensing fees.” But given how Cognition messaged its rescuing of Windsurf’s remaining team (“every single employee is treated with respect and well taken care of in this transaction”), I wonder if the next AI startup founder will think twice before leaving their team behind.
- Mira Murati’s new AI lab will have an enterprise angle. I feel confident in that prediction after seeing who her financial backers are for her new lab, Thinking Machines. ServiceNow and Cisco aren’t investing in a ChatGPT competitor. Given the level of talent she has managed to assemble, the industry will be paying close attention to whatever “multimodal AI” product the team releases in the coming months. Is there room for another Anthropic-like rival to OpenAI? We’re about to find out.
- AI researchers can’t get US visas. NeurlPS, the premier AI research conference, has experienced such high attendance demand for this year’s event in San Diego that they’ve added a second location in Mexico to accommodate approximately 500 more people. The conference’s announcement states that there have been “difficulties in obtaining travel visas” for attendees wishing to attend the main US event. Yikes.
Some noteworthy career moves
- Zuckerberg’s new Superintelligence lab is getting considerably bigger. This week saw the addition of OpenAI’s Jason Wei and Hyung Won Chung, which means that Meta has now poached 5 of OpenAI’s 21 “foundational contributors” to o1. Augustus Odena and Maxwell Nye, co-founders of the Adept AI startup that Amazon reverse acquihired to kickstart its AGI lab, also joined, along with Mark Lee and Tom Gunter from Apple. Meanwhile, the entire team behind the voice AI startup PlayAI has officially joined (some companies are still small enough for Big Tech to acquire outright). And in what should be an ominous signal to everyone in the broader AI group currently undergoing DOGE-style interviews with Alexandr Wang’s new team, VP of Product Connor Hayes has moved over to run Threads.
- Anthropic’s head of engineering, Brian Delahunty, joined Google Cloud to lead AI agent engineering. Meanwhile, Boris Cherny and Cat Wu returned to Anthropic after an alarmingly brief tenure in leadership roles at Cursor. Paul Smith is also leaving ServiceNow to be Anthropic’s first chief commercial officer.
- Reddit CMO Roxy Young is leaving amid what appears to be a broader leadership reshuffling.
- More brain drain at Tesla: This time it’s Troy Jones, head of sales for North America.
- Astronomer CEO Andy Byron and HR chief Kristin Cabot (that couple from the Coldplay concert) have been put on leave pending an internal investigation.
If you haven’t already, don’t forget to subscribe to The Verge, which includes unlimited access to Command Line and all of our reporting.
As always, I welcome your feedback, especially if you have thoughts on this issue or a story idea to share. You can respond here or ping me securely on Signal.
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![This former notorious red-light district is now one of the world’s top AI hubs | TechCrunch
What every U.K. AI startup wants to know these days is, how can I get office space in King’s Cross?
The area is so hot that a VC firm allegedly recently won a deal by promising a founder office space in the neighborhood. “We stop at nothing to win deals [for] and to support” founders, “including helping them source office space when needed,” the firm told me when asked about the rumor, declining to confirm or deny any details.
The neighborhood’s popularity began back in 2016 when DeepMind — then newly acquired by Google — moved in. Soon after, a flood of AI startups followed, wanting to be around the Google DeepMind magic. Today, they hope to take advantage of the cluster of AI talent there.
This has transformed King’s Cross into one of the world’s top AI hubs, rivaled only by San Francisco and Beijing. Around London, it’s known by the sobriquet “Knowledge Quarter,” as it’s home to names like OpenAI, Meta, Isomorphic Labs, Cusp AI, Wayne, Recursive, and, a little farther down the road, Synthesia and Anthropic. The European Technology Network (ETN) just moved into a glossy new office nearby, while University College London sits around the corner.
Mixed in with the new developments are trendy food spots like Hoppers and BAO. Hop a train from King’s Cross, and founders can be in Cambridge in 45 minutes to source talent or can be in Paris in two hours to strike a deal.
Who would have guessed that a little more than 20 years ago, this was one of the seediest areas in London?
“In the ’80s, crack and heroin made the area a major narcotics market,” Hussein Kanji, an investor at Hoxton Ventures, said, recalling syringes in tree trunks and gangs patrolling the streets. “In 1982, the local church was occupied by the English Collective of Prostitutes for 12 straight days.” Then, in the early 2000s, a real estate developer had a dream and, well, “now it is the AI hotbed of the United Kingdom,” Kanji said. “What a change.” Around 18 months ago, his portfolio company BioCorteX moved from the neighborhood Holborn to the Jellicoe building in King’s Cross, hoping to be near the action. “Lots going on in London right now,” Nik Sharma, co-founder of BioCorteX, told me. “Lots of hyperscalers moving in.” That includes, reportedly, Jeff Bezos’ AI company Prometheus, which is also said to be in talks to move into the Jellicoe.
There are around 3,600 AI startups in London, which, together, have raised around .1 billion out of the .8 billion raised in the city since late July, according to Dealroom. Since the start of June, AI-related startups have leased more than 1 million square feet of office space in London, according to the real estate firm Knight Frank. With that, prime rents in King’s Cross have risen 18% over the past three years, Chris Dunn, a commercial insight associate at the firm, told me. That percentage represents only the largest leases encompassing at least 10,000 square feet, like the ones OpenAI and Prometheus are signing. The shorter deals go for even more, he said, and now the vacancy rate for conventional office space is just 0.9%. “Demand has outstripped supply,” he continued.
Today, one of the big topics of the area is sovereignty. It was a wake-up call for many when Anthropic shut off access to Mythos and Fable this summer, leaving some in the ecosystem to conclude: “We’d better look after ourselves,” Saul Klein, co-founder of the VC firm Phoenix Court, told me.
Phoenix Court is located in the King’s Cross area and has three portfolio companies in the vicinity, including Olix (which just announced a .3 billion valuation), Early Health and CoMind. Robin Klein, co-founder of the firm, said the shutdown of Fable and Mythos access was a “small but sharp reminder that Europe can’t simply rent its AI capabilities and capacity; it needs to build and hold some of its own.” King’s Cross, he said, is where much of this building is actually happening.
“The bigger question,” he continued, “is whether the U.K. builds the infrastructure, compute, energy, capital, to make this self-reliance durable, rather than just hosting outposts of U.S. labs.”
Image Credits:Phoenix Court
Top founders want to stay
Simon Kohl, founder of Latent Labs, has offices in King’s Cross and San Francisco. The London office, at the moment, is growing faster, and he’s more bullish than ever on the ecosystem, he said. “The mood right now feels less like London trying to catch up and more like London becoming one of the default places to start a serious AI company,” he said. Look around and you are likely to see Wayve testing its autonomous cars. Founded in 2017 by co-founder Alex Kendall, the unicorn is one of London’s biggest success stories.
“Ten years ago, building a frontier AI company from London felt like an unusual choice,” Kendall told me. “Now it feels like an obvious one.” Wayve moved into King’s Cross in 2018 looking for a space that could double as a garage — “a rare combination in Central London,” Kendall said. He has watched the ecosystem mature around him — and it’s now evident that a startup can stay in London, raise serious capital, hire world-class AI talent, and remain globally competitive, he said. Down the street from Anthropic’s new 158,000-square-foot office is the AI agent builder Sierra and the AI video platform Synthesia.
Laura Gonzalez Florez, Synthesia’s chief of staff and head of people, says the company moved into its glossy new office building a year ago to accommodate its growing team. They were drawn to the area for the same reason as everyone else: “It’s very close to the airport … very close to where a lot of investors are,” she said.
Image Credits:Synthesia
Around two-thirds of Synthesia’s engineers are remote, Gonzalez Florez said, letting the company tap into an affordable, international, and diverse talent pool and helping it scale faster. “From London, we can hire and work, without any problem, people from anywhere, from Slovenia to Portugal,” she said.
Unsurprisingly, London’s AI boom is also causing a talent war.U.K. AI job postings have skyrocketed in the past few years, per data from PwC. When Anthropic announced it moved into town earlier this year, it listed, for example, a salary range of £260,000 to £630,000 for a machine learning research engineer when the average salary in London for the same role is around £102,000. Some founders in the U.K., like those in Silicon Valley, are being forced to raise more and bigger rounds to keep up.
“The real test is whether more globally significant AI companies are founded, funded, and scaled from the U.K., while continuing to attract the world’s best talent to build them here,” Zain Ali, founder of the King’s Cross-based AI legal firm Centuro, told me. “If that continues to happen, King’s Cross won’t just be an AI hub. It’ll become one of the U.K.’s most important strategic assets.”
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Thisformernotorious #redlight #districtis #nowone #worlds #top #hubs #TechCrunchUK This former notorious red-light district is now one of the world’s top AI hubs | TechCrunch
What every U.K. AI startup wants to know these days is, how can I get office space in King’s Cross?
The area is so hot that a VC firm allegedly recently won a deal by promising a founder office space in the neighborhood. “We stop at nothing to win deals [for] and to support” founders, “including helping them source office space when needed,” the firm told me when asked about the rumor, declining to confirm or deny any details.
The neighborhood’s popularity began back in 2016 when DeepMind — then newly acquired by Google — moved in. Soon after, a flood of AI startups followed, wanting to be around the Google DeepMind magic. Today, they hope to take advantage of the cluster of AI talent there.
This has transformed King’s Cross into one of the world’s top AI hubs, rivaled only by San Francisco and Beijing. Around London, it’s known by the sobriquet “Knowledge Quarter,” as it’s home to names like OpenAI, Meta, Isomorphic Labs, Cusp AI, Wayne, Recursive, and, a little farther down the road, Synthesia and Anthropic. The European Technology Network (ETN) just moved into a glossy new office nearby, while University College London sits around the corner.
Mixed in with the new developments are trendy food spots like Hoppers and BAO. Hop a train from King’s Cross, and founders can be in Cambridge in 45 minutes to source talent or can be in Paris in two hours to strike a deal.
Who would have guessed that a little more than 20 years ago, this was one of the seediest areas in London?
“In the ’80s, crack and heroin made the area a major narcotics market,” Hussein Kanji, an investor at Hoxton Ventures, said, recalling syringes in tree trunks and gangs patrolling the streets. “In 1982, the local church was occupied by the English Collective of Prostitutes for 12 straight days.” Then, in the early 2000s, a real estate developer had a dream and, well, “now it is the AI hotbed of the United Kingdom,” Kanji said. “What a change.” Around 18 months ago, his portfolio company BioCorteX moved from the neighborhood Holborn to the Jellicoe building in King’s Cross, hoping to be near the action. “Lots going on in London right now,” Nik Sharma, co-founder of BioCorteX, told me. “Lots of hyperscalers moving in.” That includes, reportedly, Jeff Bezos’ AI company Prometheus, which is also said to be in talks to move into the Jellicoe.
There are around 3,600 AI startups in London, which, together, have raised around .1 billion out of the .8 billion raised in the city since late July, according to Dealroom. Since the start of June, AI-related startups have leased more than 1 million square feet of office space in London, according to the real estate firm Knight Frank. With that, prime rents in King’s Cross have risen 18% over the past three years, Chris Dunn, a commercial insight associate at the firm, told me. That percentage represents only the largest leases encompassing at least 10,000 square feet, like the ones OpenAI and Prometheus are signing. The shorter deals go for even more, he said, and now the vacancy rate for conventional office space is just 0.9%. “Demand has outstripped supply,” he continued.
Today, one of the big topics of the area is sovereignty. It was a wake-up call for many when Anthropic shut off access to Mythos and Fable this summer, leaving some in the ecosystem to conclude: “We’d better look after ourselves,” Saul Klein, co-founder of the VC firm Phoenix Court, told me.
Phoenix Court is located in the King’s Cross area and has three portfolio companies in the vicinity, including Olix (which just announced a .3 billion valuation), Early Health and CoMind. Robin Klein, co-founder of the firm, said the shutdown of Fable and Mythos access was a “small but sharp reminder that Europe can’t simply rent its AI capabilities and capacity; it needs to build and hold some of its own.” King’s Cross, he said, is where much of this building is actually happening.
“The bigger question,” he continued, “is whether the U.K. builds the infrastructure, compute, energy, capital, to make this self-reliance durable, rather than just hosting outposts of U.S. labs.”
Image Credits:Phoenix Court
Top founders want to stay
Simon Kohl, founder of Latent Labs, has offices in King’s Cross and San Francisco. The London office, at the moment, is growing faster, and he’s more bullish than ever on the ecosystem, he said. “The mood right now feels less like London trying to catch up and more like London becoming one of the default places to start a serious AI company,” he said. Look around and you are likely to see Wayve testing its autonomous cars. Founded in 2017 by co-founder Alex Kendall, the unicorn is one of London’s biggest success stories.
“Ten years ago, building a frontier AI company from London felt like an unusual choice,” Kendall told me. “Now it feels like an obvious one.” Wayve moved into King’s Cross in 2018 looking for a space that could double as a garage — “a rare combination in Central London,” Kendall said. He has watched the ecosystem mature around him — and it’s now evident that a startup can stay in London, raise serious capital, hire world-class AI talent, and remain globally competitive, he said. Down the street from Anthropic’s new 158,000-square-foot office is the AI agent builder Sierra and the AI video platform Synthesia.
Laura Gonzalez Florez, Synthesia’s chief of staff and head of people, says the company moved into its glossy new office building a year ago to accommodate its growing team. They were drawn to the area for the same reason as everyone else: “It’s very close to the airport … very close to where a lot of investors are,” she said.
Image Credits:Synthesia
Around two-thirds of Synthesia’s engineers are remote, Gonzalez Florez said, letting the company tap into an affordable, international, and diverse talent pool and helping it scale faster. “From London, we can hire and work, without any problem, people from anywhere, from Slovenia to Portugal,” she said.
Unsurprisingly, London’s AI boom is also causing a talent war.U.K. AI job postings have skyrocketed in the past few years, per data from PwC. When Anthropic announced it moved into town earlier this year, it listed, for example, a salary range of £260,000 to £630,000 for a machine learning research engineer when the average salary in London for the same role is around £102,000. Some founders in the U.K., like those in Silicon Valley, are being forced to raise more and bigger rounds to keep up.
“The real test is whether more globally significant AI companies are founded, funded, and scaled from the U.K., while continuing to attract the world’s best talent to build them here,” Zain Ali, founder of the King’s Cross-based AI legal firm Centuro, told me. “If that continues to happen, King’s Cross won’t just be an AI hub. It’ll become one of the U.K.’s most important strategic assets.”
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Thisformernotorious #redlight #districtis #nowone #worlds #top #hubs #TechCrunchUK](https://techcrunch.com/wp-content/uploads/2026/08/DM9A2852.jpg?w=680)

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