Last month, Scott Stevenson, co-founder and CEO of the legal AI startup Spellbook, took to X in an effort to expose what he called a “huge scam” among AI startups: inflation of the revenue figures ...
IREN Limited (IREN) is accelerating its transition to AI Cloud Services, highlighted by a $3.4B, 5-year GPU contract with Nvidia. Q3’26 results showed strong AI segment momentum, with ARR projected to ...
Specifically, Stevenson’s tweet concerned the misuse of a revenue metric common in the AI startup world. Annual recurring revenue, or ARR, is meant to show the annualized value of recurring ...
The rivalry between Anthropic and OpenAI has spilled onto a new battleground: their self-reported annual recurring revenue, with OpenAI accusing Anthropic of overstating its revenue metric in an ...
When David Matalon needs a straightforward way to talk about his company’s cash flows, he turns to the metric that software-as-a-service providers so often use in those situations: annual recurring ...
Bengaluru-based AI startup Emergent has landed in the middle of a controversy after its co-founder and CEO Mukund Jha claimed the vibe-coding platform hit $100 million in annual revenue run-rate (ARR) ...
George Kurtz, CEO, highlighted that "AI is driving elevated demand for the Falcon platform and is a key accelerant for our business," emphasizing record net new ARR of $331 million for the quarter, a ...
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Alvaro Morales is the cofounder and CEO of Orb, a flexible usage-based billing engine for modern software pricing models. The metric at the heart of every SaaS board meeting—annual recurring revenue ...