AI coding assistant startup Augment emerges from stealth with a $227M Series B at a $977M post-money valuation, following a $25M Series A led by Sutter Hill (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
AI coding assistant startup Augment emerges from stealth with a $227M Series B at a $977M post-money valuation, following a $25M Series A led by Sutter Hill  —  AI is supercharging coding — and developers are embracing it.  —  In a recent StackOverflow poll, 44% of software engineers …

Meta’s stock drops 15%+ after hours on weak Q2 revenue guidance and higher FY 2024 capital expenditures due to increased AI infrastructure investments (Ashley Capoot/CNBC)

Ashley Capoot / CNBC:
Meta’s stock drops 15%+ after hours on weak Q2 revenue guidance and higher FY 2024 capital expenditures due to increased AI infrastructure investments  —  Meta shares plunged in extended trading on Wednesday after the company issued a light forecast, overshadowing better-than-expected first-quarter results.

Meta’s Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs lost $45B+ since the end of 2020 (Alex Koller/CNBC)

Alex Koller / CNBC:
Meta’s Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs lost $45B+ since the end of 2020  —  Facebook co-founder and chief executive, Mark Zuckerberg, speaks at an Oculus developers conference while wearing a virtual reality headset in San Jose, California.

Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will “step down when Thrasio emerges from Chapter 11 in the coming weeks” (Annie Palmer/CNBC)

Annie Palmer / CNBC:
Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will “step down when Thrasio emerges from Chapter 11 in the coming weeks”  —  Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021.

Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished (David Pierce/The Verge)

David Pierce / The Verge:
Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished  —  There were times I wasn’t sure the Rabbit R1 was even a real thing.  The AI-powered, Teenage Engineering-designed device came …

SK Hynix reports Q1 revenue of ~$9B, more than doubling YoY, and ~$2B in operating income, above estimates of ~$1.3B and the biggest quarterly profit since 2022 (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
SK Hynix reports Q1 revenue of ~$9B, more than doubling YoY, and ~$2B in operating income, above estimates of ~$1.3B and the biggest quarterly profit since 2022  —  Sales at the world’s No. 2 maker of memory more than doubled to 12.4 trillion won ($9 billion) in the March quarter, beating expectations.

Nexa Mortgage – Redefining Excellence in Mortgage Services

In the fast-paced world of mortgage brokerage, finding a partner that not only meets but exceeds expectations can be a challenging endeavor. However, amidst the deep sea of options, there shines a beacon of excellence: NEXA Mortgage.

Co-Established in 2017 by visionary CEO Mike Kortas, NEXA Mortgage has swiftly ascended in becoming a frontrunner in the industry, poised to soon claim the trophy of the number one mortgage broker in the United States. What sets NEXA Mortgage apart, you may wonder? Let’s do a deep-dive into the myriad reasons why NEXA Mortgage stands head and shoulders above the rest.

 

Unparalleled Customer Service:

 

At the heart of NEXA Mortgage’s ethos lies an unwavering commitment to customer satisfaction. From the moment a client walks through the door to the day they secure their dream home, NEXA Mortgage is by their side, providing unparalleled support every step of the way. With a team of dedicated professionals who possess not only expertise but also a genuine passion for helping others achieve their homeownership dreams, Nexa Mortgage ensures that each client receives personalized attention and tailored solutions to suit their unique needs.

 

The NEXA Mortgage Experience:

 

Embarking on the journey towards homeownership can often be fraught with stress and uncertainty. However, at Nexa Mortgage, the experience is transformed into one of ease and reassurance. Thanks to a streamlined process and cutting-edge technology, clients can navigate the mortgage landscape with confidence, knowing that they have a trusted partner in Nexa Mortgage guiding them towards success. Whether it’s securing a competitive interest rate, navigating complex paperwork, or addressing any concerns along the way, Nexa Mortgage goes above and beyond to make the entire process seamless and stress-free.

 

A Dream Team:

 

Behind every successful company lies a team of dedicated individuals who are passionate about their work and united in their pursuit of excellence. At Nexa Mortgage, this dream team of professionals is the driving force behind the company’s meteoric rise. From seasoned mortgage experts to innovative tech wizards, each member of the Nexa Mortgage family brings their unique talents and perspectives to the table, creating a synergy that is nothing short of extraordinary. Together, they form an unstoppable force, committed to not only meeting but surpassing the expectations of their clients.

 

A Culture of Excellence:

 

Central to Nexa Mortgage’s success is its vibrant and inclusive company culture, where teamwork, integrity, and innovation are not just buzzwords but guiding principles. Employees at Nexa Mortgage are not merely colleagues; they are valued members of a close-knit community where mutual respect and support abound. From ongoing training and professional development opportunities to employee recognition programs and team-building activities, Nexa Mortgage invests in its workforce, ensuring that each individual has the tools and support they need to thrive.

The Visionary Leadership of Mike Kortas:

 

No discussion of Nexa Mortgage would be complete without acknowledging the visionary leadership of CEO Mike Kortas. A trailblazer in the mortgage industry, Kortas founded Nexa Mortgage with a singular vision: to revolutionize the way people experience the mortgage process. Under his guidance, Nexa Mortgage has grown from strength to strength, earning a reputation for excellence and innovation along the way. Kortas’s unwavering commitment to putting customers first, combined with his strategic vision and entrepreneurial spirit, has propelled Nexa Mortgage to the forefront of the industry, setting the stage for even greater achievements in the years to come.

In conclusion, Nexa Mortgage is not just a mortgage broker; it is a beacon of excellence, a testament to what can be achieved when passion, expertise, and innovation converge. With a relentless focus on customer service, a dream team of professionals, and visionary leadership at the helm, Nexa Mortgage is on track to redefine the mortgage industry landscape and emerge as the undisputed number one mortgage broker in the United States. Whether you’re a first-time homebuyer or a seasoned investor, Nexa Mortgage is the partner you can trust to turn your homeownership dreams into reality.