Good Evening!
The list of AI-induced tech layoffs continues to grow.
Here are the 7 things you missed today:
1. 🛰️ SpaceX’s Starlink is Joining American Airlines
Another win for SpaceX’s impending IPO. American Airlines is the latest airline to announce its plans to install the space company’s Starlink satellite service on more than 500 Airbus aircraft for its inflight Wi-Fi service starting early next year. The deal hands SpaceX another win over up-and-coming competitors Amazon Leo and legacy providers like Viasat. (TechCrunch)
2. 🔥 Get Your Reports Done 4x Faster
Even the fastest typer in the world wouldn’t be able to keep up with voice-to-text dictation. But the common struggle is finding the right tool.
Wispr Flow matches your professionalism by automatically cleaning up filler words and formatting everything, so your reports, messages, and emails are instantly ready to go.
That’s why experts at OpenAI, Vercel, and Clay trust Wispr.
3. 💉 Eli Lilly is Acquiring a Trio of Vaccine Developers for up to $4Bn
Pharma giant Eli Lilly is getting more giant. In three separate transactions, Lilly is buying privately held vaccine makers Vaccine Co., Curevo, and LimmaTech Biologics. Experts note that the Vaccine Co. and Curevo purchases could be worth up to $1.55 and $1.5 billion, respectively, while the LimmaTech acquisition could total $780 million. The buyouts come as Lilly is loaded with cash from its fast-selling obesity and diabetes drugs. (BioPharma Dive)
4. 💡 Failing to Prepare is Preparing to Fail
Most founders don’t struggle with fundraising because of vision or ambition. They struggle because the mechanics are unclear, fragmented, and learned too late.
The Fundraise-Ready Startup Kit from Fidelity equips founders with the materials they can use throughout fundraising, not just during a pitch:
A cap table that actually makes sense
A pitch deck with a real example
A reusable investor updates template
Diligence materials that don’t require a last-minute scramble
5. 🗂️ ClickUp Laid Off 22% of its Workforce Due to AI
Collaboration software startup ClickUp’s CEO Zeb Evans announced that the company, which was valued at $4 billion in 2021, has laid off 22% of its workforce as part of a “radical embrace of AI that will propel the company to the next level.” ClickUp recently introduced around 3,000 internal AI agents to handle a wide range of tasks on behalf of employees. (TechCrunch)
6. 🎟️ Groupon Laid Off ¼ of Staff Due to AI
Headlines giving you deja vu? Online marketplace company Groupon is laying off nearly a quarter of its employees, roughly 400 positions globally, as part of a restructuring to advance its previously disclosed strategy to rebuild as an AI-native company. The company expects to record between $7-13 million in pretax charges tied to the restructuring. (Wall Street Journal)
🙇 Tools For CEOs:
✍️ You need SEO to produce real revenue outcomes without risking your brand, credibility, or internal trust. uSERP is your go-to for quality link building and fully managed SEO programs. Check them out here →
🌟 Are you an agency owner? Then you'll want this step-by-step breakdown of how 8 Figure Agency can actually guarantee “We’ll make your agency AI-native in 90 days, so you don’t go extinct, or your money back!” Get the full guide free here!
🤦♂️ Ever waste 3 hours trying to fix something that was “supposed to take 5 minutes?” Broken automations. Disconnected CRM integrations. Software support articles that make you want to punch drywall. Uh Oh became my tech minions for all of it. Now I just message them in slack and the problem disappears. 👉 Start your risk-free 1-month trial here!
7. 📦 Amazon Fulfillment Competitor Stord Raised $250M at $3Bn Valuation
Alexa, get ready for the competition. eCommerce logistics company Stord has raised a $250 million round at a $3 billion valuation, doubling its valuation from its last round a year ago. The new funding was led by Strike Capital, and gives Stord support to build out its network of physical warehouses and inventory management software. (TechCrunch)
😮 The Marketing Channel You've Probably Slept On:
Haven't tried newsletter sponsorships yet? You are missing out on a HUGE ROI+ customer acquisition channel. I know because dozens of advertisers keep coming back for more... Run a test campaign with us and see for yourself 👉 Apply now.
🙇 More Helpful Tools For CEOs:
😤 Looking for a marketing agency you can actually trust? Same story I hear every week. That’s why this month I’m making warm introductions to agencies I’ve personally vetted & trust with my own money. Let me help you find the perfect agency 100% free here →
🙏 Want to rank in ChatGPT & Claude? Ranked tracks unlimited prompts + gets you ranked for them. Fully managed starting at $99/mo. No contracts. Start your AEO/SEO free trial here →
📣 Want to get featured in Forbes/WSJ/CNN? Get great placements in top media placements (and niche industry ones) with no up-front investment. Pay on results only! 👉🏼 Get Guaranteed Press Here
AI Resources:
Join hundreds of my readers who have become more proficient in AI with one of HubSpot's easy-to-follow free guides:
Want more leads, clients, customers, or users? Advertise with us here →
😭 Subscribed to too many newsletters? Meco fixed this, now I read all my newsletters in one clean 100% free app! Get to inbox zero here →
(Don’t click here, it’s just a test for our filters, here)
This newsletter may include paid promotions or affiliate links. We may earn compensation if you sign up through them. See our Privacy Policy here.