The 2026 SaaS Selloff: IGV Fell 36%, Then Rose 45%. Revenue Grew 11% to 37% the Whole Time
The SaaSpocalypse checked against filings: Anthropic's Cowork plugins on 30 January, Thomson Reuters' worst day ever on 3 February, $285 billion gone in a day and nearly a trillion in a week, a second leg on Mythos in April, IGV down 36 percent to its 10 April low and up 45 percent since; against that, Q2 2026 revenue growth of 11 percent at Salesforce, 24 at ServiceNow, 36 at Datadog and 37 at Snowflake, median retention flat at 110 percent, median multiples from 4.9x to 3.0x to 4.2x, 4,000 Salesforce support roles, Klarna's reversal and $65 billion of Anthropic run-rate.
13 minOct 5, 2026Infrastructure as Code in 2026: Two Forks at 1.16 and 1.13, a $6.4B Owner, 912 Public State Files, and One Agent That Ran terraform destroy
Infrastructure as code three years after the BSL relicence: Terraform 1.16.5 under IBM versus OpenTofu 1.13.1 under the Linux Foundation and who shipped what first, HCP Terraform at $0.10 to $0.99 per resource with the legacy free plan gone, CDKTF and System Initiative archived, Pulumi 3.267 and Crossplane 2.4, a Terraform MCP server that grew from registry lookups to workspace administration in 15 months, 44 percent running AI for infrastructure but 34 percent trusting it, 912 exposed state files with 41 live AWS keys, and the agent that ran terraform destroy on 2.5 years of production.
13 minOct 5, 2026Coding Agents in 2026: Cursor at $2B Then Sold to SpaceX, Cognition at $1B, 58% on Terminal-Bench, and the Only RCT Still Says Slower
The coding-agent market as the primary sources report it in October 2026: Cursor from $500M to $1B to $2B in nine months and then acquired by SpaceX, Cognition from $73M to a $1B run-rate at a $48B valuation, Claude Code past $500M, Lovable at $13.3B, nearly 140,000 organisations on Copilot; four re-pricings from requests to tokens; Terminal-Bench 4.0 topping out at 58.2 percent for $3,267 a run; METR's redesigned study at minus 4 to minus 18 percent against 1.4 to 2x self-reports; 45 percent insecure samples, 1.7x more issues per AI pull request, and curl's bug bounty closed.
14 minOct 5, 2026Browser Agents in 2026: 90.2% on OSWorld-Verified, 20.6% on OSWorld 2.0, and Three Agent Browsers Already Shut Down
Computer-use agents passed the 72.36 percent human baseline on OSWorld-Verified this year (90.2 percent for the top framework, 86.0 for Claude Fable 5), then scored 20.6 percent on the 108-task OSWorld 2.0 that replaced it; Operator, Project Mariner and ChatGPT Atlas were all discontinued within 19 months; prompt-injection success in Anthropic's own tests fell from 23.6 to 11.2 percent and no vendor claims zero; Cloudflare sells HTTP 402 access to agents while 52 percent of crawling is for training; and hosting settled on one headless Chrome per microVM at $0.02 to $0.12 a browser-hour.
13 minOct 5, 2026Agent Memory in 2026: Vendors Claim 92.5 on LoCoMo, a Plain Filesystem Scored 74, and Every Memory Product Lost to BM25
Agent memory systems in 2026, kept honest: Mem0's 66.9 on LoCoMo in its own paper versus 92.5 on its managed platform a year later, Zep's 75.1 rebuttal and the three bugs behind Mem0's 66.0 for Zep, Letta's 74.0 with only a filesystem, MemoryAgentBench putting every commercial system under 45 on retrieval against BM25 at 60.5, Hindsight's 89.6, first-party memory from ChatGPT, Claude and Gemini with dates, both labs' compaction APIs, what re-reading 115k tokens costs at cache-read prices, a Postgres and pgvector layer with supersession, and why memory poisoning is still unfixed.
13 minSep 3, 2026Top AI Agent Sandbox Providers: An Engineer's 2026 Roundup
A working engineer's roundup of the top AI agent sandbox providers: isolation, hosting, persistence and pricing compared — including the one I built myself.
10 minSep 3, 2026AI Agent Sandbox Runtime: The Six Options and Who Uses Them
Firecracker, gVisor, Kata, containers, V8 isolates and libkrun compared — how each isolates, what it costs in memory, and which sandbox vendors run it.
10 min