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Month: July 2025

OpenAI CEO Sam Altman warns of AI fraud crisis ‘very soon’

OpenAI CEO Sam Altman warns of AI fraud crisis ‘very soon’

July 24, 2025

OpenAI CEO Sam Altman warned Wall Street executives that bad actors could exploit digital voice ID authentication to defraud consumers by…

IBM Results Beat Estimates on AI Mainframe Refresh, Consulting Revival

IBM Results Beat Estimates on AI Mainframe Refresh, Consulting Revival

July 24, 2025

IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, helped by renewed sales in its mainframe business…

ServiceNow lifts guidance on AI growth

ServiceNow lifts guidance on AI growth

July 24, 2025

ServiceNow posted strong second-quarter results and lifted its guidance Wednesday. Shares climbed 7% following the report. Here’s how the company performed compared to…

Climate advocates outraged at Trump administration plans to fast-track AI sector

Climate advocates outraged at Trump administration plans to fast-track AI sector

July 24, 2025

The Trump administration has unveiled plans to speed the development of the highly polluting artificial intelligence sector, sparking outrage from climate advocates.…

YouTube Shorts is adding an image-to-video AI tool, new AI effects

YouTube Shorts is adding an image-to-video AI tool, new AI effects

July 24, 2025

YouTube announced on Wednesday that it’s giving Shorts creators access to new generative AI features, including an image-to-video AI tool and new…

Proton’s new privacy-first AI assistant encrypts all chats, keeps no logs

Proton’s new privacy-first AI assistant encrypts all chats, keeps no logs

July 24, 2025

Privacy-focused productivity tools maker Proton on Wednesday released its AI assistant, called Lumo, which it says prioritizes protecting user data.…

Gupshup raises $60M in equity and debt, leaves unicorn status hanging

Gupshup raises $60M in equity and debt, leaves unicorn status hanging

July 24, 2025

Gupshup, a business messaging startup that began its journey in India over two decades ago and became a unicorn four years ago,…

Amazon acquires Bee, the AI wearable that records everything you say

Amazon acquires Bee, the AI wearable that records everything you say

July 24, 2025

Amazon has acquired the AI wearables startup Bee, according to a LinkedIn post by Bee co-founder Maria de Lourdes Zollo. Amazon confirmed…

Trump administration unveils wide ranging AI action plan

Trump administration unveils wide ranging AI action plan

July 24, 2025

The administration of United States President Donald Trump has unveiled its new artificial intelligence action plan, which includes a strategy…

Google develops AI tool that fills missing words in Roman inscriptions

Google develops AI tool that fills missing words in Roman inscriptions

July 24, 2025

Google develops AI tool that fills missing words in Roman inscriptions Aeneas program, which predicts where and when Latin texts…

Anglicare Sydney starts using AI in HR operations

Anglicare Sydney starts using AI in HR operations

July 23, 2025

Initially in areas such as recruitment and job coaching. Anglicare Sydney is starting to use artificial intelligence in its human…

AI Research Firm Reka Valued at $1 Billion 

AI Research Firm Reka Valued at $1 Billion 

July 23, 2025

Artificial intelligence (AI) research/product development firm Reka AI has raised $110 million. The company’s new funding round, announced Tuesday (July 22), included contributions from Nvidia and…

Latent Labs launches web-based AI model to democratize protein design

Latent Labs launches web-based AI model to democratize protein design

July 23, 2025

About six months after coming out of stealth with $50 million in funding, Latent Labs has released a web-based AI model for…

21-year-old MIT dropouts raise $32M at $300M valuation led by Insight

21-year-old MIT dropouts raise $32M at $300M valuation led by Insight

July 23, 2025

Karun Kaushik and Selin Kocalar weren’t planning to raise a Series A so soon. Their AI compliance startup, Delve, which announced a $3 million…

OpenAI’s Sam Altman warns of AI voice fraud crisis in banking

OpenAI’s Sam Altman warns of AI voice fraud crisis in banking

July 23, 2025

OpenAI CEO Sam Altman warned the financial industry of a “significant impending fraud crisis” because of the ability of artificial intelligence…

Instead of selling to Meta, AI chip startup FuriosaAI signed a huge customer

Instead of selling to Meta, AI chip startup FuriosaAI signed a huge customer

July 23, 2025

South Korean AI chip startup FuriosaAI announced a partnership on Tuesday to supply its AI chip, RNGD, to enterprises using LG AI Research‘s recently…

OpenAI and Oracle announce Stargate AI data centre deal

OpenAI and Oracle announce Stargate AI data centre deal

July 23, 2025

OpenAI has shaken hands with Oracle on a colossal deal to advance the former’s colossal Stargate AI data centre initiative. It’s one thing…

Google’s newest Gemini 2.5 model aims for ‘intelligence per dollar’

Google’s newest Gemini 2.5 model aims for ‘intelligence per dollar’

July 23, 2025

Google just dropped the stable version of Gemini 2.5 Flash-Lite and they’ve essentially created a model that’s designed to be…

UK border officials to use AI to verify ages of child asylum seekers

UK border officials to use AI to verify ages of child asylum seekers

July 23, 2025

Officials are to start using artificial intelligence to help estimate the age of asylum seekers who say they are children.…

Microsoft poaches top Google DeepMind staff in AI talent war

Microsoft poaches top Google DeepMind staff in AI talent war

July 23, 2025

US tech giant recruits more than 20 people from rival in push to gain edge in the fast-developing technology Microsoft…

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