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Day: July 2, 2025

Brainlab CEO in internal memo blames geopolitical uncertainties for putting IPO on ice

Brainlab CEO in internal memo blames geopolitical uncertainties for putting IPO on ice

July 2, 2025

The CEO of German medical technology firm Brainlab said on Tuesday that geopolitical uncertainties had prompted the decision to put…

Premier League forms five-year AI partnership with Microsoft

Premier League forms five-year AI partnership with Microsoft

July 2, 2025

The English Premier League and Microsoft (MSFT.O), opens new tab on Tuesday announced a five-year partnership where the cloud giant will infuse…

Two Chinese chip firms plan $1.7 billion IPOs, bet US export curbs to spur growth

Two Chinese chip firms plan $1.7 billion IPOs, bet US export curbs to spur growth

July 2, 2025

Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan ($1.65 billion) in initial public…

Meta deepens AI push with ‘Superintelligence’ lab: Report

Meta deepens AI push with ‘Superintelligence’ lab: Report

July 2, 2025

Over the past month, Zuckerberg personally led an aggressive talent raid, floating offers for startups including OpenAI co-founder Ilya Sutskever’s…

Scale AI CEO Stresses Startup’s Independence After Meta Deal

Scale AI CEO Stresses Startup’s Independence After Meta Deal

July 2, 2025

Scale AI’s new leader said the data-labeling startup remains independent from Meta Platforms Inc. despite the social media giant taking…

Amazon deploys its 1 millionth robot, releases generative AI model

Amazon deploys its 1 millionth robot, releases generative AI model

July 2, 2025

After 13 years of deploying robots into its warehouses, Amazon reached a new milestone. The tech behemoth now has 1…

X is piloting a program that lets AI chatbots generate Community Notes

X is piloting a program that lets AI chatbots generate Community Notes

July 2, 2025

The social platform X will pilot a feature that allows AI chatbots to generate Community Notes. Community Notes is a Twitter-era feature…

xAI raises $10B in debt and equity

xAI raises $10B in debt and equity

July 2, 2025

Elon Musk’s AI company, xAI, has raised $10 billion in debt and equity, Morgan Stanley confirmed on Monday. In a post…

Grammarly acquires AI email client Superhuman

Grammarly acquires AI email client Superhuman

July 2, 2025

Grammarly announced Tuesday the acquisition of email client Superhuman in a push to build out its AI for its productivity suite. Neither…

Legal software company Clio drops $1B on law data giant vLex

Legal software company Clio drops $1B on law data giant vLex

July 2, 2025

On Monday, Clio, a 17-year-old Canadian law firm management software company, announced that it has agreed to acquire vLex, a…

Cloudflare launches a marketplace that lets websites charge AI bots for scraping

Cloudflare launches a marketplace that lets websites charge AI bots for scraping

July 2, 2025

Cloudflare, a cloud infrastructure provider that serves 20% of the web, announced Tuesday the launch of a new marketplace that…

Flood of interest in Europe’s AI Gigafactories plan

Flood of interest in Europe’s AI Gigafactories plan

July 2, 2025

The European Commission has seen a flood of interest from companies looking to help create AI Gigafactories across Europe. Brussels has been…

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