AI companion apps on track to pull in $120M in 2025
Demand for AI “companion” applications outside of bigger names, like ChatGPT and Grok, is growing. Of the 337 active and…
Day: August 13, 2025
China cautions tech firms over Nvidia H20 AI chip purchases
Chinese authorities have summoned domestic companies including major internet firms Tencent (9888.HK), opens new tab and ByteDance over their purchases of Nvidia’s (NVDA.O),…
NEXA Mortgage Deploys Tidalwave’s Agentic AI Platform Enterprise-Wide
NEXA CEO Kortas says implementation marks ‘the first mortgage brokerage to implement comprehensive agentic AI at this scale’ NEXA Mortgage,…
Banks accelerate AI deployments as agentic tools gain traction
Dive Brief: Dive Brief: Banks expect to reap substantial rewards from sustained investments in generative AI capabilities. The technology’s ability to harness…
Google vet raises $8M for Continua to bring AI agents to group chats
In early 2023, David Petrou, a distinguished engineer and founding member of both Google Goggles and Google Glass, made a surprising move.…
Seoul-based Datumo raises $15.5M to take on Scale AI, backed by Salesforce
Most organizations say they aren’t fully prepared to use generative AI in a safe and responsible way, according to a recent…
AI startup Perplexity makes $34.5-billion bid for Google’s Chrome browser
AI startup Perplexity made a formal offer to acquire Google’s Chrome browser for $34.5 billion, an audacious bid to get…
Anthropic takes aim at OpenAI, offers Claude to ‘all three branches of government’ for $1
Just a week after OpenAI announced it would offer ChatGPT Enterprise to the entire federal executive branch workforce at $1 per…
How a once-tiny research lab helped Nvidia become a $4 trillion-dollar company
When Bill Dally joined Nvidia’s research lab in 2009, it employed only about a dozen people and was focused on…