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04 Jul 2025

CrowdStrike Soars to Record High as AI Cybersecurity Demand Surges

CrowdStrike's stock hits an all-time high as analysts praise its AI-driven cybersecurity solutions and market position, highlighting the company's strong momentum and potential in the evolving tech landscape.

2 Sources

Telegram's Blockchain Developer TOP Raises $28.5M, Valued at $1B

The Open Platform (TOP), a key developer for Telegram's blockchain ecosystem, secures $28.5 million in Series A funding, reaching unicorn status with a $1 billion valuation.

2 Sources

IREN Limited Expands AI Cloud with $130 Million Investment in NVIDIA Blackwell GPUs

IREN Limited has announced a significant expansion of its AI cloud capabilities through the purchase of 2,400 NVIDIA Blackwell GPUs for $130 million, positioning itself as a leading provider of next-generation compute power in the AI industry.

2 Sources

NVIDIA's RTX 5050: AI-Powered Performance in an Entry-Level GPU

NVIDIA's new RTX 5050 graphics card shows mixed performance results, relying heavily on AI-driven technologies to compete with its predecessors and rivals in the budget GPU market.

3 Sources

ZLUDA Project Advances: Bringing NVIDIA's CUDA to Non-NVIDIA GPUs

The open-source ZLUDA project is making significant progress in enabling CUDA compatibility on non-NVIDIA GPUs, potentially expanding hardware choices for AI and scientific computing.

3 Sources

AI Chatbots Inadvertently Aiding Phishing Scams by Providing Incorrect URLs

Research reveals that AI-powered chatbots, including ChatGPT, are often providing incorrect URLs when asked about company websites, potentially exposing users to phishing attacks and other cyber threats.

3 Sources

xAI Secures Controversial Air Permit for Memphis Data Center Amid Environmental Concerns

Elon Musk's xAI obtains an air permit for 15 gas turbines at its Memphis data center, sparking debate over pollution and environmental justice in predominantly Black neighborhoods.

6 Sources

03 Jul 2025

UK AI-Driven Delivery Startup Hived Raises $42M for Nationwide Expansion

Hived, a UK-based parcel delivery startup using AI and electric vehicles, secures $42 million in Series B funding to expand its operations across Britain and enhance its AI-powered logistics platform.

4 Sources

EU Stands Firm on AI Act Timeline Despite Industry Pushback

The European Union reaffirms its commitment to implementing the AI Act on schedule, rejecting calls from tech companies for a delay. This decision highlights the ongoing tension between regulation and innovation in the rapidly evolving AI sector.

15 Sources

Google Integrates AI-Powered 'Gems' into Workspace Apps

Google has introduced customizable AI assistants called 'Gems' to its Workspace apps, including Gmail, Docs, Sheets, Slides, and Drive, enhancing productivity and task-specific AI support for users.

3 Sources

IG Drones Secures Patent for India's First Indigenous Defence Drone Simulator

IG Drones, a Noida-based company, has been granted a patent for India's first indigenous defence drone simulator, marking a significant step towards technological sovereignty and defence self-reliance under the Aatmanirbhar Bharat initiative.

3 Sources

Microsoft's AI Push Shadows Xbox Layoffs and Game Cancellations

Microsoft's Xbox division faces massive layoffs and game cancellations amid record profits, with AI integration suspected as a key factor in the restructuring.

4 Sources

Samsung Unveils Thinner, More Powerful Galaxy Z Fold7 and Z Flip7, Introduces Budget-Friendly Z Flip7 FE

Samsung launches its latest foldable smartphones with significant improvements in design, performance, and AI capabilities, aiming to make foldables more mainstream.

33 Sources

MIT Spin-off Foundation Alloy Revolutionizes Metal Manufacturing with AI-Compatible Technology

Foundation Alloy, a startup founded by MIT alumni, has developed a groundbreaking solid-state metallurgy technology that produces ultra-high-performance metal alloys without melting raw materials. This innovation promises to accelerate product development and enable the creation of more efficient and reliable systems across various industries, including AI chip manufacturing.

2 Sources

CEOs Predict Massive Job Displacement as AI Advances, Sparking Debate on Future of Work

Corporate leaders across industries are warning of significant job losses due to AI advancements, with some predicting up to half of white-collar jobs could be eliminated. However, experts disagree on the extent and timeline of AI's impact on employment.

7 Sources

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