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06 Aug 2025

Inveniam and MANTRA Partner to Develop AI-Powered Real-World Asset Ecosystem in UAE and US

Inveniam and MANTRA announce a $20 million partnership to integrate AI and blockchain technologies for tokenizing real-world assets, aiming to revolutionize the DeFi market and institutional asset management.

2 Sources

Palo Alto Networks Unveils Cortex Cloud ASPM: Revolutionizing AI and Cloud Application Security

Palo Alto Networks introduces Cortex Cloud Application Security Posture Management (ASPM), a prevention-first solution designed to fix security issues in AI and cloud applications before deployment, offering faster and more cost-effective protection.

3 Sources

Lyric Secures $43.5M in Series B Funding for AI-Powered Supply Chain Intelligence Platform

Lyric, a next-generation supply chain intelligence startup, has raised $43.5 million in Series B funding to expand its AI-powered platform that enhances supply chain operations through advanced modeling and analytics.

2 Sources

AI Startup Clay Secures $100 Million Funding, Valuation Soars to $3.1 Billion

Clay, an AI startup specializing in sales and marketing automation, has raised $100 million in its latest funding round led by CapitalG, valuing the company at $3.1 billion. This significant investment highlights the continued investor interest in AI technologies.

4 Sources

Riot Games Faces Backlash Over AI-Generated League of Legends: Wild Rift Trailer

Riot Games and Tencent spark controversy with an alleged AI-generated trailer for League of Legends: Wild Rift's third anniversary, leading to fan outrage and discussions about AI's role in game development and marketing.

2 Sources

AI Model MSI-SEER Advances Cancer Prediction with Uncertainty Quantification

Researchers develop MSI-SEER, an AI model that predicts microsatellite status in cancer and quantifies uncertainty, potentially improving cancer treatment decisions and patient outcomes.

2 Sources

AI Startup August Raises $7 Million to Revolutionize Midsize Law Firms

August, an AI startup founded by Columbia University alumni, has secured $7 million in seed funding to bring AI solutions to midsize law firms, aiming to increase efficiency and reduce costs in the legal sector.

5 Sources

AI Model Predicts Deadly Cone Snail Toxin Binding, Paving Way for Anti-Toxin Development

Scientists at Los Alamos National Laboratory have developed a machine learning model that predicts how alpha conotoxins from marine cone snails bind to specific human receptor subtypes, potentially leading to the development of life-saving anti-toxins.

2 Sources

Microsoft Tests AI-Powered 'Companions' Feature for Windows 11 Taskbar

Microsoft is reportedly testing a new AI-driven feature called 'Companions' for the Windows 11 taskbar, potentially enhancing user interaction and productivity.

2 Sources

AI-Powered Scam Campaign Targets TikTok Shop Users with Fake Domains and Malware

A widespread cybercrime operation is exploiting TikTok Shop's popularity using AI-generated content and fake domains to steal cryptocurrency and distribute malware.

3 Sources

AI-Powered Fintech Alaan Secures $48M in Series A Funding, Revolutionizing Spend Management in MENA

Alaan, a Dubai-based AI-powered spend management platform, has raised $48 million in Series A funding, marking one of the largest rounds for a fintech in the MENA region. The company is leveraging AI to streamline corporate expense management and expand its presence in the Middle East.

2 Sources

AMD Challenges Nvidia's AI Dominance with New Chips and Global Strategy

AMD is making significant strides in the AI chip market, challenging Nvidia's dominance with new products and strategies. The company's CEO, Lisa Su, outlines AMD's roadmap to become a full-stack AI infrastructure player.

7 Sources

05 Aug 2025

US Government Approves OpenAI, Google, and Anthropic as AI Vendors for Federal Agencies

The U.S. government has added OpenAI, Google, and Anthropic to its list of approved AI vendors for civilian federal agencies, allowing easier access to AI tools through a pre-negotiated contracting platform.

8 Sources

HSBC Raises S&P 500 Year-End Target to 6,400 Amid AI Boom and Easing Policy Uncertainty

HSBC has significantly increased its year-end target for the S&P 500 index to 6,400, citing the AI boom and reduced policy uncertainty as key factors driving market growth.

2 Sources

Abu Dhabi's MGX Considers $25 Billion AI Investment Fund

Abu Dhabi-based MGX is exploring the possibility of raising up to $25 billion for an AI investment fund, signaling a major push in the artificial intelligence sector.

3 Sources

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