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29 Mar 2025

Scale AI Seeks $25 Billion Valuation in Potential Tender Offer Amid AI Boom

Scale AI, an AI startup backed by tech giants, is reportedly seeking a valuation of up to $25 billion in a potential tender offer, capitalizing on the surging demand for AI technology and data labeling services.

4 Sources

OpenAI's $40 Billion Funding Round Hinges on For-Profit Transition by Year-End

OpenAI faces a crucial deadline to transition to a for-profit entity by the end of 2025 to secure its full $40 billion funding round, with potential reductions if the restructuring is delayed.

5 Sources

GE HealthCare Unveils Revolution Vibe CT System with AI-Powered Cardiac Imaging

GE HealthCare introduces the Revolution Vibe CT system, featuring advanced AI-powered cardiac imaging technology, at the American College of Cardiology 2025 meeting. The system aims to improve diagnostic accuracy and efficiency in cardiac care.

2 Sources

Elon Musk's xAI Acquires X in $33 Billion All-Stock Deal, Merging Social Media and AI Ambitions

Elon Musk's AI company xAI has acquired X (formerly Twitter) in an all-stock transaction, valuing xAI at $80 billion and X at $33 billion. This merger combines Musk's social media platform with his AI startup, potentially reshaping the landscape of both industries.

68 Sources

Ambow Education Reports Profitability in 2024, Driven by AI-Powered HybriU Platform

Ambow Education, an AI-driven educational technology company, announces full-year profitability for 2024, with growth driven by its AI-powered HybriU platform. The company reports increased revenue, improved margins, and expansion into international markets.

2 Sources

Elon Musk's Grok AI Chatbot Tops US Google Play Store, Surpassing ChatGPT and TikTok

Elon Musk's AI chatbot Grok, developed by xAI, has become the number one free app on the US Google Play Store, outranking popular apps like ChatGPT and TikTok. This development marks a significant milestone for Musk's AI venture.

2 Sources

Hyundai Unveils 'Pleos': A New Era of AI-Driven Software-Defined Vehicles

Hyundai Motor Group introduces Pleos, a revolutionary software brand and tech platform, signaling its transformation into a software-focused mobility company. The platform promises advanced AI-driven features and autonomous capabilities for future vehicles.

4 Sources

SoftBank's Ambitious $1 Trillion AI Investment Plan for US Industrial Parks

SoftBank Group is reportedly planning to invest $1 trillion in AI-equipped industrial parks across the United States, aiming to address labor shortages and boost manufacturing competitiveness through autonomous robotic systems.

4 Sources

Amazon Disables Key Alexa Privacy Features, Raising Concerns Among Users

Amazon has removed crucial privacy settings from Alexa devices, forcing users to choose between privacy and functionality. This change, effective March 28, 2024, is part of Amazon's strategy to monetize Alexa and introduce AI-powered features.

4 Sources

28 Mar 2025

China's AI Data Center Boom Turns Bust: Billions in Idle Infrastructure as Market Shifts

China's rapid expansion of AI infrastructure has led to an oversupply of underutilized data centers, falling GPU rental prices, and a shift in market dynamics, challenging the country's AI ambitions.

3 Sources

European Commission Announces €1.3 Billion Investment in AI, Cybersecurity, and Digital Skills

The European Commission plans to invest €1.3 billion in artificial intelligence, cybersecurity, and digital skills through the Digital Europe Programme for 2025-2027, aiming to secure European tech sovereignty.

3 Sources

Record Chinese Investment in Hong Kong Stocks Driven by AI Frenzy and Diversification

Mainland Chinese investors poured a record HK$435 billion into Hong Kong's stock market in Q1 2025, chasing AI opportunities and seeking portfolio diversification. This surge has boosted tech giants and the Hang Seng Index, outperforming mainland markets.

2 Sources

AI Adoption Drives Observability in Media & Entertainment: New Relic Report Reveals Industry Trends

New Relic's State of Observability report highlights the growing importance of AI in media and entertainment, with 35% of respondents citing AI adoption as a key driver for observability practices.

2 Sources

Dell and Intel-Backed AI Startup MaxIQ Appoints Sastry Malladi as CTO to Boost Revenue AI Platform

MaxIQ, an AI-powered Revenue Platform for B2B SaaS enterprises, has appointed Sastry Malladi as its new Chief Technology Officer. This move aims to strengthen the company's technical leadership and accelerate the development of its Revenue AI platform.

2 Sources

OpenAI Introduces Internal Data Integration for ChatGPT Team, Enhancing Enterprise AI Capabilities

OpenAI has launched a new feature for ChatGPT Team that allows integration with internal company data, starting with Google Drive. This highly requested capability aims to make AI more useful for businesses by leveraging organization-specific information.

2 Sources

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