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11 Apr 2025

Google DeepMind Plans to Merge Gemini and Veo AI Models for Enhanced Real-World Understanding

Google DeepMind CEO Demis Hassabis reveals plans to combine Gemini AI with Veo video generator, aiming to create a universal digital assistant with improved real-world understanding. The move highlights the industry trend towards versatile "omni" AI models.

2 Sources

Mira Murati's Thinking Machines Lab Aims for Record-Breaking $2 Billion Seed Round

Former OpenAI CTO Mira Murati's new AI startup, Thinking Machines Lab, is reportedly seeking a $2 billion seed funding round, potentially valuing the company at $10 billion. The startup, which has no product or revenue yet, is attracting significant investor interest due to its high-profile AI talent roster.

7 Sources

Fintech Founder Charged with Fraud for Misrepresenting AI Capabilities in Shopping App

Albert Saniger, founder of Nate, faces fraud charges for claiming AI-powered shopping when human workers were actually processing transactions.

14 Sources

nEye Systems Raises $58M for Revolutionary AI Networking Chip

nEye Systems, a startup developing optical networking chips for AI data centers, has secured $58 million in funding led by Alphabet's CapitalG. The company's innovative technology promises to revolutionize data center efficiency and performance.

2 Sources

HubSpot Enhances AI Capabilities with New Agents and AI-Powered Workspaces

HubSpot introduces new AI agents and AI-powered workspaces to boost productivity for enterprise teams, including updates to its Marketing Hub Enterprise platform.

2 Sources

Meta's Llama 4: Addressing AI Bias or Shifting Political Stance?

Meta announces changes to its Llama 4 AI model, aiming to reduce perceived left-leaning bias and present a more balanced approach to contentious issues, sparking debate about AI bias and political neutrality.

3 Sources

ExlService Holdings, Inc. Announces First Quarter 2025 Financial Results Conference Call

ExlService Holdings, Inc., a global data and AI company, schedules its first quarter 2025 financial results conference call for April 30, 2025, following the release of its financial results on April 29, 2025.

3 Sources

OpenAI Launches Pioneers Program to Develop Industry-Specific AI Benchmarks and Models

OpenAI introduces the Pioneers Program, collaborating with startups to create domain-specific AI evaluations and fine-tuned models for various industries, addressing the lack of specialized benchmarks in AI development.

2 Sources

Canva Unveils Major AI-Powered Update: Visual Suite 2.0 Challenges Tech Giants

Canva launches Visual Suite 2.0, introducing AI-powered features including Canva AI assistant, Canva Code, and Canva Sheets, positioning itself as a competitor to Adobe, Google, and Microsoft in creative and productivity software.

14 Sources

Job&Talent Secures $103M in Down Round, Pivots to AI-Driven Recruitment

Job&Talent, a workforce marketplace, raises $103M at a $1.5B valuation, down from its previous $2.35B. The company is investing heavily in AI-powered recruitment tools to streamline operations and improve efficiency.

2 Sources

Alphabet Struggles with AI Perception Despite Strong Market Position

Alphabet faces investor concerns over AI competitiveness, impacting stock performance despite dominant market share and attractive valuation.

2 Sources

NTT Unveils AI Chip for 4K Video Processing and Launches Physics of AI Group

NTT Research announces the creation of a Physics of Artificial Intelligence Group and introduces a new AI chip for low-power 4K video processing, marking significant advancements in AI research and application.

2 Sources

Knightscope Expands with New Silicon Valley Headquarters, Signaling Growth in AI-Driven Security

Knightscope, Inc., a leader in AI-powered autonomous public safety technologies, has leased a new 33,355-square-foot headquarters in Sunnyvale, California, marking a significant expansion and setting the stage for accelerated growth in engineering, manufacturing, and client support.

2 Sources

8flow Secures $10M to Map Enterprise Data and Workflows for AI Automation

8flow, a startup founded by former ServiceNow veterans, has raised $10 million to help businesses map their enterprise data and workflows for AI automation. The company's technology creates a structured foundation for AI agents to automate complex tasks in large-scale enterprise environments.

3 Sources

Cycurion Strengthens Board with Cybersecurity Veteran Reginald S. Bailey, Sr.

Cycurion, a leader in IT cybersecurity and AI solutions, appoints industry veteran Reginald S. Bailey, Sr. to its Board of Directors, bringing extensive experience in technology, operations, and entrepreneurship.

2 Sources

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