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04 Apr 2025

SandboxAQ Raises $450 Million in Series E, Backed by Google and Nvidia for Quantum AI Development

SandboxAQ, a startup specializing in quantum computing and AI, has raised an additional $150 million from investors including Google and Nvidia, bringing its Series E round to $450 million and total funding to $950 million.

5 Sources

Faraday Future Sees Opportunity in New U.S. Tariff Policy for AI Electric Vehicles

Faraday Future, a California-based electric vehicle company, views the new U.S. tariff policy as a strategic opportunity to accelerate its mission of delivering Artificial Intelligence Electric Vehicles (AIEVs) with competitive price-performance ratios.

2 Sources

Microsoft CTO Predicts AI Will Generate 95% of Code by 2030, Reshaping Software Development

Microsoft's CTO Kevin Scott forecasts that AI will generate 95% of programming code by 2030, emphasizing a shift in developers' roles from manual coding to AI orchestration. This prediction sparks industry debate on AI's impact on software engineering.

2 Sources

German Industry Grapples with AI Integration at Hannover Messe Trade Fair

At the Hannover Messe trade fair, German industries, particularly small and medium-sized enterprises, are confronting the challenges of integrating AI into their operations, revealing a mix of enthusiasm and hesitation.

3 Sources

Ola's AI Venture Krutrim Ramps Up Hiring Amid Senior Exits and Ambitious Investment Plans

Ola's AI arm Krutrim is actively recruiting for its AI labs in multiple countries, while simultaneously experiencing significant departures at various management levels. The company is pushing forward with substantial investments and open-source AI initiatives.

2 Sources

Generative AI 'Gray Bots' Flood Websites with Millions of Daily Requests, Raising Security and Ethical Concerns

New research from Barracuda reveals the emergence of 'gray bots', AI-powered scrapers that inundate websites with up to half a million daily requests, posing potential risks to data privacy, web performance, and copyright.

3 Sources

Lianhe Sowell Debuts on Nasdaq: Advancing Machine Vision and Robotics in Industrial Automation

Lianhe Sowell, a machine vision solutions provider, goes public on Nasdaq, raising $8 million to fuel expansion in industrial automation across key sectors.

2 Sources

Spotify Introduces AI-Generated Ads: A Double-Edged Sword for User Experience and Revenue

Spotify launches AI-powered ad generation tools for advertisers in the US and Canada, aiming to boost ad revenue but potentially risking user satisfaction and retention.

4 Sources

Amazon Unveils AI-Powered 'Buy for Me' Feature for Cross-Platform Shopping

Amazon introduces 'Buy for Me', an AI-powered feature that allows users to purchase products from third-party websites directly through the Amazon app, expanding its e-commerce reach and leveraging advanced AI technology.

14 Sources

Cognition AI Launches Devin 2.0: AI Coding Assistant Gets Major Upgrade and Price Cut

Cognition AI has released Devin 2.0, an updated version of its AI-powered coding assistant, with new features and a significant price reduction. The tool now offers a pay-as-you-go plan starting at $20, down from its previous $500 monthly subscription.

4 Sources

AI Experts and Public Diverge on AI's Impact: Pew Research Center Survey Reveals Stark Contrasts

A new Pew Research Center survey highlights significant differences between AI experts and the general public in their perceptions of AI's impact on society, jobs, and personal lives.

4 Sources

OpenAI Offers Free ChatGPT Plus to College Students, Sparking AI Integration in Education

OpenAI is providing free access to ChatGPT Plus for college students in the US and Canada until May 31, offering advanced AI features to assist with finals and promote AI literacy in education.

16 Sources

US Department of Energy Identifies 16 Federal Sites for AI Data Center Development

The US Department of Energy has identified 16 federal sites, including national laboratories, for potential AI data center development. This initiative aims to accelerate AI technology advancement while addressing the growing energy demands of data centers.

10 Sources

Indian Commerce Minister Sparks Debate on Startup Focus: Delivery Apps vs. Deep Tech

Commerce Minister Piyush Goyal's critique of India's startup ecosystem, comparing it unfavorably to China's deep-tech focus, ignites a heated debate among industry leaders and entrepreneurs.

15 Sources

ServiceNow Acquires Logik.ai to Enhance CRM and AI Capabilities

ServiceNow has acquired Logik.ai, an AI-powered Configure, Price, Quote (CPQ) solution provider, to expand its CRM footprint and AI capabilities. This move strengthens ServiceNow's position in the enterprise AI market and enhances its sales and order management processes.

4 Sources

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