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01 Apr 2025

ReliaQuest Secures $500M Funding at $3.4B Valuation to Expand AI-Driven Cybersecurity

ReliaQuest, an AI-powered cybersecurity firm, has raised over $500 million in a funding round led by EQT, KKR, and FTV Capital, valuing the company at $3.4 billion. The funding will support innovations in Agentic AI-driven cybersecurity automation and international expansion.

2 Sources

Chef Robotics Secures $43.1 Million in Series A Funding to Revolutionize Food Industry with AI-Powered Robotic Arms

Chef Robotics, a San Francisco-based startup, has raised $43.1 million in Series A funding to expand its AI-powered robotic food automation systems, addressing labor shortages in the food service industry.

3 Sources

Micron Announces Memory Price Hikes Amid Surging AI and Data Center Demand

Micron confirms plans to raise memory prices due to increased demand from AI and data centers, potentially impacting consumer electronics and PC components.

2 Sources

Lightmatter Unveils Groundbreaking Photonic Interconnects for AI Chips

Lightmatter introduces two new photonic interconnect technologies, the Passage M1000 and L200 series, promising to revolutionize AI chip connectivity with unprecedented bandwidth and efficiency.

5 Sources

Intel's New CEO Lip-Bu Tan Outlines Ambitious Turnaround Strategy

Intel's newly appointed CEO Lip-Bu Tan addresses the company's challenges and outlines a comprehensive plan to revitalize the semiconductor giant, focusing on cultural change, innovation, and customer-centric approaches.

6 Sources

SoundHound AI Faces Class Action Lawsuit Over Alleged Financial Misrepresentation

Multiple law firms have filed class action lawsuits against SoundHound AI, alleging the company made false statements about its financial controls and acquisition accounting, leading to a drop in stock price.

12 Sources

Builder.ai Initiates Third-Party Audit Amid Revenue Estimate Revisions and Sales Inflation Allegations

Builder.ai, an AI startup, has hired auditors to review its finances after reducing revenue estimates and facing allegations of inflated sales figures. The company's new CEO aims to address these challenges and ensure operational excellence.

2 Sources

Siemens and Accenture Launch AI-Driven Engineering Business Group

Siemens and Accenture have formed a new business group to accelerate digital innovation in manufacturing and engineering, leveraging industrial AI and software solutions.

2 Sources

Nasdaq 100 Suffers Worst Quarter in Years Amid AI Bubble Fears

The Nasdaq 100 experienced its worst quarter in nearly three years, driven by concerns over an AI bubble and broader economic uncertainties. Tech giants and AI-related stocks saw significant declines as investors worry about potential oversupply in data center infrastructure.

3 Sources

Microsoft Expands Copilot+ AI Features to Intel and AMD-Powered PCs

Microsoft is rolling out Copilot+ AI features, previously exclusive to Snapdragon X PCs, to devices with AMD Ryzen AI 300 series and Intel Core Ultra 200V processors, enhancing accessibility and AI capabilities across a wider range of Windows 11 machines.

14 Sources

OpenAI Announces Plans to Release First Open-Weight Language Model Since 2019

OpenAI, the company behind ChatGPT, plans to release its first open-weight language model since GPT-2 in 2019. This strategic shift comes as the AI industry faces increasing pressure from open-source competitors and changing economic realities.

20 Sources

Apple Vision Pro Gets AI Boost with visionOS 2.4 Update

Apple rolls out visionOS 2.4 for Vision Pro, introducing Apple Intelligence features, new spatial experiences, and enhanced functionality. The update brings AI-powered tools for writing, image generation, and photo management to the mixed reality headset.

6 Sources

Amazon's Alexa+ Launches with Limited Features, Falling Short of Initial Promises

Amazon's highly anticipated AI-powered assistant, Alexa+, has launched with significantly fewer features than initially promised, disappointing users and highlighting the challenges of implementing advanced AI in consumer products.

12 Sources

Runway's Gen-4 AI Model Promises Consistent Characters and Scenes in Video Generation

Runway, an AI startup, has released Gen-4, a new video synthesis model claiming to solve consistency issues in AI-generated videos. The model aims to maintain coherent characters, objects, and environments across multiple shots and angles.

14 Sources

Infosys and Linux Foundation Networking Join Forces to Promote Responsible AI in Global Networks

Infosys collaborates with Linux Foundation Networking to advance Responsible AI principles and accelerate domain-specific AI adoption across global networks, contributing its Responsible AI Toolkit to new open-source projects.

3 Sources

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