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01 Apr 2025

Ethereum NFT Marketplace X2Y2 Shuts Down, Pivots to AI-Driven Crypto Project

X2Y2, a prominent Ethereum NFT marketplace, announces its closure after three years of operation. The team behind X2Y2 is shifting focus to an AI-driven crypto project, signaling a significant change in the NFT landscape.

2 Sources

Arm Aims to Capture 50% of Data Center CPU Market by End of 2025, Driven by AI Boom

Arm Holdings projects a significant increase in its share of the global data center CPU market, from 15% to 50% by the end of 2025, primarily due to the surge in AI computing demand and the adoption of Arm-based processors by major cloud providers.

6 Sources

AMD Completes $4.9 Billion Acquisition of ZT Systems to Boost AI Infrastructure Capabilities

AMD finalizes its $4.9 billion acquisition of ZT Systems, aiming to enhance its AI infrastructure capabilities and compete more effectively with NVIDIA in the data center and AI markets.

8 Sources

Varonis Achieves Sustaining Partner Status with Black Hat, Showcasing AI-Driven Data Security Solutions

Varonis Systems, Inc. announces its new status as a Sustaining Partner with Black Hat and shares its event schedule for Black Hat Asia 2025, highlighting its cloud-native Data Security Platform and AI-related cybersecurity solutions.

2 Sources

Google.org Invests $10 Million to Boost AI Adoption Among Nonprofits

Google's philanthropic arm, Google.org, is granting $10 million to help nonprofits integrate AI into their operations. This initiative aims to provide AI training and support to organizations across the United States, enabling them to leverage AI technology for greater efficiency and impact.

2 Sources

Gartner Forecasts Massive Surge in Generative AI Spending Despite Challenges

Gartner predicts global generative AI spending to reach $644 billion in 2025, a 76.4% increase from 2024, despite high failure rates and declining expectations. The forecast highlights a shift towards commercial solutions and hardware integration.

5 Sources

Rocket Companies Acquires Mr. Cooper in $9.4B Deal, Reshaping the Mortgage Industry with AI-Driven Homeownership Platform

Rocket Companies' $9.4B acquisition of Mr. Cooper aims to create an AI-powered, end-to-end homeownership platform, combining mortgage origination, servicing, and real estate services. This move, following Rocket's recent Redfin acquisition, signals a major shift in the U.S. housing market.

3 Sources

Retym Raises $75M to Revolutionize AI Data Center Connectivity with Advanced DSP Chips

Retym, a US-Israeli chip startup, secures $75 million in Series D funding to develop innovative digital signal processing chips for AI data centers, aiming to challenge Marvell Technology's market dominance.

6 Sources

Microsoft at 50: Pivoting to AI and Cloud While Reflecting on Its Legacy

As Microsoft celebrates its 50th anniversary, the company is shifting focus towards AI and cloud technologies while reflecting on its history of innovation and adaptation in the tech industry.

12 Sources

UK Government Plans to Commercialize Public Data for AI Development

The UK government is developing plans to create a "National Data Library" that could monetize public records, including health and education data, for AI development within the next decade.

2 Sources

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