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22 May 2025

Sify Revolutionizes AI Infrastructure Pricing in India with GPU-as-a-Service Model

Sify, a major Indian data center provider, introduces a new pay-per-use pricing model for AI-ready data centers, aiming to attract global firms to host GPUs in India and accelerate AI adoption.

2 Sources

Navitas Semiconductor Stock Soars on NVIDIA Partnership for AI Power Systems

Navitas Semiconductor's stock price more than doubled after announcing a collaboration with NVIDIA to develop high-efficiency power delivery systems for next-generation AI workloads.

8 Sources

Sophon Unveils zkTLS-Based Social Oracle for Integrating Private Web2 Data On-Chain

Sophon introduces a zkTLS-powered Social Oracle, enabling secure integration of private Web2 data into blockchain applications while preserving user privacy. This innovation bridges the gap between Web2 and Web3, offering new possibilities for personalized crypto experiences.

2 Sources

Blackstone's $11.5 Billion TXNM Energy Acquisition Faces Scrutiny Over AI Data Center Plans

Blackstone's proposed acquisition of TXNM Energy is under scrutiny, with stakeholders focusing on plans for AI data centers in New Mexico. The deal, driven by rising electricity demand from Big Tech, faces potential challenges from groups like New Energy Economy.

2 Sources

Meta Launches Llama Startup Program to Boost AI Innovation

Meta introduces the Llama Startup Program, offering financial and technical support to early-stage startups developing generative AI applications using its Llama models.

4 Sources

Trump Administration Considers Deep-Sea Mining Leases, Sparking Environmental Concerns

The Trump administration is evaluating a request to sell leases for seabed mining off American Samoa, potentially paving the way for deep-sea mineral extraction using AI-powered robots. This move has raised environmental concerns and highlights the ongoing debate between economic interests and ecosystem preservation.

3 Sources

CoreWeave Secures $2 Billion in Junk Bond Offering, Boosting AI Infrastructure Funding

CoreWeave, an AI data center operator, successfully raised $2 billion through a junk bond offering, surpassing initial expectations. The company's shares surged following the announcement, reflecting strong investor confidence in the AI infrastructure sector.

2 Sources

Builder.ai's Spectacular Collapse: The Fall of a Billion-Dollar AI Startup

Builder.ai, a once-promising AI-powered app development platform, has filed for bankruptcy after burning through $500 million in funding. The collapse highlights the risks of AI hype and "FOMO investing" in the tech industry.

4 Sources

Google Unveils AI-Powered Advertising Tools at Marketing Live 2025

Google introduces a suite of AI-driven advertising tools at Marketing Live 2025, including Smart Bidding Exploration and agentic assistants, to help marketers and businesses leverage AI for improved ad performance and commerce growth.

2 Sources

LMArena Secures $100M Seed Funding, Valued at $600M for AI Model Evaluation Platform

LMArena, an AI benchmarking platform born from an academic project, has raised $100 million in seed funding at a $600 million valuation. The platform allows users to compare and evaluate AI models through crowdsourced testing.

5 Sources

Microsoft Accidentally Reveals Walmart's AI Plans Amid Protests at Build Conference

During Microsoft's Build conference, a security mishap exposed confidential details about Walmart's AI initiatives, highlighting both companies' ambitious plans in AI technology and sparking discussions about corporate responsibility.

2 Sources

Amazon Introduces AI-Powered Audio Summaries for Product Pages

Amazon is testing a new AI-powered feature that provides short audio summaries of product details, customer reviews, and web information for select items in its shopping app.

11 Sources

OpenAI Acquires Jony Ive's io for $6.5B, Signaling Major Push into AI Hardware

OpenAI has acquired Jony Ive's company io for $6.5 billion, bringing the legendary Apple designer on board to lead creative and design efforts. This move signals OpenAI's ambitious plans to develop AI-powered consumer devices and take AI "beyond the screen".

101 Sources

Shopify Revolutionizes E-commerce with AI-Powered Store Builder and Enhanced Platform Features

Shopify introduces an AI-powered store builder and a suite of AI tools in its latest update, aiming to simplify online store creation and enhance the e-commerce experience for merchants and customers alike.

8 Sources

Infosys and LogicMonitor Partner to Enhance IT Operations with AI-Powered Observability

Infosys and LogicMonitor announce a strategic collaboration to improve IT operations observability, performance, and reliability using AI-powered solutions.

3 Sources

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