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30 May 2025

Sam Altman's Worldcoin Raises $135M Amid AI-Driven Identity Verification Push

Worldcoin, co-founded by OpenAI CEO Sam Altman, secures $135 million in funding through a direct token sale, sparking a 25% surge in its WLD token. The project aims to provide scalable human verification tools in the age of AI.

2 Sources

Buildots Secures $45M for AI-Powered Construction Management Platform

Buildots, a Chicago-based startup, has raised $45 million in Series D funding to expand its AI and computer vision-powered construction management platform, bringing its total funding to $166 million.

2 Sources

Tesla's Robotaxi Launch Sparks Concerns for Uber's Future

Uber's stock drops as Tesla announces the imminent launch of its autonomous robotaxi service, potentially disrupting the ride-hailing industry.

2 Sources

Dell's AI Server Demand Drives Strong Profit Outlook and Record Backlog

Dell Technologies raises its annual profit forecast due to surging demand for AI-optimized servers, with a significant backlog of $14.4 billion in AI orders.

15 Sources

NuScale's 77 MW Small Modular Reactor Design Approved by US Regulators, Paving Way for AI-Driven Energy Demand

The U.S. Nuclear Regulatory Commission has approved NuScale Power's design for 77 megawatt small modular reactors, marking a significant step towards deploying this new nuclear technology. The approval comes amid rising interest in nuclear energy due to increased power demands from AI-related data centers.

2 Sources

Business Insider Lays Off 21% of Staff, Embraces AI Amid Traffic Challenges

Business Insider announces significant layoffs and a strategic shift towards AI adoption and specialized journalism in response to declining web traffic and the impact of generative AI tools.

4 Sources

Hume Unveils EVI 3: A Breakthrough in Customizable AI Voice Generation

Hume AI launches EVI 3, its latest Empathic Voice Interface model, offering unprecedented customization in AI-generated voices and outperforming competitors in naturalness and expressiveness.

3 Sources

Meta Partners with Anduril to Develop AI-Powered AR Headsets for U.S. Military

Meta and Anduril Industries announce a partnership to create advanced AR/VR devices for the U.S. Army, integrating Meta's AI and AR technology with Anduril's battlefield analytics platform.

17 Sources

AI's Copyright Conundrum: Big Tech's Battle Over Intellectual Property

The AI industry faces accusations of copyright infringement as tech giants lobby for changes in copyright law, sparking debates on fair use and the future of content creation.

2 Sources

Stripe Unveils AI-Powered Financial Tools and Expands Global Payment Capabilities

Stripe introduces new money management tools for UK businesses, showcases AI foundation model for payments, and expands cross-border capabilities, signaling a major push in financial technology innovation.

2 Sources

EnCharge AI Unveils EN100: A Breakthrough in Analog AI Chip Technology

EnCharge AI introduces the EN100, an innovative analog AI accelerator chip that promises to revolutionize on-device AI capabilities with unprecedented energy efficiency and performance.

3 Sources

Elon Musk's White House Exit: Implications for Tesla and AI Focus

Elon Musk's departure from his Trump administration role is seen as positive for Tesla shareholders, with expectations of renewed focus on electric vehicles and autonomous driving technology.

2 Sources

Nvidia Faces Bipartisan Scrutiny Over Planned Shanghai Research Facility

Nvidia's plans to open a research facility in Shanghai have sparked concerns among U.S. senators, who question the potential national security implications and transfer of advanced AI technology to China.

4 Sources

Grammarly Secures $1B in Non-Dilutive Funding to Expand AI-Powered Productivity Platform

Grammarly, the AI-powered writing assistant, has raised $1 billion in non-dilutive funding from General Catalyst to expand its AI offerings and transform into a comprehensive productivity platform.

11 Sources

Nvidia's Strong Earnings Boost AI-Related Stocks and Signal Positive Outlook for Server Makers

Nvidia's impressive earnings report has led to a rise in AI-related stocks, particularly benefiting server manufacturers and energy companies. The report signals strong demand for AI chips and positive prospects for the AI industry.

2 Sources

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