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05 May 2025

Recursion Pharmaceuticals Reports Q1 2025 Results: AI-Driven Strategy Reshapes Pipeline and Partnerships

Recursion Pharmaceuticals, a clinical-stage TechBio company, announces Q1 2025 financial results and business updates, highlighting its AI-driven approach to drug discovery and development, strategic pipeline adjustments, and progress in key partnerships.

2 Sources

US Lawmakers Propose Tracking Technology for Nvidia AI Chips to Combat Smuggling to China

A bipartisan bill aims to implement tracking and potential disabling mechanisms for advanced AI chips, particularly those made by Nvidia, to prevent smuggling into China and enforce export controls.

15 Sources

Tether Unveils AI Platform with Integrated Bitcoin and USDT Payments

Tether, the company behind the USDT stablecoin, announces Tether AI, an open-source artificial intelligence platform that will support Bitcoin and USDT payments. The platform aims to merge cryptocurrency with AI technology through decentralized applications.

5 Sources

Datadog Acquires Eppo to Enhance AI-Driven Product Analytics and Experimentation

Datadog, a leading cloud monitoring and security platform, has acquired Eppo, a feature flagging and experimentation platform, to bolster its product analytics capabilities and simplify AI workflows.

4 Sources

Tech Mahindra and KOGO AI Forge Strategic Alliance to Revolutionize Enterprise AI Solutions

Tech Mahindra and KOGO AI have partnered to develop and deliver next-generation enterprise AI solutions focused on autonomy, scalability, and regulatory compliance. This collaboration aims to transform enterprise AI from experimentation to effective execution.

5 Sources

AppLovin Faces Legal Challenges and Stock Downgrades Amid AI and Data Exploitation Allegations

AppLovin, once celebrated for its AI technology and ad business, now faces a securities class action lawsuit and stock downgrades following allegations of data exploitation and misleading investors about its AI capabilities.

2 Sources

AI-Powered Coding Startup Anysphere Raises $900M, Triples Valuation to $9B

Anysphere, the company behind AI coding assistant Cursor, has secured a $900 million funding round led by Thrive Capital, tripling its valuation to $9 billion. The startup's rapid growth highlights the increasing demand for AI-powered coding tools in the tech industry.

6 Sources

Reserve Bank of New Zealand Warns of AI Risks to Financial Stability

The Reserve Bank of New Zealand highlights both opportunities and risks associated with the rapid adoption of AI in financial services, emphasizing the need for ongoing monitoring and risk management.

2 Sources

04 May 2025

Huawei's Ambitious Push into Advanced Chipmaking: Building a Mega Facility in Shenzhen

Huawei is constructing a large-scale chip production facility in Shenzhen, China, aiming to reduce dependence on foreign technology and boost its capabilities in AI and advanced semiconductor manufacturing.

2 Sources

Chhattisgarh Unveils India's First AI-Based Data Centre Park with ₹1000 Crore Investment

Chhattisgarh inaugurates a pioneering AI-based data centre park in Raipur, with an initial investment of ₹1000 crore. The facility, spanning 13.5 acres, aims to boost India's AI capabilities and create numerous job opportunities.

7 Sources

Google's AI Training Practices Raise Concerns Over Publisher Opt-Outs and Data Usage

Google's DeepMind VP reveals that the company's search organization can train AI on publisher content even after opt-outs, sparking debates on data usage and monopolistic practices.

4 Sources

03 May 2025

Instagram Co-Founder Warns AI Chatbots Prioritize Engagement Over Usefulness

Kevin Systrom criticizes AI companies for focusing on user engagement tactics rather than providing meaningful insights, drawing parallels to social media growth strategies.

2 Sources

Apple Pledges $500 Billion Investment in US, Emphasizing Domestic Semiconductor Manufacturing

Apple CEO Tim Cook announces a massive $500 billion investment in the US over the next four years, highlighting the company's commitment to domestic semiconductor manufacturing and praising President Trump's focus on the sector.

2 Sources

Apple and Anthropic Join Forces to Develop AI-Powered 'Vibe-Coding' Platform

Apple partners with Anthropic to create an AI-driven coding platform, integrating Claude Sonnet model into Xcode. The collaboration aims to revolutionize software development with AI assistance in writing, editing, and testing code.

12 Sources

Meta's Vision for AI-Powered Smart Glasses: The Future of Personal Computing?

Mark Zuckerberg emphasizes Meta's focus on AI-integrated smart glasses as the next generation of computing platforms, sparking debates about their potential to replace smartphones.

2 Sources

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