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19 Jun 2025
Israeli developer Maor Shlomo sells his six-month-old AI startup Base44 to Wix for $80 million, showcasing the potential of AI-driven solo entrepreneurship and the growing interest in vibe coding platforms.
5 Sources
Agentic AI is transforming how businesses operate by enabling autonomous decision-making and adaptive workflows. This technology promises to overcome complexity, enhance security, and drive significant productivity gains across various industries.
6 Sources
Meta Platforms has transformed its fortunes through aggressive AI investments and strategy shifts, driving a 683% stock rise since 2022 lows and positioning itself as a leader in AI-powered advertising and technology.
Nvidia's venture arm, NVentures, joins Bill Gates and others in a $650 million funding round for TerraPower, a nuclear reactor startup, as tech giants seek sustainable energy solutions for power-hungry AI data centers.
8 Sources
Intel appoints new executives, including AI specialists, as part of CEO Lip-Bu Tan's strategy to revitalize the company, focusing on engineering and customer satisfaction while preparing for workforce reductions.
Amazon Web Services is preparing to announce updates to its custom Graviton4 CPU and introduce a new AI training chip, potentially disrupting the market dominated by Intel, AMD, and NVIDIA.
3 Sources
Marvell Technology's shares surge following its Custom AI event, with analysts praising the company's expanded growth opportunities in the AI chip market.
4 Sources
Top ECB policymaker Francois Villeroy de Galhau calls for EU to establish deadlines for financial integration and create an AI community to compete globally.
2 Sources
Health tech startup Tennr secures $101 million in Series C funding, reaching a $605 million valuation. The company aims to streamline patient referrals using AI-powered document analysis.
Infosys and Adobe announce a collaboration to transform marketing using AI, combining Infosys Aster and Adobe's tools to enhance personalization and customer experiences.
NVIDIA is reportedly developing a new GeForce RTX 5090 DD graphics card, specifically designed for the Chinese market to comply with updated U.S. export restrictions. This variant features reduced memory and bandwidth compared to its predecessors.
Traversal, an AI-powered site reliability and observability startup, launches with $48 million in funding to tackle complex software failures and downtime issues in the age of AI-generated code.
AI-generated ads make waves in the industry, sparking discussions about the future of creativity, job security, and business models in advertising.
Asana's Model Context Protocol (MCP) server, an AI integration feature, experienced a bug that potentially exposed user data to other organizations. The incident affected approximately 1,000 customers and raises concerns about data privacy in AI-powered tools.
Deezer, a French music streaming service, is implementing a new system to label AI-generated music in an effort to combat streaming fraud and protect artist rights.
12 Sources
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