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18 Jun 2025

Jabil Raises Annual Forecast Amid Strong AI-Driven Data Center Demand

Electronics component maker Jabil increases its full-year profit and revenue forecast, citing strong demand for data center infrastructure driven by AI adoption.

3 Sources

Salesforce Raises Prices and Introduces New AI-Powered Products

Salesforce announces a 6% price increase for its Enterprise and Unlimited editions, along with new AI-powered products and pricing models, as the company pushes its Agentforce platform.

8 Sources

Sword Health Raises $40M, Expands into AI-Powered Mental Health Services

Sword Health, an AI-powered digital health startup, secures $40 million in funding at a $4 billion valuation. The company introduces 'Mind', an AI-driven mental health service, and delays IPO plans to focus on expanding its care verticals.

3 Sources

MiniMax M1: China's New Open-Source AI Model Challenges Global Leaders with Efficiency and Performance

MiniMax, a Shanghai-based AI firm, releases the M1 model, an open-source large language model that boasts impressive performance and cost-efficiency, potentially disrupting the AI industry dominated by U.S. tech giants.

3 Sources

17 Jun 2025

Applied Intuition Secures $600 Million in Funding, Pushing Valuation to $15 Billion

Applied Intuition, a leading autonomous vehicle software company, has raised $600 million in a Series F funding round, doubling its valuation to $15 billion. The company aims to expand its AI-powered vehicle intelligence solutions across various sectors.

5 Sources

Adobe Launches Firefly AI Mobile App with Expanded Third-Party Model Support

Adobe releases a dedicated Firefly app for iOS and Android, offering AI-powered image and video creation tools. The app includes support for multiple third-party AI models and introduces new features to enhance creative workflows.

21 Sources

Coralogix Raises $115M, Launches AI Agent 'Olly' to Revolutionize Data Observability

Coralogix, an Israeli startup, has raised $115 million in a Series E round, reaching unicorn status with a valuation over $1 billion. The company introduces its AI agent 'Olly' to simplify data monitoring and plans significant expansion in India.

6 Sources

AMD Unveils Ryzen Threadripper 9000 Series: Up to 145% Faster Than Intel Xeon in Workstation Tasks

AMD has launched its new Ryzen Threadripper 9000 series processors, claiming significant performance improvements over previous generations and rival Intel Xeon CPUs, particularly in AI and workstation tasks.

7 Sources

Microsoft Study Reveals the 'Infinite Workday' and Proposes AI Solutions

Microsoft's new report highlights the challenges of an 'infinite workday' and suggests AI as a potential solution to improve work-life balance and productivity.

6 Sources

Oracle Launches Defense Ecosystem to Boost AI and Cloud Tech Adoption in US Military

Oracle has introduced the Oracle Defense Ecosystem, a program designed to help smaller tech firms sell their innovations to the US Department of Defense, leveraging cloud and AI technologies to enhance national security.

4 Sources

Oracle Cloud Partners with xAI to Offer Grok 3 Model to Enterprise Customers

Oracle's cloud division collaborates with Elon Musk's xAI to bring the advanced Grok 3 AI model to corporate users, expanding its portfolio of AI offerings while maintaining data security and integration capabilities.

6 Sources

Google Launches AI-Powered Cybersecurity Initiatives in India to Combat Rising Digital Fraud

Google unveils its Safety Charter and opens a new security engineering center in India, leveraging AI to enhance fraud detection and cybersecurity measures across its products and services.

11 Sources

Spotify CEO Daniel Ek Leads €600 Million Investment in AI Defense Startup Helsing

Helsing, a German AI defense tech startup, has raised €600 million in a funding round led by Spotify CEO Daniel Ek's investment firm Prima Materia, valuing the company at €12 billion and making it one of Europe's most valuable private tech firms.

9 Sources

SK Hynix Shares Soar to Record Highs Amid AI Boom and Data Center Plans

SK Hynix's stock reaches a two-decade high as the company capitalizes on the AI boom and plans for a major AI data center, solidifying its position in the high-bandwidth memory market.

3 Sources

Meta Unveils Oakley Smart Glasses: A Leap Forward in AI Wearable Technology

Meta has announced a new line of AI-enabled smart glasses in collaboration with Oakley, featuring improved battery life, higher resolution video capture, and enhanced AI capabilities.

38 Sources

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