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27 Jun 2025

Tokyo Electron Confident in Maintaining Lead Over Chinese Rivals in AI Chip Manufacturing

Tokyo Electron's CEO expresses confidence in the company's ability to maintain its technological edge over Chinese competitors in AI chip manufacturing, citing advanced technology and strong partnerships with leading chipmakers.

2 Sources

L&T Technology Services Launches AI-Focused Engineering Design Centre in Texas

L&T Technology Services (LTTS) has opened a new Engineering Design Centre in Plano, Texas, focusing on AI, cybersecurity, and defense technology, creating 350 high-skilled jobs and strengthening its presence in North America.

2 Sources

Meta's Aggressive AI Talent Acquisition: Debunking the $100M Signing Bonus Myth

Meta's pursuit of top AI talent sparks controversy, with claims of massive signing bonuses debunked. The company's strategy reveals the intense competition in the AI industry, while raising questions about compensation and culture in tech giants.

24 Sources

India Leads Global Generative AI Adoption in Workplace, BCG Survey Reveals

A recent BCG survey highlights India's dominance in generative AI adoption at work, with 92% of employees using it regularly. The study also reveals concerns about job security and the need for proper training and leadership support in AI implementation.

2 Sources

Redwood Materials Launches Energy Storage Business, Targeting AI Data Centers with Repurposed EV Batteries

Redwood Materials, a battery recycling company, has launched Redwood Energy, a new business line that repurposes used EV batteries to create renewable-powered microgrids for AI data centers, addressing the growing energy demands of the AI industry.

4 Sources

Singapore Court Adjourns AI Chip Smuggling Case: Implications for US-China Tech Tensions

A Singapore court has adjourned the case against three individuals accused of illegally transferring Nvidia AI chips to China until August 22. The case highlights ongoing tensions between the US and China over advanced technology exports.

5 Sources

SoftBank's Masayoshi Son Aims to Dominate 'Artificial Super Intelligence' with Massive OpenAI Investment

SoftBank CEO Masayoshi Son announces plans to become the leading platform provider for 'artificial super intelligence' within a decade, with a focus on OpenAI investments and strategic acquisitions.

4 Sources

Ravenscraig Site Set to Become £3.9bn Green AI Data Centre in Scotland

Plans have been unveiled to transform part of the former Ravenscraig Steelworks site in Scotland into one of the UK's largest green AI data centres, with a potential £3.9 billion investment that could significantly boost the local economy and job market.

2 Sources

Meta in Advanced Talks to Acquire AI Voice Startup PlayAI

Meta Platforms is reportedly in advanced negotiations to acquire PlayAI, a voice cloning AI startup, as part of its strategy to enhance its AI capabilities and talent pool.

7 Sources

AI's Rapid Evolution: Reshaping the Internet, Copyright, and Global Power Dynamics

A comprehensive look at how AI is transforming internet usage, challenging copyright norms, and shifting global power dynamics, with insights from industry leaders and recent legal rulings.

8 Sources

AI Adoption Surges Among Desk Workers, Boosting Productivity and Job Satisfaction

Recent surveys reveal a significant increase in AI usage among desk workers, with daily usage more than doubling in the past six months. While some studies show enthusiasm and productivity gains, others highlight concerns and slow adoption of agentic AI.

2 Sources

Intuit Revolutionizes Business Operations with AI Agents in QuickBooks

Intuit introduces a suite of AI agents in QuickBooks, automating workflows and providing real-time insights to help businesses save time, improve cash flow, and boost efficiency.

4 Sources

Uber in Talks to Fund Travis Kalanick's Potential Acquisition of Pony AI's US Division

Uber is reportedly in preliminary discussions with its co-founder Travis Kalanick to help fund a potential acquisition of Pony AI's US division, sparking interest in the autonomous driving sector.

3 Sources

EdgeCore's $17 Billion Investment in Virginia Data Center to Boost AI Infrastructure

EdgeCore Digital Infrastructure announces a massive $17 billion investment in a new 1.1-gigawatt data center campus in Virginia, aimed at supporting hyperscale and AI-focused customers.

2 Sources

Standard Chartered CEO Bill Winters: MBA 'Waste of Time', Soft Skills Crucial in AI Era

Standard Chartered CEO Bill Winters claims his MBA was a 'waste of time' and emphasizes the importance of soft skills like curiosity and empathy in the age of AI, challenging traditional notions of valuable education and skills in the workplace.

3 Sources

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