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05 Jun 2025

Micron Leads Memory Innovation with World's First 1γ LPDDR5X for AI-Driven Smartphones

Micron has begun shipping qualification samples of the world's first LPDDR5X memory built on the 1γ (1-gamma) process node, offering unprecedented speed and efficiency for AI-powered smartphones.

4 Sources

Cohere Seeks $500 Million in Funding to Compete in AI Race

AI startup Cohere is aiming to raise over $500 million in new funding, potentially valuing the company at $5.5-6.5 billion. The move highlights the intensifying competition in the AI industry as Cohere seeks to catch up with rivals like OpenAI and Anthropic.

2 Sources

Quant Fund Giant AQR Capital Management Embraces AI for Trading Decisions

AQR Capital Management, led by Cliff Asness, has shifted its stance on AI and machine learning, now fully incorporating these technologies into its trading strategies across various asset classes.

2 Sources

Perplexity AI Challenges Tech Giants with Innovative Approach to AI Assistants

Perplexity AI gains traction in the AI industry with strategic partnerships and a unique approach to AI assistants, focusing on accuracy, transparency, and business needs.

2 Sources

AI's Energy Appetite: Big Tech Turns to Nuclear and Alternative Power Sources

As AI data centers' energy demands soar, tech giants are exploring nuclear power and other energy solutions to meet the growing need, potentially benefiting various energy sector stocks.

2 Sources

04 Jun 2025

Manus AI Challenges Industry Giants with New Text-to-Video Generation Feature

Manus AI, an emerging player in artificial intelligence, has launched a text-to-video generation service, positioning itself as a competitor to established companies like OpenAI and Google. This move marks a significant development in the rapidly evolving AI-driven content creation market.

3 Sources

Anthropic Cuts Windsurf's Access to Claude AI Models Amid OpenAI Acquisition Rumors

Anthropic has significantly reduced Windsurf's direct access to its Claude AI models, citing the need to prioritize sustainable partnerships. This move comes amid rumors of OpenAI acquiring Windsurf, highlighting the intensifying competition in the AI-assisted coding sector.

3 Sources

Apple's A20 Chip: A Leap in Mobile Processor Technology for 2026 iPhones

Apple plans to introduce the A20 chip with advanced multi-chip packaging for the 2026 iPhone models, marking a significant advancement in mobile processor technology.

2 Sources

Anthropic's AI-Generated Blog 'Claude Explains' Shut Down After Brief Launch

Anthropic's experimental AI-written blog 'Claude Explains' was discontinued shortly after its launch, raising questions about transparency and the current capabilities of AI in content creation.

5 Sources

Google Backs TAE Technologies with $150 Million Investment in Fusion Power

Google, along with other investors, has contributed to a $150 million funding round for TAE Technologies, a company working on commercializing fusion power. This investment highlights the growing interest in fusion energy and its potential impact on the future of clean energy production.

2 Sources

TSMC's Confident Stance in AI Chip Market: "They Will All Come to Us in the End"

TSMC's CEO C.C. Wei expresses unwavering confidence in the company's dominance of the AI chip market, citing their diverse product offerings and strategic positioning in both Taiwan and the US.

2 Sources

CrowdStrike's Q1 Earnings Beat Expectations, Driven by AI Innovation and Falcon Flex Success

CrowdStrike reports strong Q1 fiscal 2026 results, with revenue up 20% YoY to $1.1 billion. The company's Falcon Flex subscription model shows significant growth, while AI-powered security solutions continue to drive innovation and market expansion.

7 Sources

Asana Reports First Operating Profit Amid AI Integration and Slowing Revenue Growth

Asana achieves its first non-GAAP operating profit in Q1 FY2026, but faces investor concerns due to slowing revenue growth. The company's AI Studio shows promise, crossing $1 million in ARR.

4 Sources

Hewlett Packard Enterprise Beats Q2 Estimates, Driven by AI Server Demand

HPE reports strong Q2 results, with revenue and profit exceeding expectations due to increased demand for AI-optimized servers and hybrid cloud solutions. The company faces challenges but remains focused on strategic growth in AI and cloud services.

4 Sources

Nvidia's $1.5 Trillion Rally: Investors Bet on Continued Growth Amid AI Boom

Nvidia's stock has rebounded significantly, with investors optimistic about its future in the AI chip market despite geopolitical challenges and competition concerns.

13 Sources

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