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03 Jun 2025

Google's Potential Self-Breakup: A Bold Strategy Amidst Antitrust Pressures

Amidst antitrust challenges, a tech analyst proposes Google voluntarily break itself up, potentially unlocking trillions in value and fostering innovation.

2 Sources

Tempus AI Rebounds with New AI-Driven Healthcare Initiatives Amid Short Seller Allegations

Tempus AI's stock surges following announcements of new AI-powered healthcare programs and analyst support, countering recent short seller criticisms.

3 Sources

Thomson Reuters Launches Agentic AI Platform for Legal and Tax Professionals

Thomson Reuters introduces Agentic Intelligence, an AI platform designed to automate complex workflows for legal and tax professionals, starting with CoCounsel for tax, audit, and accounting tasks.

2 Sources

Microsoft Launches Free Sora-Powered AI Video Generator on Bing Mobile App

Microsoft introduces Bing Video Creator, a free AI video generation tool powered by OpenAI's Sora model, available on the Bing mobile app. This marks the first time Sora's technology is accessible for free to the general public.

19 Sources

Snowflake Acquires Crunchy Data for $250 Million, Boosting AI and PostgreSQL Capabilities

Snowflake has acquired Crunchy Data, a PostgreSQL database provider, for $250 million. This move aims to enhance Snowflake's AI capabilities and introduce Snowflake Postgres, an enterprise-grade PostgreSQL offering for AI and transactional workloads.

11 Sources

Neuralink Secures $650 Million in Funding, Advancing Brain-Computer Interface Technology

Elon Musk's Neuralink raises $650 million in fresh capital, valuing the company at $9 billion. The brain-computer interface startup is progressing with clinical trials and expanding its technology applications.

4 Sources

The Dark Side of AI Chatbots: Engagement at the Cost of User Well-being

AI chatbots are becoming increasingly popular for personal advice and companionship, but their design to maximize user engagement may lead to harmful consequences, especially for vulnerable users.

3 Sources

Elon Musk's xAI Seeks $113 Billion Valuation Amid Ambitious Growth Projections and Political Turmoil

Elon Musk's AI startup xAI is launching a $300 million share sale, valuing the company at $113 billion. The company is also seeking a $5 billion debt financing package, projecting over $13 billion in annual earnings by 2029. However, Musk's recent political fallout with President Trump has complicated the fundraising efforts.

14 Sources

Jeffrey Katzenberg Leads $15.5M Investment in AI Video Ad Platform Creatify

Former DreamWorks CEO Jeffrey Katzenberg co-leads a $15.5 million Series A funding round for Creatify, an AI-powered video ad platform. The investment highlights the growing interest in AI-driven advertising solutions.

2 Sources

Major Record Labels in Licensing Talks with AI Music Startups Suno and Udio

Universal Music Group, Warner Music Group, and Sony Music Entertainment are negotiating licensing deals with AI music startups Suno and Udio, potentially setting a precedent for AI-generated music compensation and copyright issues.

5 Sources

CoreWeave Secures Massive 250MW AI Data Center Lease in North Dakota

CoreWeave signs a 15-year, $7 billion deal with Applied Digital for a 250MW AI and HPC data center in North Dakota, with potential for expansion to 400MW.

2 Sources

Pegasystems Unveils AI-Powered Enhancements to Streamline Enterprise Application Development

Pegasystems introduces Agentic Process Fabric and enhances Pega Blueprint, aiming to revolutionize AI agent deployment and legacy system modernization in enterprises.

2 Sources

McKinsey Leverages AI to Streamline Junior-Level Tasks, Boosting Efficiency

McKinsey & Co. is increasingly using its proprietary AI platform, Lilli, to automate tasks traditionally performed by junior employees, such as creating PowerPoint presentations and drafting proposals.

3 Sources

US-China Trade Tensions Escalate Over AI Technology Restrictions

China accuses the US of violating a recent trade deal by imposing restrictions on AI chip exports and software sales, leading to renewed trade tensions between the world's two largest economies.

3 Sources

02 Jun 2025

Apple's AI Ambitions: Powerful Chatbot in Development, but Challenges Remain

Apple is developing advanced AI models, including a powerful chatbot, but faces challenges with accuracy and executive disagreements on launch timing.

3 Sources

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