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22 Jul 2025

Palantir's AI Ambitions: From Defense Darling to Commercial Powerhouse

Palantir Technologies is transitioning from a defense-focused company to a major player in the commercial AI sector, with its stock soaring and new partnerships forming.

18 Sources

Composio Secures $25M to Revolutionize AI Agent Development with Experience-Based Learning

Composio, an agentic AI startup, has raised $25 million in Series A funding to enhance AI agent development through experience-based learning and streamlined enterprise integrations.

3 Sources

Hailo Unveils Hailo-10H: A Groundbreaking Generative AI Chip for Edge Devices

Hailo Technologies Ltd. has launched the Hailo-10H, a second-generation AI accelerator chip that brings generative AI capabilities to edge devices with high efficiency and low power consumption.

2 Sources

Silicon Valley Startup xLight Raises $40 Million to Develop Advanced Chip-Making Laser Technology

xLight, a Silicon Valley startup, has secured $40 million in funding to develop a new class of laser for extreme ultraviolet (EUV) lithography machines, aiming to revolutionize chip manufacturing and compete with China's aggressive investments in the field.

4 Sources

Indonesia Unveils National AI Strategy to Attract Foreign Investment and Boost Economic Growth

Indonesia is set to launch its first comprehensive national AI strategy next month, aiming to attract foreign investment and position itself in the global AI and chip-making race. The move follows Malaysia's success in securing billions from tech giants for AI infrastructure.

3 Sources

CARV Pioneers AI Beings: Autonomous Agents Redefining Web3 Intelligence

CARV, a Web3 infrastructure company, is advancing the concept of AI Beings - autonomous, economically independent AI agents that can survive and evolve in the crypto ecosystem. This development marks a significant shift in how AI interacts with blockchain technology.

2 Sources

FuriosaAI Secures Major Partnership with LG After Rejecting Meta's $800M Acquisition Offer

South Korean AI chip startup FuriosaAI partners with LG AI Research to supply its RNGD chip for the EXAONE platform, marking a significant milestone after declining Meta's acquisition bid.

6 Sources

Tata Communications and AWS Partner to Build Advanced AI-Ready Network in India

Tata Communications and Amazon Web Services (AWS) collaborate to create a high-capacity, resilient network connecting key AWS infrastructure sites in India, aimed at boosting generative AI adoption and cloud innovation.

3 Sources

Xelix Secures $160 Million Series B Funding to Advance AI Innovation in Accounts Payable

Xelix, an AI-powered accounts payable platform, has raised $160 million in Series B funding to accelerate product development and expand market presence. The company aims to transform manual AP processes into automated, intelligent workflows using AI technology.

2 Sources

AstraZeneca to Invest $50 Billion in U.S. Manufacturing and R&D, Leveraging AI and Automation

AstraZeneca announces a $50 billion investment in U.S. manufacturing and R&D by 2030, including a state-of-the-art facility in Virginia that will use AI and automation to optimize production of weight management and metabolic drugs.

6 Sources

AWS Kiro AI Coding Tool Faces Usage Limits and Waitlist Amid Surging Demand

AWS introduces temporary usage limits and a waitlist for its new AI-powered coding tool, Kiro, due to unexpectedly high demand. The move comes as the company works to scale the system and improve performance.

2 Sources

PC Market Surges in Q2 2025: AI PCs, Windows 11 Adoption, and Geopolitical Shifts Drive Growth

The global PC market experienced an 8.4% year-over-year growth in Q2 2025, driven by Windows 10 end-of-life, AI PC adoption, and commercial demand. Lenovo leads the market, while geopolitical factors and manufacturing shifts shape the industry's future.

2 Sources

Nvidia CEO Jensen Huang's Relentless Work Ethic: The Price of Leading a $4.2 Trillion AI Giant

Jensen Huang, CEO of Nvidia, reveals his intense work schedule and lack of work-life balance as he leads the world's most valuable company, valued at $4.2 trillion.

2 Sources

Anthropic Reverses AI Ban in Job Applications, Now Encourages Use of Claude

Anthropic, a leading AI company, has updated its hiring policies to allow job applicants to use its AI chatbot Claude for resume and application preparation, marking a significant shift from its previous stance.

3 Sources

Alphabet Boosts AI Investments as Cloud Revenue Surges, Beating Q2 Expectations

Alphabet, Google's parent company, surpassed Q2 revenue estimates, driven by strong cloud performance and AI advancements. The company plans to increase capital expenditure to $85 billion in 2025, signaling aggressive AI investments.

54 Sources

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