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17 Jul 2025

Deep Algorithm Solutions Secures ₹10.8 Crore in Seed Funding to Boost AI-Powered Cybersecurity

Deep Algorithm Solutions, an AI-driven cybersecurity startup, has raised ₹10.8 crore in seed funding led by Unicorn India Ventures. The company plans to enhance its AI capabilities and expand its market presence in India and Southeast Asia.

2 Sources

China Pioneers Subway-Riding Robots for 7-Eleven Deliveries in Shenzhen

Vanke, a Chinese property giant, has launched a fleet of autonomous robots that deliver goods to 7-Eleven stores by commuting on Shenzhen's subway system, marking a significant step in integrating AI and robotics into urban logistics.

2 Sources

Google and Westinghouse Partner to Revolutionize Nuclear Reactor Construction with AI

Google Cloud and Westinghouse Electric announce a partnership to use AI in streamlining nuclear reactor construction and operation, raising both excitement and concerns in the industry.

3 Sources

Nvidia's China Comeback Boosts Chinese Tech Stocks and AI Development

Nvidia's announcement of resuming H20 GPU sales in China sparks a rally in Chinese tech stocks, particularly benefiting AI leaders like Alibaba. This development signals a potential shift in U.S. semiconductor export policies to China.

2 Sources

16 Jul 2025

Chinese AI Startup MiniMax Files for Hong Kong IPO, Targeting $4 Billion Valuation

MiniMax, a prominent Chinese AI company, has confidentially filed for an IPO in Hong Kong, aiming for a valuation exceeding $4 billion. The company plans to raise up to $637 million in the offering, which could occur before the end of 2023.

3 Sources

Masayoshi Son and Sam Altman Predict Exponential Growth in AI Demand and Infrastructure

SoftBank's Masayoshi Son and OpenAI's Sam Altman foresee an insatiable demand for AI, necessitating massive expansion in computing capacity and infrastructure. They anticipate AI-driven job creation and self-improving robotics.

2 Sources

XPeng Accelerates Hiring and AI Development in Global Expansion Push

Chinese EV maker XPeng increases hiring targets, focusing on AI and autonomous driving technology as part of its global expansion strategy.

2 Sources

Infosys Partners with Melbourne Catholic Schools for AI-Driven Digital Transformation

Infosys collaborates with Melbourne Archdiocese Catholic Schools to modernize digital systems across 300 schools, implementing cloud-based AI-capable platforms to enhance efficiency and prepare for future AI innovations in education.

2 Sources

Vinod Khosla Warns: US Immigration Policies Threaten AI and Climate Tech Innovation

Billionaire investor Vinod Khosla argues that restrictive US immigration policies are hindering progress in AI and climate technology by limiting the influx of skilled talent, potentially causing the country to lose its competitive edge.

2 Sources

AMD Radeon AI PRO R9700: A Powerful New Contender in AI Workstation GPUs

AMD is set to launch its Radeon AI PRO R9700 GPU on July 23, 2025, offering high performance for AI workloads at a competitive price point.

5 Sources

Oracle's AI Boom Propels Larry Ellison to Second-Richest Person Globally

Larry Ellison, Oracle's co-founder, surpasses Mark Zuckerberg to become the world's second-richest person with a net worth of $251 billion, driven by Oracle's AI-fueled stock rally and strategic partnerships.

4 Sources

California Launches Breakthrough Project with Ripple and Coinbase to Modernize Government Services

Governor Gavin Newsom announces the California Breakthrough Project, a task force including tech giants like Ripple and Coinbase, aimed at leveraging AI and blockchain to enhance government efficiency and transparency.

2 Sources

China's Ambitious Push to Become an AI Superpower: Billions Invested in Infrastructure and Talent

China is rapidly closing the AI gap with the U.S. through massive state-backed investments in infrastructure, talent, and research, mirroring its success in electric vehicles and solar power industries.

3 Sources

Google Partners with Virginia Governor to Offer Free AI Training Courses

Google collaborates with Virginia's Governor Glenn Youngkin to provide free and low-cost AI certification courses, aiming to boost employment opportunities in the state.

4 Sources

OpenEvidence Secures $210M Funding to Revolutionize AI-Powered Medical Search and Decision Support

OpenEvidence, a healthcare-focused AI platform, raises $210M at a $3.5B valuation to expand its AI-powered clinical research tools and strategic content partnerships, aiming to transform how clinicians access and apply medical knowledge in real-time.

2 Sources

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