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11 Jul 2025

AI Startup iyO Embroiled in Legal Battle with OpenAI, Jony Ive, and Former Employee Over AI Device Concept

A complex legal dispute unfolds as AI startup iyO sues OpenAI, Jony Ive, and a former employee over trademark infringement and trade secrets related to a revolutionary AI communication device.

9 Sources

Man Group Pioneers Agentic AI for Quant Trading Signal Generation

Man Group's quant equity unit introduces AlphaGPT, an agentic AI system capable of autonomously generating, coding, and backtesting trading ideas, marking a significant advancement in AI application in hedge fund management.

2 Sources

Microsoft Poised to Join $4 Trillion Club, Driven by AI and Cloud Growth

Microsoft is on track to reach a $4 trillion market cap, fueled by its AI initiatives and cloud services. Analysts predict this milestone could be achieved as early as this summer, highlighting the company's strong position in the AI revolution.

6 Sources

AWS Unveils Custom Cooling System for AI Chips, Challenging Vertiv's Market Position

Amazon Web Services (AWS) has introduced its own cooling hardware for Nvidia's AI chips, potentially disrupting Vertiv's position in the data center cooling market. This move has led to a significant drop in Vertiv's stock price.

2 Sources

Coinbase Partners with Perplexity AI to Integrate Real-Time Crypto Data

Coinbase and Perplexity AI announce a partnership to provide real-time crypto market data and analysis to traders, aiming to enhance decision-making and further connect AI with cryptocurrency.

5 Sources

New Gen Unveils AI-Powered Storefronts for 'Agentic Commerce' Revolution

New Generation launches an AI platform for intelligent web storefronts, enabling secure AI-initiated transactions and transforming e-commerce with 'agentic shopping' capabilities.

2 Sources

Huawei Seeks to Expand AI Chip Market in Middle East and Southeast Asia

Huawei is attempting to export AI chips to the Middle East and Southeast Asia, challenging Nvidia's dominance in these markets. The company is offering its older-generation Ascend 910B processors and remote access to its advanced AI system.

4 Sources

Intel's New CEO Acknowledges Challenges, Shifts Focus to Edge AI and PC Market

Intel's new CEO, Lip-Bu Tan, admits the company's decline in the semiconductor industry and outlines a strategy to regain competitiveness by focusing on edge AI and the PC market.

6 Sources

AMD's New AI Chips Challenge Nvidia's Dominance, Sparking Stock Rally

AMD's latest MI350 series AI chips are reportedly on par with Nvidia's Blackwell GPUs, leading to a stock surge and analyst upgrades. The company's advancements in AI hardware signal a potential shift in the competitive landscape of the AI chip market.

10 Sources

Diligent Robotics Bolsters Leadership with Ex-Cruise Executives, Eyes Expansion Beyond Healthcare

Diligent Robotics, known for its humanoid hospital robots, hires two former Cruise executives to scale operations and expand into new industries.

2 Sources

Tesla Schedules Delayed Annual Meeting Amid Shareholder Pressure and AI Integration Plans

Tesla announces its annual shareholder meeting for November 6, following pressure from investors and potentially skirting Texas law. Meanwhile, Elon Musk reveals plans to integrate the Grok AI chatbot into Tesla vehicles.

8 Sources

Nvidia CEO Jensen Huang's Net Worth Surges, Rivaling Warren Buffett's as Company Hits $4 Trillion Valuation

Nvidia CEO Jensen Huang's net worth has skyrocketed to rival that of Warren Buffett, as Nvidia becomes the first $4 trillion public company. Huang's recent stock sales and Nvidia's pivotal role in AI development highlight the shifting landscape of wealth and technology.

9 Sources

EU Unveils AI Code of Practice: Balancing Innovation with Regulation

The European Union has published a code of practice to help tech companies comply with its upcoming AI Act, focusing on transparency, copyright protection, and safety measures for advanced AI models.

18 Sources

10 Jul 2025

Palantir's AI Ambitions Drive Stock Surge Amid Analyst Optimism and Market Challenges

Palantir's stock soars on AI potential, with analysts bullish despite concerns over revenue concentration and high valuation.

7 Sources

Google Launches AI-Powered Marketing Tools in India Following 'Google Tax' Repeal

Google introduces a suite of AI-driven advertising tools in India after the country repeals its 6% digital advertisement levy, aiming to capitalize on the growing $7 billion digital ad market.

2 Sources

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