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03 Jul 2025

UK AI-Driven Delivery Startup Hived Raises $42M for Nationwide Expansion

Hived, a UK-based parcel delivery startup using AI and electric vehicles, secures $42 million in Series B funding to expand its operations across Britain and enhance its AI-powered logistics platform.

4 Sources

EU Stands Firm on AI Act Timeline Despite Industry Pushback

The European Union reaffirms its commitment to implementing the AI Act on schedule, rejecting calls from tech companies for a delay. This decision highlights the ongoing tension between regulation and innovation in the rapidly evolving AI sector.

15 Sources

Microsoft's AI Push Shadows Xbox Layoffs and Game Cancellations

Microsoft's Xbox division faces massive layoffs and game cancellations amid record profits, with AI integration suspected as a key factor in the restructuring.

4 Sources

MIT Spin-off Foundation Alloy Revolutionizes Metal Manufacturing with AI-Compatible Technology

Foundation Alloy, a startup founded by MIT alumni, has developed a groundbreaking solid-state metallurgy technology that produces ultra-high-performance metal alloys without melting raw materials. This innovation promises to accelerate product development and enable the creation of more efficient and reliable systems across various industries, including AI chip manufacturing.

2 Sources

CEOs Predict Massive Job Displacement as AI Advances, Sparking Debate on Future of Work

Corporate leaders across industries are warning of significant job losses due to AI advancements, with some predicting up to half of white-collar jobs could be eliminated. However, experts disagree on the extent and timeline of AI's impact on employment.

7 Sources

Maieutic Semiconductor Raises $4.15 Million to Revolutionize Analog IC Design with GenAI

Bengaluru-based startup Maieutic Semiconductor secures $4.15 million in seed funding to develop a generative AI-driven platform for accelerating analog semiconductor design, aiming to reduce chip design cycles from weeks to days.

3 Sources

GobbleCube Secures $3.5M Funding to Enhance AI-Powered Brand Analytics Platform

GobbleCube, an AI-backed brand analytics platform, has raised $3.5 million in a funding round led by InfoEdge Ventures, with participation from existing investor Kae Capital. The startup plans to use the funds to improve its AI capabilities and expand globally.

2 Sources

NYT Wins Court Battle to Access ChatGPT Logs, Raising Privacy Concerns

A federal judge has ruled in favor of The New York Times, allowing it to search through ChatGPT user logs, including deleted conversations, as part of a copyright infringement lawsuit against OpenAI. This decision has sparked a heated debate about user privacy and data retention in AI.

4 Sources

AI-Powered Search Reshapes News Consumption, Challenging Publishers' Traffic

AI-powered search tools, particularly Google's AI Overviews, are significantly reducing traffic to news websites. While ChatGPT referrals are growing, they're not enough to offset the decline in organic search traffic, forcing publishers to explore new monetization strategies.

3 Sources

Startup Gigablue's Ocean Carbon Capture Technology Raises Questions Amid Major Carbon Credit Sale

Gigablue, an Israeli startup, has sold 200,000 carbon credits for its unproven ocean-based carbon capture technology, sparking debate about the efficacy and regulation of emerging climate solutions.

5 Sources

Google's Veo 3 AI Video Generator Now Available Globally for Gemini Pro Subscribers

Google has expanded access to its advanced AI video generation tool, Veo 3, to Gemini Pro subscribers in 159 countries. The tool offers improved features including audio generation and lip-syncing capabilities.

9 Sources

OpenAI Condemns Robinhood's 'OpenAI Tokens', Sparking Debate on AI Company Equity

OpenAI publicly disavows Robinhood's sale of 'OpenAI tokens', stating they are not actual company equity. The incident raises questions about AI company ownership and tokenization of private assets.

4 Sources

Tesla's Struggles Deepen: Declining Sales, Brand Perception, and Autonomous Driving Challenges

Tesla faces a significant drop in vehicle deliveries and brand perception across political lines, while its autonomous driving technology faces scrutiny and skepticism.

2 Sources

AMD's FidelityFX Super Resolution 4 Set to Power PlayStation 5 Pro's Advanced Upscaling

Sony and AMD collaborate on Project Amethyst to bring FSR 4, an AI-powered upscaling technology, to the PS5 Pro in 2026, promising significant improvements in graphics and performance.

2 Sources

AI's Impact on the Workforce: Balancing Efficiency and Human Value

As companies increasingly adopt AI, leaders offer insights on its implementation while concerns about job displacement and workplace culture shifts emerge.

5 Sources

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