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20 Aug 2025

Cointel Secures $7.4M in Strategic Funding to Boost AI-Powered Crypto Education and Intelligence Platform

Cointel, an AI-native platform for crypto education and trading support, raises $7.4 million in a strategic round led by Avalanche and Sugafam Inc. The funding aims to expand Cointel's global reach and enhance its AI-powered tools for crypto users.

2 Sources

Salesforce Launches AI-Powered Agentforce for Public Sector, Promising Efficiency and Automation in Government Services

Salesforce introduces Agentforce for Public Sector, an AI-driven platform designed to streamline government operations and improve citizen services. The FedRAMP-authorized tool offers prebuilt AI agents for various tasks, raising questions about the future of public sector automation.

4 Sources

Taiwan's Export Orders Rise for 6th Month, Driven by AI Demand Amid Global Trade Risks

Taiwan's export orders increased for the sixth consecutive month in July, boosted by demand for AI-related tech products. However, global trade uncertainties pose risks to the outlook.

2 Sources

Canva Launches $42 Billion Share Sale, Betting on AI for Growth and Potential IPO

Australian graphic design platform Canva initiates an employee stock sale valuing the company at $42 billion, as it invests heavily in AI tools and prepares for a possible IPO.

2 Sources

Tech Selloff and Government Intervention Spark Market Concerns

Global markets face pressure as tech stocks lead a selloff, while the U.S. government's increasing involvement in the tech sector raises eyebrows.

2 Sources

DeepSeek V3.1: A New Contender in the US-China AI Race

Chinese AI startup DeepSeek launches V3.1, a powerful 685 billion parameter model, challenging US dominance in AI technology with open-source accessibility and cost-effective performance.

7 Sources

Fed Governor Michelle Bowman Urges Banks to Embrace Blockchain and AI, Signaling Shift in Crypto Regulation

Federal Reserve Governor Michelle Bowman calls for banks to adopt blockchain, AI, and crypto technologies, highlighting the Fed's openness to digital assets and the potential of tokenization and stablecoins in the modern economy.

2 Sources

95% of Enterprise AI Initiatives Fail to Deliver Measurable Impact, MIT Study Reveals

A new MIT study finds that 95% of businesses implementing generative AI are not seeing measurable results in revenue or growth, despite significant investments. The study highlights issues with integration, prioritization, and adaptation of AI tools in corporate environments.

11 Sources

Upstage Secures $45M Funding and Partners with AWS to Expand AI-Powered Document Intelligence

Upstage, a South Korean AI startup, raises $45M in funding and forms a strategic partnership with AWS to expand its AI-native document intelligence suite to the US market, focusing on transforming document processing in industries like insurance.

2 Sources

Vantage Data Centers Unveils $25 Billion AI Campus Project in Texas

Vantage Data Centers announces plans for a massive $25 billion AI-focused data center campus in Texas, highlighting the growing demand for AI infrastructure and the scale of investments in the sector.

2 Sources

Casca Secures $29M to Revolutionize Loan Origination with AI Technology

Casca, an AI-native loan origination platform, raises $29M in Series A funding to accelerate commercial loan processing for local banks using advanced AI algorithms.

2 Sources

Firecrawl Secures $14.5M Series A to Revolutionize AI-Ready Web Data Infrastructure

Firecrawl, an AI-driven web crawler startup, raises $14.5M in Series A funding to expand its developer-first platform for AI-ready web data extraction and processing.

2 Sources

SoundHound AI Stock Plummets Despite Strong Q2 Performance: Market Concerns and Future Outlook

SoundHound AI's stock experiences significant decline despite recent positive earnings report, raising questions about market dynamics and the company's future prospects.

3 Sources

Meta Launches AI-Powered Voice Translation for Global Creators on Facebook and Instagram

Meta rolls out an AI-powered voice translation feature for creators on Facebook and Instagram, starting with English and Spanish translations, aiming to help content reach broader, multilingual audiences.

11 Sources

Pimco and Blue Owl Secure $29 Billion Deal for Meta's AI Data Center

Morgan Stanley orchestrated a high-stakes competition between top asset managers, resulting in Pimco and Blue Owl winning a $29 billion deal to fund Meta's massive AI data center in Louisiana.

2 Sources

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