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16 Aug 2025

Meta Restructures AI Division and Pauses Hiring Amid Intense AI Race

Meta has restructured its AI division into four groups and implemented a hiring freeze, signaling a shift in strategy after an aggressive talent acquisition phase. This move comes as the company faces mounting costs and investor concerns over its AI investments.

34 Sources

ChatGPT's Mobile App Dominates AI Market with $2B Revenue, Outperforming Rivals

ChatGPT's mobile app has generated $2 billion in consumer spending since its launch, significantly outperforming competitors like Claude, Copilot, and Grok. The app's revenue has increased sixfold since 2024, showcasing its dominance in the AI chatbot market.

3 Sources

Sam Altman Warns of AI Bubble While OpenAI Seeks $500B Valuation

OpenAI CEO Sam Altman acknowledges an AI investment bubble while simultaneously pursuing a $500 billion valuation for his company, highlighting the complex dynamics of the current AI market.

40 Sources

Trump's Proposed 300% Chip Tariff Shakes Tech Industry, Raises Concerns for AI Sector

Former U.S. President Donald Trump announces plans for steep tariffs on imported semiconductors, potentially reaching up to 300%, causing uncertainty in the tech industry and raising concerns for AI companies reliant on chip imports.

3 Sources

AMD's Radeon AI Pro R9700 Hits Retail Market, Challenging NVIDIA in AI GPU Space

AMD's Radeon AI Pro R9700, a professional GPU designed for AI workloads, has made its debut in the retail market. With 32GB of VRAM and competitive pricing, it aims to challenge NVIDIA's dominance in the AI GPU sector.

2 Sources

AI Revolutionizes Apartment Market: From Leasing to Property Management

Artificial Intelligence is transforming the rental industry, automating tasks from work orders to lease renewals. While still in its early stages, AI promises to streamline operations for landlords and improve experiences for tenants.

2 Sources

Evolv Technologies Reports Strong Q2 2025 Results, Driven by AI-Powered Security Solutions

Evolv Technologies, a leader in AI-based security screening, reports impressive Q2 2025 results with revenue growth and improved profitability, showcasing the increasing adoption of its AI-powered security systems across various sectors.

2 Sources

Trump's Controversial AI Chip Deal with Nvidia and AMD Reshapes US-China Tech Relations

The Trump administration strikes an unprecedented deal allowing Nvidia and AMD to sell AI chips to China in exchange for revenue sharing, sparking debates on legality and global trade implications.

6 Sources

Open-Source AI Models: Hidden Costs Revealed in Efficiency Study

A new study finds that open-source AI models consume significantly more computing resources than closed-source alternatives, potentially offsetting their initial cost advantages.

3 Sources

15 Aug 2025

Galaxy Digital Secures $1.4B Loan to Accelerate AI Datacenter Development

Galaxy Digital, a crypto-native firm, has secured a $1.4 billion loan to fast-track the development of its Helios AI datacenter in Texas, partnering with CoreWeave to deliver AI computing power.

2 Sources

Soft Skills in the Age of AI: Reshaping Education for the Future Workforce

As AI reshapes the job market, educators and policymakers are reevaluating the skills students need. The focus is shifting towards soft skills like emotional intelligence and complex problem-solving, which AI struggles to replicate.

4 Sources

Cognition AI Secures $500M Funding, Valuation Soars to $9.8B Amid AI Coding Assistant Boom

Cognition AI, a startup specializing in AI-powered coding assistants, has reportedly raised $500 million in a Series C funding round, doubling its valuation to $9.8 billion. This comes shortly after its acquisition of Windsurf, signaling rapid growth in the AI coding sector.

3 Sources

Eli Lilly Signs $1.3 Billion AI-Driven Deal with Superluminal for Obesity Drug Discovery

Eli Lilly partners with Superluminal Medicines in a $1.3 billion deal to leverage AI for developing small-molecule drugs targeting obesity and cardiometabolic diseases, focusing on G-protein-coupled receptors (GPCRs).

4 Sources

OpenAI Considers Ads for ChatGPT: Balancing Revenue and User Experience

OpenAI's head of ChatGPT, Nick Turley, discusses the possibility of introducing ads to the AI chatbot, emphasizing the need for thoughtful implementation while preserving the platform's core value.

3 Sources

European AI Adopter Stocks Plummet as Powerful New AI Models Raise Concerns

European companies investing in AI face a stock market rout as new AI models challenge their business models, prompting investors to reassess the sector's future.

2 Sources

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