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08 Aug 2025

Tesla Shuts Down Dojo Supercomputer Project, Shifts Focus to AI6 Chip

Tesla has disbanded its Dojo supercomputer team, ending its in-house chip development for AI training. The company will now rely more on external partners like Nvidia and AMD for computing power, while focusing on its AI5 and AI6 chip designs.

30 Sources

Pinterest's Q2 Results: AI-Driven Growth Amidst Profit Miss and Gen Z Surge

Pinterest reports strong revenue and user growth in Q2 2025, driven by AI-powered advertising tools and Gen Z engagement, despite missing profit estimates.

4 Sources

AI-Powered Casap Raises $25M to Revolutionize Payment Dispute Resolution

Casap, an AI-driven payment disputes platform, secures $25 million in funding to combat first-party fraud and modernize dispute resolution in financial services.

2 Sources

Decart Secures $100M Funding at $3.1B Valuation, Pushing Boundaries of Real-Time Creative AI

Decart, an AI startup specializing in real-time generative video technology, has raised $100 million in a Series B funding round, valuing the company at $3.1 billion. The company aims to revolutionize interactive AI experiences and become a trillion-dollar entity.

2 Sources

GPT-5 Unveiled: OpenAI's Latest AI Model Sparks Mixed Reactions

OpenAI releases GPT-5, the latest iteration of its AI language model, with improvements in coding, writing, and health domains. However, the update receives mixed reviews from experts and users.

44 Sources

Microsoft Integrates GPT-5 Across Its AI Platforms: A Major Leap in AI Capabilities

Microsoft announces the integration of OpenAI's GPT-5 model across its AI platforms, including Copilot, Microsoft 365, GitHub, and Azure AI Foundry, promising enhanced reasoning and performance.

9 Sources

Peloton Pivots to Holistic Wellness Strategy, Announces Layoffs and AI Integration

Peloton shifts focus from cardio fitness to comprehensive wellness, incorporating AI for personalized coaching while restructuring its workforce and business model.

4 Sources

D-Wave Quantum Reports Strong Q2 2025 Growth, Launches Advanced Quantum Computer Amid Financial Challenges

D-Wave Quantum, a pioneer in quantum computing, reported a 42% year-over-year revenue increase in Q2 2025, launched its advanced Advantage2 quantum computer, and significantly boosted its cash reserves. However, the company still faces profitability challenges.

2 Sources

Airbnb CEO Brian Chesky Outlines AI Strategy, Emphasizing Customer Service and Search Innovations

Airbnb CEO Brian Chesky discusses the company's AI strategy, focusing on customer service improvements and future search capabilities, while cautioning against viewing AI agents as immediate replacements for traditional search engines.

2 Sources

Vistra Boosts 2026 Profit Outlook and Plans Nuclear Expansion to Meet AI-Driven Power Demand

Vistra, a Texas-based utility company, has raised its 2026 profit outlook and announced plans to expand its nuclear capacity by 2030. This strategic move is in response to the anticipated surge in U.S. electricity demand, particularly from data centers and AI-related industrial growth.

2 Sources

eToro Unveils Suite of AI Tools to Revolutionize Social Investing

eToro launches AI-powered tools for social investing, including an AI companion and Alpha Portfolios, aiming to democratize advanced trading capabilities for retail investors.

2 Sources

Ontario Takes Aim at HR Ghosting: New Law to Reshape Hiring Practices

Ontario, Canada, is set to implement a groundbreaking law in 2026 that will require companies to respond to job applicants within 45 days of an interview, effectively banning 'HR ghosting' and addressing concerns about 'ghost jobs' and AI use in hiring.

3 Sources

Coral Protocol Outperforms Microsoft-Backed Rival by 34% on GAIA AI Benchmark

Coral Protocol's multi-agent AI system achieves a significant performance lead over Microsoft-backed Magnetic-UI on the GAIA Benchmark, challenging the trend of scaling through larger AI models.

2 Sources

Amazon Web Services Inks $1 Billion Deal with US Government for Cloud Services

Amazon Web Services (AWS) has agreed to provide up to $1 billion in discounts to US federal agencies for cloud adoption, modernization, and training through 2028, as part of the government's OneGov purchasing strategy.

8 Sources

Better Home & Finance Reports 38% Revenue Growth in Q2, Targets AI-Driven Profitability

Better Home & Finance, a digital mortgage platform, reports strong Q2 2025 results with 38% revenue growth year-over-year, despite missing analyst expectations. The company aims for adjusted EBITDA breakeven by Q3 2026, driven by AI platform expansion.

2 Sources

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