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07 Aug 2025

Infosys Launches Advanced AI, Cybersecurity, and Space Tech Centre in Hubballi, Karnataka

Infosys has inaugurated a new Center for Advanced AI, Cybersecurity, and Space Technology at its Hubballi Development Center in Karnataka, expanding its 'Living Labs' network and boosting innovation in North Karnataka.

2 Sources

Former Intel Board Members Call for 'Operation Warp Speed II' to Save US Chip Manufacturing

Four ex-Intel board members urge the creation of a public-private partnership to preserve America's advanced chip manufacturing capabilities, warning of increasing dependence on foreign firms.

2 Sources

Trump's Proposed 100% Tariff on Foreign-Made Semiconductors: Implications and Uncertainties

President Trump announces plans for a 100% tariff on foreign-made semiconductors, with exemptions for companies manufacturing in the US, sparking confusion and concern among businesses and trading partners.

14 Sources

Paycom Raises 2025 Forecasts as AI Integration Boosts Demand for HR Software

Paycom Software, a leading payroll processor, has increased its 2025 revenue and profit forecasts due to growing demand driven by AI-enhanced features in its employee management services.

2 Sources

Upwork's Q2 Earnings Surge: AI Integration Boosts Performance and Signals Future Growth

Upwork reports strong Q2 2025 earnings, with revenue and EPS beating estimates. The company's focus on AI integration and enterprise solutions drives performance, despite a decline in active clients.

3 Sources

Truth Social Launches AI-Powered Search Engine, Raising Concerns Over Bias and Content Sourcing

Truth Social, Donald Trump's social media platform, introduces an AI-powered search engine called Truth Search AI, developed in partnership with Perplexity. The new feature sparks discussions about potential bias in information sourcing and the broader implications for AI in political platforms.

12 Sources

Samsung and SK Hynix Exempt from US 100% Chip Tariffs, South Korea Confirms

South Korea announces that Samsung and SK Hynix will not be subject to the proposed 100% US tariffs on semiconductors, due to their significant investments in US-based manufacturing facilities.

6 Sources

Duolingo's AI-First Approach Drives Unprecedented Growth Despite Initial Backlash

Duolingo's shift to an AI-first strategy has led to significant financial gains and user growth, despite initial public backlash. The language learning app's embrace of AI has resulted in expanded course offerings, improved features, and better-than-expected financial performance.

11 Sources

TSS Reports Massive Revenue Growth Driven by AI Infrastructure Demand

TSS, Inc., a data center services company, reports a 262% increase in Q2 2025 revenue, driven by strong demand for AI-related infrastructure and services. The company raises its 2025 outlook and highlights its new Georgetown facility's capabilities in advanced AI technologies.

2 Sources

Extreme Networks Reports Strong Q4 FY2025 Results, Driven by AI-Powered Solutions and Cloud Services

Extreme Networks, a provider of cloud-managed networking solutions, posted impressive Q4 FY2025 results with revenue jumping 19.6% year-over-year. The company's focus on AI-embedded solutions and cloud services is paying off, with its SaaS business showing significant growth.

2 Sources

China's AI Ambitions on Display: Beijing Opens Pioneering Robot Store

Beijing launches a unique robot store, showcasing over 100 robots from 40+ Chinese brands, as part of China's push to lead in AI and robotics technology.

4 Sources

IREN Outperforms MARA in July Bitcoin Mining, Expands into AI Cloud Services

IREN Ltd reports strong July performance, mining more Bitcoin than industry leader MARA Holdings, while also expanding its AI cloud business with NVIDIA GPUs.

2 Sources

Google Commits $1 Billion to AI Education and Training in US Universities

Google announces a three-year, $1 billion initiative to provide AI training and tools to US higher education institutions and nonprofits, aiming to prepare students for an AI-driven future.

8 Sources

Teradata's Q2 2025 Results: Cloud ARR Growth Amidst Legacy Declines

Teradata reports mixed Q2 2025 results with 17% growth in cloud ARR, but overall revenue decline. The company maintains its focus on cloud transition and AI capabilities.

2 Sources

Apple Pledges $100 Billion for US Manufacturing, Balancing AI Investments and Political Pressure

Apple announces a $100 billion increase in US manufacturing investments, bringing its total commitment to $600 billion over four years. The move aims to boost domestic production and AI development while navigating political pressures.

14 Sources

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