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04 Sept 2025

Eudia: The AI-Powered Legal Startup Challenging Traditional Law Firms

Eudia, a legal AI startup, launches an "AI-augmented" law firm in Arizona, aiming to revolutionize corporate legal services and challenge the billable hour model.

2 Sources

Cato Networks Acquires Aim Security and Raises $50M to Bolster AI-Driven Cybersecurity

Israeli cybersecurity firm Cato Networks acquires AI security startup Aim Security and raises an additional $50 million, highlighting the growing importance of AI in enterprise security.

4 Sources

ID.me Secures $340 Million in Funding, Reaching $2 Billion Valuation to Combat AI-Driven Fraud

ID.me, a digital identity wallet provider, has raised $340 million in a Series E funding round, valuing the company at over $2 billion. The funding will be used to expand secure digital access and combat the growing threat of AI-driven fraud.

3 Sources

SoFi Launches AI-Themed ETF Amid Growing Market Skepticism

SoFi Technologies introduces a new AI-focused ETF, the SoFi Agentic AI ETF, targeting next-generation AI companies amidst increasing market scrutiny of AI valuations and potential.

2 Sources

PayPal and Venmo Offer Free Access to Perplexity's Comet AI Browser and Pro Subscription

PayPal and Venmo users can now get early access to Perplexity's new AI-powered Comet browser and a free year of Perplexity Pro subscription, worth $200 annually. This partnership aims to boost adoption of AI-powered browsing and search tools.

13 Sources

Shein Faces Backlash Over AI-Generated Image of Alleged Murderer Luigi Mangione Modeling Shirt

Fast-fashion retailer Shein has come under fire for using an AI-generated image of Luigi Mangione, accused of murdering a healthcare CEO, to model a shirt on their website. The incident highlights growing concerns about AI in advertising and e-commerce.

10 Sources

Google Antitrust Ruling: A Windfall for Apple's AI Strategy and Revenue

A federal judge's ruling in Google's antitrust case allows Apple to continue receiving billions in search revenue while opening doors for new AI partnerships, potentially reshaping Apple's AI strategy and boosting its Services division.

5 Sources

AI Agents Poised to Become Top Stablecoin Users, Driving Explosive Growth in Transactions

Galaxy Digital CEO Mike Novogratz predicts AI agents will soon dominate stablecoin usage, potentially revolutionizing everyday transactions and driving significant growth in the stablecoin market.

2 Sources

Grok 5: Elon Musk's Bold Vision for AI's Future or Another Overhyped Promise?

Elon Musk unveils Grok 5, positioning it as a revolutionary step towards AGI with ambitious claims about its capabilities in robotics, multimodal processing, and scientific breakthroughs. The tech world debates whether it's a game-changer or just another overhyped AI project.

2 Sources

ShinyHunters: The Cyber Crime Group Behind Google's Recent Security Alert

ShinyHunters, a notorious cyber crime group, has gained global attention after a data breach via Salesforce prompted Google to urge 2.5 billion users to enhance their security measures. This article explores the group's tactics, recent activities, and ways to protect against their attacks.

2 Sources

03 Sept 2025

HappyRobot Secures $44 Million to Expand AI-Powered Supply Chain Automation

HappyRobot, an AI startup specializing in supply chain automation, has raised $44 million in a Series B funding round, bringing its total funding to $62 million. The company's AI agents automate critical communication tasks for freight operators, aiming to revolutionize supply chain management.

6 Sources

Australia's Central Bank Explores AI's Economic Impact, Boosts Own AI Capabilities

Reserve Bank of Australia Governor Michele Bullock discusses the potential effects of AI on the economy, labor market, and the central bank's own AI initiatives.

3 Sources

Sierra, AI Agent Startup Led by Ex-Salesforce Co-CEO, Raises $350M at $10B Valuation

Sierra, an AI agent startup founded by former Salesforce co-CEO Bret Taylor, has secured $350 million in funding, reaching a $10 billion valuation. The company specializes in building AI agents for enterprise customer service.

7 Sources

U.S. Revokes TSMC's China Chip Tool Shipment Authorization, Tightening Tech Export Controls

The U.S. government has revoked TSMC's authorization to ship chipmaking tools to China without a license, following similar actions against Samsung and SK Hynix. This move aims to limit China's access to advanced semiconductor technology and tighten control over the global chip supply chain.

2 Sources

Google Avoids Breakup in Antitrust Case as AI Emerges as Potential Competitor

A federal judge rules against breaking up Google in an antitrust case, citing the rise of AI as a potential threat to Google's search dominance. The decision requires Google to share certain data with competitors but allows it to keep its Chrome browser and continue some exclusive contracts.

14 Sources

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