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Google Expands AI-Powered Virtual Try-On to Shoes, Enhancing Online Shopping Experience

Google has expanded its AI-powered virtual try-on feature to include shoes, allowing users to visualize footwear on themselves using uploaded photos. The service is rolling out in the US and will soon be available in other countries.

4 Sources

Square Revolutionizes Merchant Services with AI and Bitcoin Integration

Square introduces AI-powered voice ordering, enhanced AI assistants, and integrated Bitcoin solutions for merchants, aiming to streamline operations and future-proof businesses in the evolving digital economy.

2 Sources

Cisco Challenges Broadcom with New Chip for AI Data Center Connectivity

Cisco Systems introduces the Silicon One P200 chip and 8223 routing system, designed to connect AI data centers across vast distances. This move positions Cisco to compete with Broadcom in the growing market for AI infrastructure.

4 Sources

Nvidia CEO Jensen Huang Reports Surge in AI Computing Demand

Nvidia CEO Jensen Huang announces a substantial increase in AI computing demand over the past six months, driven by advancements in AI models. This surge is fueling massive infrastructure investments and raising concerns about potential market bubbles.

3 Sources

Bank of England Warns of Potential AI Bubble Burst and Market Correction

The Bank of England has issued a stark warning about the risk of a sharp market correction, particularly in AI-focused tech stocks. The central bank cautions that equity market valuations appear stretched and could lead to significant economic repercussions if the AI bubble bursts.

5 Sources

Hollywood and Bollywood Unite to Protect Content from AI in India

Major film industry groups are lobbying an Indian government panel for stricter copyright protection against AI firms using their intellectual property without permission. The move highlights growing concerns over AI's impact on creative industries.

3 Sources

SoftBank's $5.4 Billion Robotics Acquisition: A Bold Move into 'Physical AI'

SoftBank Group acquires ABB's robotics division for $5.4 billion, signaling a major push into AI-powered robotics. The deal aligns with CEO Masayoshi Son's vision of dominating the AI industry and developing super intelligent AI.

12 Sources

AI Giants Face Insurance Hurdles Amid Mounting Legal Challenges

OpenAI and Anthropic grapple with insufficient insurance coverage for potential multibillion-dollar lawsuits. The companies are exploring alternative risk management strategies, including self-insurance and investor funds, as traditional insurers hesitate to provide comprehensive coverage for AI-related risks.

4 Sources

RBI Deputy Governor Calls for Responsible AI Integration in Finance

T. Rabi Sankar, Deputy Governor of RBI, emphasizes the need for strong oversight and safety measures in AI implementation within the financial sector, highlighting both the potential benefits and risks associated with this powerful technology.

2 Sources

20-Year-Old Indian Founder Raises $2.6M for AI Memory Startup Supermemory

Dhravya Shah, a young Indian developer, secures significant funding for Supermemory, a startup developing a universal memory layer for AI applications. The technology aims to enhance AI systems' ability to retain and recall context across various data sources and sessions.

2 Sources

Google Expands Affordable Gemini AI Plus Plan to 77 Countries

Google has significantly expanded the availability of its more affordable Gemini AI Plus plan, now reaching 77 countries. This move aims to bring advanced AI features to price-sensitive markets at a lower cost than the AI Pro plan.

2 Sources

Elon Musk's xAI Secures $20 Billion in Innovative Financing Deal with Nvidia

Elon Musk's AI startup xAI is raising $20 billion through a unique financing structure involving Nvidia and other investors. The deal includes both equity and debt, with a special focus on acquiring Nvidia GPUs for xAI's ambitious AI projects.

10 Sources

Anthropic Expands to India: Plans Bengaluru Office, Eyes Partnerships, and Boosts AI Language Capabilities

AI startup Anthropic announces plans to open its first India office in Bengaluru by 2026, signaling a major expansion into its second-largest market. The move comes as CEO Dario Amodei visits India to meet with officials and potential partners, including Reliance Industries.

6 Sources

Caira: The AI-Native Camera Revolutionizing Real-Time Photo Editing

Camera Intelligence unveils Caira, an AI-powered Micro Four Thirds camera with Google's 'Nano Banana' generative AI, enabling instant photo transformations. The device combines high-quality optics with advanced AI editing capabilities, aiming to reshape content creation workflows.

2 Sources

Yesterday

Google Unveils Gemini 2.5 Computer Use: AI That Navigates the Web Like a Human

Google's DeepMind has released a specialized AI model capable of interacting with graphical user interfaces, potentially revolutionizing how AI agents perform web-based tasks. This new model outperforms competitors in various benchmarks.

10 Sources

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