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30 Oct 2025
Nvidia is reportedly planning to invest up to $1 billion in Poolside, an AI software development platform, as part of a $2 billion funding round that would value the startup at $12 billion. This marks Nvidia's second investment in the company and reflects its strategy of backing AI startups that drive demand for its GPUs.
5 Sources
Apple is reportedly finalizing a $1 billion annual agreement with Google to use a custom version of Gemini AI for its overhauled Siri assistant. The partnership represents a significant shift in Apple's AI strategy as it seeks to catch up in the artificial intelligence race.
56 Sources
Core Scientific shareholders voted down CoreWeave's $9 billion acquisition offer, signaling potential AI bubble concerns as investors bet on higher valuations. CoreWeave pivots to acquire Python notebook company Marimo instead.
Canva launches its new Creative Operating System featuring a proprietary design-focused AI model that generates editable layered images, while making its acquired Affinity professional design suite permanently free to compete with Adobe's subscription model.
16 Sources
Pinterest introduces its new AI-powered shopping assistant that provides personalized recommendations through voice interactions, while CEO Bill Ready highlights the company's strategic shift toward open source AI models to achieve significant cost reductions.
6 Sources
Meta issues $30 billion in bonds to fund AI infrastructure as investors grow concerned about the company's aggressive spending with unclear returns. The move reflects broader industry trends of debt-financed AI buildouts.
19 Sources
OpenAI's Atlas and Perplexity's Comet browsers can circumvent publisher paywalls and avoid content from companies suing OpenAI, creating new challenges for digital media monetization and copyright protection.
9 Sources
Google and Magic Leap showcased their first Android XR smart glasses prototype at the Future Investment Initiative, combining Magic Leap's waveguide technology with Google's Raxium microLED displays. The companies extended their partnership for three years to accelerate AR glasses development.
C.H. Robinson's stock hit record highs after beating quarterly earnings through AI-driven operational efficiencies. The company raised its 2026 operating income target by $50M while reducing headcount and operating expenses.
2 Sources
Figma has acquired Israeli AI startup Weavy for over $200 million, rebranding it as Figma Weave. The acquisition brings advanced AI-powered image and video generation capabilities to Figma's design ecosystem, allowing users to combine multiple AI models in a single workflow.
Google has partnered with Mukesh Ambani's Reliance Industries to provide free access to its AI Pro subscription, including Gemini 2.5 Pro, to over 500 million Jio users in India for 18 months. This strategic move reflects the intensifying competition among AI giants to capture India's massive market and train their models on diverse data.
Adani Airport Holdings Limited has announced a strategic partnership with AionOS to implement a multilingual, omni-channel AI solution that will serve as a 24/7 intelligent concierge for passengers across all Adani airports in India.
Universal Music Group has settled its copyright infringement lawsuit against AI music generator Udio and announced a partnership to launch a new AI-powered music platform in 2025. The deal marks the first major settlement between a record label and AI music company, potentially reshaping how AI-generated music is created and distributed.
Tesla will showcase its autonomous Cybercab robotaxi at the China International Import Expo in Shanghai from November 5-10, marking its first appearance in the Asia-Pacific region. The debut comes as Chinese competitors have been conducting robotaxi trials for years.
Microsoft reported strong quarterly results with $77.7 billion in revenue and 40% Azure growth, but shares fell 3% as the company revealed record $35 billion AI infrastructure spending and plans to double data center capacity within two years.
14 Sources
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