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11 Nov 2025

Intel's AI Chief Defects to OpenAI After Just Seven Months, CEO Takes Direct Control

Intel's CTO and AI Officer Sachin Katti has left for OpenAI after only seven months in his role, marking another high-profile departure from the struggling chipmaker. CEO Lip-Bu Tan will now personally oversee Intel's AI efforts as the company battles to remain relevant in the AI boom.

14 Sources

CoreWeave Stock Plunges Despite Record Backlog as Data Center Delays Dampen AI Infrastructure Growth

AI infrastructure provider CoreWeave faces investor pressure after lowering 2025 revenue guidance due to data center construction delays, despite reporting a massive $55.6 billion revenue backlog and strong Q3 results.

11 Sources

6Sense Founder Amanda Kahlow Raises $30M for AI Sales Agent Startup 1Mind

Amanda Kahlow, former CEO of 6Sense, has raised $30 million for her new startup 1Mind, which creates AI-powered sales agents that handle inbound sales conversations and can close deals without human intervention.

2 Sources

Lovable Surges to Nearly 8 Million Users as AI Coding Platform Targets Non-Technical Market

Stockholm-based AI coding startup Lovable approaches 8 million users, up from 2.3 million in July, with 100,000 new products built daily. The company focuses on empowering non-technical users rather than developers, following a $200 million funding round at $1.8 billion valuation.

3 Sources

10 Nov 2025

C3 AI Explores Potential Sale Following Founder's Health-Related CEO Departure

Enterprise AI software provider C3 AI is reportedly exploring a potential sale after founder Thomas Siebel stepped down as CEO due to health concerns. The company's stock surged 6% on the news despite facing challenging financial performance.

2 Sources

Wikipedia Asks AI Companies to Pay for Content Access as Bot Traffic Surges

The Wikimedia Foundation is urging AI companies to stop scraping Wikipedia and instead use its paid Enterprise API, as bot traffic has surged while human visits declined 8% year-over-year.

6 Sources

Cadence Acquires Seattle AI Startup ChipStack to Accelerate Chip Design Automation

Semiconductor software giant Cadence Design Systems has acquired ChipStack, a Seattle-based AI startup that developed automated chip verification tools. The acquisition brings ChipStack's 20-person team and AI-powered agents to strengthen Cadence's verification capabilities.

2 Sources

Former Google and Meta Executives Launch Majestic Labs with $100M to Revolutionize AI Server Architecture

Three former Google and Meta silicon executives have raised $100 million for Majestic Labs, a startup developing high-capacity AI servers with 1,000 times more memory than conventional enterprise servers. The company aims to reduce data center costs by replacing up to 10 server racks with a single unit.

3 Sources

AI Presentation Startup Gamma Reaches $2.1B Valuation with Profitable $100M Revenue Run Rate

Gamma, an AI-powered presentation and content creation platform, secured $68 million in Series B funding at a $2.1 billion valuation, demonstrating exceptional efficiency with just 52 employees and profitable operations since 2023.

2 Sources

Time Magazine Launches AI Agent to Transform Reader Engagement with Journalism

Time magazine has introduced a new AI agent built in partnership with Scale AI, allowing users to query and interact with the publication's extensive archive of 750,000 assets. The tool supports 13 languages and represents Time's biggest AI investment yet.

2 Sources

Movano Stock Surges 308% on AI Infrastructure Merger with Corvex

Movano Inc. announces a transformative all-stock merger with AI cloud computing company Corvex Inc., pivoting from medical devices to AI infrastructure. The deal values Movano at $6.25 per share and includes $40 million in concurrent financing.

2 Sources

Microsoft Turns to Influencer Marketing to Boost Copilot Against ChatGPT and Gemini

Microsoft partners with social media influencers like Alix Earle to promote its Copilot AI assistant to younger consumers, as it trails behind ChatGPT and Google Gemini in user adoption. The strategy aims to leverage influencer credibility to close the gap in the competitive AI chatbot market.

2 Sources

Legal AI Giant Clio Reaches $5 Billion Valuation with Strategic vLex Acquisition

Canadian legal AI company Clio raises $500 million in Series G funding, reaching a $5 billion valuation while completing a $1 billion acquisition of Spanish legal research platform vLex, marking the largest M&A transaction in legal technology history.

4 Sources

EU Considers Major Rollback of GDPR and AI Regulations Amid Competitiveness Concerns

The European Commission is proposing significant changes to landmark privacy and AI legislation, including weakening GDPR protections and delaying AI Act implementation, sparking fierce criticism from privacy advocates who warn of undermining fundamental digital rights.

10 Sources

Scribe Raises $75M at $1.3B Valuation to Show Enterprises Where AI Automation Actually Pays Off

Workflow documentation startup Scribe secures Series C funding to launch Scribe Optimize, a platform that maps enterprise workflows to identify where AI and automation will generate real returns rather than becoming sunk costs.

4 Sources

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