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05 Nov 2025

Snap and Perplexity Strike $400 Million AI Search Partnership Deal

Snap announces a major $400 million partnership with AI search startup Perplexity to integrate AI-powered search directly into Snapchat, giving Perplexity access to over 940 million users while opening new revenue streams for Snap.

20 Sources

SoftBank and OpenAI Launch Joint Venture in Japan Amid Growing AI Investment Concerns

SoftBank and OpenAI have established a 50-50 joint venture in Japan to localize enterprise AI solutions, with SoftBank becoming the first customer. The move comes as analysts raise concerns about circular AI investments and inflated valuations.

2 Sources

Three 'Grey Swan' Risks That Could Derail the AI Revolution

Analysis of foreseeable but underestimated risks that could disrupt the AI industry, including security threats, legal challenges, and innovation shocks that could halt AI progress despite their predictable nature.

2 Sources

Arista Networks Stock Plunges Despite Strong Q3 Results as AI Infrastructure Growth Shows Signs of Deceleration

Arista Networks reported strong Q3 earnings that beat expectations but saw its stock drop 13% after-hours due to disappointing guidance suggesting sequential growth will slow to less than 1% in Q4, raising concerns about the sustainability of AI infrastructure demand.

2 Sources

Paytm Partners with Groq to Power AI-Driven Financial Services Revolution

India's payments giant Paytm has announced a strategic partnership with US-based AI hardware company Groq to enhance its AI capabilities across transaction processing, fraud detection, and customer engagement. The collaboration positions AI as a key revenue driver for Paytm's future growth strategy.

4 Sources

TCS and ABB Extend 18-Year Partnership with AI-Driven IT Operations Transformation

Tata Consultancy Services expands its long-standing partnership with ABB to implement AI-powered IT infrastructure modernization. The collaboration focuses on ABB's Future Hosting Model and Zero Ops framework to enhance operational efficiency and digital transformation.

2 Sources

Xpeng Unveils Ambitious AI Ecosystem: Robotaxis, Humanoid Robots, and Flying Cars Powered by Revolutionary VLA 2.0 Model

Chinese EV maker Xpeng showcased its transformation into a 'Physical AI' company at AI Day 2025, announcing robotaxis launching in 2026, advanced humanoid robots, flying cars nearing production, and a groundbreaking VLA 2.0 AI model that processes visual data directly into actions.

5 Sources

Shopify Doubles Down on AI Commerce Revolution with 7x Traffic Surge

Shopify reports dramatic AI-driven growth with 7x increase in AI traffic and 11x rise in AI-powered purchases since January, positioning itself as a leader in 'agentic commerce' through partnerships with OpenAI, Perplexity, and Microsoft.

2 Sources

Nvidia CEO Jensen Huang Meets UK Technology Secretary to Discuss AI Investment Strategy

Nvidia's CEO Jensen Huang is meeting with UK Technology Secretary Liz Kendall to discuss AI growth zones and investment opportunities as the UK positions itself as an AI superpower, building on the company's previous £2bn commitment.

2 Sources

NVIDIA and Qualcomm Join $2 Billion India Deep Tech Alliance to Accelerate AI Startup Ecosystem

NVIDIA and Qualcomm have joined the India Deep Tech Alliance, a coalition of investors committing over $2 billion to support India's emerging deep tech startups. The alliance aims to bridge the funding gap for infrastructure-scale ventures in AI, semiconductors, space tech, and other advanced technologies.

5 Sources

IBM Cuts Thousands of Jobs While AI Business Surges to $9.5 Billion

IBM announces layoffs affecting a low single-digit percentage of its 270,000 global workforce as the company shifts focus to high-growth AI consulting and software services. The cuts come despite strong Q3 results showing AI bookings reaching $9.5 billion.

6 Sources

04 Nov 2025

AMD Reports Record Q3 Revenue of $9.25 Billion Driven by AI Chip Demand, But Faces Growing Competition

AMD achieved record quarterly revenue of $9.25 billion in Q3 2025, driven by strong performance in both client processors and AI data center chips. Despite the success, the company faces mounting challenges from Nvidia-Intel partnership and margin concerns.

18 Sources

Rivian Spins Off Mind Robotics with $115M to Bring Industrial AI to Manufacturing

Electric vehicle maker Rivian has created its second spinoff company this year, Mind Robotics, focused on industrial AI and robotics applications. The new venture secured $115 million in seed funding led by Eclipse Ventures to develop AI-powered solutions for manufacturing operations.

5 Sources

Amazon vs. Perplexity: The Battle Over AI Shopping Agents Heats Up

Amazon has sent a cease-and-desist letter to Perplexity demanding it stop its Comet AI browser from making purchases on Amazon's platform, sparking a heated debate about the future of AI-powered shopping and agent identification requirements.

29 Sources

Michael Burry Bets $1 Billion Against AI Bubble as Market Faces Reality Check

The investor famous for predicting the 2008 housing crash has placed massive bets against AI giants Nvidia and Palantir, warning of an AI bubble similar to the dot-com crash. His positions have sparked heated responses from tech CEOs and renewed scrutiny over AI valuations.

8 Sources

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