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02 Dec 2025

Google emerges from AI laggard status to lead the race against OpenAI and Nvidia

Once dismissed as an AI laggard, Google has surged ahead in the artificial intelligence competition. The stock market signals a dramatic shift as Alphabet shares rally 66% this year following Gemini 3's release, while OpenAI proxies Nvidia and Microsoft underperform. Google's custom chips now threaten to disrupt the semiconductor landscape.

2 Sources

Nvidia admits $100 billion OpenAI deal remains unsigned, stoking AI bubble concerns

Two months after unveiling what CEO Jensen Huang called 'the biggest AI infrastructure project in history,' Nvidia CFO Colette Kress confirms the $100 billion OpenAI partnership is still just a letter of intent. The admission raises questions about forecasting demand and highlights investor concerns about circular deals in the AI ecosystem.

5 Sources

Raspberry Pi raises prices up to $25 as AI industry demand strains memory supply

Raspberry Pi has implemented immediate price increases of $5 to $25 across its single-board computer lineup, citing unprecedented pressure on memory costs driven by AI infrastructure demands. The Raspberry Pi 4 and 5 modules face significant hikes, with 16GB Compute Module 5 variants now starting at $140. CEO Eben Upton attributes the changes to competition from AI data centers but promises to reverse increases once market conditions stabilize.

3 Sources

Nine people at Anthropic are tasked with preventing AI from causing harm as company soars to $183B

Anthropic's societal impacts team of just nine employees works to uncover AI's potential negative societal implications while the company experiences hypergrowth. Led by Deep Ganguli, the team publishes research on everything from economic impact to election-related risks, helping establish Anthropic as the trusted AI company for business even as it navigates conflicts with tech leaders and policymakers.

2 Sources

Gradium Emerges from Stealth with $70M to Revolutionize Voice AI with Ultra-Low Latency Models

Paris-based AI voice startup Gradium launches with $70 million seed funding to develop audio language models that deliver ultra-realistic voice interactions with dramatically reduced latency. The company aims to make voice the primary interface between humans and machines.

3 Sources

Amazon's Rufus AI Chatbot Drives 100% Surge in Black Friday Purchases

Amazon's AI shopping assistant Rufus significantly boosted Black Friday sales, with sessions resulting in purchases increasing 100% compared to non-AI sessions. The data reveals growing consumer adoption of AI for holiday shopping across the retail sector.

3 Sources

Marvell acquires Celestial AI for up to $5.5 billion to dominate optical AI infrastructure

Marvell Technology announced a $3.25 billion acquisition of Celestial AI, potentially reaching $5.5 billion with revenue milestones. The deal aims to strengthen Marvell's position in AI infrastructure by integrating Celestial's photonic fabric technology for optical interconnects. The semiconductor stock surged 9% following the announcement and strong Q3 earnings that beat expectations.

13 Sources

Tata Communications Acquires 51% Stake in Commotion to Accelerate AI-First Transformation

Tata Communications has acquired a majority stake in AI-native enterprise SaaS company Commotion Inc. to enhance its Digital Fabric offerings and accelerate its transformation into an AI-first organization through advanced customer interaction automation.

2 Sources

Meesho Leverages AI Voice Agents and Vernacular Technology to Drive Growth Ahead of $5.6 Billion IPO

Indian e-commerce firm Meesho is expanding its AI capabilities with vernacular voice agents and personalized shopping experiences as it prepares for a major IPO. The company is targeting rural and small-town users with multilingual AI solutions while exploring new business lines including financial services.

2 Sources

Elon Musk Claims AI and Robotics Are Only Solution to America's $38 Trillion Debt Crisis

Tesla CEO Elon Musk argues that widespread deployment of AI and robotics is the only viable solution to America's mounting $38 trillion national debt, predicting these technologies will drive productivity gains and cause significant deflation within three years.

2 Sources

01 Dec 2025

Australia Unveils National AI Plan: Light-Touch Regulation and Data Centre Investment Focus

The Albanese government releases Australia's National AI Plan, prioritizing economic opportunities over strict regulation while committing $30 million to establish an AI Safety Institute. The plan focuses on attracting data centre investment and managing AI's growing energy demands.

6 Sources

Accenture and OpenAI Form Strategic Partnership to Deploy ChatGPT Enterprise Across Global Workforce

Accenture announces major partnership with OpenAI to roll out ChatGPT Enterprise to tens of thousands of employees and launch flagship AI program for enterprise clients. The collaboration aims to accelerate AI adoption across industries including financial services, healthcare, and retail.

7 Sources

OpenAI Takes Strategic Stake in Thrive Holdings in Latest Circular Investment Deal

OpenAI has acquired an ownership stake in Thrive Holdings, a private equity firm owned by one of its major investors, Thrive Capital. The deal involves embedding OpenAI teams within Thrive's portfolio companies to accelerate AI adoption in accounting and IT services sectors.

12 Sources

SoftBank's Son says he 'was crying' over $5.8B Nvidia stake sale to fund AI investments

SoftBank CEO Masayoshi Son revealed he was emotional about selling the company's entire Nvidia stake for $5.83 billion. The Japanese tech giant needed capital to bankroll major AI investments including OpenAI, data center construction, and chip design projects. Son dismissed concerns about an AI investment bubble, predicting super artificial intelligence will generate at least 10% of global GDP.

8 Sources

HSBC Partners with Mistral AI in Multi-Year Deal to Scale Generative AI Across Global Banking Operations

Global banking giant HSBC has signed a strategic multi-year partnership with French AI startup Mistral AI to deploy generative AI tools across its operations. The collaboration aims to automate workflows, enhance productivity, and improve client services through self-hosted AI models.

3 Sources

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