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14 May 2025

The 'Magnificent 7' Tech Giants Lead Market Rally Amid AI Boom and Trade Tensions Easing

The stock market experiences a significant rally led by the 'Magnificent 7' tech companies, fueled by easing trade tensions, AI sector investments, and potential Fed rate cuts. This comes alongside major AI-related announcements and investments in the Middle East.

2 Sources

ContraVault AI Secures ₹5.1 Crore Seed Funding to Revolutionize Tender Management with AI

ContraVault AI, an AI-powered platform for tender and RFP management, has raised ₹5.1 crores in seed funding led by Titan Capital. The startup aims to transform traditional workflows in tender management using advanced AI.

2 Sources

Google Photos to Introduce AI-Powered 'Remix' Feature for Artistic Photo Transformations

Google is developing a new AI feature called 'Remix' for Google Photos, allowing users to transform their images into various artistic styles using generative AI technology.

2 Sources

Google Cloud and Philips Collaborate to Revolutionize Digital Asset Management with AI

Google Cloud partners with Philips to transform digital asset management using AI, streamlining marketing processes and enhancing brand consistency.

2 Sources

MediaTek Unveils Dimensity 9400e: Bringing Flagship Performance to Mid-Range Smartphones

MediaTek's new Dimensity 9400e chipset aims to bring top-tier performance, AI capabilities, and advanced connectivity to more affordable smartphones, challenging Qualcomm in the mid-range market.

5 Sources

Tencent's Q1 Revenue Soars as AI Investments Yield Results in Gaming and Advertising

Tencent reports a 13% increase in Q1 revenue, driven by strong gaming performance and AI-enhanced advertising. The company's strategic AI investments are beginning to pay off, contributing to growth across multiple business segments.

6 Sources

Le Monde Partners with AI Startup Perplexity in Groundbreaking Content Deal

French newspaper Le Monde has entered into a content partnership with US-based AI company Perplexity, granting access to its content to enhance AI search responses while exploring new revenue streams and AI product development.

4 Sources

Meta Faces Legal Challenges Over AI Training with EU User Data

Privacy watchdog Noyb threatens Meta with legal action over plans to train AI models using EU users' data without explicit consent, citing potential GDPR violations.

9 Sources

xAI Misses Self-Imposed Deadline for AI Safety Framework, Raising Concerns

Elon Musk's AI company, xAI, has failed to publish its promised AI safety framework by the May 10 deadline, sparking criticism and highlighting broader industry issues with AI safety practices.

2 Sources

Anthropic's Legal Team Apologizes for AI-Generated Citation Error in Copyright Case

Anthropic's lawyers admit to using the company's AI chatbot Claude to generate a citation in a legal filing, resulting in hallucinated information. This incident highlights the risks of using AI in legal work and adds to the growing number of AI-related errors in courtrooms.

8 Sources

Apple's Matrix3D: A Breakthrough in AI-Powered 3D Scene Generation

Apple's Machine Learning team, in collaboration with researchers from Nanjing University and HKUST, has developed Matrix3D, an innovative AI model that can generate detailed 3D scenes from just three 2D images.

2 Sources

Palantir's Stock Soars to Record Highs Amid AI Boom and Geopolitical Shifts

Palantir Technologies experiences a dramatic surge in stock value, driven by AI advancements and strategic global positioning, while concerns about overvaluation persist.

6 Sources

Google Brings Gemini AI to Google TV: A New Era of Smart Entertainment

Google is integrating its Gemini AI into Google TV devices, promising to revolutionize content discovery and user interaction with smart TVs. The feature will debut on TCL TVs later this year, offering personalized recommendations and natural language interactions.

3 Sources

ChatGPT: The AI Chatbot Revolutionizing Technology and Society

An in-depth look at ChatGPT's impact, recent developments, and the broader implications of generative AI technology.

3 Sources

South Korea's Largest Supercomputer to Boost AI and Scientific Research

Hewlett Packard Enterprise has been chosen to build South Korea's most powerful supercomputer, KISTI-6, for the Korea Institute of Science and Technology Information. The system will feature advanced liquid cooling and support AI and simulation research.

2 Sources

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