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13 May 2025

GOP Proposes 10-Year Ban on State AI Regulation in Budget Bill

House Republicans have added a provision to the Budget Reconciliation bill that would prevent state and local governments from regulating AI for a decade, sparking debate over federal versus state control of AI oversight.

26 Sources

MySize Inc. Acquires Percentil Assets: Expanding into AI-Driven Circular Fashion and Re-Commerce

MySize Inc., an AI-driven retail solutions company, has acquired key assets of Percentil, a second-hand fashion marketplace, to expand into circular fashion and re-commerce. This strategic move aligns with upcoming EU regulations and leverages AI technology for sustainable fashion.

2 Sources

Stash Secures $146 Million to Enhance AI-Powered Financial Guidance Platform

Investing app Stash raises $146 million in Series H funding to accelerate AI integration in its financial guidance platform, aiming to democratize expert-level investing strategies for everyday users.

2 Sources

Perplexity AI Nears $500M Funding Round at $14B Valuation, Challenging Google's Search Dominance

Perplexity AI, an AI-powered search engine startup, is close to securing a $500 million funding round led by Accel Partners, valuing the company at $14 billion. This significant investment highlights the growing competition in AI-driven search technology.

9 Sources

Zebra Technologies Unveils Advanced AI-Powered Automation Solutions at Automate 2025

Zebra Technologies showcases new intelligent automation solutions for manufacturing and warehouse operations at Automate 2025, featuring AI-driven robotics, machine vision, and RFID technologies to enhance frontline productivity and visibility.

2 Sources

Apple TV+'s 'Murderbot': A Sci-Fi Comedy Blending AI and Human Nature

Apple TV+ launches 'Murderbot', a sci-fi comedy series based on Martha Wells' novels, starring Alexander Skarsgård as a self-aware security android navigating human emotions and its own existential crisis.

6 Sources

AllTrails Launches AI-Powered 'Peak' Membership with Smart Routes and Enhanced Features

AllTrails, the popular hiking app, introduces a new premium tier called 'Peak' with AI-driven features including smart route planning, trail condition forecasts, and plant identification.

2 Sources

OpenAI and SoftBank's $100B Stargate Project Faces Setbacks Amid Tariff Concerns

OpenAI and SoftBank's ambitious Stargate project, aiming to invest up to $500 billion in AI infrastructure, encounters delays due to economic uncertainties and tariff-related fears.

4 Sources

UN Holds Crucial Talks on Regulating AI-Powered 'Killer Robots' Amid Growing Concerns

The UN General Assembly convenes its first meeting on autonomous weapons systems, aiming to establish global regulations as AI-controlled arms proliferate in modern conflicts.

5 Sources

Study Reveals Workplace Stigma Around AI Use, Potentially Hindering Adoption

A Duke University study finds that employees using AI tools at work are often perceived negatively by colleagues, creating a barrier to AI adoption in professional settings despite productivity benefits.

2 Sources

Google's AI Image-to-Video Tool Debuts on Honor Smartphones, Bypassing Pixel

Google's Veo 2 AI model, capable of generating short videos from static images, is making its smartphone debut on Honor's 400 series, surprising many by bypassing Google's own Pixel devices.

5 Sources

12 May 2025

Chegg Announces 22% Workforce Reduction as AI Tools Disrupt EdTech Industry

Chegg, an online education platform, plans to lay off 22% of its workforce and close offices in response to declining revenue and user base, largely attributed to the rise of AI-powered educational tools.

6 Sources

Saudi Arabia Launches Multibillion-Dollar AI Venture 'Humain' Amid High-Profile Tech Summit

Saudi Arabia's Crown Prince Mohammed bin Salman unveils 'Humain', a new AI company backed by the $940 billion Public Investment Fund, as tech giants and political leaders converge for a major investment forum in Riyadh.

7 Sources

NVIDIA Implements Significant Price Hikes Across GPU Lineup Amid Manufacturing Challenges and Export Restrictions

NVIDIA has reportedly raised prices for its GPUs and AI chips by 5-15% due to increased manufacturing costs, tariffs, and export restrictions. The move aims to maintain profitability amid multiple challenges.

5 Sources

Truecaller Launches AI-Powered Message IDs for Smarter SMS Management

Truecaller introduces AI-powered Message IDs to help users identify and manage important SMS messages, leveraging on-device AI processing for enhanced privacy and security.

3 Sources

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