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09 May 2025

Hims & Hers Health Raises $870 Million in Convertible Notes to Fuel AI-Driven Global Expansion

Hims & Hers Health Inc. has priced an upsized $870 million convertible senior notes offering to accelerate its global expansion and invest in AI-powered healthcare solutions. The company plans to use the proceeds for strategic acquisitions, AI development, and enhancing its personalized care platform.

2 Sources

Arlo Enhances Home Security with AI-Powered Audio and Visual Detection Features

Arlo introduces Secure 6, an AI-powered update to its home security system, offering advanced audio and visual detection capabilities, including gunshot and scream alerts, as well as AI-generated video captions and search functionality.

5 Sources

Lenovo Unveils Legion 9i: A Powerhouse Laptop with AI-Enhanced 3D Display for Creators and Gamers

Lenovo introduces the Legion 9i, a high-performance laptop featuring an AI-powered 3D display, top-tier specs, and innovative cooling technology, aimed at game developers and 3D artists.

3 Sources

Klarna Reverses Course: Hiring Humans After AI Customer Service Falls Short

Klarna, once an AI-first company, is now hiring human customer service representatives after realizing AI chatbots provided lower quality support. This shift highlights the challenges of AI implementation in customer service.

8 Sources

SoundHound AI Unveils Amelia 7.0, Reports Q1 Results, and Expands in Automotive and Restaurant Sectors

SoundHound AI launches Amelia 7.0 with voice-enabled Agentic AI capabilities, reports mixed Q1 results, and shows significant growth in automotive and restaurant sectors, driven by its Polaris AI model and strategic acquisitions.

10 Sources

SAS Enhances Agentic AI Platform with Improved Governance and Industry-Specific Models

SAS extends its Intelligent Decisioning tooling to support trustworthy and agentic AI, focusing on governance, human oversight, and industry-specific models to address enterprise concerns about AI autonomy and accuracy.

2 Sources

Match Group Cuts 13% Workforce, Embraces AI to Revitalize Dating Apps

Match Group, parent company of Tinder, announces workforce reduction and AI-driven features to combat slowdown in user engagement and boost revenue.

3 Sources

Microsoft Bans DeepSeek App for Employees, Citing Security and Propaganda Concerns

Microsoft's President Brad Smith reveals the company has banned its employees from using the DeepSeek AI app due to data security risks and concerns over Chinese propaganda influence.

6 Sources

Meta Appoints Former Google DeepMind Director Robert Fergus to Lead AI Research Lab

Meta has selected Robert Fergus, a former Google DeepMind research director and co-founder of Facebook AI Research (FAIR), to lead its Fundamental AI Research lab. This move comes amidst challenges and departures in Meta's AI research division.

2 Sources

AI's Attempt to Predict Papal Election Falls Short, Highlighting Challenges in Forecasting Unique Electoral Processes

An AI algorithm's prediction for the next pope proves incorrect, sparking discussions about the limitations and potential applications of AI in forecasting unique electoral processes like papal conclaves.

2 Sources

Cadence Unveils Millennium M2000 AI Supercomputer with NVIDIA Blackwell GPUs for Advanced Simulations

Cadence has announced the Millennium M2000 Supercomputer, featuring NVIDIA Blackwell GPUs, designed to accelerate AI-driven simulations for chip design, system analysis, and drug discovery. The system promises up to 80X performance improvement over CPU-based systems.

3 Sources

Apple's Ambitious Chip Roadmap: M6, M7, and AI Server Processors in Development

Apple is reportedly working on next-generation M6 and M7 chips for Macs and iPads, as well as a powerful AI server processor codenamed Baltra, signaling a major push into AI capabilities across its product lineup.

8 Sources

Apple Developing Custom Chips for Smart Glasses, Advanced Macs, and AI Servers

Apple is reportedly working on specialized chips for smart glasses, more powerful Macs, and AI servers, signaling a major push into new hardware and AI capabilities.

21 Sources

New Ethical Guidelines Proposed for AI-Generated and Manipulated Images

As AI-powered image manipulation becomes more prevalent, an ethics researcher proposes a new system to categorize and label altered photos, aiming to maintain trust in visual media.

2 Sources

Sweat Wallet Introduces AI Agent 'Mia' and Expands to Multi-Chain DeFi

Sweat, a move-to-earn platform, launches an AI assistant named Mia and expands to multiple blockchain networks, aiming to simplify crypto management and improve user experience.

2 Sources

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