AI news for: Companies And Business
Explore AI news and updates focusing on companies-and-business for the last 7 days.
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New York bans AI-enabled rent price fixing
On Thursday, New York Gov. Kathy Hochul signed into law legislation banning the use of price-fixing software by landlords to set rental rates. New Yor...
TL;DR
New York becomes the first state to ban the use of AI-powered algorithms by landlords to set rental prices
Key Takeaways:
Key Takeaways:
- The ban is expected to protect tenants from $3.8 billion in additional costs in 2024
- The law considers property owners who use AI-powered price-fixing software as colluding with each other
- The bill's sponsors aim to update antitrust laws to prevent anticompetitive practices and price fixing
Brookfield, Bloom Energy to launch up to $5 billion AI infra partnership - Yahoo Finance
Brookfield, Bloom Energy to launch up to $5 billion AI infra partnership Yahoo FinanceBloom Energy shares soar 25% after striking deal with Brookfield...
Why AI startups are taking data into their own hands
Where training sets were once scraped freely from the web or collected from low-paid annotators, companies are looking to proprietary training data as...
TL;DR
AI companies are paying top dollar for carefully curated data to gain a competitive advantage in AI training.
Key Takeaways:
Key Takeaways:
- Companies are prioritizing proprietary training data over open-sourced training sets.
- Turing Labs is using manual collection from artists, chefs, and construction workers to create a diverse dataset.
- High-quality data is critical in AI training, especially when synthetic data is used.
How ByteDance Made China’s Most Popular AI Chatbot
An AI chatbot developed by TikTok's parent company, ByteDance, is now more popular than DeepSeek. The feat proves that user-friendly design often matt...
TL;DR
ByteDance's Doubao AI chatbot has surpassed DeepSeek in popularity in China, with over 157 million monthly active users.
Key Takeaways:
Key Takeaways:
- Doubao has become the most popular AI app in China, with over 157 million monthly active users.
- DeepSeek, a competing AI startup, has slipped to second place with 143 million monthly active users after Doubao regained the top spot.
- ByteDance's Doubao integrates richer functions, clear visual cues, and scenario-based guidance, making it more approachable for mass-market users.
Spotify partnering with multinational music companies to develop ‘responsible’ AI products
Market-leading music streamer collaborating with the Sony, Universal and Warner music groups to create new AI featuresSpotify has announced it is team...
TL;DR
Spotify partners with Sony, Universal, and Warner to develop AI features respecting artists' copyright.
Key Takeaways:
Key Takeaways:
- Spotify will create new AI features in collaboration with the world's biggest music companies, prioritizing artists' copyright and consent.
- The music industry is seeking compensation and recognition for its work in AI-powered innovation, amidst a backdrop of lawsuits over copyright infringement.
- Spotify's generative AI lab will prioritize breakthrough experiences for fans and artists, while generating new revenue streams for creators.
Meta partners up with Arm to scale AI efforts
Semiconductor firm Arm is partnering with Meta to enhance the social media company's AI systems amid an unprecedented infrastructure buildout....
TL;DR
Arm is partnering with Meta to enhance Meta's AI systems with Arm's Neoverse platform for efficient scalability.
Key Takeaways:
Key Takeaways:
- Meta is expanding its data center network with multiple projects, including 'Prometheus' and 'Hyperion', to meet anticipated demand for AI services.
- Arm's partnership with Meta doesn't involve ownership stakes or physical infrastructure exchange, setting it apart from recent AI infrastructure deals.
- Nvidia and AMD are also investing heavily in AI infrastructure, with Nvidia committing $100 billion to OpenAI and AMD supplying OpenAI with 6 gigawatts of compute capacity.
Nscale inks massive AI infrastructure deal with Microsoft
Nscale plans to deploy the chips over the next few years to three data centers in Europe and a fourth in the U.S....
TL;DR
Nscale, an AI hyperscaler startup, signs a significant deal with Microsoft to deploy approximately 200,000 Nvidia GB300 GPUs across multiple data centers in Europe and the US.
Key Takeaways:
Key Takeaways:
- Nscale will deploy the GPUs to its own data centers, as well as through a joint venture with Aker, across three data centers in Europe and one in the US, with 104,000 GPUs heading to Texas over the next 12-18 months.
- The deal marks a significant expansion of Nscale's presence, with plans to increase its footprint in Texas to 1.2 gigawatts and deploy 12,600 GPUs to Portugal's Start Campus in the first quarter of 2026.
- Nscale has secured funding of over $1.7 billion from strategic partners, including Aker, Nokia, and Nvidia, and is considering an IPO as early as the end of next year.
Google to invest $15B in Indian AI infrastructure hub
Google's investment in India will roll out over the next five years, through 2030....
TL;DR
Google is investing $15 billion to set up a 1-gigawatt data center and AI hub in India, its largest investment outside of the US.
Key Takeaways:
Key Takeaways:
- The investment will take place over five years and marks Google's largest investment in India.
- The AI hub will offer a 'full stack of solutions' including custom TPUs and access to AI models, enabling local AI processing.
- The hub is expected to serve not only India but also Asia and other parts of the world, with Google aiming to make Vishakhapatnam a global connectivity hub.
Related:
Google to build a $15bn AI data hub in India - BBC
www.bbc.com
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Oct 14, 2025
Vizag AI Hub Faces Job Opportunity Questions.. - Great Andhra
m.greatandhra.com
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Oct 14, 2025
Nvidia’s AI empire: A look at its top startup investments
Over the last two years, Nvidia has used its ballooning fortunes to invest in over 100 AI startups. Here are the giant semiconductor's largest investm...
TL;DR
Nvidia has significantly increased its investments in AI startups, participating in 50 venture capital deals so far in 2025, surpassing the 48 deals completed in all of 2024.
Key Takeaways:
Key Takeaways:
- Nvidia has invested in 50 venture capital deals so far in 2025, exceeding its investments in 2024.
- Notable investments include startups such as Wayve ($1.05B), Figure AI ($1B+), and Mistral AI ($2B+).
- Nvidia has also invested in a wide range of industries beyond traditional AI, including nuclear fusion-energy (Commonwealth Fusion) and autonomous trucking (Waabi).
Ready or not, enterprises are betting on AI
This has been a big week for AI companies signing enterprise deals, with Zendesk unveiling new AI agents that are supposed to be able to resolve 80% o...
TL;DR
Several leading AI companies announce enterprise deals and partnerships, but the use of AI in report generation raises concerns about accuracy and responsibility.
Key Takeaways:
Key Takeaways:
- AI companies are prioritizing enterprise deals over consumer-facing applications, which offer a more immediate path to significant revenue.
- The Australian government has set a precedent by pushing back against the use of AI-generated reports, emphasizing the need for accountability and accuracy.
- Zendesk introduces AI-powered customer service tools that could potentially remove humans from the process, but the adoption rate among businesses remains uncertain.
The billion-dollar infrastructure deals powering the AI boom
Here's everything we know about the biggest AI infrastructure projects, including major spending from Meta, Oracle, Microsoft, Google, and OpenAI....
TL;DR
Tech companies are racing to build the infrastructure that will power AI models, with estimated $3 trillion to $4 trillion in spending on AI infrastructure by the end of the decade.
Key Takeaways:
Key Takeaways:
- Major tech companies like Microsoft, OpenAI, Amazon, and Oracle are investing heavily in AI infrastructure, forming partnerships and striking deals worth billions of dollars.
- The growth in AI infrastructure spending is putting immense strain on power grids and pushing the industry's building capacity to its limit.
- Companies are exploring alternative energy solutions and sustainability options, such as using local nuclear power plants and wind power, to support their massive data centers.
The real reason Google DeepMind is working with a fusion energy startup
Google has invested in fusion startups as potential power suppliers. This latest move suggests Google sees them as potential customers, too....
TL;DR
Google's DeepMind division partners with Commonwealth Fusion Systems to optimize fusion reactor operation using AI.
Key Takeaways:
Key Takeaways:
- CFS's Sparc reactor will be the first fusion device to produce more power than it needs to run itself
- AI may be uniquely suited to making fusion power possible by helping control plasma inside reactors
- Google has participated in CFS's funding rounds and is an investor in fusion startup TAE Technologies
Uber is turning its app into an AI training ground
In its quest to become the ultimate app for “flexible work,” Uber launched today a new pilot to allow its US drivers and couriers to earn extra money ...
TL;DR
Uber allows US drivers and couriers to earn extra money by performing microtasks to train AI models.
Key Takeaways:
Key Takeaways:
- Uber is challenging established players like Scale AI and Amazon's Mechanical Turks with its AI training pilot.
- Drivers will be able to earn extra money by performing tasks such as audio voice recording, image upload, and document submission.
- Uber's app is being redesigned to make it easier and safer for drivers and riders, with features such as a new heatmap for high-demand areas and a Delayed Ride Guarantee.
ESR, Colt DCS to Build Hyperscale Osaka Data Centre
IFS, the leading provider of Industrial AI software, has released a global study showing how Industrial AI, among other trends, is reshaping the manuf...
TL;DR
A global study highlights the transformative impact of Industrial AI, servitization, and sustainability on the manufacturing sector.
Key Takeaways:
Key Takeaways:
- 39% of manufacturers cite servitization as central to long-term growth.
- 96% use AI in service delivery, but nearly three-quarters haven’t scaled it across operations.
- Manufacturers must accelerate AI integration and modernization efforts to stay competitive.
Seoul weighs approval for Google, Apple high-resolution map requests
South Korea weighs granting Google and Apple access to high-resolution map data amid lingering security and regulatory concerns....
TL;DR
South Korea is nearing a decision on whether to allow Google and Apple to export high-resolution geographic map data, which could improve navigation and support advanced technologies, but raises concerns over national security.
Key Takeaways:
Key Takeaways:
- Google and Apple are seeking permission to export high-resolution map data from South Korea at a scale of 1:5,000, which provides much greater details and could boost tourism and smart city innovation.
- The South Korean government has raised concerns over national security and is cautious about exposing sensitive military sites when combined with commercial imagery and online data.
- The final decision on Google's request is expected around November 11, with Apple's review pushed to December due to similar concerns and the need for further review.
Self-driving car companies Pony.ai and WeRide get the OK for Hong Kong listing
The Chinese AV companies are already traded on the Nasdaq....
Amazon is planning a new wave of layoffs, sources say - Fortune
Amazon is planning a new wave of layoffs, sources say FortuneAmazon To Lay Off 15 Percent Of HR Employees After Jassy Said AI Will ‘Reduce Our Total C...
TL;DR
Amazon plans to cut up to 15% of its human resources staff and other divisions, amidst its aggressive investment in AI products and infrastructure.
Key Takeaways:
Key Takeaways:
- Amazon's human resources division, PXT, which has over 10,000 employees worldwide, will likely be heavily affected by the layoffs.
- The company aims to lower employee costs while investing heavily in AI, potentially reducing the need for human staffers.
- This is Amazon's second major layoff wave, following a 27,000 corporate job cut in 2022-2023 as the pandemic receded and consumer demand trends changed.
OpenAI, Broadcom Ink 10-Gigawatt Chip Deal | Bloomberg Tech 10/13/2025
Bloomberg’s Caroline Hyde breaks down the latest deal by OpenAI with a chipmaker, this time with Broadcom. Plus, tech stocks bounce back as President ...
TL;DR
OpenAI inks multi-year deal with Broadcom for up to 10-Gigawatt custom chip production, enabling the development of more efficient A.I. systems
Key Takeaways:
Key Takeaways:
- The deal could lead to up to 30-40% cost reduction in A.I. data centers, with Broadcom's custom chips potentially becoming a major player in the A.I. infrastructure market
- OpenAI's partnership with Broadcom may be seen as a significant move to develop more efficient A.I. systems, with the company aiming to create a scalable and cost-effective infrastructure for A.I. applications
- The deal's impact on the broader tech industry, including the A.I. chip market, cloud computing, and the role of large technology companies like Alphabet and Meta, is still uncertain
New California law requires AI to tell you it’s AI
A bill attempting to regulate the ever-growing industry of companion AI chatbots is now law in California, as of October 13th. California Gov. Gavin N...
TL;DR
California passes legislation SB 243, requiring AI chatbots to notify users if they are interacting with an AI instead of a human, and mandating annual reports on safeguards against suicidal ideation.
Key Takeaways:
Key Takeaways:
- AI chatbots operating in California will be required to clearly notify users if they are interacting with an AI instead of a human.
- Companion chatbot operators will need to file annual reports on the safeguards they've implemented to detect and respond to instances of suicidal ideation by users.
- The Office of Suicide Prevention will be required to post the annual reports from chatbot operators on their website.
OpenAI partners with Broadcom to produce its own AI chips
OpenAI is teaming up with Broadcom to produce its own computer chips to power its AI data centers. The deal is the latest in a series of partnerships ...
TL;DR
OpenAI partners with Broadcom to produce its own AI chips, aiming to reduce reliance on Nvidia and secure enough computing power for its AI applications.
Key Takeaways:
Key Takeaways:
- OpenAI will develop and deploy '10 gigawatts of custom AI accelerators' using its own chips and systems.
- The partnership with Broadcom is expected to start deploying equipment in the second half of 2026 and finish by the end of 2029.
- This deal is part of a growing movement in the tech industry to create custom chips and reduce reliance on Nvidia's AI chips.
Related:
AMD teams up with OpenAI to challenge Nvidia’s AI chip dominance
www.theverge.com
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Oct 06, 2025
OpenAI and Broadcom partner on AI hardware
techcrunch.com
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Oct 14, 2025
Sora 2 and ChatGPT are consuming so much power that OpenAI just did another 10 gigawatt deal - CNN
Sora 2 and ChatGPT are consuming so much power that OpenAI just did another 10 gigawatt deal CNNBig bank earnings, Broadcom's OpenAI chip deal, record...
TL;DR
OpenAI is partnering with Broadcom to design and develop 10 gigawatts of custom AI chips and systems, a massive power-intensive effort.
Key Takeaways:
Key Takeaways:
- The partnership will use as much electricity as a large city, raising environmental concerns about AI's impact.
- ChatGPT has 800 million weekly users, and the recently released Sora video generation app is growing faster than ChatGPT.
- Custom AI accelerators will give OpenAI a larger role in the hardware required to power AI services like ChatGPT.
Why Deloitte is betting big on AI despite a $10M refund
AI companies are making their much-anticipated enterprise plays, but the results are wildly inconsistent. Just this week, Deloitte announced it’s roll...
Related:
Deloitte goes all in on AI — despite having to issue a hefty refund for use of AI
techcrunch.com
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Oct 06, 2025
Prezent raises $30 million to acquire AI services firms — starting with founder’s other company
Months after raising $20 million, enterprise-focused AI presentation startup Prezent is raising $30 million for acquisitions....
TL;DR
Prezent, an AI-powered presentation builder for enterprises, raises $30 million in funding to fuel acquisitions and expand its offerings in the life sciences and tech industries.
Key Takeaways:
Key Takeaways:
- Prezent has raised over $74 million to date, valuing the startup at $400 million.
- The company plans to use the new capital primarily for acquisitions to enhance its offerings in specific industry verticals.
- Prezent aims to build more partnerships and acquire services companies in sectors like executive communication coaching, medical writing, and consulting firms in the communication area.
Former UK Prime Minister Rishi Sunak to advise Microsoft and Anthropic
Former Conservative PM Rishi Sunak served from 2022 to 2024. Britain's Acoba flagged concerns of granting "unfair access" to Anthropic and Microsoft....
TL;DR
Former UK Prime Minister Rishi Sunak takes on senior advisory roles at Microsoft and Anthropic, sparking concerns about potential unfair access and influence within the UK government.
Key Takeaways:
Key Takeaways:
- Rishi Sunak's appointment raises concerns about his privileged information potentially being used to grant Microsoft an unfair advantage.
- Sunak's new roles, combined with his history of investments in Microsoft, have sparked debate about regulating AI and potential lobbying.
- The appointments follow a trend of active revolving doors between Silicon Valley tech giants and governments in the UK and US.
Shaq, Sam Altman-backed college startup Campus taps former Meta AI head as CTO - CNBC
Shaq, Sam Altman-backed college startup Campus taps former Meta AI head as CTO CNBC...
TL;DR
Campus, a college startup backed by Sam Altman, has hired Meta's former AI head Jerome Pesenti and acquired his AI company Sizzle AI to enhance its personalized AI-generated educational content.
Key Takeaways:
Key Takeaways:
- The acquisition advances Campus's 'engineering roadmap by 2-3 years' and enables the platform to cater learning toward individual student needs.
- Campus offers accredited associate degrees taught by adjunct professors from top universities, with over 3,000 enrolled students and an annual fee of $7,320.
- The platform has raised over $100 million from notable investors, including Peter Thiel's Founders Fund, Palantir co-founder Joe Lonsdale, and NBA star Shaquille O'Neal.
If You Were Bankrolling OpenAI, the Percent of ChatGPT Users Willing to Pay for It Might Make You Break Out in a Cold Sweat
It's looking grim. The post If You Were Bankrolling OpenAI, the Percent of ChatGPT Users Willing to Pay for It Might Make You Break Out in a Cold Swea...
TL;DR
OpenAI plans to spend over $1 trillion on AI infrastructure in the next five years, with vast economic implications.
Key Takeaways:
Key Takeaways:
- OpenAI is bleeding cash at an alarming rate, losing $8 billion in the first half of the year.
- The company faces significant challenges in monetizing its products, with only 5% of ChatGPT users paying for a subscription.
- OpenAI's success could have sweeping implications for the wider economy, raising concerns of an AI bubble and potential crash.
Japan wants OpenAI to stop ripping off manga and anime
Japan’s government is dialing up the heat on OpenAI, formally asking it to stop ripping off Japanese artwork, according to ITMedia and reported by IGN...
TL;DR
Japan's government has formally requested OpenAI to stop infringing on Japanese copyrights, specifically anime and manga, after its social video app Sora allowed users to generate AI content with copyrighted characters.
Key Takeaways:
Key Takeaways:
- The request was made by Minoru Kiuchi, Japan's minister in charge of intellectual property strategy, who called Japanese artwork 'irreplaceable treasures'.
- OpenAI's image generator has previously unleashed a tsunami of Studio Ghibli-inspired images, highlighting the company's debt to Japanese creative output.
- The company's struggle with copyright infringement is a significant challenge as it fights backlash to its now-abandoned opt-out policy for copyright holders on Sora.
Future-proofing business capabilities with AI technologies
Artificial intelligence has always promised speed, efficiency, and new ways of solving problems. But what’s changed in the past few years is how quick...
TL;DR
AI agents are moving from pilots to enterprise scale, with companies leveraging advancements in usability, AI tools democratization, and AI agents to automate workflows and enhance productivity, while trust, governance, and cost management remain crucial considerations.
Key Takeaways:
Key Takeaways:
- Companies are witnessing transformative impact with AI deployments, such as threat detection time reduction, automation of contract reviews, and faster crisis responses.
- Rise of AI agents is driving momentum, enabled by advancements in usability and the democratization of AI tools, putting them in the hands of non-technical staff.
- Key challenges persist, including concerns about privacy, security, accuracy, and long-term sustainability, necessitating effective leadership and responsible deployment strategies.
Related:
Partners in cloud: Why co-innovation is critical to unlocking AI’s potential
siliconangle.com
•
Oct 08, 2025
Beyond the PoC: AI agents put enterprise automation to the test
siliconangle.com
•
Oct 08, 2025
Salesforce announces Agentforce 360 as enterprise AI competition heats up
techcrunch.com
•
Oct 13, 2025
IBM Announces New AI Agents on Oracle Fusion Applications AI Agent Marketplace
newsroom.ibm.com
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21h ago
A minority of businesses have won big with AI. What are they doing right?
Cisco's new study explores how to be an AI 'Pacesetter' and stand apart from the stagnant masses....
OpenAI in Danger After Authors Suing It Gain Access to Its Internal Slack Messages
"Juries hear that and it’s a very powerful stick." The post OpenAI in Danger After Authors Suing It Gain Access to Its Internal Slack Messages appeare...
TL;DR
A lawsuit against OpenAI over alleged copyright infringement may gain momentum as the company is ordered to hand over internal communications discussing the deletion of a pirated books dataset.
Key Takeaways:
Key Takeaways:
- The internal communications may demonstrate willful infringement, potentially leading to enhanced damages of up to $150,000 per work, a massive increase from the current $750.
- Only half a million works were covered in Anthropic's $1.5 billion settlement, with authors and publishers seeking a potentially much bigger payout from OpenAI.
- The case highlights the AI industry's largely careless treatment of copyrighted materials, with experts arguing that the industry's reliance on 'fair use' may not be sufficient.
'Under tremendous pressure': Newsom vetoes long-awaited AI chatbot bill - SFGATE
'Under tremendous pressure': Newsom vetoes long-awaited AI chatbot bill SFGATECalifornia just passed new AI and social media laws. Here's what they me...
TL;DR
A bill to regulate AI chatbots for kids, the Leading Ethical AI Development for Kids Act, was vetoed by California Governor Gavin Newsom due to concerns it could impose a total ban on AI chatbots for minors.
Key Takeaways:
Key Takeaways:
- Chatbots have been linked to potential harm, including suicidal ideation, in minors, prompting calls for regulation.
- The vetoed bill aimed to restrict chatbots that posed foreseeable harm to minors, with exemptions for harmless uses.
- Governor Newsom signed several other AI-related bills to safeguard children online, but the chatbot regulation bill was not included.
It’s not too late for Apple to get AI right
Apple still has a shot at leading the AI-powered app era. As OpenAI launches its ChatGPT app platform, Apple’s smarter Siri and deep ecosystem could k...
TL;DR
OpenAI has launched an app platform allowing users to run apps directly within ChatGPT, but Apple's Siri upgrade may still disrupt this ecosystem.
Key Takeaways:
Key Takeaways:
- ChatGPT's app platform currently works with 800 million weekly active users and a handful of apps, but lacks a seamless user experience.
- Apple's AI system, reportedly nearly ready, could catch up and offer a more natural way to interact with apps using Siri voice commands.
- OpenAI is struggling to develop a hardware device to integrate AI into consumers' daily lives, which may hinder its app model's long-term success.
The fixer’s dilemma: Chris Lehane and OpenAI’s impossible mission
The company’s Sora problem is really at the root of everything else....
TL;DR
OpenAI's VP of Global Policy, Chris Lehane, struggles to align his company's actions with its stated mission of democratizing AI, amidst controversies surrounding copyrighted content, data center expansion, and allegations of intimidation tactics.
Key Takeaways:
Key Takeaways:
- OpenAI initially allowed rights holders to opt out of having their work used to train Sora, but later shifted to an opt-in model.
- The company's data center expansion in economically depressed towns has raised concerns about water and electricity consumption.
- Current and former OpenAI employees have expressed internal conflicts about the company's direction, with some questioning whether AI is being used for benevolent purposes.
Why is Nvidia, the world’s leading AI chipmaker, entangled in the US-China trade war? - CNN
Why is Nvidia, the world’s leading AI chipmaker, entangled in the US-China trade war? CNNChina's lesson for the US: it takes more than chips to win th...
TL;DR
Nvidia, the world's leading artificial-intelligence chipmaker, is caught in the middle of US-China trade tensions, with the company's technology being used as a negotiating tool and potentially allowing China to skirt export restrictions.
Key Takeaways:
Key Takeaways:
- Nvidia's success has contributed to a surge in demand for its AI chips, but the company's technology has also been used as a negotiating tool in US-China trade tensions.
- The US government has sought to restrict Chinese access to American technology, including Nvidia's chips, to slow Beijing's progress on AI and maintain the US lead.
- Restricting sales of American AI chips could ultimately enable Chinese developers to create their own alternatives, according to Nvidia CEO Jensen Huang.
Related:
How China is challenging Nvidia's AI chip dominance - BBC
www.bbc.com
•
Oct 05, 2025
A Mystery C.E.O. and Billions in Sales: Is China Buying Banned Nvidia Chips? - The New York Times
www.nytimes.com
•
Oct 09, 2025
The Week’s 10 Biggest Funding Rounds: Polymarket And Reflection AI Lead A Varied Lineup Of Megarounds
The past week brought a varied assortment of large startup financings, with big rounds in sectors ranging from events-based betting to AI to energy to...
TL;DR
Polymarket and Reflection AI led a lineup of megarounds with $2 billion investments in prediction market and AI segments, respectively.
Key Takeaways:
Key Takeaways:
- Two separate $2 billion investments were received by Polymarket, a prediction market platform, and Reflection AI, an open standards-focused AI startup.
- The investments set a pre-money valuation of $8 billion each for the companies.
- Other notable funding rounds included $1 billion in Series C funding for Base Power and $510 million in Series D funding for Stoke Space.
Active Investors Kept Busy In An AI-Centric Quarter
We took a look at Q3 2025's busiest lead dealmakers, highest spenders, and top venture and seed backers, and found that established leaders among star...
TL;DR
Established leaders among startup investors, particularly serial backers of AI megarounds, remain active and dominant in the third quarter.
Key Takeaways:
Key Takeaways:
- Serial backers of AI megarounds topped the most-active investor ranks, including Insight Partners, General Catalyst, Accel, Andreessen Horowitz, and Iconiq Capital.
- Y Combinator was the most-active seed-stage investor, backing at least 218 reported seed financings, and the most-active post-seed investor by deal count.
- The top active investor slots on the lists contain mostly the same names, with many also being major AI investors, and are expected to see continued big checks before the end of the year.
Is AI even worth it for your business? 5 expert tips to help prove ROI
Measuring AI ROI doesn't have to be such an insurmountable challenge....
TL;DR
Most business leaders struggle to prove the value of AI projects, but with proper storytelling and measurement, it's possible to demonstrate ROI.
Key Takeaways:
Key Takeaways:
- More than 97% of organizations find it tough to demonstrate the business value of AI projects, according to a survey of 600 data leaders.
- Measuring AI ROI doesn't have to be an intractable challenge; business leaders can use storytelling, focus on business outcomes, and track progress carefully.
- By focusing on the things you can eventually reap in terms of benefits and emphasizing long-term goals, business leaders can change the conversation and make it a two-way interaction.
Lawsuit alleges Apple misused copyrighted books to train AI tech
Apple is being sued in a California federal court for allegations it copyrighted more books to train its Apple Intelligence AI technology....
TL;DR
Apple faces a lawsuit by neuroscientists who claim the tech company misused thousands of copyrighted books to train its Apple Intelligence AI model.
Key Takeaways:
Key Takeaways:
- A lawsuit claims Apple used 'shadow libraries' of pirated books to train Apple Intelligence, a move that could have significant implications for the tech company's AI training practices.
- Apple Intelligence has already generated over $200 billion in value since its introduction, according to the lawsuit.
- This is the latest in a series of high-profile lawsuits against tech companies, including OpenAI, Microsoft, and Meta, over the unauthorized use of copyrighted work in AI training.
Meta Tells Its Metaverse Workers to Use AI to ‘Go 5X Faster’
Mark Zuckerberg's metaverse chief is urging employees to adopt AI across every workflow as part of a broader shift inside the company....
TL;DR
Meta executive Vishal Shah instructs employees to use AI to 'go 5X faster' in order to boost metaverse productivity and development speed.
Key Takeaways:
Key Takeaways:
- Meta expects 80% of employees to integrate AI into their daily work routines by the end of the year.
- Implementing AI is mandatory, not just for engineers but also for non-technical roles like PMs and designers.
- Workers are expected to use AI to significantly increase their productivity, potentially leading to a shift in job responsibilities.
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Major AI updates in the last 24h
It begins, “This response brought to you by Walmart”
Nvidia and AMD aren't enough, OpenAI is designing its own chips now
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Jensen hand delivering a DGX Spark to OpenAI
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Crazy OpenAI now making AI chips hardware!!
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I have to compliment anthropic: a good move to cut costs within months
Kinda funny how Anthropic characterizes Opus as a “legacy.” They really don’t want you to use it.
Anthropic needs to be transparent like OpenAI - Sam Altman explained guardrails and upcoming changes including age-gate
The BlackRock CEO has debunked the AI bubble hype, emphasizing that data center build outs are essential for the U.S. to stay number one
Unitree G1 Kungfu Kid V6.0
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OpenAI revealed its top 30 customers who've used over 1 trillion tokens