AI news and funding updates from the last 24 hours(14th May 2025):

* HUMAIN & NVIDIA partner to build AI factories in Saudi Arabia with 18,000 GB300 chips and 500 MW capacity

* Oracle, AMD, Groq & AWS announce major AI and cloud investments in Saudi Arabia

* U.S. Commerce Department withdraws proposed AI chip export controls

* Google Cloud India expands IndiaAI Mission, adds local hosting beyond Gemini 1.5 Flash

* Google & Airtel team up for sovereign cloud services in India

* HPE names Bhawna Agarwal India MD; launches Private Cloud AI with NVIDIA and GreenLake

* Google Gemini to power cars, Wear OS watches, Google TV, and XR headsets

* Google I/O preview: Material 3 Expressive UI rolling out on Pixel devices

* Audible launches AI-driven end-to-end audiobook production and translation

* API Holdings (PharmEasy & Thyrocare) adopts IBM Instana for AI-driven observability, cuts MTTR by 30%

* Databricks to acquire Neon for \$1 billion, adding serverless Postgres for AI agents

* TIEA Connectors raises ₹22 crore to scale manufacturing of industrial interconnects

* Microsoft cuts \~6,000 jobs (3% of workforce) amid restructuring despite \$25.8 billion net income

* Google DeepMind unveils AlphaEvolve coding agent powered by Gemini, early academic access forthcoming

* Zepto debuts Zepto Atom subscription with hyperlocal data insights and Zepto GPT assistant

* SoundCloud revises terms to bar AI model training on user uploads

* OpenAI launches Safety Evaluations Hub; weighs UAE data centers in “OpenAI for Countries” push

* Stability AI & Arm release Stable Audio Open Small for offline smartphone audio synthesis

* Tensor9 raises \$4 million seed to help vendors deploy AI tools on-premises

* TensorWave secures \$100 million to expand AMD-powered AI GPU clusters

* xAI misses May 10 AI safety framework deadline amid Grok controversies

* Harvey AI adds Anthropic & Google models; to launch legal AI performance leaderboard

* Perplexity AI integrates PayPal/Venmo for in-chat purchases this summer

* Foxconn Q1 net profit soars 91% to TWD 42.12 billion on AI server demand

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