AI news and funding updates from the last 24 hours(15th May 2025):

* TensorWave raises $100 M Series A led by Magnetar Capital & AMD Ventures

* CoreWeave to invest $20–23 B in AI infrastructure in 2025

* Twilio and Microsoft forge multi-year conversational AI partnership

* Complement 1 secures $16 M seed for AI-powered cancer lifestyle platform

* Harvey in talks for $250 M+ funding at a $5 B valuation

* Hedra bags $32 M Series A for Character-3 AI video startup

* Cognichip emerges with $33 M seed to build AI-driven chip design model

* Google integrates Gemini into TalkBack and adds OCR to Chrome

* U.S. tightens export controls on Huawei Ascend AI chips

* xAI’s Grok chatbot bug injects “white genocide” replies on X

* U.S. and UAE finalize AI-chip framework ahead of Trump’s Abu Dhabi visit

* “Not For Private Gain” group slams OpenAI’s restructuring plan

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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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AI news and funding updates from the last 24 hours(13th May 2025):

LTIMindtree

* Lands $450 M, seven-year AI-driven IT transformation deal with ADM

Happiest Minds

* Q4 FY25 revenue +30.5%, net profit –52.8%

OpenAI

* Beta integrates ChatGPT Deep Research with OneDrive & SharePoint

Ray-Ban Meta

* Smart glasses pre-orders open in India at ₹29,900; launch May 19

PhonePe

* UPI outage after DR drill reroutes traffic to new data center

Infosys

* Becomes Official AI & Innovation Partner for Queen’s Club tennis

Google

* Launches AI Futures Fund and India accelerator; Google I/O set for May 20–21

Microsoft

* Build 2025 (May 19–22) to spotlight Copilot expansions and custom AI models

Renesas Electronics

* To build India’s first 3 nm chip-design centers in Noida & Bengaluru

AllTrails

* “Peak” premium tier with AI routing, forecasts & plant ID at \$80/yr

Epoch AI

* Warns reasoning-model performance gains may plateau by 2026

Amazon Audible

* Rolls out AI-narrated audiobooks with 100+ voices and upcoming translation

Spotify

* Adds voice commands to AI DJ for Premium users in 60+ markets

Notion

* Introduces AI meeting transcription with live summaries and note sync

AgiBot

* Trains humanoid robots in Shanghai amid China’s ¥1 trillion robot drive

NVIDIA & AMD

* U.S. poised to ease chip exports to Saudi Arabia and UAE under new policy

Cisco & G42

* Cisco partners with UAE’s G42 on AI during Trump’s Gulf tour

DataVolt

* Pledges $20 B to U.S. AI data-center buildout

Google, Oracle, Salesforce, Uber

* Commit $80 B in Gulf tech investments

Other News

* AI agents hype vs. reality: true autonomy still years off

* U.S. rescinds Biden’s AI Diffusion Rule, shifts to bilateral negotiations

* UK defence reforms: cuts procurement to two years, £400 M innovation fund

* White House signals open chip-export regime for “trusted allies”

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