Snap’s AI Deal Sends Stock Soaring 13%
Snap’s stock surged 13% after announcing a major AI partnership with Perplexity and beating revenue expectations. The deal involves $400 million in cash and equity payments to Snap over the next year.
Category: AI
Microsoft Just Locked Down OpenAI Until 2032
Microsoft has renegotiated its landmark partnership with OpenAI, extending exclusive technology rights through 2032. The new deal specifically includes access to models developed after artificial general intelligence arrives, giving Microsoft unprecedented long-term control.
Brace Yourself – Another AI Winter Is Coming
Everyone’s drunk on AI right now, but history suggests another winter is inevitable. This time it won’t just affect research labs – it’ll hit Main Street investors holding the ETFs and chip stocks.
Google’s Secret AI Data Center on a Remote Australian Island
Google is planning a major AI data center on Christmas Island, a tiny Australian territory in the Indian Ocean. The facility is part of a cloud computing agreement with Australia’s Department of Defence signed in July 2025. The island is strategically positioned for monitoring Chinese naval activity
Irish agri-tech startup Proveye lands ESA contract for AI farming
NovaUCD-based climate-tech company Proveye has received European Space Agency backing through the Spark Funding initiative to complete development of its ProvVari precision fertilizer platform. The AI-driven system combines satellite imagery, drone data, and weather information to optimize farming w
This AI startup just raised $19M to organize your home’s paperwork
An AI startup called Digs has raised $19.1 million in seed funding to help organize home construction documents and create digital twins. The Vancouver-based company offers two main products for preconstruction collaboration and warranty management. Digs has nearly 10,000 homes using its platform an
Nvidia’s China rollercoaster: Jensen Huang’s AI race warning
Nvidia CEO Jensen Huang reportedly told the Financial Times that China would beat the U.S. in the AI race, only to release a softer statement hours later. The comments come as Nvidia’s market share in China has dropped to zero amid export restrictions and security reviews.
Google’s Putting Gemini AI Right Into Your Maps App
Google is embedding its Gemini AI directly into Google Maps to revolutionize navigation. The update brings hands-free assistance, landmark-based guidance, and smarter traffic alerts. US users get first access to these features rolling out throughout 2024.
Microsoft’s new ethics hotline after Israel controversy
Microsoft is creating a “Trusted Technology Review” process for its 200,000-plus employees to anonymously raise concerns about technology uses. The move follows controversy over the company’s work with Israeli defense units and employee protests that led to firings and resignations.
From Big Tech to Robotic Pets: One Founder’s Journey
He Jiabin spent years at China’s tech giants before founding Ropet. His company has raised over $7 million to create companion robots that blend emotional design with cutting-edge AI. The goal? Selling 20,000 units by year-end.