AI news and funding updates from the last 24 hours(05th July 2025):

Apple

* Apple Explores Building AWS and Azure Competitor with Project ACDC

Lenskart

* Lenskart Invests in AI-Powered Smart Glasses Startup Ajna Lens

Meta

* Meta Tests Proactive AI Chatbots to Initiate User Conversations

Microsoft

* Microsoft Shuts Down Pakistan Operations After 25 Years

* Xbox Executive Suggests AI for Laid-Off Staff, Sparking Controversy

Nueromind Technologies

* Nueromind and Nawgati Tech Partner on AI for Fuel Sector

Other News

* Aadhaar's AI Face Authentication Transactions Surge in India

* EU Rejects Calls from Tech Companies to Delay AI Act Implementation

* India to Launch New Drone Incentive Scheme to Boost Local Manufacturing

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AI news and funding updates from the last 24 hours(04th July 2025):

AVPL International

AVPL International to invest $1 million in Indian defence drone R&D.

Cluely

Cluely’s revenue skyrockets to $7 million ARR after enterprise product launch.

Google

Google faces EU antitrust complaint from publishers over AI Overviews.

Google rolls out Veo 3 AI video model globally via Gemini Pro subscription.

HCLTech

HCLTech expands partnership with Equinor, signs direct strategic deal with OpenAI.

IG Drones

IG Drones secures India’s first patent for an indigenous defence drone simulator.

IN-SPACe

IN-SPACe facilitates transfer of 10 ISRO technologies to six private Indian firms.

Maieutic Semiconductor

Maieutic Semiconductor raises $4.15 million seed funding for its AI chip design platform.

Meta

Meta develops proactive, memory-enabled AI chatbots for its messaging apps.

Oracle

Oracle to lease 4.5 gigawatts of data center power to OpenAI for Stargate project.

Phosphor Capital

Phosphor Capital raises $34 million to invest exclusively in Y Combinator startups.

Replit

Replit upgrades its AI coding assistant with ‘Dynamic Intelligence’ features.

Safe Superintelligence Inc. (SSI)

Ilya Sutskever becomes CEO of Safe Superintelligence after Daniel Gross departs.

Synopsys

Synopsys shares jump after U.S. lifts chip design software export curbs to China.

Tata Consultancy Services (TCS)

TCS launches Singapore innovation centre to help SMEs and start-ups adopt AI.

Workday

Workday expands in India with new local data centre and capability centre.

xAI

xAI granted permits for gas turbines at Memphis data center despite lawsuit threat.

Zoho

Zoho opens new AI and robotics R&D centre in rural Kerala.

Other News

CEOs increasingly predict massive, widespread job losses due to AI.

Tech companies call for delay of EU's AI Act amid lack of compliance guidelines.

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AI news and funding updates from the last 24 hours(03rd July 2025):

Dexter Energy

- Dexter Energy Raises €23M for AI-Driven Renewable Energy Trading

ElevenLabs

- ElevenLabs Aims for Voice AI to Pass Turing Test by Early 2026

Erebor

- Tech Billionaires Back Erebor, a New Crypto-Focused Bank for Tech Firms

Google

- Google Hints at Using Veo 3 AI for Playable Video Game Worlds

Grammarly

- Grammarly Acquires Email Startup Superhuman to Build AI Productivity Suite

Microsoft

- Microsoft to Lay Off Nearly 4% of Workforce Amid AI Investment Push

OpenAI

- OpenAI Disavows Robinhood's 'OpenAI Tokens,' Denying Partnership

Perplexity

- Perplexity Launches $200/Month 'Max' Plan for Power Users

X

- X Pilots 'AI Notes Writer' to Assist Human Fact-Checkers

Other News

- Vinod Khosla Predicts AI Will Handle 80% of Jobs Within Five Years

- Proposed Trump Bill Could Raise US Chipmaker Tax Credit to 35%

- AI Search Reduces Publisher Traffic Despite Rise in ChatGPT Referrals

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