Software Development
Amazon Web Services (AWS) has launched a preview of Kiro, an artificial intelligence-powered tool designed to help developers write software more efficiently and collaboratively. Announced by Amazon CEO Andy Jassy on X, Kiro represents Amazon’s latest move to compete in the rapidly evolving field of AI-assisted software development. Jassy
Education
Educational publishing giant McGraw Hill is preparing to go public, targeting a valuation of $4.2 billion in an initial public offering (IPO), according to a company announcement on Monday, Reuters reported. Backed by private equity firm Platinum Equity, the company aims to raise up to $537 million by offering
Artificial Intelligence (AI)
In a dramatic turn of events highlighting the escalating competition in the AI development space, Cognition — the startup behind the viral AI coding agent Devin — announced on Monday that it has reached a definitive agreement to acquire fellow AI coding startup Windsurf. The acquisition follows a chaotic weekend of executive
Military & Defense
Just one week after Elon Musk’s chatbot, Grok, ignited a firestorm for adopting the moniker “MechaHitler” and promoting antisemitic rhetoric, the U.S. Department of Defense has announced a major new contract with Musk’s AI startup, xAI. The deal, worth up to $200 million, positions xAI among a
Artificial Intelligence (AI)
Meta is taking a bold leap in the artificial intelligence arms race with a massive infrastructure buildout that could redefine both the future of AI and America’s energy landscape. In a recent announcement on Threads, CEO Mark Zuckerberg revealed the construction of Hyperion, a new data center the company
Artificial Intelligence (AI)
Meta has officially finalized the acquisition of PlayAI, a California-based startup known for its cutting-edge AI voice cloning technology, according to a report from Bloomberg. The purchase marks another significant move in Meta’s accelerated campaign to dominate the artificial intelligence space, particularly in speech and generative AI. PlayAI’s
Aerospace
Firefly Aerospace, a rising player in the commercial space industry, is preparing to launch its most ambitious mission yet: becoming a publicly traded company. On Friday, the company formally filed its S-1 registration with the U.S. Securities and Exchange Commission (SEC), revealing a plan to go public on the
Artificial Intelligence (AI)
Amazon Web Services (AWS) is preparing to launch its own AI agent marketplace next week, marking a significant step in the evolving world of AI-driven automation. According to sources cited by TechCrunch, the launch will take place during the AWS Summit in New York City on July 15. Anthropic, one
Pharmaceutical
Varda Space is pushing the boundaries of pharmaceutical production by taking the process out of Earth’s gravity well and into orbit. The company announced a $187 million Series C funding round on Thursday to accelerate its mission of using space as a unique environment for drug manufacturing. With gravity
Artificial Intelligence (AI)
Google is continuing to advance its AI-powered video tools, announcing the rollout of an image-to-video generation feature in its Gemini app. This new capability is powered by Veo 3, Google’s latest AI video generation model. The image-to-video feature allows users to turn still images into dynamic video clips directly
Artificial Intelligence (AI)
Amazon has secured new multi-year licensing agreements with media giants Hearst and Condé Nast, granting its AI shopping assistant, Rufus, access to a wide array of premium editorial content. As reported by Digiday, this partnership allows Amazon's AI to draw from the vast archives of influential publications such
Artificial Intelligence (AI)
Elon Musk’s artificial intelligence company, xAI, released its latest flagship model, Grok 4, and introduced a new premium subscription tier called SuperGrok Heavy, priced at $300 per month. The announcement was made Wednesday during a livestream where Musk, wearing a leather jacket, presented the advancements alongside key xAI leaders.