AI Image Editor Photoroom Raises $43 Million at a $500 Million Valuation

Musk's xAI Holdings Plans $200 Billion Funding Round, Targeting $1.2 Trillion Valuation

Manus Completes $75 Million Funding Round, Valuation Soars to Nearly $500 Million

According to Bloomberg, Manus AI, a general-purpose AI agent from Chinese startup Butterfly Effect, has secured $75 million in funding. This translates to approximately 547 million RMB and was led by Benchmark, a prominent US venture capital firm, with participation from existing investors. This round catapults Butterfly Effect's valuation to nearly $500 million, a fourfold increase, reflecting strong market confidence in its product. Image note: Image generated by AI, image rights reserved.

Elon Musk's xAI Sparks Pollution Controversy in Memphis

Elon Musk's AI company, xAI, has recently sparked controversy in Memphis, Tennessee. The company is building a massive supercomputer in the area to support its operations. However, since the supercomputer became operational last summer, community residents and environmental activists have stated that the facility has become one of the main sources of air pollution locally. Image Note: Image generated by AI, image licensing service Midjourney. In response to these concerns, the Memphis City Health Department has scheduled a first public hearing for Friday.

Apple's AI Strategy Overhaul: After Siri Shakeup, Mysterious Robotics Team Moves to Hardware Division

Tech giant Apple recently made another significant adjustment to its artificial intelligence (AI) division. According to sources, Apple plans to transfer its secretive robotics team from the purview of AI chief John Giannandrea to senior vice president of hardware engineering, John Ternus, later this month. This follows the March move of the underperforming Siri voice assistant business away from Giannandrea. A series of...

Google I/O 2025 Outlook: Material 3, Android XR, and Generative AI Reshape Developer Experience

At this morning's Google I/O 2025 conference, Google announced a series of exciting new technologies, further showcasing its latest advancements in artificial intelligence, immersive experiences, and developer tools. Here are the major highlights we can expect: 1. Material 3 Expressive: The Future of Expressive Design. Google will unveil Material 3 Expressive at the conference, a new design system described as "the future of Google's user experience design." Material 3 Ex...

Buffett's $265 Billion Portfolio Reveals Four Promising AI Stocks?

Warren Buffett, the legendary investor who has helmed Berkshire Hathaway since 1965, is renowned for his incredible long-term returns. While he's known for avoiding market fads, over a third (34.4%) of his $265 billion portfolio is invested in four companies actively embracing Artificial Intelligence (AI). What's the story? The unexpected intersection of Buffett's investment philosophy and AI.

Manychat Secures $140M in Funding to Fuel AI-Powered Messaging Platform

In today's world brimming with AI and chatbots, truly useful tools for businesses and consumers are rare. Manychat, a startup succeeding in this space, recently announced a $140 million Series B funding round led by Summit Partners. Founded in 2015, Manychat provides businesses with tools for managing and automating conversations across multiple messaging channels. The company currently serves over 170...

BMW to Integrate DeepSeek AI in New China Models

At a recent auto show in Shanghai, German automaker BMW announced it will integrate artificial intelligence technology from Chinese startup DeepSeek into its new models later this year. BMW CEO Oliver Zipse said at the show that the move marks a further strengthening of the company's collaboration with local tech companies in the Chinese market. Zipse emphasized China's rapid pace of innovation in AI and BMW's desire to leverage the technology to enhance the intelligence of its vehicles.

Sentra Secures $50 Million in Series B Funding to Help Enterprises Secure Data in the Age of AI

Brellium, a Startup, Secures $16.7 Million in Funding to Advance AI-Powered Medical Record Review