SpaceX injects $2 billion into Elon Musk's xAI, which merges with X at a staggering $113 billion valuation, integrating Grok chatbot and intensifying AI rivalry with OpenAI through massive model training and infrastructure investments.
Meta bolsters its AI capabilities by acquiring Play AI, a startup that generates human-sounding voices using AI, aligning with Meta's roadmap for AI characters, Meta AI, wearables, and audio content creation.
Amazon unveils Kiro, an AI-powered IDE streamlining the prototype-to-production pipeline, leveraging Claude's language models for spec-driven development with user stories, design documents, and automated task management, now in public preview with free and paid tiers.
In a potential industry-shaking move, Meta, the tech giant behind Facebook, weighs developing closed AI models, risking backlash from open source advocates as it seeks to monetize AI beyond advertising and retain top talent with high salaries.
Cognition, maker of AI coding agent Devin, expands its AI coding capabilities by acquiring Windsurf, an AI coding startup, gaining its AI-powered IDE, user base, and employees not hired by Google in a recent deal.
Elon Musk's AI chatbot SuperGrok introduces provocative anime avatars 'Ani' and 'Rudy', with Ani featuring an 'NSFW' lingerie mode and another AI character 'Chad' reportedly in development.
Meta unveils plans for massive water-guzzling data centers to power AI and pursue superintelligence, raising concerns over straining local water resources, potential shortages, and higher prices for communities.
Prime Day triggers a $24 billion spending spree across US e-commerce sites, up 30.3% year-over-year, while GenAI traffic to retail platforms skyrockets 3,300% as shoppers leverage AI for product research and purchases.
AI's skyrocketing electricity demand, projected to more than double by 2030, fuels both opportunities to cut costs, enhance competitiveness, reduce emissions through energy sector innovation, and the urgent need for countries to invest in power generation, grids, data center efficiency, and cross-industry collaboration.
Driven by AI's insatiable energy demands, data centers' electricity consumption is projected to double by 2030, with the US, Europe, and China accounting for 85% of current energy guzzling.