Gulf's booming AI hubs face a looming water crisis, with data centers projected to consume over 426 billion liters annually by 2030, straining the region's scarce freshwater resources as traditional cooling systems rely heavily on water.
Fundamental Research Labs secures $33 million to develop AI agents like Fairies, a consumer assistant, Shortcut for financial analysis, and digital humans, focusing initially on productivity apps across various industries.
Amazon braces for a massive $100 billion capital expenditure in 2025, while tech giants Amazon, Meta, Microsoft, and Alphabet unleash a staggering $315 billion investment spree this year, with Amazon's AWS cloud computing unit anticipating 'lumpy' growth in the coming years.
Apple launches an 'Answers, Knowledge, and Information' team to develop a ChatGPT-like system that crawls the web and provides direct answers, aiming to enhance its AI capabilities with potential integration into Siri and other products.
AI agents now integrate directly with enterprise databases, streamlining data access but raising accuracy and security concerns that developers must address through standardized tools or custom integrations.
Google DeepMind's AlphaEarth AI system maps the entire planet's surface using satellite data, compressing petabytes of information into compact summaries, enabling environmental monitoring and data-driven decision-making for conservation and resource management.
Google DeepMind unveils AlphaEarth, an AI model that processes satellite data to generate detailed digital maps of the entire planet, enabling tracking of environmental changes and aiding conservation efforts by organizations like the UN.
Apple surges on a 13% increase in iPhone sales, reporting 10% revenue growth, its biggest since December 2021; CEO Tim Cook vows to 'significantly grow' AI investments, open to acquisitions accelerating its AI roadmap, while seeing a 4% sales boost in China aided by device subsidies.
The U.S. Army unveils a groundbreaking $10 billion enterprise deal with Palantir, revolutionizing its software procurement model to increase agility, transparency, and cost savings through flexible, enterprise-wide licensing agreements.
Breaking news: U.S. GDP soars 3% in Q2 2025, exceeding projections, as Trump's tariffs slash imports by 30.3% while consumer spending climbs 1.4%; Trump pressures Fed for rate cuts, citing 'No Inflation!'