Twelve elite US venture capital firms capture over half of all venture funding in early 2025, with Founders Fund raising a massive $4.6 billion while 44 first-time managers struggle to collectively raise just $1.8 billion amid record 15.3-month fundraising timelines.
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.
A three-tier architecture - Foundation for trust via tool orchestration and data governance, Workflow for structured autonomy through prompt chaining and routing, and Autonomous for responsible enterprise AI deployment - enables controlled and responsible AI adoption.
OpenAI unveils an AI-powered web browser, integrating its Operator web-browsing agent, challenging Google Chrome's dominance and gaining direct access to user data.
Postman introduces Flows, a no-code platform empowering teams to build AI-powered workflows and intelligent agents that automate tasks, make real-time decisions, and redefine software without coding, enabling a broader class of builders to create intelligent systems collaboratively.
Venture capitalists pour millions into AI-driven fashion startups, with $162 million invested in 2022 alone; AI revolutionizes trend forecasting, design tools, personalization, virtual try-ons, smart manufacturing, and sustainability for the fashion industry.
CoreWeave, a leading cloud computing company, acquires rival Core Scientific in a massive $9 billion all-stock deal, eliminating $10 billion in future lease obligations and gaining ownership of 1.3 gigawatts of data center capacity, solidifying its position in the rapidly growing cloud market.
Groq, an AI semiconductor startup, launches its first European data center in Helsinki, Finland through a partnership with Equinix, enabling rapid expansion of AI services in Europe with the deployment taking only 4 weeks from decision to serving traffic.