MVB (Meta Ventures Berlin), a program supporting early-stage Web 3.0 builders, will launch its Season 10 with an online start this week. The season will conclude with a two-day offline event in New York City and feature a demo day where participants can showcase their projects to YZi Labs investors. Fifteen new projects have been selected for the program, bringing the total number of incubated projects since 2021 to over 200. RICE AI and Whitebridge Network are among the companies that have received investments from YZi Labs after being part of previous MVB cohorts.
Analyst Bracelin has initiated coverage of Palantir stock with a "Buy" rating, setting a new Street-high price target of $170 for a potential 9.8% upside. He expects significant growth in the company's two prime markets, government contracts and U.S. commercial sectors, driven by rapidly growing demand for artificial intelligence (AI). Bracelin forecasts Palantir's revenue to reach $24 billion annually by 2032, with its U.S. government business potentially exceeding $10 billion by 2030. The analyst notes that Palantir has a unique growth and margin model, with a free cash flow margin exceeding 40%, and recommends watching the stock on dips due to its potential as a big winner in the AI revolution.
Comet ML Inc., an AI startup, is trying to use Perplexity AI Inc.'s own chatbot against it in a trademark dispute. The company argues that even its own technology confuses the two companies' products, as Perplexity's AI-powered browser was recently allowed to launch under the "Comet" name while the case proceeds.
The UK's National Crime Agency has announced that several major platforms, including X (formerly Twitter), Bluesky, Reddit, and Grindr, have committed to implementing age assurances to prevent minors from accessing harmful content. The regulator has launched a monitoring program focusing on popular sites such as Facebook, Instagram, TikTok, Roblox, and YouTube, requiring them to submit reviews of their risk assessments by August 7 and practical safety actions by September 30.
Global crypto scams have seen a significant surge of 456% between May 2024 and April 2025, relying heavily on AI-generated voices, deepfake videos, and false credentials to deceive victims. TRM Labs' Ari Redbord testified before Congress, stating that these scams are highly effective due to their realistic nature. Scammers have been using AI to replicate the voice of loved ones, tricking victims into transferring money under false pretenses. The threat is particularly prevalent in high-density cities like New York, Miami, and Los Angeles, with recent cases involving a Vietnam-based ring targeting Russian-speaking Brooklynites through fake Facebook investment ads.
The global entertainment and media (E&M) industry is shifting towards advertising as the leading revenue driver, driven by the impact of artificial intelligence (AI). Despite economic uncertainty and reduced consumer spending, the industry is expected to continue growing, with advertising playing a crucial role. The three main E&M categories - connectivity, advertising, and consumers - are expected to grow at different rates, with advertising growing three times faster than consumers. Digital formats will dominate 72% of total ad revenue by 2029, driven by AI and hyper-personalization. The rise of connected TV is also expected to drive growth, with ad revenue increasing from $5.9 billion in 2020 to $51 billion in 2029. However, the industry faces challenges, including declining consumer spending on non-digital forms of entertainment, such as live music, events, and cinema tickets. The global video game market is a bright spot, expected to grow at a CAGR of 5.7% by 2029. Emerging markets, particularly India and Indonesia, are driving growth, with the Indian internet advertising market growing at a CAGR of 15.9%. Experts warn that entertainment and media companies must adapt to changing consumer behavior and leverage AI-powered marketing strategies to remain competitive.
Commvault has acquired Satori Cyber to enhance its cyber resilience platform with real-time controls and deep visibility into structured and AI training data. The acquisition will offer customers a unified approach to securing sensitive data and AI pipelines, providing comprehensive oversight of information assets. With the integration, Commvault aims to simplify compliance efforts and mitigate security and privacy risks for businesses incorporating more AI-driven processes.
The Sovereign Fund of Canada (GIC) is using artificial intelligence to play the role of a "devil's advocate" in its deal-making process, helping to identify potential pitfalls and risks before investing in deals. This AI-powered approach aims to improve the fund's decision-making and reduce the risk of costly mistakes.
QuickBooks has evolved into an AI-powered business platform, helping small businesses reduce manual workload and improve financial insights. In 2025, a growing trend is seen where small businesses are actively incorporating AI into their systems. QuickBooks' built-in AI tools simplify finances and support smarter decisions through features like expense categorization, invoicing, and forecasting, which benefit from machine learning that improves over time. This integration makes advanced tools accessible to business owners without technical expertise, allowing them to focus on growth and strategy rather than day-to-day bookkeeping.