NewsFeed

June 20, 2025

Microsoft Revises Deal with OpenAI Amid Antitrust Concerns

Microsoft and OpenAI are revising terms of their deal, with executives considering accusations of anticompetitive behavior. The companies are discussing a future equity stake in OpenAI, amid Microsoft's multibillion-dollar investments that have positioned it as a leading player in the AI space.

https://www.manilatimes.net/2025/06/20/business/foreign-business/microsoft-to-ditch-talks-with-openai/2136530

June 20, 2025

Napster's Sam Huber Sees AI Future in Immersive Experiences

Napster's global president, Sam Huber, discussed the future of AI in immersive experiences, stating that it enables creating unforgettable experiences for fans and artists alike. This concept was explored through a conversation with industry leaders, including John Acunto, Damien Escobar, Jason Harvey, Annelies Jansen, Devin Lars, Lucinda Martinez, Shannon Pruitt, Layla Revis, and Rebecca Stewart, who shared their perspectives on the intersection of AI and immersive experiences in music and beyond.

https://www.adweek.com/media/music-media-ai-and-the-future-of-co-creation/

June 20, 2025

Neysa Raises $53M for AI Cloud Platform

Neysa has raised $53 million from investors including Nexus Venture Partners, Z47, and NTTVC, with strategic contributions from Sanghi and other industry leaders. Sanghi estimates India's AI market growth will triple to $22 billion by 2027, driven by sectors such as BFSI, healthcare, government, research, and manufacturing. Neysa aims to make AI simpler, faster, and more accessible without the overhead of building everything from scratch, with a goal to be the go-to AI cloud platform for businesses serious about scaling AI.

https://www.forbesindia.com/article/ai-special-2025/anindya-das-and-sharad-sanghis-neysa-democratising-ai-adoption-for-enter-prises/96239/1

June 20, 2025

NTT Secures $16.3 Billion Deal with ARM Holdings

NTT, a Japanese conglomerate, has secured backing for a $16.3 billion deal to take over the artificial intelligence arm of British chipmaker ARM Holdings. The acquisition is expected to create a global leader in AI technology.

https://www.livemint.com/companies/news/ntt-secures-backing-for-16-3-billion-deal-to-take-over-ai-arm-11750395452453.html

June 20, 2025

Roblox Enables AI-Generated Content Monetization for Creators

The metaverse platform Roblox is allowing creators to monetize their AI-generated content through various channels. For instance, popular creator Badaboom has earned millions by selling his AI-generated music on the platform. Similarly, other creators can sell their podcasts, movies, and shows on platforms like YouTube Premium or Netflix. Virtual concerts can be streamed on platforms like Twitch, while regular posts can be monetized through social media platforms like Patreon.

https://www.gulftoday.ae/business/2025/06/20/the-social-media-platform-transforming-content-into-currency-with-ai-meet-mary-spio-the-genius-behind-it

June 20, 2025

Scale AI Recruits GitHub's Nat Friedman for Talks

Scale AI has acquired a significant stake and recruited its CEO to lead its superintelligence team, now in advanced talks with two prominent figures: Nat Friedman, former CEO of GitHub, and Daniel Gross, co-founder of Safe Superintelligence (SSI).

https://www.ibtimes.sg/building-ai-super-team-after-alexender-wang-meta-discussion-hire-nat-friedman-daniel-gross-80416

June 20, 2025

SK Group, Amazon Build AI Data Center in Ulsan

SK Group and Amazon Web Services (AWS) are collaborating to build the largest AI data center in South Korea, located in Ulsan. The facility, set to house 60,000 cutting-edge graphics processing units (GPUs), will be dedicated to artificial intelligence (AI) operations. This project is part of AWS's efforts to expand its cloud server capabilities and solidify its position ahead of the upcoming "Games on AWS" conference.

https://koreajoongangdaily.joins.com/news/2025-06-20/business/industry/SK-Group-AWS-join-hands-to-build-513-billion-AI-data-center-Koreas-largest/2335079

June 20, 2025

Texas' Blacklock Considers Banning Courtroom AIs

Texas Chief Justice Jimmy Blacklock is open to banning artificial intelligence (AI) across state courts, citing its potential impact on legal proceedings. This move would be a significant step in addressing concerns about AI's role in the justice system.

https://news.bloomberglaw.com/litigation/texas-chief-justice-open-to-banning-ai-use-across-state-courts

June 20, 2025

Texas Chief Justice Considers Banning AI from Courts

Texas Chief Justice Jimmy Blacklock is open to banning artificial intelligence (AI) across state courts, citing its potential impact on legal proceedings. The nuclear option for AI regulation is being considered by the Texas Supreme Court, which could lead to an unprecedented response to the role of AI in the courts.

https://news.bloomberglaw.com/ip-law/texas-chief-justice-open-to-banning-ai-use-across-state-courts