AI News – Jul 28, 2025

– **AI Venture Updates:**
– Lovable, a Swedish startup, raised $200M at a $1.8B valuation, focusing on natural language website and app building, with 2.3M users and $75M ARR.
– Rune Technologies secured $24M for military logistics optimization.
– Hyper raised $6.3M for non-emergency 911 call handling using AI voice agents.

– **Anthropic’s Investment Shift:**
– Anthropic’s CEO pursued investment from the Middle East, aiming to access around $100B capital availability in the region.

– **Sam Altman’s AI and Jobs Perspective:**
– Sam Altman advocates for AI democratization to empower workers for enhanced productivity and job retention.

– **Meta Rejects EU’s AI Code of Practice:**
– Meta declined to sign the EU’s AI Code of Practice, citing concerns over excessive rules and impacts on innovation in Europe.

– **White House AI Action Plan:**
– The White House emphasized US leadership in AI development and a focus on speed and competitive dominance in AI technologies.

– **Energy Challenges in AI Development:**
– PJM Interconnection committed significant funds to address energy demands from AI data centers, signaling the need for power infrastructure upgrades.

– **Amazon’s Entry into Wearables Market:**
– Amazon acquired Bee, a startup offering AI bracelets that record conversations, as part of its entry into the wearables market, potentially enhancing Alexa technology and data collection capabilities.

AI News – Jul 21, 2025

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AI News – Jul 14, 2025

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AI News – Jul 7, 2025

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