AI news flash: Indian serial entrepreneur Bhavin Turakhia (46) self-funded $30 million to found enterprise AI platform Neo. His core argument: workplace software designed before the AI era cannot be upgraded by simply adding chatbots; it must be rebuilt from scratch. He uses the analogy ‘you can’t build an iPhone using Nokia parts’ to illustrate this point. Neo began internal use in April…
AI News Flash: Ashton Kutcher announces departure from Sound Ventures, co-founded with Guy Oseary, to launch a new VC firm with partner Morgan Beller. Sound Ventures is known for concentrated high-conviction bets, focusing its investment strategy on leading AI labs across categories, with a core style of selecting few targets and deep positioning.
AI News Flash: WSJ reports Musk’s SpaceX showed investors a ‘phone-like’ AI device prototype, described as slimmer and more elongated than an iPhone, with a style between a compact touchscreen phone and Rabbit R1. SpaceX privately demonstrated to investors and stakeholders before public disclosure, noting it’s still early stage and design may evolve. Musk himself directly denied the report, calling it ‘completely untrue’.
AI news flash: Samsung and SK Hynix announced an investment of approximately $51.8B to build four new memory fabs in southwestern Korea, plus $520M for an HBM packaging center. President Lee Jae-myung unveiled the plan during a national investment briefing, with tech and energy giants committing $356B to AI data centers by 2035. Combined, Korean industry has pledged over $90B to AI.
AI Breaking News: OKX officially opens its new OKX AI platform to developers at the end of June 2026, a service marketplace specifically designed for AI agents, enabling them to hire each other, settle payments autonomously in stablecoins, and build portable reputation records on the blockchain. The platform launches after closed testing with 50 early AI service providers, targeting developers building crypto applications and individual entrepreneurs looking to automate business via AI agents.
AI news flash: Wix acquired vibe coding platform Base44 for $80 million in just six months with an eight-person team. Now Base44 is launching its own large language model Base1, enabling users to build applications with natural language.
AI News: Fears of AI replacing jobs keep rising. By May 2026, nearly 98,000 US positions had been explicitly marked for ‘AI-driven cuts,’ with some forecasts projecting up to 15% of American jobs could vanish in the next five years. However, after tracking AI spending and workforce data across nearly 22,000 companies, Ramp and Revelio Labs found a counterintuitive signal: companies aggressively adopting AI actually saw faster headcount growth.
AI news flash: California Governor Gavin Newsom signs deal with Anthropic, allowing all state agencies and local governments to use Claude at a discounted rate. Under the deal, government units get access to Claude chatbot plus training and tech support from Anthropic. Newsom says Claude will primarily help state employees…
AI News: Google announces Gemini’s personalized AI image generation feature is now freely available to a broader range of US users. Previously limited to Plus, Pro, and Ultra paid subscribers, all eligible US users can now access it for free starting this week. This feature, called Personal Intelligence, was initially released in April alongside the personal intelligence update…
AI News Flash: After大规模導入 AI and automated quality systems, Ford found actual results fell far short of expectations, deciding to rehire 350 senior engineers, including some former employees and supplier tech experts. COO Kumar Galhotra admitted the company became ’too reliant on automated quality systems’ with disappointing results. Vehicle Hardware Engineering VP Charles Poon admitted the assumption that AI could automatically produce high-quality products from design inputs was wrong.