CHAI AI, a Silicon Valley-based startup, has secured additional funding rounds, bringing its total investment to over $55M. Backed by individual investors Ken Howery and Bill Elmore, as well as companies CoreWeave and AMD, CHAI aims to build a platform for user-generated AI. With 10 million users and an ARR of $40M, the company has grown significantly since its launch in 2021, predating ChatGPT and Character AI.
https://www.prnewswire.com/news-releases/chai-ai-total-funding-over-55m-302497240.htmlAI-WiseLink's core breakthrough is its Trinity AI Entrepreneurship Mentor System, which provides hierarchical services through three AI digital humans. The system features Zhixing Senior Mentor, a 10 million-word knowledge base catering to researchers and serial entrepreneurs, offering academic-level decision support. Yuting Entrepreneurship Consultant focuses on first-time entrepreneurs with practical content and multimodal interaction for psychological counseling and team building. Xiaotong Mentor Assistant teaches basic entrepreneurship knowledge through generative AI case analysis to students and enthusiasts. The platform has achieved 7×24-hour service with fast response times, serving over 5,000 global users daily, primarily from the WeChat ecosystem.
https://www.manilatimes.net/2025/07/03/tmt-newswire/plentisoft/chinas-first-vocational-college-developed-ai-agent-entrepreneurship-support-system-launches-super-individual-model-empowers-global-entrepreneurs/2143032A Chinese AI company's models have surprisingly performed well, ranking second or third in several cases, only to be surpassed by OpenAI's ChatGPT and Google's Gemini, while outperforming Perplexity, xAI's Grok, and Anthropic's Claude.
https://www.pymnts.com/artificial-intelligence-2/2025/remember-deepseek-many-adopt-its-ai-models-despite-security-concerns/Clark Atlanta University has partnered with IBM to enhance its students' AI skills through the IBM SkillsBuild program. Dr. Charlene D. Gilbert, Provost and Senior Vice-President for Academic Affairs, emphasizes the importance of community-driven AI development. Justina Nixon-Saintil, IBM VP and Chief Impact Officer, notes that skilled talent is crucial in the rapidly evolving AI landscape. The partnership offers faculty training, practical learning opportunities through access to IBM's watsonx and Granite products, and hands-on labs for students. Students will have access to innovation challenges, capstone projects, and free generative AI courses, equipping them with essential skills to build real-world solutions.
https://www.prnewswire.com/news-releases/clark-atlanta-university-announces-collaboration-with-ibm-to-cultivate-ai-skills-among-students-and-aspiring-developers-302497343.htmlChinese AI startup DeepSeek has unveiled its open-source large language model DeepSeek-R1, sparking intense discussion about its superiority in cost and reasoning abilities compared to OpenAI's leading models. The model was trained using NVIDIA's lower-cost H800 GPUs, resulting in training costs of $5.6 million, significantly less than Meta and Google's billions spent on high-performance GPUs.
https://www.japantimes.co.jp/commentary/2025/07/03/japan/sputnik-moment-in-global-ai-race/Ford CEO Jim Farley has warned that artificial intelligence will replace half of all white-collar workers in the US. This prediction is echoed by JPMorgan's Marianne Lake, who expects a 10% reduction in operations headcount due to AI deployment. Amazon CEO Andy Jassy has also cautioned staff about a smaller corporate workforce, attributing it to the "once-in-a-lifetime" nature of AI technology. Anthropic CEO Dario Amodei predicts that half of all entry-level jobs could disappear within five years, potentially leading to 20% US unemployment.
https://www.pymnts.com/artificial-intelligence-2/2025/ford-jpmorgan-amazon-executives-predict-deep-job-cuts-as-ai-advances/Gartner predicts that agentic AI will become increasingly important, with AI bots expected to handle at least 15% of daily decision-making by 2028 and nearly all enterprise software tools incorporating agentic AI capabilities by the same year. However, current models lack maturity and agency, leading to inflated expectations and questionable implementations. Analyst Anushree Verma notes that effective deployment and management are crucial for agentic AI to deliver tangible value.
https://www.techspot.com/news/108499-gartner-warns-agentic-ai-projects-fail.htmlThe European Commission has delayed the publication of a code of practice for large language models (GPAI) by more than six months, potentially until the end of 2025, due to calls from companies like Google and Meta Platforms, as well as EU governments, for a delay. Alphabet's Google, Meta Platforms, European companies such as Mistral and ASML, and several EU governments have expressed concerns about implementing the Artificial Intelligence Act's GPAI rules.
https://channelnewsasia.com/business/code-practice-help-companies-ai-rules-may-come-end-2025-eu-says-5218701Microsoft's recent layoffs are sparking concerns that the company is shifting its focus towards artificial intelligence (AI) and cloud computing, potentially reducing the need for human programmers. CEO Satya Nadella has stated that a significant portion of Microsoft's code may be written by AI, but the latest job cuts appear to target slower-growing areas such as Xbox, rather than AI-driven projects.
https://www.euronews.com/business/2025/07/03/microsoft-said-it-would-cut-9000-jobs-as-tech-giant-bets-on-ai