NewsFeed

July 14, 2025

NTT DC REIT Lists on Singapore Exchange

Singapore's stock market saw its largest listing in eight years on Monday with the debut of NTT DC REIT, a US$773 million real estate investment trust focused on data centres. Backed by Singapore's sovereign wealth fund GIC and Japan's NTT group, the trust is expected to boost the Singapore Exchange (SGX), which has seen lacklustre interest for major listings in recent years. The listing comes as demand for data centres grows due to the global need to store massive amounts of digital data and run energy-intensive AI tools, with power usage projected to rise by 27.5% annually from 2024 to 2027.

https://channelnewsasia.com/singapore/singapore-stock-market-sgx-biggest-ipo-ntt-dc-reit-5236831

July 14, 2025

Nvidia CEO Warns of China Chip Ban Fears

Nvidia's CEO, Jensen Huang, says China's military is unlikely to use US-made AI chips due to the country's strict regulations and concerns over intellectual property theft.

https://news.bloomberglaw.com/artificial-intelligence/nvidias-huang-says-chinas-military-unlikely-to-use-us-ai-chips

July 14, 2025

Tesla Board Backs $1 Billion xAI Investment Proposal

Elon Musk has confirmed that Tesla shareholders will decide on the investment in xAI, a technology company focused on artificial intelligence. The decision comes after Tesla's board of directors recommended investing $1 billion in xAI. This move is part of Tesla's efforts to expand its presence in the AI market and improve its autonomous driving capabilities.

https://www.livemint.com/companies/news/elon-musk-confirms-tesla-will-let-shareholders-decide-on-xai-investment-details-here-11752468839869.html

July 14, 2025

Tesla Considers Investing in xAI Chatbot Developer

Tesla Inc. plans to poll its shareholders on investing in xAI, a Grok chatbot developer, after SpaceX was reportedly prepared to invest $2 billion into the company. Elon Musk made the announcement in response to a post on X, stating that any decision to back the startup wasn't his to make.

https://news.bloomberglaw.com/capital-markets/musk-suggests-tesla-shareholders-will-vote-on-xai-investment

July 14, 2025

Andreessen Horowitz Acquires PlayAI for Voice Tech Boost

A company is acquiring PlayAI at a time when voice-based AI agents are surpassing human labor in industries such as healthcare and retail. According to Olivia Moore, a partner at venture capital firm Andreessen Horowitz, voice is the most powerful unlock for AI application companies, allowing businesses to respond to customers around the clock. Research by PYMNTS Intelligence found that 17.9% of consumers on average use voice technology to shop, with Gen Z consumers shopping by voice each week.

https://www.pymnts.com/meta/2025/meta-buying-voice-ai-startup-playai/

July 14, 2025

SAFE Unveils AI-Powered Risk Management Tools

SAFE, a leader in autonomous Third-Party Risk Management (TPRM), has expanded its Agentic AI strategy with the release of new AI agents, including SnapShot and BreachWatch, which help organizations proactively organize AI summaries and identify third-party breaches. The company's platform automates the most painful work of identifying, prioritizing, and remediating third-party risk, replacing complexity with clarity and manual effort with machine precision. With over 25 AI agents, SAFE is redefining how enterprises handle third-party risk across the full lifecycle, enabling faster decision-making and reducing cycle times for Fortune 1000 companies like a senior security leader who has seen "faster vendor reviews, clearer prioritization, and greater confidence in the decisions we present to the business".

https://www.prnewswire.com/news-releases/safe-accelerates-tprm-innovation-with-agentic-ai-automating-what-legacy-platforms-miss-302504547.html

July 14, 2025

Coveo, Salesforce Expand Partnership with Model Context Protocol

Coveo, a leader in AI-Relevance, is expanding its partnership with Salesforce through the Model Context Protocol (MCP) activation on AgentExchange. This collaboration aims to enhance the ability of AI agents to access relevant and secure enterprise data, reducing hallucinations and ensuring reliable outcomes. With MCP Server, Coveo will provide critical retrieval layers for AI agents, addressing fragmented data challenges. The partnership complements Coveo's existing application on AgentExchange, which simplifies intelligent self-service experiences with AI-powered assistance. Salesforce CEO Brian Landsman sees this expansion as a key step in empowering businesses to participate in the AI agent economy and delivering enterprise-grade solutions through the AgentExchange ecosystem.

https://www.prnewswire.com/news-releases/coveo-will-join-the-expansion-of-agentexchange-with-mcp-servers-accelerating-ai-adoption-for-enterprises-302503578.html

July 14, 2025

Market Logic Software Empowers Global Brands with Insights

Market Logic Software, a leading SaaS provider of market intelligence and insights solutions, has helped hundreds of consumer-focused brands worldwide, including Unilever, Vodafone, Bayer, and Tesco, transform into insights-driven businesses. The company's platform, powered by its special purpose AI for Insights technology DeepSights, enables insights teams and business decision makers to turn trusted insights into impact at scale and speed.

https://www.prnewswire.com/news-releases/new-independent-analysis-reveals-significant-business-benefits-of-implementing-deepsights-by-market-logic-302503507.html

July 14, 2025

OpenAI Accused of Trademark Infringement in California

OpenAI has been accused of violating the "io" trademark ban by using the term in its logo and marketing materials, according to Aruni Soni, an IP reporter at Bloomberg. The Open AI logo was spotted on a laptop in California in December 2023.

https://news.bloomberglaw.com/ip-law/openai-ive-accused-of-brazenly-violating-io-trademark-ban