Corporate Movements
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Apple eyes generative AI for chip design
Johny Srouji, Apple’s SVP of Hardware Technologies, revealed plans to integrate generative AI into the design of its custom silicon, potentially slashing development time and boosting productivity. Read more -
Meta in talks to hire Nat Friedman & Daniel Gross
Meta Platforms is negotiating to bring on former GitHub CEO Nat Friedman and investor–founder Daniel Gross to strengthen its AI initiatives, part of CEO Mark Zuckerberg’s push to accelerate the company’s AI roadmap. Read more
Startup Innovation
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SandboxAQ drops 5.2M synthetic molecules dataset
The Nvidia-backed spin-out from Alphabet released a massive public dataset of 5.2 million AI-generated 3D molecular structures to train drug-discovery models, aiming to predict drug–protein binding at scale. Read more -
Alta scores $11 M seed round for AI styling agent
Fashion-tech startup Alta, founded by Jenny Wang, closed an $11 million seed round led by Menlo Ventures to launch an AI-powered personal styling agent with virtual avatars. Read more
Product Launches
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Midjourney unveils V1 video model
The popular image-generation platform introduced V1, its first image-to-video tool on Discord that turns a single image prompt into four five-second clips, all for $10/month. Read more -
Canva adds “Create a Video Clip” with Google Veo 3
Canva integrated Google’s Veo 3 video-generation model into Magic Studio, enabling users to produce 8-second cinematic video clips (with synced audio) directly from text or voice prompts. Read more
Governance & Research
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2025 AI Governance Survey exposes readiness gaps
A June 17 report by Pacific AI and Gradient Flow found just 30% of organizations have put generative AI into production, under half maintain incident response playbooks, and only 48% monitor systems for accuracy, misuse, or drift. Read more -
IBM integrates watsonx.governance & Guardium AI Security
IBM rolled out the industry’s first unified platform combining its watsonx.governance governance suite with Guardium AI Security, offering automated red teaming, compliance validation across 12 frameworks (including the EU AI Act), and end-to-end lifecycle monitoring for AI agents. Read more
Policy & Regulation
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Big Tech pushes 10-year moratorium on state AI laws
Amazon, Google, Microsoft, and Meta are lobbying Congress to include a decade-long ban on state-level AI regulation in the federal budget reconciliation bill, an effort that’s split industry and lawmakers over centralized versus local oversight. Read more