Anthropic Targets $170B Valuation in New Funding Round

By Rajpalsinh Parmar | July 29, 2025

Anthropic, the leading AI startup rivaling OpenAI, is in talks to raise $3 billion to $5 billion in fresh funding at a staggering $170 billion valuation, according to the latest report. The round is reportedly being led by Iconiq Capital. It shows strong and continued investor frenzy around top AI firms like OpenAI, Anthropic, and many others. Just months ago, in March, Anthropic secured $3.5 billion at a $61.5 billion valuation. The ongoing talks show how quickly the company’s worth is surging as backers scramble for a stake in leading AI players amid a boom in its popularity. The Financial […]

Google’s Gemini 2.5 Adds “Implicit Caching” for Cheaper AI

By Rajpalsinh Parmar | May 9, 2025

The tech giant, Google, launched “implicit caching” for its Gemini 2.5 models to cut costs without the need for manual setup. The feature, which quietly began rolling out this week, promises up to 75% savings on repetitive inputs. This development will provide a big boost to crypto startups that planning to use artificial intelligence (AI) infrastructure. How Google’s New Update Makes Gemini AI More Affordable According to the official blog post, implicit caching allows AI models to recognise and reuse repeated parts of a user’s request. One can think of it like a smart memory. If you often send similar […]

Meltwater Launches Mira to Speed Up AI Media Monitoring

By Rajpalsinh Parmar | May 6, 2025

Meltwater, a global provider of media and social intelligence tools, has launched Mira, which is an AI-based assistant designed to help companies process online information more quickly and efficiently. The new tool was introduced as part of the company’s 2025 Mid-Year Product Release. According to the press release, Mira uses different generative AI and intelligent agents to analyze news and social media conversations. It provides real-time information to users through a chat-based interface. This will replace time-consuming tasks like Boolean searches, dashboard navigation, and manual reporting. How Meltwater’s New AI Tool Will Transform Media Tracking Meltwater says Mira can perform […]

ADNOC Drilling Strikes $806M AI-Backed Deal

By Rajpalsinh Parmar | May 5, 2025

On May 5, ADNOC Drilling announced that it has clinched a fresh $806 million contract to build 3 advanced AI-based offshore rigs. This deal will bring the total count to 6. The deal, awarded by ADNOC Offshore, is part of its major plan to expand its fleet to more than 151 rigs by 2028. ADNOC Drilling Bets Big on AI Rigs Co-developed with China’s Honghua Group, the next-gen rigs will be equipped with artificial intelligence to monitor safety, predict maintenance needs, and optimize performance in real-time, according to the latest report. With extended reach drilling capabilities, they can tackle complex […]

Manchester Agency Launches ComplyAI to Tackle AI Legal Risks

Manchester Agency Launches ComplyAI to Tackle AI Risks

By Rajpalsinh Parmar | May 1, 2025

Manchester-based creative micro-agency BrandXYZ has partnered with national law firm Glaisyers to launch ComplyAI, which is an AI policy service that blends business insight with legal expertise. ComplyAI Simplifies AI Governance The service arrives at a critical time. New research shows that 82% of generative AI users have unknowingly used third-party content in prompts. Meanwhile, 71% of writers are unsure if their companies even have AI guidelines, and 95% of managers express concern over the legality of tools like ChatGPT. According to the report, ComplyAI will offer a practical, three-step approach to simplify AI governance. It starts with an expert-based […]

OpenAI Rolls Back ChatGPT Update After Concerns Over “Too Much Praise”

By Rajpalsinh Parmar | April 30, 2025

OpenAI has rolled back its latest update to ChatGPT after widespread user criticism over what many called an “annoying” shift in personality. The update to GPT-4o released last week was meant to make the chatbot feel more helpful and engaging, but instead, it came off as overly flattering and insincere. OpenAI Admits Sycophancy in GPT-4o In a blog post titled “Sycophancy in GPT-4o: What happened and what we’re doing about it”, OpenAI admitted that it went too far in trying to make the chatbot agreeable. The update leaned heavily on short-term feedback like thumbs-up ratings, which caused the model to […]

Duolingo Goes AI-First, Cuts Contractor Roles

By Rajpalsinh Parmar | April 29, 2025

Duolingo has announced it will begin replacing many of its contract workers with artificial intelligence. The decision was informed through a company-wide email by CEO Luis von Ahn, which reflects the company’s changing stance to turn into an “AI-first” company. “We can’t wait until the technology is 100% perfect,” von Ahn wrote. “We’d rather move with urgency and take occasional small hits on quality than move slowly and miss the moment.” Why Duolingo Shifts to AI The change means Duolingo will prioritize AI in hiring decisions. It means if a task can be automated, it will be, according to the […]

FCA reveals plans to launch live AI testing service

FCA to Launch Live AI Testing Service in September 2025

By Rajpalsinh Parmar | April 29, 2025

The UK’s Financial Conduct Authority (FCA) has revealed plans to launch a live artificial intelligence (AI) testing service in September 2025. According to the official source, the program aims to give financial firms a controlled space to test their AI models before launching them to the market or the public. New FCA Move To Safeguard AI Use in Finance The proposed service, forming part of the FCA’s existing AI Lab, will run for 12 to 18 months. It will also provide regulatory support to firms deploying AI tools that directly interact with consumers or influence markets. FCA chief data, intelligence, […]

EU Prepares Backup Plan as AI Standards Face Delays

By Rajpalsinh Parmar | April 28, 2025

The European Commission has signaled it is ready to step in with temporary solutions if technical standards under the landmark AI Act are delayed. The AI Act is expected to help businesses navigate Europe’s strict new artificial intelligence rules. The standards, originally due by August 2025, are now expected only in 2026, according to CEN-CENELEC, the group responsible for drafting them. EU Moves to Support Companies Amid Delay in AI Standards This delay has raised concerns among companies developing high-risk AI systems, many of which rely on clear guidelines to ensure their technologies meet EU safety and trust standards. “If […]

Arctic Wolf Introduces Cipher to Boost Cybersecurity with AI

By Rajpalsinh Parmar | April 28, 2025

Arctic Wolf today introduced Cipher, a next-generation AI security assistant built into its Arctic Wolf Aurora Platform. Arctic Wolf Launches Cipher According to the press release, it was developed in partnership with Anthropic to help organizations better detect cyber threats. Built into the Aurora Platform, Cipher allows customers immediate access to deeper security insights without relying entirely on human analysts. Cipher uses advanced large language models to summarize alerts, explore vulnerabilities, and identify incident trends. It fetches information from Arctic Wolf’s massive data lake, which processes over 8 trillion security events every week across cloud, endpoint, network, and identity systems. […]

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