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Billion-Dollar Bets, Breakthroughs & Backlash – AI News Roundup (Aug 19–20, 2025)

Billion-Dollar Bets, Breakthroughs & Backlash – AI News Roundup (Aug 19–20, 2025)

Business & Investment: AI Startups Score Massive Funding Breakthroughs in AI Research & Technology Major AI Product Launches & Updates Policy & Regulation: Governments Grapple with the AI Boom Ethics, Society & AI Controversies Conclusion: These past two days underscored that the AI revolution is touching every sphere – from startups raising fortunes to governments crafting rules, from labs making sci-fi breakthroughs to public figures raising red flags. As one CEO put it, there’s a “fundamental shift” underway: the world is moving from merely talking about AI to actually using it in transformative ways reuters.com. With that shift comes excitement,
20 August 2025
Billion-Dollar Bids, Breakthroughs & Backlash – AI News Roundup (Aug 18–19, 2025)

Billion-Dollar Bids, Breakthroughs & Backlash – AI News Roundup (Aug 18–19, 2025)

Arm Holdings hired Amazon AI chip engineer Rami Sinno to lead its plan to design in-house AI chips and chiplets. SoftBank took a $2 billion stake in Intel and also backed a $30 billion OpenAI investment, plus funded the Stargate AI data center project in Ohio with Foxconn. OpenAI launched ChatGPT Go in India at ₹399 ($4.57) per month with 10x higher usage limits than the free tier. Perplexity AI offered a $34.5 billion all-cash bid to acquire Google’s Chrome browser, though Google reportedly rejected the approach. Cohere raised a $500 million Series D valuing the company at $6.8 billion
19 August 2025
Gemini AI’s Big July 2025 – Massive Upgrades, Billion‑Dollar Moves & Global Reactions

Gemini AI’s Big July 2025 – Massive Upgrades, Billion‑Dollar Moves & Global Reactions

On July 1, 2025, Google released Gemini 2.5 Pro and Gemini 2.5 Flash to GA, with Flash-Lite added as a low-latency, low-cost variant. On July 16, 2025, Gemini 2.5 Pro powered Google Search’s AI Mode for premium tiers (Google AI Pro and AI Ultra), introducing Deep Search that autonomously runs hundreds of web searches and returns a fully cited report. In mid-July 2025, Google announced a $2.4 billion Windsurf deal to license technology and hire Windsurf’s team, including CEO Varun Mohan, to advance Gemini’s coding capabilities. On July 2, 2025, BBVA announced deployment of Google Workspace with Gemini across over
20 July 2025
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