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  • June 2, 2025
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Microsoft Bing gets a free Sora-powered AI video generator

Microsoft Bing announced Monday that it is introducing the Bing Video Creator to its app, which uses OpenAI's Sora model to let users generate videos from text prompts.

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  • June 2, 2025
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Snowflake to acquire database startup Crunchy Data

Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon.

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  • June 2, 2025
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Digg’s founders explain how they’re building a site for humans in the AI era

The rebooted version of social site Digg aims to bring back the spirit of the old web.

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  • June 2, 2025
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Chatbot platform Character.AI unveils video generation, social feeds

Character.AI's new multimedia features include AvatarFX, plus Scenes and Streams, which allow users to create videos featuring their characters and then share them on a new social feed.

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  • June 2, 2025
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Salesforce buys Moonhub, a startup building AI tools for hiring

Salesforce has quietly snapped up Moonhub, a startup building AI to vet and hire talent. The terms of the deal weren’t disclosed. In a post on Moonhub’s website on Monday, the company said that its entire Menlo Park, California-based team will be joining Salesforce, an early investor in Moonhub. “As

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  • June 2, 2025
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Chime, last valued at $25B, aims for $11B in upcoming IPO

Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits, issued a share price range on Monday of $24 to $26. That’s an up-to-$11.2-billion market cap. At the mid-range, the company will raise $800 million for itself and a handful of investors, including European VC powerhouse Cathay

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  • June 2, 2025
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Breakneck data center growth challenges Microsoft’s sustainability goals

Microsoft's sustainability goals are imperiled by its push into AI and cloud services.

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  • June 2, 2025
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IBM acquires data analysis startup Seek AI, opens AI accelerator in NYC

IBM on Monday said that it has acquired Seek AI, an AI platform that allows users to ask questions about enterprise data using natural language, for an undisclosed sum. Seek CEO and founder Sarah Nagy said that the startup’s technology will be a key part of Watsonx AI Labs, IBM’s

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  • June 2, 2025
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Elon Musk’s xAI reportedly looks to raise $300M in tender offer

Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. The secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow staff to sell shares to new investors. The tender offer

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  • June 2, 2025
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Elon Musk says XChat is rolling out to all, but questions remain about its alleged security

Elon Musk on Sunday announced that a new version of X’s Direct Messaging (DM) feature, XChat, was rolling out with support for features like vanishing messages, encryption, and the ability to share files, alongside its audio and video calling support. The new features aren’t yet broadly available, as XChat only

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