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Latest AI News: August 1, 2025

Stay informed with our daily curated artificial intelligence news and insights. We bring you the most important updates in AI, machine learning, and emerging technologies.

Mackenzie Ferguson

Edited By

Mackenzie Ferguson

AI Tools Researcher & Implementation Consultant

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BlackRock Restructures: 300 Layoffs Announced in Strategic Move

June 10, 2025

BlackRock, the world's largest asset manager, has announced a strategic realignment that will result...

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BlackRock's Strategic Realignment: Layoffs Amid Growth and Acquisitions

June 7, 2025

In a notable shift, BlackRock is set to lay off 300 employees, marking its second round of job cuts ...

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AI Could Upend Smart Beta Investing, Warns Pioneer Rob Arnott

May 28, 2025

Rob Arnott, a smart beta pioneer, voices caution about the potential disruptions AI could bring to i...

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Elon Musk's xAI Looks to Hit New Heights with Fresh Valuation Push

April 22, 2025

Elon Musk's AI venture, xAI, is reportedly eyeing a new valuation through a potential funding round,...

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Elon Musk's xAI Teams Up with Microsoft and BlackRock for a Whopping $47.4 Billion AI Venture

March 20, 2025

Elon Musk's startup xAI joins forces with Microsoft, BlackRock, and Abu Dhabi's MGX to launch a mass...

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Nvidia and xAI Join Forces with BlackRock and Microsoft in a $30 Billion AI Venture

March 20, 2025

In a groundbreaking collaboration, Nvidia and xAI are teaming up with tech giants BlackRock and Micr...

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Widespread Layoffs Hit Major US Companies: Microsoft, BlackRock, and Ally Lead the Pack

March 10, 2025

The new year has brought a wave of layoffs across major US companies, with tech giants Microsoft, fi...

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American Federation of Teachers Challenges Tesla's Valuation Amid Stock Drop

February 28, 2025

The American Federation of Teachers is raising alarms over Tesla's steep 30% drop in stock value in ...

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Groq Makes a Bold Move with $640M Funding to Take on Nvidia

December 27, 2024

AI chip startup Groq has raised a hefty $640 million in Series D funding, bringing its valuation to ...

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BlackRock's Bold Leap: Billionaires Born from Private Markets and HPS Deal

December 26, 2024

BlackRock's strategic acquisition spree, led by CEO Larry Fink, is reshaping the landscape of privat...

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