Category Archives: Tech

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xAI raises $10B in debt and equity

Posted on July 1, 2025 by Techme101

Elon Musk’s AI company, xAI, has raised $5 billion in debt and $5 billion in equity, Morgan Stanley said on Monday.

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Web giant Cloudflare to block AI bots from scraping content by default

Posted on July 1, 2025 by Techme101

Starting Tuesday, every new web domain that signs up to Cloudflare will be given the option to allow — or block — AI crawlers.

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Cloudflare launches a marketplace that lets websites charge AI bots for scraping

Posted on July 1, 2025 by Techme101

Cloudflare, a cloud infrastructure provider that serves 20% of the web, announced Tuesday the launch of a new marketplace that reimagines the relationship between website owners and AI companies — ideally giving publishers greater control over their content. For the … Continue reading →

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Elon Musk’s xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI

Posted on July 1, 2025 by Techme101

The funding will go towards xAI’s efforts to build out its AI infrastructure and develop its Grok chatbot.

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China’s Huawei open-sources AI models as it seeks adoption across the global AI market

Posted on July 1, 2025 by Techme101

Huawei has open-sourced more of its AI models. Tech experts say it’ll help the U.S.-blacklisted company continue to expand throughout the AI ecosystem.

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As nations build ‘sovereign AI,’ open-source models and cloud computing can help, experts say

Posted on July 1, 2025 by Techme101

Panelists at CNBC’s East Tech West 2025 in Thailand discussed how emerging nations can begin to build their own “sovereign AI.”

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Amazon CEO Jassy says AI will lead to ‘fewer people doing some of the jobs’ that get automated

Posted on July 1, 2025 by Techme101

Amazon CEO Andy Jassy said that while the company continues to hire for AI, some jobs will require fewer employees because of automation.

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Sri Mandir keeps investors hooked as digital devotion grows

Posted on July 1, 2025 by Techme101

AppsForBharat, the Indian startup behind the Hindu devotional app Sri Mandir, has raised $20 million in a new round — just over nine months after securing $18 million — as the app continues to attract not only devotees but also … Continue reading →

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Legal software company Clio drops $1B on law data giant vLex

Posted on July 1, 2025 by Techme101

Clio, last valued at $3B, makes a bet on AI-powered legal data provider

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Stablecoin issuer Circle applies for a national bank charter

Posted on June 30, 2025 by Techme101

Circle Internet Group, which debuted on the New York Stock Exchange earlier this month, has applied for a bank charter.

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