MIT spinoff Ferveret raised new funding for its chip cooling technology that significantly reduces the energy and water consumed in cooling the GPU chips that power large AI data centres.
Category: Technology & AI
Google Confirms Antigravity CLI Replaces Gemini CLI for Developers on June 18 2026 as Planned
Google confirmed that its new Antigravity command-line interface officially replaced the older Gemini CLI on June 18 as part of a broader shift toward the Gemini 3.5 agentic model platform.
Smaller Specialised AI Models Continue Gaining Ground Against Frontier Model Giants in Enterprise Sector
Market data showed that smaller domain-specific AI models are increasingly displacing large frontier models in enterprise applications where cost efficiency and predictability matter more than raw capability.
SpaceX Acquires AI Coding Tool Cursor for $60 Billion to Compete with Anthropic and OpenAI
SpaceX confirmed its landmark acquisition of AI coding assistant Cursor for $60 billion aiming to revitalise the company’s AI coding efforts and compete with Claude Codex and other rivals.
xAI Colossus 2 Data Centre Reserved for Elon Musk Internal AI Development Not External Cloud Customers
SpaceX CEO Elon Musk confirmed that the second Colossus data centre will be reserved exclusively for xAI internal training workloads rather than external cloud customers.
Cursor CEO Michael Truell Says SpaceX Partnership Will Help Scale AI Coding Model Called Composer
Cursor’s CEO expressed excitement about the SpaceX partnership calling it a meaningful step on the path to building the best AI-assisted coding environment through their Composer model.
AI-Powered UGC Analysis Tools Now Standard in Large Brand Marketing Departments Global Survey Finds
A global survey of 500 large brands found that AI-powered user-generated content analysis tools have become standard practice in marketing operations at major consumer goods companies.
Google Paying SpaceX $920 Million Per Month for GPU Compute Access at Colossus Data Centre Until 2029
Google signed a compute supply agreement paying SpaceX approximately $920 million per month for access to approximately 110000 NVIDIA GPUs at a SpaceX data centre through June 2029.
India AI Impact Summit Protest Case Delhi Police Crime Branch Takes Over Investigation From Local Police
Delhi Police Crime Branch Inter-State Cell took over investigation of the Youth Congress protest at the India AI Impact Summit from the local police station.
Agentic AI Systems Shift from Chat to Task Completion in Research Coding Legal and Commerce Work
Industry analysts reported in June 2026 that agentic AI systems capable of independently executing multi-step tasks have displaced simple AI chat interfaces across research coding and commerce applications.