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News
Fintech Chime Is Said to Plan IPO Launch as Soon as Monday
Chime, a leading U.S. fintech company, is preparing to file for an IPO as early as next week. The digital banking app could go public later this year, aiming for a valuation of around $30 billion. This would mark one of the biggest fintech IPOs in recent years. Chime has seen strong growth by offering fee-free banking to millions of users.
Samsung may incorporate Perplexity’s AI tech in its phones
Samsung is closing in on an investment in AI search startup Perplexity that would also see the Korean tech giant incorporating the AI company’s tech into its devices, Bloomberg reported, citing anonymous sources.
Meta Aims to Fully Automate Ad Creation Using AI
Meta wants to use AI to create entire ads—from script to video—by 2026. This means advertisers could simply describe what they want, and Meta’s tools will generate the content. The company is also working on AI that can show different ads to different people based on their interests.
In Brazil, the Chinese social media giant TikTok is said to be the latest company planning a supercomputer warehouse that will use vast amounts of water and energy.
Circle raises IPO target to $896M
Circle has increased its IPO target to $896 million amid rising investor interest, growing stablecoin adoption and a more favorable US regulatory environment.
How Hollywood Studios Are Moving Beyond AI Experimentation
At the 2025 “AI on the Lot” conference in Culver City, Hollywood studios showcased a significant shift from cautious exploration to active use of AI in filmmaking. Executives from companies like Amazon Studios discussed integrating generative AI into production workflows, aiming to enhance efficiency and creativity rather than replace human input. This evolution reflects a broader industry trend: moving beyond experimental phases to practical applications that leverage AI tools for better content creation.
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Reads
How Substack Is Remarkably Changing The Game For Good
With over 5 million paid subscriptions, Substack has become the ultimate growth engine for writers. The author explains why so many people turn to this platform instead of traditional social media.
Bond Capital 340-Slide Report on AI Trends
In Bond Capital’s 2025 Technology as Innovation (TAI) Report, Mary Meeker – the famed tech analyst known for her Internet Trends decks – delivers a data-packed analysis of the ongoing AI revolution. The 340-page slideshow emphasizes that the pace of AI development and adoption is historically unprecedented.