Dynamix Corporation III Raises $175M SPAC to Target AI, Energy, and Digital Assets
Dynamix Corporation III has raised $175 million in an upsized IPO, with plans to acquire a company in the AI, energy, or digital asset sector.
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Dynamix Corporation III has raised $175 million in an upsized IPO, with plans to acquire a company in the AI, energy, or digital asset sector.
Google and Reliance Jio have struck a deal to offer its Gemini 2.5 Pro AI platform free for 18 months to over 500 million Jio users in India, marking a bold push into one of the world’s fastest-growing digital markets.
Pony.ai has become the first company to receive a permit to operate robotaxis across all of Shenzhen, marking a major milestone for China’s autonomous vehicle industry.
Google and Reliance Industries have teamed up to bundle Google’s AI Pro subscription with Jio 5G plans in India, offering 18 months of free access to Gemini and related tools.
OpenAI’s updated Sora 2 app introduces “character cameos,” allowing users to create reusable AI avatars, along with new video stitching and leaderboard features.
Universal Music Group reached a landmark settlement and licensing deal with AI startup Udio, resolving copyright disputes and paving the way for a new AI-powered music platform.
Figma has acquired Tel Aviv–based AI media startup Weavy, rebranding it as Figma Weave. The 20-person team will integrate advanced image and video generation tools into Figma’s design ecosystem.
Microsoft expands its TechSpark initiative through partnerships with TitletownTech and NJ AI Hub, providing AI and high-performance computing tools to accelerate scientific discovery.
Schneider Electric beat Q3 revenue estimates as demand for AI-powered data centers drives growth. U.S. expansion plans and supply chain strategies support the momentum.
Alphabet, Microsoft, and Meta announced higher capital expenditures as they invest in AI and data centers. Investors favored Alphabet for its strong cash flow coverage.