$38B AI Data Center Financing; Google Gemini Grows AI Market Share
Key Takeaways
- JPMorgan and Mitsubishi UFJ led $38B financing for Oracle AI data centers in Texas, Wisconsin.
- Google's Gemini chatbot doubled web traffic to 12.9% of AI market share.
- AI startups raised $450M; Andreessen Horowitz seeks $10B for AI investments.
- Instagram launched AI Restyle tools for Stories, rolling out across multiple countries.
- Turbo AI note-taking app reached five million users and eight-figure revenue.
Top Stories
Major $38B AI data center financing and US regulatory push to speed grid approvals
On October 23-27, 2025, JPMorgan and Mitsubishi UFJ led a $38 billion debt offering for Oracle-related AI data centers in Texas and Wisconsin. Concurrently, US Energy Secretary urged FERC to cut data center grid approval times to 60 days, amid Bank of England scrutiny of AI sector lending.
Google Gemini grows AI market share amid AGI race and bullish AI-driven markets
On October 23, 2025, Google's Gemini chatbot doubled web traffic, capturing 12.9% of the AI market as ChatGPT's share declined. Meanwhile, US and China AI firms race toward AGI, and experts foresee broader market gains driven by AI productivity.
AI startups raise over $450M; Andreessen Horowitz seeks $10B for AI investments
In October 2025, AI startups across biotech, software, and other sectors secured $450 million in funding, including Kardigan's $254 million Series B. Andreessen Horowitz is pursuing $10 billion to invest further in AI startups.
Instagram launches AI-powered Restyle tools for Stories globally
On October 23, 2025, Instagram introduced AI Restyle Text, Video, and effect discovery tools for Stories, rolling out across multiple countries including the US and India. These tools enhance user creativity with AI-generated fonts and filters.
AI apps enhance personal planning and note-taking with millions of users
On October 23, 2025, AI tools like ChatGPT were recommended for planning local activities, while Turbo AI, an AI note-taking app, reached five million users and eight-figure revenue, expanding beyond students to professionals.
AI Culture
AI personalities gain popularity while human-made viral content challenges AI aesthetics
On October 23, 2025, AI creators like 'Granny Spills' gained millions of followers and brand deals, while Chinese creator Tianran Mu went viral with a fully human-made video mimicking AI aesthetics. This highlights the evolving AI content landscape.
AI Ethics
Two US judges admit staff misused AI tools for court orders, prompting reforms
On October 23, 2025, Judges Wingate and Neals acknowledged staff errors using AI tools like ChatGPT to draft orders, leading to corrections and new AI policies. Senator Grassley called for judiciary-wide AI guidelines to protect fairness.
App Updates
Microsoft launches and updates Edge Copilot Mode with AI features
On October 23, 2025, Microsoft launched Copilot Mode for Edge browser with AI assistant features and later updated it with Copilot Actions and Journeys in a US-only preview. These enhancements aim to boost AI capabilities and personalized browsing, reflecting intense AI competition.
Snapchat makes Imagine Lens AI image-generation free for US users
On October 22, 2025, Snapchat released its Imagine Lens AI image-generation tool free for all US users, enabling custom AI edits on Snaps amid competition with Meta AI and OpenAI. Plans include expansion to Canada, UK, and Australia, leveraging over 8 billion daily Lens uses.
Tech Business
OpenAI acquires AI startup and enhances ChatGPT with company knowledge
On October 23, 2025, OpenAI acquired Software Applications Inc. to improve AI task management and launched company knowledge integration for ChatGPT Business powered by GPT-5. The same day, OpenAI addressed elevated ChatGPT errors with ongoing mitigation efforts.
Apple ships US-made AI servers ahead of schedule, boosting domestic AI infrastructure
As of October 2025, Apple began shipping American-made AI servers from Houston to power AI and cloud compute, part of a $600 billion US investment creating 20,000 jobs. This supports US AI infrastructure and manufacturing onshoring.
Brazil's Engemon IT plans AI data center expansion leveraging renewable energy
On October 22, 2025, Engemon IT announced plans to expand AI-focused data centers in Brazil, capitalizing on 98% renewable energy, geographic advantages, and infrastructure, despite challenges in GPU supply and skilled labor.