TSMC Reports Record Profit on AI Chips; Google Integrates AI in Search for Business Calls
Key Takeaways
- TSMC reports 61% profit rise, driven by AI chip demand; forecasts $31.8-33B for Q3.
- Google integrates Gemini AI into Search for direct business calls, starting in the U.S.
- Google, Blackstone, Meta invest billions in U.S. AI and energy, aiming for dominance.
- Global IT spending to reach $5.43T in 2025, driven by AI investments and data centers.
- Google merges Android and ChromeOS, integrating Gemini AI for improved laptop user experience.
Top Stories
TSMC reports record profit, driven by AI chip demand.
On July 17, 2025, TSMC reported a 61% rise in quarterly profit, driven by strong AI chip demand, with revenue up 39% year-on-year. The company raised its 2025 outlook, forecasting $31.8 billion to $33 billion for Q3, reflecting the AI chips boom.
Google integrates AI into Search for direct business calls.
Google is integrating AI into Search using Gemini 2.5 Pro to directly call businesses, providing pricing and availability information. This feature, rolling out in the U.S., aims to help users avoid phone calls.
US companies invest billions in AI and energy.
At the Energy and Innovation Summit on July 15, 2025, Google, Blackstone, Meta Platforms, and others announced major AI and energy investments in the U.S. These investments aim for U.S. dominance in AI and energy and are expected to create tens of thousands of jobs.
Global IT spending to reach $5.43 trillion, driven by AI.
Global IT spending is forecast to reach $5.43 trillion in 2025, a 7.9% increase from 2024, driven by AI investments. Data center infrastructure is a key growth area, with AI-optimized servers and infrastructure being key drivers.
Google merges Android and ChromeOS, integrates Gemini AI.
On July 16, 2025, Google announced the merger of Android and ChromeOS, integrating Gemini AI to create a more dominant Android version. This aims to improve the user experience on laptops by bringing complete cross-functionality.
AI Frontier
QpiAI secures $32M for quantum computing.
QpiAI, an Indian deeptech startup, secured $32 million in Series A funding in July 2025 to advance its quantum computing technology. The company launched India’s first full-stack quantum computer, QpiAI-Indus, with 25 superconducting qubits.
Denmark invests €80M in Microsoft-powered quantum computer.
Denmark, through the QuNorth initiative, is investing €80 million to acquire a powerful quantum computer named Magne, with Microsoft providing software. Construction is set to begin in the autumn, with completion expected by the end of next year, and operations by early 2027.
AWS launches AI Agents and Tools category.
AWS launched an 'AI Agents and Tools' category in the AWS Marketplace, where Brave Search API is now available. This allows customers to access Brave's privacy-focused search engine API for use in AI applications.
AWS Academy provides AI opportunities for Gen Z.
AWS Academy is providing Gen Z with AI opportunities, offering a free 12-month subscription to AWS Skill Builder. This initiative equips them with skills for high-growth tech roles transformed by AI.
Delphi Digital launches free AI research hub.
Delphi Digital, a crypto-native firm, has launched Delphi Intelligence, the first free AI research hub. The platform aims to provide accessible, open-source intelligence on AI and emerging technologies.
Reflection AI develops AI agent Asimov.
Reflection AI is developing Asimov, an AI agent that analyzes code, emails, Slack messages, and project updates to understand software development. Asimov combines code analysis with project knowledge for better developer assistance.
Anthropic launches analytics dashboard for Claude Code.
Anthropic launched an analytics dashboard for Claude Code on July 15, 2025, providing insights into usage and ROI. The dashboard allows enterprise admins and managers to track developer teams' work.
Google partners with Virginia for AI training.
Google partnered with Virginia's government to offer free and low-cost AI training to 10,000 residents. The program includes AI certification courses and job-ready training.
Lovable secures $200M in Series A funding.
Lovable, a Stockholm-based AI startup, secured $200 million in a Series A round, valuing the company at $1.8 billion. This funding will help Lovable expand its team and develop its product.
Study raises concerns about AI chatbots as therapists.
A Stanford University study published on July 15, 2025, discusses concerns about using AI chatbots as therapists, finding them unsafe and stigmatizing. Experts warn that these chatbots can be unpredictable and may encourage harmful behaviors.
Switzerland and Latin America develop open-source LLMs.
Switzerland is releasing its first open, multilingual large language model (LLM) by the end of summer 2025, developed by ETH Zurich and EPFL. Similarly, over 30 Latin American and Caribbean institutions developed Latam-GPT, an open-source LLM focused on regional culture and languages.
xAI hiring for AI anime-style virtual companions.
xAI is hiring full-stack engineers for its "Waifu" project to develop AI anime-style virtual companions (waifus) for Grok. The role requires expertise in visual development, 3D modeling, animation, and AI.
Aker ASA plans AI facility in Norway.
Aker ASA plans to establish an artificial intelligence (AI) facility in Narvik, Norway, leveraging abundant green energy and natural cooling. The site has 230MW of power and is ready for construction.
Experts reflect on AI's evolution on AI Appreciation Day.
On AI Appreciation Day, experts reflect on AI's evolution and impact, from the 1956 Dartmouth workshop to today's agentic AI and multimodal capabilities. Experts emphasize the importance of human-centric and responsible AI development.
Cosmic Ventures
SpaceX plans private share sale, valuing company at $400B.
SpaceX, led by Elon Musk, is planning a private share sale valuing the company at $400 billion. The price per share is $212, higher than the $185 in the previous round.
Cyber Watch
SentinelOne emphasizes AI-driven security.
SentinelOne held a business explanation meeting in Tokyo on July 17, 2025, emphasizing the importance of AI-driven security operation automation to counter increasing cyberattacks. The company provides AI-based endpoint security products.
Drone Tech
XTEND secures additional funding, expanding drone tech.
Israeli drone technology startup XTEND secured additional funding, bringing its total Series B funding to $100 million. The company will use the funds to expand its drone manufacturing capacity and boost research and development.
U.S. Marine Corps releases drone warfare handbook.
The U.S. Marine Corps released a new 90-page handbook focused on drone and counter-drone warfare. The handbook details various drone missions and highlights gaps in training, tactics, and hardware.
Gadget Mania
AI integrated into various gadgets.
On July 15, 2025, AI is being integrated into various gadgets, including XREAL's One Series AR glasses, iFFALCON's Mural TV, and Notta Memo. These gadgets use AI for improved functionality and user experience.
Rivian integrates Google Maps into EVs.
Rivian integrated Google Maps into its EVs on July 15, 2025, providing real-time traffic, routes, and POI info. Rivian will use a unique version of Google Maps in its vehicles.
Apple Watch Series 10 available on Amazon.
The Apple Watch Series 10 is available on Amazon, with the 42 mm GPS + Cellular model available for 449 euros instead of 569 euros. The watch has an aluminum silver case and a blue sport strap.
Industry Pulse
Scale AI lays off employees after Meta's investment.
Scale AI announced layoffs of 200 full-time employees and 500 contractors following Meta's $14 billion investment. The restructuring aims to reorganize its generative AI business due to inefficiencies from rapid expansion in GenAI.
Chinese AI startup MiniMax files for Hong Kong IPO.
Chinese AI startup MiniMax filed for a Hong Kong IPO, aiming to raise $400-500 million. The company, founded in 2022, developed AI models used by 15 million users and 50,000 enterprises.
Xi Jinping questions focus on AI in China.
On July 17, 2025, President Xi Jinping questioned the need for all local governments across China to focus on emerging industries like artificial intelligence. Xi's remarks highlighted concerns about exacerbating deflation and driving trade tensions.
Geely to acquire Zeekr, its premium EV division.
Geely Automobile Holdings announced on July 15, 2025, its plan to acquire Zeekr, its premium EV division, making it a private subsidiary. The acquisition is expected to be completed in Q4 2025 and is expected to improve Zeekr's efficiency.
Job market challenges: 66% of Americans find it nearly impossible.
On July 15, 2025, Forbes reported that 66% of Americans feel the job market is nearly impossible. The 2025 Workforce and Hiring Report by Greenhouse revealed that hiring automation, employer ghosting, and bias have reshaped hiring.
Global demand for EV batteries shifts to LFP.
The global demand for electric vehicle batteries is shifting towards cheaper and eco-friendly LFP batteries. LFP batteries will help carmakers with mass-market and mid-range sedans and SUVs.
Mobile World
iOS 18.5 features redesigned Control Center.
Nelson Aguilar detailed 11 hidden features in Apple's iOS 18.5, including a redesigned Control Center with a restart option and the ability to share Wi-Fi passwords via QR codes. The new Control Center allows users to restart their iPhone without pressing physical buttons.
Apple and Google update phone operating systems.
Apple and Google are updating their phone operating systems, with iOS 26 featuring a transparent aesthetic and Android 16 emphasizing brighter colors and integrating Gemini. This may lead to different user experiences depending on the phone chosen.
Virgin Media O2 switches off 3G coverage.
Virgin Media O2 has begun switching off its 3G coverage in Guildford, Telford, and Norwich on July 16, 2025, as part of a move to 4G and 5G. The 3G network, which carries only 3% of network data, will be completely switched off by the end of 2025.
Google Lens eases summer travel.
On July 16, 2025, CNET reported on how Google Lens eases summer travel, using a phone's camera to provide info on objects. It translates signs, verifies rentals, and offers 6 travel tips.
Software Central
Microsoft ends Windows 10 support in October 2025.
Microsoft is ending support for Windows 10 in October 2025. StackSocial offers Windows 11 Pro for $10 (originally $199), with a lifetime license.