Amazon’s Prime Day event contributed to over $24 billion in U.S. e-commerce sales, boosting the overall industry with competitive deals. The use of generative AI products, such as chatbots, led to a significant 3,300% increase in retail traffic during the event.
President Trump will reveal $70 billion in artificial intelligence and energy investments in Pennsylvania, aiming to accelerate the development of these sectors. The announcement is part of the White House’s efforts to boost technological advancements and energy innovation. This move is expected to have a significant impact on the country’s AI and energy industries.
Cognition, the creator of the AI coding agent Devin, has acquired Windsurf shortly after Google hired Windsurf’s CEO, co-founder, and research leaders in a $2.4 billion reverse-acquihire deal. The acquisition of Windsurf by Cognition follows the departure of key personnel to Google, impacting the startup’s team and future direction.
A study revealed that open source software developers using AI tools were 19% slower due to spending more time prompting and reviewing AI generations than actually coding. The research highlights the need for better integration and streamlining of AI tools into developers’ workflows to ensure efficiency. AI tools can offer benefits, but their implementation should be carefully managed to avoid hindering productivity.
Amazon has unveiled Kiro, its new Claude-powered tool, to compete with Windsurf and Codex, receiving a range of reactions from the community and developers. While initial community responses were mixed, developers showed interest in Kiro, applauding its focus on specs, hooks, and structure, indicating potential for growth and competition in the market.
Nvidia Corp. is set to restart sales of its H20 AI chip in China after receiving assurance from the US government for approval, a significant shift from previous restrictions under the Trump administration. The move marks a positive development for Nvidia’s business in China and signifies improved trade relations between the US and China in the technology sector.
Meta is rapidly expanding its superintelligence technology, with CEO Mark Zuckerberg leading the charge by poaching AI researchers. The company has resorted to using actual tents to quickly build data centers, aiming to push forward with their 5-gigawatt project announced recently.
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