J A B B Y A I

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OpenAI raised $6.6 billion, reaching a valuation of $157 billion, highlighting investor interest in generative AI. Nvidia reported record quarterly revenue of $30 billion, with a 154% increase in data center revenue driven by AI demand. New AI coding assistants like Poolside AI ($626M) and Magic ($465M) are enhancing developer productivity through advanced tools. The White House launched a task force to coordinate policies on AI regulation, focusing on economic and environmental concerns. AI adoption is surging across industries, with significant growth seen in healthcare, finance, and customer service sectors.

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