AI Weekly: Meta is reimagining its Creator Studio tool as a standalone AI companion app…

Meta announced a new standalone AI companion app, currently being tested with select creators, reimagining its Creator Studio tool. OpenAI unveiled its first custom chip, built by Broadcom. SpaceX struck a $6 billion deal with an AI startup for data-center space.

Key Facts

• Meta is reimagining its Creator Studio tool as a standalone AI companion app, currently being tested with select creators.
• Meta launched a new app called Instants for sharing disappearing photos with Instagram friends.
• The Trump administration is pressing Meta to submit its artificial intelligence models for voluntary review.
• OpenAI, Anthropic, Google, xAI, and Microsoft have all agreed to submit their models to the government’s A.I. safety group.
• President Trump signed an executive order on June 2 giving the government responsibility for A.I. reviews.
• SoftBank’s Son Sets Bold Net Asset Value Target on Promise of ‘Super AI’.
• Oracle Sheds 21,000 Jobs as It Sharpens Focus on AI.
• SpaceX Strikes $6 Billion Deal With AI Startup for Data-Center Space.
• Fika Jobs raises $4M to build a video-first hiring platform where AI agents interview candidates.
• Shield AI secured $1.5 billion in Series G funding.
• Halter raised $220 million in a Series E round.
• Steno raised $49 million in Series C funding.
• Rhoda AI emerged from stealth with $450 million in Series A funding.
• Kleiner Perkins launched a $3.5 billion fund dedicated exclusively to AI startups.
• ElevenLabs raised $500 million in a Series D round.
• OpenEvidence raised $250 million in a Series D round.
• Microsoft announced $17.5 billion investment to expand AI and cloud infrastructure across India.
• Ankar raised $20 million in Series A funding.
• Mindoo secured €5 million to reduce hospital staff workload with AI agents.

Source Analysis

• TechCrunch AI: Meta announced a new standalone AI companion app, currently being tested with select creators.
• NYT Tech: The Trump administration is pressing Meta to submit its artificial intelligence models for voluntary review.
• Jina Search: AI weekly: OpenAI unveils its first custom chip, built by Broadcom.
• Jina Search: AI funding: Shield AI secured $1.5 billion in Series G funding.

Multiple sources reporting on AI funding and developments, including TechCrunch AI, NYT Tech, and Jina Search: AI weekly.

Sources highlighting different aspects, such as Meta's new app (TechCrunch AI), government AI reviews (NYT Tech), and OpenAI's custom chip (Jina Search: AI weekly).

Trends

Significant funding rounds for AI startups continue, with multiple companies securing large investments.

Implications

Concrete implications for investors/operators include the need to monitor AI developments and funding trends, as well as the importance of addressing regulatory and environmental concerns.