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🧠 THE AI EDGE

Your AI News Digest for 2025-09-30

September 30, 2025 • AI News That Actually Matters

🌡️ AI TEMP CHECK

It's raining AI money and big moves today - from billion-dollar raises to CEO switcheroos. The AI chips race keeps heating up while autonomous delivery robots are cruising toward a sidewalk near you.

Cerebras Systems Just Raised a MASSIVE $1.1 BILLION 🤯

Talk about timing! Just this morning, AI chip and computing powerhouse Cerebras Systems announced they've secured a mind-boggling $1.1 BILLION in fresh funding, pushing their valuation to $8.1 billion. Here's the deal: this comes almost exactly one year after they filed for IPO in September 2024 - but that process hit some speed bumps with regulators concerned about foreign investments. Plot twist: instead of waiting for the IPO red tape to clear, Cerebras just said 'hold my beer' and raised one of the biggest private rounds we've seen in AI hardware. The company makes those wafer-sized AI chips (literally the size of dinner plates) that compete with Nvidia's GPUs for training large AI models. With companies desperate for AI computing power, Cerebras is positioning itself as the alternative to Nvidia's near-monopoly. The bottom line: This massive raise shows the AI chip gold rush is nowhere near cooling down - we're still in the 'throwing money at hardware' phase of the AI revolution, folks!

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⚡ QUICK BITES

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ServiceNow announced its 'agentic experience' features coming in 2025 that'll let AI make decisions and run workflows for you - like having a robot assistant that can actually get stuff done without asking you every five minutes.

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Spotify's founder Daniel Ek is stepping down as CEO today, being replaced by TWO co-CEOs (Gustav Söderström and Alex Norström) - because apparently running a music streaming service in the age of AI requires twice the brainpower.

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JPMorgan Chase has transformed into a fully AI-connected 'megabank' according to CNBC this morning - proving that even the stodgiest financial institutions are now AI companies (whether they want to admit it or not).

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DoorDash unveiled 'Dot' today - a 350-pound autonomous delivery robot that can zoom around at 20mph carrying your tacos in what looks like a robot mouth, further proving that the future is equal parts cool and weird.

🛠️ TOOL SPOTLIGHT

Grug-brained Claude Code

Launched yesterday, this hilarious mod of Claude Code is an AI assistant that speaks in primitive caveman language while aggressively fighting complexity in your code. It's like having a coding buddy who thinks abstractions are scary magic and will bonk you with a club if you try anything fancy. Surprisingly useful for keeping your code simple!

💼 SUCCESS STORY

Adobe

Adobe just pulled a power move this morning by finally bringing its professional-grade Premiere video editing software to iPhones. While competitors like CapCut have been eating Adobe's lunch in the mobile space, Adobe is striking back with AI-powered editing tools that let you do serious video work on your phone. The app brings desktop-class editing features with AI enhancements for tasks like auto-captioning and object removal - all optimized for touchscreens. No Android version yet, though (sorry, green bubble friends).

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📊 BY THE NUMBERS

$55 billion

Size of the EA takeover deal brokered by Jared Kushner that was revealed today - showing how AI-driven gaming companies are becoming massive acquisition targets

Up to 33%

Accuracy improvement in weaker AI models when taught by stronger ones using the new Inter-Cascade system published today - essentially letting big AI models teach little ones how to solve problems

48%

Reduction in reliance on expensive AI models achieved by the Inter-Cascade teaching method announced today - potentially saving companies millions in compute costs

20 cities

Where DoorDash launched its Creator program today, combining AI features with human-created content to help you find that perfect taco spot

⚠️ IMPORTANT DISCLAIMER: The information provided in this newsletter, including the "Follow the Money" and "API Watch" sections, is for educational and informational purposes only. It does not constitute financial advice, investment advice, trading advice, or any other sort of advice. You should not treat any of the newsletter's content as such. Promptobello does not recommend that any cryptocurrency, security, or investment should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. Past performance is not indicative of future results.

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