Technology and Business Services
Agentic Tools, Spatial Computing, and AI Ethics Initiatives
11 Jun 2025
Breakthroughs in AI

  • Anysphere launched Cursor 1.0an AI-powered code editor, introducing BugBot for code review, agent-driven remote coding and new features like Memories and one-click MCP setup, marking a major advancement in AI-assisted coding.
  • Meta unveils Aria Gen 2 smart glasses with advanced AI sensors, real-time environment mapping, and varied interaction methods, redefining wearable spatial computing. 
  • Chinese AI firm Manus has launched a next-gen text-to-video generation platform that creates video stories from written input, poised to revolutionize content creation.
  • AI pioneer Yoshua Bengio unveils LawZero, a non-profit lab to block self-preserving AI behaviors and align future intelligence systems with human values and oversight.
  • Nucleus launches embryo genetic optimization software, enabling IVF parents to screen for diseases and longevity traits, accelerating predictive, selection-based reproduction.
  • Bland’s new Text-to-Speech (TTS) advancement sets a new bar for realism, delivering emotionally expressive, lifelike AI voice cloning.
Enterprise adoption and ecosystem shift
  • Amazon’s Lab126 forms an agentic AI group to develop physical AI for warehouse robots, enabling natural language interactions and multi-step task execution
  • Qualcomm and Advantech unveil open Edge AIoT platforms, combining advanced hardware and SDKs to transform industrial automation.
  • Workday launches its AI agent ecosystem and gateway, integrating diverse AI agents into its Agent System of Record to unify digital and human workforces.
  • Thrive Holdings and ZBS Partners launch Shield Technology Partners with US$ 100M, acquiring four managed service providers, to build an AI-driven IT services powerhouse.
  • Covasant and Botminds AI partner to deliver a scalable, no-code agentic AI platform, enabling enterprises to deploy autonomous, context-aware workflows across industries.
  • The Journal of American Medical Association (JAMA) partners with OpenEvidence in a multi-year AI-based medical search, enhancing clinical decision-making with data insights.
Funding and Investments

Company

Amount

Round

Investor

Description

Anduril

2,500

Series G

Founders fund

Provider of AI-based drone surveillance solutions for defense and maritime sector

Nebius

1,000

Convertible debt financing

Qualified institutional investors

Offers full-stack AI infrastructure including GPU-powered cloud platforms

Sharplink Gaming

425

Private investment in public equity

ParaFi, Electric Capital, Pantera Capital, Arrington Capital, White Star Capital, Hivemind

Offers an AI-enabled platform for betting management

Bolttech

147

Series C

Sumitomo corporation, Iberis Capital

IT services platform that automates operations, supports partners with resources & networks

Shield Technology Partners

100+

Seed

Thrive Holdings & ZBS Partners

AI-enabled managed IT services platform to help scale service providers' operations

Thread AI

20

Series A

Greycroft, Index Ventures, Scale Venture Partners, Plug-and-Play, Meritech Capital

Helps firms design and deploy AI-powered workflows through its core platform, Lemma

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