24 Jul 2025

AI News Digest

🤖 AI-curated 5 stories

Today's Summary

Today’s key AI and tech developments include significant investments in AI infrastructure by Alphabet, groundbreaking achievements in AI reasoning, and new U.S. policy measures on AI chip exports.

Stories

Alphabet Boosts AI Investments Amid Strong Q2 Earnings

Alphabet reported a 19% rise in net income to $28 billion and a 14% revenue growth in Q2 2025, driven by a 32% surge in Google Cloud sales. The company increased its 2025 capital spending forecast by $10 billion to $85 billion, focusing on AI and cloud infrastructure. This positions Alphabet competitively in the AI landscape, though concerns about increased spending and regulatory scrutiny remain.

Read more → Reuters

AI Models Achieve Gold at International Mathematical Olympiad

Google DeepMind's Gemini Pro and OpenAI's O1 series AI models attained gold-medal status at the International Mathematical Olympiad, solving complex problems requiring multi-step, creative proofs. This milestone demonstrates AI's evolving reasoning capabilities and potential applications in science and coding, highlighting the importance of high-quality training data and computing power.

Read more → Reuters

U.S. Proposes Location Verification for AI Chip Exports

The Trump administration recommended new export controls requiring location verification for advanced AI chips to prevent misuse by adversarial nations like China. This measure is part of a broader AI strategy aimed at increasing exports to U.S. allies and easing regulations to accelerate AI data center construction, while maintaining restrictions on exports to foreign adversaries.

Read more → Reuters

SK Hynix Reports Record Profit Amid AI Chip Demand

SK Hynix posted a record quarterly operating profit of 9.2 trillion won ($6.69 billion) for Q2 2025, a 69% increase from the previous year, driven by strong demand for advanced chips used in generative AI applications. The company expects to double its high-bandwidth memory chip sales in 2025 compared to 2024, solidifying its position as the world's leading memory chip maker.

Read more → Reuters

Trump Administration to Unveil New AI Strategy

The Trump administration is set to announce a new AI strategy focusing on loosening regulations to promote development and global competitiveness, particularly against China. The plan includes promoting AI exports, open-source development, and initiatives to support large-scale data centers, marking a significant policy shift aimed at accelerating AI growth and enhancing U.S. technological dominance.

Read more → Reuters