Meta Opens AI Lab, Oracle's $30B Cloud Contract, and HCLTech Teams with OpenAI - Daily AI Brief #221

July 01, 2025 - Daily AI Brief
Hi there,

Welcome to today's AI Brief. Meta has opened a new AI lab, bringing on board former researchers from OpenAI. In the construction sector, Klutch has raised $8 million to advance AI applications. Meanwhile, Baidu has appointed Haijian He as its new CFO amid ongoing management changes.

In other developments, Oracle has secured a $30 billion annual cloud contract, marking a significant milestone in its cloud services expansion. Additionally, HCLTech has partnered with OpenAI to drive enterprise AI transformation. Stay tuned for more updates on these and other stories in today's edition.

Top stories

Meta Launches New AI Lab Amidst Controversy
Meta has announced the creation of its new AI research division, the Meta Superintelligence Labs, led by former OpenAI talent. The recruitment strategy has drawn criticism from OpenAI. Read more
Klutch Raises $8M for AI in Construction
Seattle startup Klutch has secured $8 million in seed funding to develop AI agents aimed at automating construction workflows, addressing industry challenges like labor shortages and inflation. Read more
Baidu Appoints New CFO and Announces Management Changes
On July 1, 2025, Baidu, Inc. announced the appointment of Haijian He as Chief Financial Officer, along with other management changes. Read more
Oracle Secures Major Cloud Contract
Oracle Corp. has announced a cloud contract expected to generate over $30 billion annually starting in fiscal year 2028, causing a significant rise in its share price. Read more
Amazon Deploys 1 Millionth Robot and Launches DeepFleet AI
On June 30, 2025, Amazon announced the deployment of its 1 millionth robot and introduced the DeepFleet AI foundation model to enhance robotic fleet efficiency. Read more

Other news

Skarbe has raised $600,000 in pre-seed funding to boost its AI sales assistant platform, while the University of Texas at Arlington is working on reducing energy use in AI data centers. HCLTech is partnering with OpenAI to transform enterprise AI, and Clio is acquiring vLex for $1 billion to enhance legal tech. BrowserStack has launched AI agents for software testing, and Palantir and Accenture are collaborating on AI for federal government use. Intuit has acquired Relevvo's AI technology, and Redwood Materials has opened a data center using recycled EV batteries.

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