Google's Veo 3 Launch, OpenAI's Oracle Deal, and xAI's Power Plant Acquisition - Daily AI Brief #225

July 07, 2025 - Daily AI Brief
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xAI is set to acquire an overseas power plant to support its U.S. data center operations. Meanwhile, Google is facing an EU antitrust complaint related to its AI overviews. In other developments, Google has launched its Veo 3 video generation model globally, and OpenAI has secured AI computing power from Oracle.

In other news, the Council of Europe has selected Jylo for its legal AI needs, and Young America Capital is advising Climber in its acquisition by Revenue Analytics. Additionally, GQR has partnered with Turbin.ai to enhance its talent marketplace, and Haldia Petrochemicals is collaborating with Staqu Technologies for AI drone surveillance.
xAI to Acquire Overseas Power Plant for U.S. Data Center
Elon Musk confirmed that xAI is purchasing a power plant overseas to support a new data center in the U.S. This facility will house 1 million AI GPUs and require up to 2 Gigawatts of power. Read more
Google Faces EU Antitrust Complaint Over AI Overviews
The Independent Publishers Alliance has lodged an antitrust complaint with the European Commission against Google, accusing the company of misusing web content through its AI Overviews feature, which allegedly harms publishers by reducing traffic and revenue. Read more
Google Launches Veo 3 Video Model Globally
The Google Veo 3 video generation model is now accessible to Gemini users in 159 countries, enabling AI Pro subscribers to create short videos. Read more
OpenAI Secures 4.5GW Computing Power from Oracle
OpenAI has signed an agreement to rent 4.5GW of computing power from Oracle’s US data centres, underscoring the energy needs for advanced AI products. Read more
Leaked Benchmarks for xAI's Grok 4 Model
Leaked benchmarks reveal that xAI's Grok 4 model scored 45% on the Humanity Last Exam, potentially outperforming competitors. The model is expected to launch soon. Read more

Other news

The Council of Europe has chosen Jylo for its legal AI needs, while Young America Capital advised on Climber's acquisition by Revenue Analytics. GQR has partnered with Turbin.ai for a talent marketplace, and Haldia Petrochemicals is collaborating with Staqu Technologies on AI drone surveillance. RevEng.ai raised $4.1 million for AI cybersecurity, and Samsung and SK hynix are boosting chip production investments. CDNetworks has teamed up with Petrolimex Aviation for AI cybersecurity, and FutureDial introduced an AI-driven receiving cell. Demand AI Group opened a European HQ in Dublin, and AVPL International invested $1 million in defense drone R&D.

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