OpenAI Hits $12B Revenue, Meta's AI Strategy Shift, and Microsoft's $30B AI Spend - Daily AI Brief #244
July 31, 2025 -
Daily AI Brief
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Veracode has released a report highlighting security risks associated with AI-generated code. Meanwhile, Meta has adjusted its strategy regarding the open sourcing of its AI models. In Italy, authorities are investigating Meta's integration of AI in WhatsApp.
In other developments, Cohere is forecasting a $200 million revenue amid ongoing funding discussions, and OpenAI has achieved $12 billion in revenue with 700 million users. Additionally, Mistral AI has launched Codestral 25.08 and a new coding stack.
Welcome to today's AI Brief.
Veracode has released a report highlighting security risks associated with AI-generated code. Meanwhile, Meta has adjusted its strategy regarding the open sourcing of its AI models. In Italy, authorities are investigating Meta's integration of AI in WhatsApp.
In other developments, Cohere is forecasting a $200 million revenue amid ongoing funding discussions, and OpenAI has achieved $12 billion in revenue with 700 million users. Additionally, Mistral AI has launched Codestral 25.08 and a new coding stack.
Veracode Report Highlights AI Code Security Risks
The Veracode 2025 GenAI Code Security Report identifies security vulnerabilities in 45% of AI-generated code, with Java posing the highest risk. Read more
OpenAI Achieves $12 Billion Revenue and 700 Million Users
OpenAI has reported reaching $12 billion in annualized revenue and 700 million weekly active users for its ChatGPT products. The company is also planning to increase its cash burn and secure new funding commitments. Read more
Meta Alters Strategy on Open Sourcing AI Models
Meta CEO Mark Zuckerberg announced a strategic shift, stating not all 'superintelligence' AI models will be open sourced, citing safety concerns. Read more
Italy Investigates Meta's AI Tool in WhatsApp
Italy's antitrust authority is investigating Meta for potentially breaching EU competition laws by integrating an AI tool into WhatsApp, which may affect competitors and users. Read more
Tech Giants Partner with US Agencies on Health Data
Leading technology companies, including Apple, Google, and OpenAI, are collaborating with US federal agencies to improve the usability of fragmented health data. This initiative focuses on enhancing data sharing and expanding consumer health apps. Read more
Cohere Forecasts $200 Million Revenue Amid Funding Talks
Cohere, a Canadian AI startup, anticipates generating over $200 million in annual revenue by 2025 and is seeking to raise $300-$500 million in equity financing at a $6.3 billion valuation. Read more
Mistral AI Releases Codestral 25.08 and Coding Stack
On July 30, 2025, Mistral AI announced the launch of Codestral 25.08 and the Complete Mistral Coding Stack, aimed at enhancing enterprise software development with improved AI coding tools. Read more
Uptime Institute: One-Third of Data Centers Involved in AI
The Uptime Institute's survey reveals that about one-third of data center owners and operators are engaged in AI training or inference, highlighting concerns about costs and energy efficiency. Read more
Other news
Meta CEO Mark Zuckerberg discussed the future of AI glasses, emphasizing their potential impact on cognitive abilities. Microsoft projects $30 billion in capital spending due to AI-driven growth in its Azure business. Runloop secured $7 million to enhance its AI coding platform, while Ultromics raised $55 million for heart failure detection technology. Pastel hosted a forum in Nigeria on AI compliance amidst rising fraud concerns. Meanwhile, Astra shut down due to cofounder differences, and the UK AI Institute formed a global coalition for AI safety.
- Ultromics Secures $55 Million for Heart Failure Detection
- Pastel Hosts Forum on AI Compliance Amidst Fraud Concerns in Nigeria
- Microsoft Forecasts Record $30 Billion in Capital Spending
- Runloop Secures $7M for AI Coding Platform
- GitHub Copilot Surpasses 20 Million Users
- Astra Closes Due to Cofounder Disagreements
- UK AI Institute Forms Global Coalition with Amazon and Anthropic
- IBM Report Highlights AI Security Breaches
- Cognizant Introduces AI Training Data Services
- ARCHIMED Acquires Majority Stake in Arkstone
- Cognizant Partners with WRITER for AI Transformation
- Ramp Secures $500 Million to Boost AI in Finance
- Google to Sign EU AI Code of Practice
- Streamline AI Secures $14 Million for Legal Tech Expansion
- Promptfoo Secures $18.4M to Boost AI Security
- Bipartisan Bill Introduced to Promote AI in Financial Services
- Ambiq Micro IPO Sees 61% Increase
- Meta to Invest Up to $72 Billion in AI Infrastructure by 2025
- Nscale, Aker ASA, and OpenAI Launch Stargate Norway AI Project
- KKR and ECP Announce $4 Billion Data Centre in Dallas
- Green Critical Minerals Develops Advanced Graphite for AI Data Centers
- Meta CEO Discusses Future of AI Glasses
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