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This Week in AI: OpenAI, State Laws and Google Gemini

  • OpenAI is finalizing a record $40 billion funding round led by SoftBank, valuing the company at $300 billion.
  • SoftBank plans to invest $1 trillion in AI-powered robotic factories in the U.S. to address labor shortages.
  • Financial services firms are cautious about adopting agentic AI due to high costs and challenges in measuring ROI.
  • States like Virginia and Texas are adopting pro-growth AI regulations, deviating from EU-style risk mitigation approaches.
  • Google has unveiled Gemini 2.5, its most powerful generative AI model yet, outperforming competitors like OpenAI and Anthropic.

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