AI Pulse #94: AI Bots Pocket Millions in Student Aid, Harvey AI Raises $300M for Legal AI Assistant, +MORE
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Latest Funding News
AI is making headlines again. One story shows how bots are stealing millions in federal student aid, raising big questions about online safety. On the flip side, legal AI company Harvey just raised $300M to help law firms work faster and smarter. Want to know what’s next in AI? Keep on reading for more.
Top Trending AI News
1. 300 Million Humanoid Robots on the Way: Companies Set to Gain
Publisher: turnto10
Published: 6/26/2025
AI bots are exploiting stolen identities to fraudulently obtain millions in federal student aid, creating “ghost students” to siphon funds.
TAKEAWAYS
1️⃣ AI bots commit massive student aid fraud.
2️⃣ $11.1M lost to fake student enrollments.
3️⃣ Cybercriminals create “ghost students” for aid.
4️⃣ Personal info theft linked to aid scam.
5️⃣ Avast warns of rising AI imposter scams.
2. AI Stocks At Crossroads As Consumer Battle Intensifies
Publisher: Investor’s Business Daily
Published: 6/23/2025
AI stocks shift focus from chips to software, with CoreWeave and Snowflake rising. Nvidia, Meta invest heavily, aiming at varied sectors from government to AI research.
TAKEAWAYS
1️⃣ AI stocks surge as tech firms battle for market.
2️⃣ Nvidia and Meta make big AI moves in 2025.
3️⃣ CoreWeave’s IPO skyrockets, up 347%.
4️⃣ Nvidia targets governments with AI tech.
5️⃣ Microsoft leads in cloud AI growth.
3. AI Video Ad Revolution: The Future of Advertising?
Publisher: Deadline
Published: 6/24/2025
UK actors union Equity claims thousands scanned without consent for AI, demands protections in Pact negotiations.
TAKEAWAYS
1️⃣ UK actors’ likenesses scanned without consent.
2️⃣ Actors urge action on AI misuse.
3️⃣ Equity battles for AI safeguards in film.
4️⃣ AI to restore kung fu film classics.
5️⃣ UK considers AI training opt-out law.
4. Musk Pledges Major Overhaul of AI to Curb Embarrassing Outputs
Publisher: The Daily Beast
Published: 6/23/2025
Musk plans to overhaul his AI, Grok, to correct “garbage” data and contradictions to his beliefs, fueling debates on misinformation and bias.
TAKEAWAYS
1️⃣ Musk to fix AI that embarrasses him.
2️⃣ Musk’s AI contradicts his views.
3️⃣ Grok AI’s errors lead to overhaul.
4️⃣ Musk’s AI mishaps spark controversy.
5️⃣ Musk aims to rewrite AI data.
5. Rick Perry Proposes Colossal AI-Driven Nuclear Campus Inspired by Trump
Publisher: Washington Post
Published: 6/26/2025
Rick Perry’s Fermi America plans world’s largest data-center campus with nuclear power near Amarillo, aiming for completion by 2032 despite challenges.
TAKEAWAYS
1️⃣ Rick Perry’s firm plans world’s largest data center and nuclear complex.
2️⃣ Project envisions 4 nuclear reactors by 2032 near Amarillo, Texas.
3️⃣ Fermi America aims for 11 gigawatts of energy for AI companies.
4️⃣ Trump’s influence seen in nuclear project’s political tone.
5️⃣ Fermi seeks fast NRC approval, despite past nuclear project delays.
6. Young College Grad Unemployment Rate Exceeds US Average
Publisher: Associated Press
Published: 6/26/2025
Graduates face tough job market; unemployment among young degree holders at 12-year high, excluding pandemic. AI and economic uncertainty impact entry-level jobs.
TAKEAWAYS
1️⃣ Graduates face tough job market, highest unemployment in years.
2️⃣ AI’s growth impacts entry-level job availability.
3️⃣ College degree value questioned amid high graduate unemployment.
4️⃣ Hiring slowdown attributed to economic uncertainty and AI.
5️⃣ Young workers struggle with no-hire, no-fire economy.
7. Tesla Robotaxis Under Scrutiny After Erratic Driving Incident in Austin Pilot
Publisher: CBS News
Published: 6/25/2025
Tesla robotaxis in Austin probed by NHTSA for erratic driving, raising safety concerns.
TAKEAWAYS
1️⃣ Tesla robotaxis investigated after unsafe driving.
2️⃣ NHTSA reviews Tesla’s self-driving taxis.
3️⃣ Erratic Tesla robotaxi driving caught on camera.
4️⃣ Tesla’s autonomous cars face safety scrutiny.
5️⃣ Musk claims self-driving cars prioritize safety.
8. Senate Clears Moratorium on State AI Regulation
Publisher: TechCrunch
Published: 6/22/2025
Senate progresses a bill to block state AI regulations, aiming for uniformity but facing bipartisan opposition and concerns over states’ rights.
1️⃣ Senate moves to block state AI laws.
2️⃣ Cruz rewrites AI bill for federal control.
3️⃣ Blackburn and Greene oppose AI moratorium.
4️⃣ AI bill faces mixed Republican support.
5️⃣ States act on AI despite federal debate.
9. Intel Partners With Accenture For AI Marketing, Reduces In-House Staff
Publisher: TechSpot
Published: 6/22/2025
Intel plans major marketing overhaul, outsourcing to Accenture & AI, under CEO Lip-Bu Tan, facing layoffs & aiming for efficiency.
TAKEAWAYS
1️⃣ Intel hires Accenture for marketing, lays off staff.
2️⃣ CEO Lip-Bu Tan leads Intel’s marketing revamp.
3️⃣ AI to play key role in Intel’s marketing strategy.
4️⃣ Intel’s layoffs impact global marketing team.
5️⃣ Intel aims for cost cuts, competitive edge.
10. Bernie Sanders Advocates for 4-Day Workweek in AI Productivity Boom
Publisher: TechCrunch
Published: 6/25/2025
Sanders advocates for a 32-hour workweek, arguing AI’s productivity gains should benefit workers, not just companies.
TAKEAWAYS
1️⃣ Sanders pushes for shorter workweeks with AI gains.
2️⃣ AI can boost productivity without cutting jobs, Sanders says.
3️⃣ Four-day workweek trials show success worldwide.
4️⃣ Tech should improve lives, not just profits, argues Sanders.
5️⃣ Sanders: Use AI to give workers more family time.
AI Image of the Week
Prompt: /imagine film noir style scene of a robot thief in a trench coat and fedora sneaking through foggy streets, chrome and steel design, harsh shadows, moody lighting, 1940s retrofuturism, dramatic composition.
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