AI Pulse #97: New Jersey Leads US in AI Innovation, Mira Murati’s AI Firm Worth $12B in Funding, +MORE
Hi everyone! 👋 We’ve got some exciting updates in tech and AI you won’t want to miss.
Dive in to discover more!
Latest Funding News
AI is making headlines again! A new report ranks New Jersey as a top leader in AI innovation, putting it on the map for future tech investment. And Mira Murati, former OpenAI CTO, just raised $2 billion for her startup Thinking Machines now valued at a massive $12 billion. Keep scrolling for the full scoop on what’s new in tech and funding!
Top Trending AI News
1. New Jersey Crowned National AI Innovation Leader in Latest Report
Publisher: Governor of New Jersey
Published: 7/15/2025
Code for America names New Jersey among top three states for AI readiness, highlighting its leadership, innovation, and ethical use of AI in government.
TAKEAWAYS
1️⃣ New Jersey leads in AI readiness.
2️⃣ NJ’s AI policies set national model.
3️⃣ NJ launches major AI innovation hub.
4️⃣ State workers upskill in AI technologies.
5️⃣ NJ AI Assistant boosts efficiency, saves costs.
2. Billionaires Believe AI Chatbots Near New Scientific Breakthroughs
Publisher: Gizmodo
Published: 7/15/2025
Generative AI like ChatGPT and Grok gains popularity, yet lacks the ability to make new scientific discoveries, despite billionaire optimism.
TAKEAWAYS
1️⃣ AI tools gain mainstream popularity but lack discovery power.
2️⃣ Billionaires bet on AI’s potential for scientific breakthroughs.
3️⃣ Kalanick explores AI’s edge in physics with Grok tool.
4️⃣ Skepticism remains over AI’s ability to innovate.
5️⃣ AI’s magic trick: seeming smart without true reasoning.
3. Microsoft to Replace Laid-Off Candy Crush Developers With AI They Created
Publisher: Wccftech
Published: 7/15/2025
200 King developers at risk of layoffs in Microsoft’s AI push, replacing human jobs with AI tools they developed.
TAKEAWAYS
1️⃣ King’s 200 developers risk layoffs for AI replacements.
2️⃣ Microsoft aims to lead in AI, impacting jobs at King.
3️⃣ AI tools now doing jobs of King’s game designers.
4️⃣ King employees claim layoffs target vocal critics.
5️⃣ AI’s rise in game design prompts King staff cuts.
4. AI-Generated Rock Band With Over 1 Million Spotify Listeners Unveiled
Publisher: Gizmodo
Published: 7/17/2025
Wall Street’s AI frenzy mirrors the 1999 dot-com bubble, with top S&P 500 companies overvalued. Slok warns of a narrow rally and the risks of betting on unproven AI potential.
TAKEAWAYS
1️⃣ AI bubble may burst like dot com era.
2️⃣ Top 10 S&P 500 firms highly overvalued.
3️⃣ AI stocks surge on future potential.
4️⃣ Slok warns of AI market risks.
5️⃣ History repeats with AI hype.
5. America Poised to Lead AI Revolution With Visionary Leadership
Publisher: Fox News
Published: 7/15/2025
Trump aims to power AI revolution with U.S. energy, focusing on natural gas for data centers to maintain economic and security leadership.
TAKEAWAYS
1️⃣ U.S. aims to lead in AI with $500 billion investment.
2️⃣ America’s AI future relies on natural gas energy.
3️⃣ Trump convenes leaders to boost AI and energy.
4️⃣ Infrastructure, not just code, key to AI success.
5️⃣ U.S. natural gas vital for affordable AI power.
6. Defense Department Adopts Musk’s Grok AI Despite Controversy
Publisher: Washington Post
Published: 7/14/2025
Defense Department to use Elon Musk’s AI, Grok, in a deal up to $200M, amidst controversies and Trump’s AI push.
TAKEAWAYS
1️⃣ Defense Dept adopts Musk’s AI, Grok.
2️⃣ Grok for Government suite launched.
3️⃣ Musk criticizes Trump’s policies.
4️⃣ Grok available for federal purchase.
5️⃣ Grok’s AI flaws spark controversy.
7. Top Fintech Companies Dominating The World In 2025
Publisher: CNBC
Published: 7/16/2025
CNBC and Statista rank top 300 fintechs globally across 7 segments, with Payments, Wealth Tech, and Enterprise Tech leading. U.S., U.K., and Singapore host most firms.
TAKEAWAYS
1️⃣ Fintech thrives amid tech shifts and funding dip.
2️⃣ Global fintech investment hits 7-year low.
3️⃣ AI and stablecoins reshape financial services.
4️⃣ Top 300 fintech firms named across 7 segments.
5️⃣ U.S., U.K., and Singapore lead in fintech hubs.
8. Trump Announces $90 Billion for Energy and AI in Pennsylvania at Pittsburgh Summit
Publisher: CBS News
Published: 7/15/2025
Trump announces $90B in AI and energy investments in Pennsylvania, promising jobs and innovation.
TAKEAWAYS
1️⃣ Trump announces $90B in PA investments.
2️⃣ AI and energy jobs to grow in Pittsburgh.
3️⃣ Summit aims to make PA an AI leader.
4️⃣ Protests meet Trump’s summit in Pittsburgh.
5️⃣ Amazon invests $20B in PA’s economy.
9. Nvidia Ramps Up H20 Chip Sales to China Following Eased US Export Restrictions
Publisher: Reuters
Published: 7/16/2025
Nvidia to increase Chinese-compliant H20 chip supply, eyes advanced semiconductors for China as CEO Huang navigates U.S.-China tensions, also developing RTX Pro GPU.
TAKEAWAYS
1️⃣ Nvidia to boost China’s chip supply.
2️⃣ H20 chip sales to China resume.
3️⃣ Nvidia plans new RTX Pro GPU.
4️⃣ U.S.-China tech ties remain tight.
5️⃣ AI innovations lead in China.
10. Google Invests $25 Billion in Data Centers, AI Across US Electric Grid
Publisher: CNBC
Published: 7/15/2025
Google to invest $25B in US electric grid for AI and data centers, modernize PA hydropower plants.
TAKEAWAYS
1️⃣ Google pledges $25B for US power grid AI boost.
2️⃣ Massive AI, data center investment in 13 states.
3️⃣ Google to renovate PA hydropower for AI demand.
4️⃣ Tech giants discuss AI at Pittsburgh meeting.
5️⃣ $90B in tech and energy investments announced.
AI Image of the Week
Prompt: /imagine A Renaissance workshop, dimly lit with candles. A humanoid robot sculptor, inspired by Michelangelo, chisels a perfectly lifelike statue of an android out of white marble. Mechanical tools and parchment blueprints are scattered on the ground. The entire scene is painted in dramatic lighting and rich, earth-toned color palettes.
Did you find this helpful?
If so, subscribe on LinkedIn to this weekly newsletter to stay updated on everything AI!
About Onramp Lab
Onramp Lab was founded by Lawrence Ng in 2015. We are an agile team of 70 full-time professionals in our Los Angeles & Taipei offices.
Over the years, we built out our omnichannel digital marketing expertise, especially in paid search, display, native, paid social, SEO, email, and affiliate marketing across multiple verticals.
Our Businesses
Contactloop
AI-driven conversational messaging via SMS and webchat driving transaction-ready users to you and your sales team at scale.
Side Hustles
Your gateway to side jobs and part-time gigs. Side Hustles provides expert advice, diverse job ideas, and tips to maximize your earnings.
This Post Has 0 Comments