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Good morning! Today is Tuesday, May 13, 2025.

We have some exciting AI news today: Google has unveiled its AI Futures Fund to support startups building with its latest AI tools, and Apple is integrating AI-powered battery management in iOS 19 to optimize iPhone power consumption.

1. Google Launches AI Futures Fund to Back Startups Building with DeepMind Tech

Google has unveiled the AI Futures Fund, a new initiative to support startups using its latest AI tools from DeepMind. The fund will invest in companies from seed to late stage, offering early access to models, expert guidance, cloud credits, and potential direct funding. Unlike accelerator programs, it accepts applications on a rolling basis, aiming to supercharge the next wave of AI innovation.

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2. iOS 19 Could Use AI to Make Your iPhone Battery Last Longer

Apple is reportedly adding a smart battery-saving feature to iOS 19 that uses AI to predict your phone habits and reduce power use in the background. According to Bloomberg, the tool will learn from how you use your apps and automatically adjust settings to extend battery life—especially useful for the ultra-slim iPhone 17, which may have a smaller battery. The feature will work across all iPhones that support iOS 19 and will also show new charging indicators on the lock screen.

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3. Perplexity AI Eyes $14B Valuation in New Funding Round Led by Accel

Perplexity AI, the fast-growing startup behind an AI-powered search engine, is reportedly in advanced talks to raise $500 million at a $14 billion valuation, according to The Wall Street Journal. Backed by Nvidia and competing with OpenAI’s ChatGPT and Google’s Gemini, Perplexity delivers concise, AI-generated answers to user queries. The new round, led by venture firm Accel, reflects soaring investor interest in AI search tools. Apple is also rumored to be adding Perplexity as a search option in Safari, which could greatly expand its user base.

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4. British Airways Taps AI to Slash Delays in Push to Rebuild Reputation

British Airways says AI is helping it take off on time. The airline’s CEO called its new AI tools “game-changing,” citing a record 86% on-time departure rate from Heathrow in Q1—its best ever. After years of tech failures and flight disruptions, BA has invested £100 million into AI-powered operations and added 600 Heathrow staff. The tools help reroute planes around bad weather, optimize gate assignments, and decide whether to delay or cancel flights with minimal customer impact. While delays over an hour still exceed pre-pandemic levels, BA is betting that smart tech will help it climb out of turbulence.

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5. Google Preps AI Coding Assistant Ahead of Big I/O Reveal

Google is reportedly readying a powerful AI agent to assist software developers with everything from writing code to documenting it, according to The Information. The tool, designed to streamline the entire software development process, is expected to be unveiled at the upcoming Google I/O conference on May 20. The company may also show off its Gemini AI chatbot in voice mode, integrated with XR glasses and headsets. With investor pressure mounting, Google is pushing to show real returns on its massive AI investment—and this launch could be its next big move.

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6. Google to Unveil AI Coding Assistant at I/O 2025

Google is gearing up to launch an AI-powered coding assistant at its I/O conference on May 20, aimed at helping developers write, edit, and document code more efficiently. The tool is part of a broader push to showcase real returns on Google’s massive AI investments. Reports also hint at a voice-enabled Gemini chatbot integrated with XR glasses—potentially signaling a bold leap into hands-free, AI-assisted computing.

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Stay tuned for more updates, and have a fantastic day!

Best,
Zephyr