AI Daily: AMD acquires AI software company Brium

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly:

BRIUM ACQUISITION: AMD (AMD) announced the acquisition of Brium, a team of compiler and AI software experts with expertise in machine learning, AI inference, and performance optimization. AMD said, “This acquisition strengthens our foundation for long-term innovation. It reflects our strategic commitment to AI, particularly to the developers who are building the future of intelligent applications. It is also the latest in a series of targeted investments, following the acquisitions of Silo AI, Nod.ai, and Mipsology, that together advance our ability to support the open-source software ecosystem and deliver optimized performance on AMD hardware.”

PALANTIR DEAL: Republican privacy advocates in Congress are raising alarms about the White House’s work with Palantir (PLTR) to analyze what may become an enormous pool of government data on Americans, Semafor’s Eleanor Mueller reports. President Trump signed an order several months ago that directed federal agencies to remove “unnecessary barriers” to data consolidated, and even before that, Palantir reportedly expanded the reach of its AI product within the U.S. government, possibly building an interagency database that would combine massive sets of government data on Americans, the author notes.

“It’s dangerous,” Rep. Warren Davidson, R-Ohio, told Semafor. “When you start combining all those data points on an individual into one database, it really essentially creates a digital ID. And it’s a power that history says will eventually be abused.” “The concern out there will always be: If you had the wrong people in government, are there protections to make sure that privacy is protected?” Sen. Mike Rounds, R-S.D., who co-chaired his chamber’s AI caucus last Congress, told Semafor. “And that’s a fair question to have.”

GEMINI 2.5 PRO: Google (GOOGL) introduced an upgraded preview of Gemini 2.5 Pro, its “most intelligent model yet,” according to a blog post. Building on the version released in May and showed at I/O, this model will be the generally available, stable version starting in a couple of weeks, ready for enterprise-scale applications, the company said. “The latest 2.5 Pro reflects a 24-point Elo score jump on LMArena, maintaining its lead on the leaderboard at 1470, and a 35-point Elo jump to lead on WebDevArena at 1443. It continues to excel at coding, leading on difficult coding benchmarks like Aider Polyglot. It also shows top-tier performance on GPQA and Humanity’s Last Exam, highly challenging benchmarks that evaluate a model’s math, science, knowledge and reasoning capabilities. We also addressed feedback from our previous 2.5 Pro release, improving its style and structure — it can be more creative with better-formatted responses. Developers can start building with the upgraded preview of 2.5 Pro in the Gemini API via Google AI Studio and Vertex AI — where we’ve also added thinking budgets to give developers more control over cost and latency. It’s also rolling out today in the Gemini app.”

ON THE SIDELINES: Arete initiated coverage of CoreWeave (CRWV) with a Neutral rating and $130 price target. Coreweave and Nebius (NBIS) are neo clouds or artificial intelligence hyperscalers, building new generation GPU- rather than CPU-based cloud services, the firm tells investors in a research note. The firm says that when including private companies, there are a couple of dozen competitors, with Coreweave having by far the most revenue. Both stocks seem likely to trade on how short of GPU compute investors think the world is, contends Arete. The firm prefers Nebius to Coreweave fundamentally, saying the stock’s embedded neo cloud valuation is low. Coreweave is an AI trading stock for now, and it is hard to take a fundamental view given the “limited free float,” adds Arete.