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EDITION

258

Figma IPO, Sea Colonisation, Google’s Geothermal Energy Projects

It's issue #258 of DNT Weekly and as per usual the week has been eventful. Here's what we've been reading of late.

The past week has been packed with exciting developments in AI, especially in the agentic AI space. Amidst this, a new report by the AI Futures Project paints an optimistic picture of AI’s rapid growth in the years ahead. Read all about it here.

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**[OpenAI’s next AI agent is a self-testing software engineer that does what humans won’t

](https://www.livemint.com/technology/tech-news/openais-next-ai-agent-is-a-self-testing-software-engineer-that-does-what-humans-won-t-chatgpt-11744506780340.html)**

OpenAI is set to launch A-SWE, an AI agent that can perform software engineering tasks along with quality assurance and bug testing. However, previous claims about AI capabilities have often been overstated, leading to scepticism about the true potential of these models.

Ironwood: The first Google TPU for the age of inference

Ironwood is our most powerful, capable and energy efficient TPU yet, designed to power thinking, inferential AI models at scale.

**[Google’s geothermal energy ambitions are growing

](https://www.theverge.com/news/648979/google-geothermal-energy-power-purchase-agreement-asia-taiwan)**

The company signed the first deal of its kind to develop geothermal energy projects in Taiwan.

**[Figma sent a cease-and-desist letter to Lovable over the term ‘Dev Mode’

](https://techcrunch.com/2025/04/15/figma-sent-a-cease-and-desist-letter-to-lovable-over-the-term-dev-mode/)**

We may be witnessing the makings of a new tech industry feud between competitors. Figma has sent a cease-and-desist letter to popular no-code AI startup Lovable, Figma confirmed to TechCrunch.

**[Figma confidentially files for much awaited US IPO after $20 billion Adobe deal collapse

](https://economictimes.indiatimes.com/tech/technology/figma-confidentially-files-for-much-awaited-us-ipo-after-20-billion-adobe-deal-collapse/articleshow/120334166.cms?from=mdr)**

Despite market volatility, Figma, valued at $12.5 billion, is cash flow positive and expanding its collaborative platform with AI features, serving major clients like Google and Uber.

**[Adobe is building AI agents for Photoshop and Premiere Pro

](https://www.theverge.com/news/646205/adobe-photoshop-premiere-pro-ai-creative-agent-actions)**

The agents can perform complex tasks to help you get started on projects.

✨ Product find of the week

**[Canva Visual Suite 2.0: Productivity, meet creativity

](https://moioapp.com/)**

Moio is a design tool built for product thinking. It lets you design interfaces and define real interactions in one place—so you're not just mocking up screens, you're shaping how they actually work. Useful when you want to think beyond visuals and get a feel for the product early on.

📰 In other news

**[Can 1,000 CR Ultrahuman hack a global health brand from India?

](https://www.ajuniorvc.com/ultrahuman-unicorn-case-study-product-performance-hardware-oura-ring-review)**

**[Everything wrong with MCP

](https://blog.sshh.io/p/everything-wrong-with-mcp?)**

**[The techno-utopians who want to colonize the sea

](https://www.nytimes.com/2025/04/15/magazine/seasteading-libertarian-ocean-living.html)**

**[The economics of reviving extinct animals

](https://finshots.in/archive/the-economics-of-reviving-extinct-animals-colossal-de-extinction-dire-wolf-woolly-mammoth/)**

Special mentions this week

**[‘She helps cheer me up’: the people forming relationships with AI chatbots

](https://www.theguardian.com/technology/2025/apr/15/she-helps-cheer-me-up-the-people-forming-relationships-with-ai-chatbots)**

**[The quick test for the risk of early death

](https://www.bbc.com/future/article/20250414-quick-home-health-tests-to-check-your-reaction-times)**

**[The annual UBS/Art Basel report on the global art market

](https://theartmarket.artbasel.com/)**

And that's the lot! Thanks for checking out what we had to share with you this week, we shall catch up with you next Wednesday. Incase you aren't subscribed to the newsletter, you could subscribe here.

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