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AI
42 posts
French startups raised over €7.1 billion in 2024, with AI leading the way
France is leading AI innovation in Europe, with 751 AI startups active by the end of 2024.
February 2, 2025
DeepSeek’s AI breakthrough sparks $1 trillion tech stock selloff, Nvidia loses $600 billion in market cap
Chinese AI startup DeepSeek has shaken the foundations of AI industry, igniting a massive selloff that wiped $1 trillion from global stock markets.
January 28, 2025
Zuckerberg says Meta to spend up to $65 billion on AI in 2025
Meta plans to invest as much as $65 billion on artificial intelligence (AI) projects in 2025, including building a giant new data center
January 26, 2025
OpenAI partners with SoftBank and Oracle on $500 billion AI Infrastructure ‘Stargate Project’
OpenAI announced Stargate Project —a partnership with Japanese conglomerate SoftBank, Oracle, and MGX— with plans to invest up…
January 22, 2025
AI-powered Halo AI raises $6 million to transform creator marketing industry
Saudi-based Halo AI is set to make waves in the evolving fields of AI and creator marketing, with the firm recently securing $6 million in seed funding.
January 16, 2025
Microsoft plans to invest $3 billion to expand AI and cloud infrastructure in India
Microsoft is making a bold move to accelerate India’s AI-driven growth, announcing a $3 billion investment in cloud and AI infrastructure over the next two years.
January 7, 2025
Apptronik and Google DeepMind partner to advance AI-powered Humanoid Robots
Apptronik, an AI-powered robotics company, has announced a strategic partnership with Google DeepMind to accelerate the evolution of humanoid robots.
December 21, 2024
Zhipu AI raises $412 million to expand services in China’s competitive AI market
Chinese AI startup Zhipu AI has raised 3 billion yuan ($412 million) to compete more effectively in the rapidly growing AI market.
December 19, 2024
Databricks hits $62 billion valuation after $10B funding round in 2024’s largest VC deal
Databricks, a prominent player in the Data and AI sector, has reached a valuation of $62 billion following a $10 billion Series J funding round.
December 18, 2024
VEON’s Jazz partners with NUST and NITB to develop Pakistan’s first local-language AI LLM
Pakistan is set to develop its first indigenous Large Language Model (LLM) tailored for its regional languages.
November 7, 2024