Spain to Grant $155 Million to Help Companies Develop AI
The Spanish government intends to support the development of artificial intelligence, which is another example of the importance of AI as an advanced technology of modernity.
AI
Barclays Estimates AI Could Triple US Data-Centre Usage by 2030
Barclays’ recent report projects that data-centre usage will likely triple due to the rapid AI growth by 2030. The firm’s estimates are notably higher than the current sustainable consensus, raising questions about the potential implications of AI development for global efforts to reduce greenhouse gas emissions.
Citi GPS Identifies Agentic AI as a Transformative Force in Finance
A recent Citi GPS report reveals a significant rise in venture capital funding for autonomous AI startups, as the game-changing agentic AI technology attracted record investments in 2024.
Perplexity AI Acquires Read.cv
Perplexity AI, an artificial intelligence-powered search engine, acquires Read.cv, a social media platform for professionals that competed with Linkedln.
AI Video Platform Synthesia Doubles Valuation
Synthesia, a video platform that uses artificial intelligence to generate clips featuring multilingual human avatars, raised $180 million as part of an investment round valuing this startup at $2.1 billion.
AI Agent Market Cap Sees Tremendous Growth
The market capitalisation of cryptocurrencies traded by AI agents surged by 322% in the fourth quarter of 2024.
Nvidia Invests in MetAI Startup Developing AI-Powered Digital Twins
Nvidia has made its first investment in a Taiwanese startup MetAI, focusing on AI-driven digital twin technology, within its $4 million seed funding round.
US Tightens Its Grip on AI Chip Shipments
Last Monday, January 13, the United States government announced the continuation of its efforts to expand restrictions on the export of artificial intelligence chips and technologies.
AWS and General Catalyst to Speed Up Development of Health-Care AI Tools
Amazon Web Service (AWS) and venture capital company General Catalyst on Monday, January 13, announced a new multi-year partnership as part of their quest to form their own share in the growing market for artificial intelligence technologies intended for use in the healthcare area.
Female-Led Fintech: Top Apps Addressing Gender-Specific Issues
While the progress of gender equality in the world is unquestionable, a larger part of the global unbanked population is female, with the divide being more prominent in developing economies. However, select fintech startups focus on narrowing this gap, addressing gender-specific financial challenges with their tech-driven solutions.
TSMC Posts Revenue
Taiwan Semiconductor Manufacturing Co. (TSMC) has released information on its revenue for the quarter ended in December.
Nevermined Secures $4M Funding to Develop PayPal-Like AI-Commerce Platform
Nevermined received fresh funding to develop a payment system tailored for seamless transactions between AI agents, addressing the limitations of traditional payment infrastructure in the rapidly evolving AI-Commerce space.
Samsung Ramps Up Investments in AI
Samsung Electronics Co. is currently increasing its investment in artificial intelligence for consumer electronics.
Anthropic Reportedly to Raise $2 Billion
The media published information that the startup Anthropic, which is currently one of the largest players in the global artificial intelligence industry, is close to concluding the deal to raise an additional $2 billion.
AI Startups Drive VC Funding Resurgence
According to data that was published by PitchBook on Tuesday, January 7, artificial intelligence startups have made significant contributions to the recovery of United States venture capital funding from market lows.
Salesforce Data Shows AI-Powered Shopping Boosts Online Holiday Sales
Salesforce has released a report stating that chatbots powered by artificial intelligence helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by almost 4% year-on-year.
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