Elon Musk’s xAI Releases Grok 3
Elon Musk’s xAI has unveiled its latest artificial intelligence model called Grok 3.
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South Korea Plans to Secure 10,000 GPUs for National AI Computing Centre
On Monday, February 17, South Korea announced its plans to secure 10,000 high-performance graphics processing units in a bid to keep pace as the global artificial intelligence race escalates.
Bain Backs AI Cybersecurity Startup Dream
Dream, an artificial intelligence company providing cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, raised $100 million at a valuation of $1.1 billion.
Chip Designer Arm Reportedly Plans to Become Chip Manufacturer
The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.
OpenAI Seeks to Grand Expansion
OpenAI is currently one of the leading players in the global artificial intelligence industry, which since 2015 has gone from being one of the Silicon Valley startups with only a name and a very ambitious goal to perhaps the main source of transformation of the technological environment, now striving to scale its activities.
Baidu Democratizes Access to Ernie AI Model
Chinese AI pioneer Baidu wants to make its Ernie 4.5 model open-source and free to use as the industry competition surges.
ServiceNow Launches AI Transformation Suite for US Federal Agencies
As the US federal government is focused on improving agencies’ workflows and legacy systems, ServiceNow underscores its dedication to transforming public sector operations through advanced technology with the new Government Transformation Suite.
Apple Reportedly Partners With Alibaba in AI
Apple and its competitors in the Chinese smartphone market are currently actively fighting for the fastest possible adoption of rapidly improving artificial intelligence models in the Asian country, including from local developers of digital intelligence systems such as DeepSeek and Alibaba Group Holding.
Workday Launches Tool for Managing AI Agent Fleets
Workday has launched a tool that helps companies manage their artificial intelligence agents.
Baidu CEO Says About AI Spend
Baidu chief executive officer Robin Li said on Tuesday, February 11, that investments in data centers and cloud infrastructure are still necessary, even though the example demonstrated by DeepSeek contains reasons to doubt the cost efficiency of large artificial intelligence models.
EU to Mobilize 200 Billion Euros for AI Investments
European Commission President Ursula von der Leyen said on Tuesday, February 11, that the European Union would mobilize a total of 200 billion euros ($206.5 billion) to invest in artificial intelligence in the region.
AI Funding Surges 62% Despite Overall Decline
In 2024, startup funding declined by a dozen percentage points, while investments into projects linked to innovative artificial intelligence (AI) skyrocketed, illustrating a 62% growth.
Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI
On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.
French Alternative to Stargate AI Secures $112B
As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.
Saudi Arabia Announces $14.9B AI Investment
In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.
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