AI Startup Genspark Reportedly Raises $100 Million
Search startup Genspark raised $100 million in a Series A funding round.
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Chinese Universities Launch DeepSeek Courses
This month, local universities in China launched artificial intelligence courses based on the Chinese AI startup DeepSeek, which breakthrough in the global digital intelligence industry has been described by some experts as a kind of so-called Sputnik moment for an Asian country and has become one of the most discussed topics in the world’s information […]
CredCore Raises $16 Million to Disrupt Enterprise Debt Investment with AI
The $16M Series A funding round led by Avataar Ventures will help CredCore, an AI-driven startup, to enhance transaction efficiency in the enterprise debt investment sector, enabling clients to expand their teams and increase their assets under management (AUM).
Rise in AI Search Engine Use Ushers New Marketing Era
Bain & Company reveals that 80% of search engine users rely on AI summaries at least 40% of the time, forcing brands to rethink their marketing strategies or lose visibility.
Luminance Raises $75 Million
Artificial intelligence company Luminance raised $75 million.
Ascendion and Axos Bank Join Efforts to Revolutionize Digital Banking With AI
In collaboration with Ascendion, a leader in AI-driven software engineering, Axos Bank’s Zenith platform is set to incorporate innovative features that streamline banking operations and offer personalized services to its users.
Stacks Raises $10 Million
Self-described artificial intelligence-powered workspace Stacks has stated that it has become richer by $10 million.
Elon Musk’s xAI Releases Grok 3
Elon Musk’s xAI has unveiled its latest artificial intelligence model called Grok 3.
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.
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.
Workday Launches Tool for Managing AI Agent Fleets
Workday has launched a tool that helps companies manage their artificial intelligence agents.
Sardine Raises $70 Million
Sardine raised $70 million in a Series C funding round.
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.
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.
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