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X discusses a new financing round at $44 billion
Feb 20,2025
Elon Musk's social media company X is currently in discussions to raise funds from investors at a$44 billion valuation, according to Bloomberg News. Musk purchased the platform, formerly known as Twitter, for the same price in 2022. The financing tal...
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Meta announces LlamaCon as it accelerates AI push
Feb 20,2025
Meta has unveiled plans to host its first-ever developer conference dedicated to generative AI, called LlamaCon. Scheduled for April 29, the event will focus on Meta's open-source AI efforts, particularly its Llama models. The company aims to share u...
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New Fiverr AI model offers creative control to freelancers
Feb 19,2025
Freelance marketplace Fiverr is rolling out new AI tools designed to help gig workers streamline their work and maintain competitiveness. The 'Personal AI Creation Model' allows freelancers to train AI systems on their own work, offering clients eith...
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Vision pro to get AI and guest mode upgrade in April
Feb 19,2025
Apple is set to introduce AI-driven features to its Vision Pro headset, including a new spatial content app and an enhanced guest user mode. The update, expected in April, may be available in beta for developers as early as this week, according to so...
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Google Meet update brings smarter AI-powered notes
Feb 19,2025
Google Meet's AI-driven note-taking feature is getting a major upgrade with the ability to generate action items from meeting transcripts. The update, powered by Google's Gemini AI, will automatically identify key tasks, assign deadlines, and designa...
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AI leadership goal drives South Korea's GPU investment
Feb 19,2025
South Korea has unveiled plans to acquire 10,000 high-performance GPUs by the end of the year, aiming to strengthen its national AI computing capabilities. Officials emphasised that global AI competition has escalated from corporate rivalries to clas...
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DeepSeek's success drives Baidu's plan to open-source Ernie 4.5
Feb 19,2025
Baidu has announced plans to open-source its upcoming Ernie 4.5 chatbot series, citing inspiration from the success of AI firm DeepSeek. The move is aimed at encouraging greater adoption of its technology by making it more accessible. Baidu also plan...
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French AI firm expands focus to the Middle East
Feb 19,2025
French AI company Mistral has introduced Mistral Saba, a language model tailored for Arabic-speaking users. Unlike its previous general-purpose models, Saba is designed to handle Arabic content more naturally and effectively, positioning Mistral as a...
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Cybersecurity firm Dream secures $100 million, hits $1.1 billion valuation
Feb 19,2025
A cybersecurity firm co-founded by former Austrian Chancellor Sebastian Kurz and Israeli entrepreneurs has reached a valuation of$1.1 billion after securing$100 million in a new funding round. The company, known as Dream, focuses on AI-driven cyberse...
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Chip experts nominated for Samsung's board
Feb 19,2025
Samsung Electronics has nominated two of its top chip executives and a semiconductor expert for its board, aiming to enhance its position in the competitive chip market. The move reflects a strategic effort to revitalise its struggling semiconductor ...
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Japan's AI adoption lags behind global trends
Feb 19,2025
Despite 61 percent of Japanese people being aware of generative AI, only 9 percent have used it, a recent survey by the Nomura Research Institute revealed. Younger generations show higher adoption rates, but overall public hesitation remains, particu...
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AI tools approved for New York Times staff
Feb 19,2025
The New York Times has officially approved the use of AI tools for its editorial and product teams, allowing AI to assist with tasks such as generating social media copy, writing SEO headlines, and coding. As part of this shift, the publication has i...
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