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11 Feb 2025

Saudi Arabia's NEOM Secures $5 Billion Investment for AI Data Center

Saudi Arabia's futuristic city NEOM has signed a $5 billion deal with DataVolt to build a sustainable AI data center, marking a significant step in the kingdom's ambition to become an AI hub.

8 Sources

BYD Challenges Tesla with DeepSeek AI Integration in Self-Driving Technology

Chinese EV giant BYD partners with AI startup DeepSeek to roll out advanced driver assistance systems across its vehicle lineup, potentially gaining an edge over Tesla in the competitive Chinese market.

12 Sources

Monday.com Soars on Strong Q4 Earnings, AI-Driven Growth Strategy

Monday.com reports impressive Q4 2024 results, with revenue and earnings beating estimates. The company's focus on AI innovation and product expansion drives optimistic outlook for 2025.

3 Sources

AI-Driven Job Displacement Hits IT Sector: Unemployment Rises Amid Technological Shift

Recent data reveals a significant increase in IT sector unemployment, with AI adoption potentially displacing human workers. The trend affects various roles, particularly in software development and white-collar jobs, as companies invest in AI to reduce costs and improve efficiency.

2 Sources

Salesforce Announces $500 Million AI Investment in Saudi Arabia, Expanding Global AI Footprint

Salesforce plans a significant $500 million investment in Saudi Arabia to boost AI innovation, introduce Hyperforce, and expand its partner ecosystem, marking a major step in the company's global AI strategy.

4 Sources

NXP Semiconductors Acquires Edge AI Pioneer Kinara for $307 Million

NXP Semiconductors has agreed to acquire Kinara, a California-based startup specializing in neural processing units for edge AI applications, for $307 million. This acquisition aims to enhance NXP's AI capabilities in industrial and automotive markets.

5 Sources

Sam Altman Predicts Rapid AI Progress, Compares to Moore's Law

OpenAI CEO Sam Altman discusses the accelerating pace of AI development, drawing parallels to Moore's Law and predicting the imminent arrival of AGI with significant societal implications.

2 Sources

ARM CEO Predicts Potential Ban on DeepSeek AI in the US, Citing Security Concerns

ARM CEO Rene Haas expresses skepticism about DeepSeek's claims and predicts it may face a ban in the US, drawing parallels to TikTok's challenges. The story explores the implications for the AI industry and global tech competition.

2 Sources

GenAI Set to Boost Productivity in India's IT and Retail Sectors by Up to 45%

EY India's report reveals significant productivity gains expected in India's IT and retail industries through the adoption of Generative AI, with widespread implementation already underway.

3 Sources

Smart Food Packaging: AI and Technology Innovations to Combat Food Waste and Insecurity

Innovative smart food packaging technologies using AI and advanced sensors aim to reduce global food waste, improve food safety, and address food insecurity by providing real-time monitoring of food quality.

2 Sources

10 Feb 2025

Mistral AI Considers Fundraising for New Data Center in France

Mistral AI, a prominent artificial intelligence startup, is exploring additional funding options to finance a new data center in France, as announced by CEO Arthur Mensch.

2 Sources

OpenAI Nears Completion of Custom AI Chip to Reduce Nvidia Dependence

OpenAI is finalizing the design of its first in-house AI chip, aiming to reduce reliance on Nvidia. The chip, set for TSMC production using 3nm technology, is expected to enter mass production by 2026.

21 Sources

Mistral AI Announces Plans for Multi-Billion Euro Data Centre in France, Launches AI Assistant 'Le Chat'

French AI startup Mistral AI reveals plans to invest billions in a new data centre, introduces AI assistant 'Le Chat', and prepares for global expansion and IPO, signaling France's ambition in the AI race.

2 Sources

European AI Powerhouses Mistral and Helsing Forge Alliance for Military AI Development

Mistral and Helsing, two of Europe's leading AI startups, have announced a partnership to develop advanced military AI systems, focusing on vision-language-action models for enhanced defense capabilities.

2 Sources

Intel's AI and Data Center Chief Justin Hotard Appointed as Nokia's New CEO

Justin Hotard, former head of Intel's Data Center and AI Group, has been appointed as Nokia's new CEO, effective April 1, 2025. This move highlights Nokia's focus on AI, data centers, and emerging technologies.

13 Sources

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