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Year
Month
18 Feb 2025
Y Combinator introduces Summer Fellows Grants, offering $20,000 in cash and substantial cloud computing credits to undergraduate students for technical projects, with a focus on AI innovations.
2 Sources
Safe Superintelligence, founded by former OpenAI chief scientist Ilya Sutskever, is reportedly close to raising over $1 billion at a $30 billion valuation, despite having no product. The startup aims to build safe superintelligent AI.
8 Sources
Zomato, the food delivery giant, introduces Nugget, an AI-native customer support platform developed in-house. This move marks Zomato's expansion into B2B solutions and showcases the growing influence of AI in customer service.
5 Sources
Dream Security, an Israeli AI-driven cybersecurity startup, has raised $100 million in a Series B funding round led by Bain Capital Ventures, valuing the company at $1.1 billion. The company specializes in protecting critical infrastructure and government systems using advanced AI models.
6 Sources
17 Feb 2025
KiranaPro, an AI-powered quick commerce platform, has integrated with India's Open Network for Digital Commerce (ONDC), becoming the first such company to do so. This integration allows KiranaPro to connect with over 7 lakh registered vendors across India, aiming to revolutionize the quick commerce space.
Tencent begins testing DeepSeek's AI model in its Weixin app, alongside its own Hunyuan model, sparking a significant rise in stock prices and renewed interest in Chinese AI advancements.
16 Feb 2025
Tencent's popular messaging app Weixin is beta testing integration with DeepSeek, a rising Chinese AI startup, signaling a major move in the competitive AI landscape.
15 Feb 2025
Figure AI, a startup developing humanoid robots, is in talks to raise $1.5 billion at a $39.5 billion valuation, marking a significant leap in the AI-powered robotics industry. This development comes amid growing interest from major tech companies in humanoid robots.
4 Sources
Dell Technologies is close to finalizing a deal worth over $5 billion to supply AI-optimized servers to xAI, Elon Musk's AI startup. The deal involves servers equipped with Nvidia's advanced GB200 semiconductors, set to bolster xAI's ambitious AI infrastructure expansion plans.
SoundHound AI's stock price drops significantly after Nvidia sells its entire stake in the company, raising questions about the future of the voice AI firm and the broader AI market.
7 Sources
Elon Musk's AI startup xAI is reportedly seeking a $10 billion funding round, potentially valuing the company at $75 billion. The company is also nearing a deal with Dell for AI servers and preparing to release its latest AI model, Grok 3.
Almonds Ai, a channel loyalty and rewards platform, has raised INR 16 crore in seed funding led by Haldiram's promoters and JITO-JIIF. The startup plans to expand globally and enhance its AI-powered solutions for distribution networks.
Nvidia's stock remains a strong buy amid continued AI investments by major tech companies, while the chipmaker makes strategic moves in the AI market through new investments and divestments.
15 Sources
BingX Labs has invested $100,000 in Fireverse, an AI-driven Web3 music platform, to advance AI-powered music creation and blockchain-based monetization in the music industry.
14 Feb 2025
WTFund, led by Zerodha co-founder Nikhil Kamath, announces its second cohort of 22 young entrepreneurs under 25, with a focus on AI-driven startups. The initiative provides funding, mentorship, and support to foster innovation across various sectors in India.
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