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18 Feb 2025

Y Combinator Launches Summer Fellows Grants for AI-Focused Student Projects

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

South Korea Aims to Secure 18,000 GPUs by 2026 to Boost National AI Computing Capabilities

South Korea announces plans to acquire 18,000 high-performance GPUs by mid-2026, with 10,000 units to be secured this year, as part of its strategy to enhance AI computing capabilities and compete in the global AI race.

3 Sources

stc Group and SambaNova Launch Sovereign AI Cloud Platform in Saudi Arabia

Saudi Arabia's stc Group partners with SambaNova to introduce a sovereign AI cloud platform, featuring the world's largest open-source frontier model and advanced generative AI capabilities, aiming to drive innovation across sectors in the kingdom.

2 Sources

DeepSeek Faces Server Capacity Challenges Amid Rapid Growth and Cyber Attacks

DeepSeek, a rapidly growing AI chatbot, is experiencing significant server capacity issues, leading to frequent "busy server" responses. The company struggles to meet user demand due to limited GPU resources and recent cyber attacks.

2 Sources

Veea and Vapor IO Partner to Offer Turnkey AI-as-a-Service Solutions for Edge Computing

Veea Inc. and Vapor IO announce a strategic partnership to provide AI-as-a-Service solutions, combining edge computing and AI technologies for enterprise applications without the need for significant infrastructure investment.

2 Sources

Nvidia and Memory Giants Collaborate on SOCAMM: A New Standard for AI-Focused Memory Modules

Nvidia is reportedly working with SK Hynix, Samsung, and Micron to develop SOCAMM (System On Chip Advanced Memory Module), a new memory standard designed for high-performance AI applications. This compact and efficient module could revolutionize personal AI supercomputers.

2 Sources

MARBLE: A Breakthrough in Decoding Brain Dynamics Across Individuals

Researchers develop MARBLE, a geometric deep learning method that can identify shared brain activity patterns across different subjects, potentially revolutionizing our understanding of neural computations and behavior.

4 Sources

OpenAI Co-Founder's AI Startup 'Safe Superintelligence' Nears $1B Funding at $30B Valuation

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

AI Decodes Brain Cell Evolution Across 320 Million Years

Belgian researchers use deep learning to analyze genetic regulatory codes in human, mouse, and chicken brains, revealing insights into brain cell evolution and potential applications in disease research.

2 Sources

PhotonPay Integrates AI-Powered AML and Risk Engine to Enhance Global Payment Solutions

PhotonPay, a digital financial infrastructure provider, has implemented an AI-powered anti-money laundering (AML) and risk engine to improve its Know Your Customer (KYC) processes and enhance compliance measures for global payment solutions.

2 Sources

The New York Times Embraces AI Tools for Newsroom Operations

The New York Times introduces AI tools for its editorial and product staff, sparking discussions about the role of AI in journalism and raising questions about the newspaper's ongoing lawsuit against OpenAI.

5 Sources

The Latest AI Models: Capabilities, Costs, and Considerations

An overview of the most advanced AI models released since 2024, detailing their capabilities, use cases, and accessibility.

2 Sources

Zomato Launches Nugget: AI-Powered Customer Support Platform for Global Businesses

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 Raises $100M at $1.1B Valuation for AI-Powered Critical Infrastructure Cybersecurity

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

Baidu's Market Value Drops $2.4 Billion Amid CEO's Absence from Xi Jinping's Tech Meeting

Baidu's stock plummets following CEO Robin Li's absence from a crucial meeting with Chinese President Xi Jinping, while the company announces plans to integrate new AI models into its search engine.

2 Sources

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