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15 Feb 2025

Figure AI Seeks $1.5 Billion Funding at $39.5 Billion Valuation, Signaling Surge in Humanoid Robotics

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

Airbnb's Cautious Approach to AI: Prioritizing Customer Service Over Trip Planning

Airbnb CEO Brian Chesky outlines the company's pragmatic AI strategy, focusing on customer service improvements while holding off on AI-powered trip planning due to the technology's current limitations.

3 Sources

Perplexity AI Launches Free Deep Research Tool, Challenging Industry Giants

Perplexity AI introduces a free Deep Research feature, powered by DeepSeek R1, offering comprehensive research capabilities to all users and potentially disrupting the AI-powered search market.

12 Sources

DeepSeek's Rise Sparks Jevons Paradox Debate in AI Industry

The sudden success of Chinese AI startup DeepSeek has ignited discussions about the Jevons Paradox in the context of AI development, challenging assumptions about efficiency and demand in the tech industry.

3 Sources

Dell Technologies Nears $5 Billion AI Server Deal with Elon Musk's xAI

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.

8 Sources

Calixto Bieito's Controversial Ring Cycle Reimagines Wagner with AI and Modern Technology

Renowned director Calixto Bieito presents a modernized version of Wagner's Ring Cycle at the Opéra Bastille, incorporating AI, cryptocurrency, and contemporary themes into the classic opera.

3 Sources

Meta's Ambitious Leap into AI-Powered Humanoid Robots for Household Chores

Meta is investing heavily in AI-powered humanoid robots designed for household tasks, aiming to create a platform for third-party manufacturers and potentially revolutionize home automation.

22 Sources

SoundHound AI Stock Plummets as Nvidia Exits Stake: Implications for AI Market

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 xAI in Talks for $10 Billion Funding Round, Valuing Company at $75 Billion

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.

5 Sources

Almonds Ai Secures INR 16 Crore in Seed Funding for AI-Driven Channel Loyalty Solutions

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.

2 Sources

Segro Shifts Data Centre Strategy to Capitalize on AI Boom

Segro, Europe's largest listed property company, plans to develop fully-fitted data centres to directly serve major cloud providers, responding to increased demand driven by AI systems.

3 Sources

Nvidia's Strong Position in AI Market Reaffirmed by Investor Optimism and Strategic Investments

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

India and US Launch TRUST Initiative to Boost Collaboration in AI, Semiconductors, and Space Technology

Prime Minister Narendra Modi and US President Donald Trump have announced the US-India TRUST initiative to enhance cooperation in critical technologies, including AI, semiconductors, and space exploration. The partnership aims to foster innovation, strengthen supply chains, and promote strategic collaboration between the two nations.

5 Sources

Wipro Appoints Amit Kumar as Global Head of Consulting, Focusing on AI-Driven Growth

Wipro Limited has appointed Amit Kumar as Managing Partner and Global Head of Wipro Consulting, aiming to drive AI-powered growth and guide clients through digital transformation.

3 Sources

BingX Labs Invests $100,000 in Fireverse: Revolutionizing Music Creation with AI and Blockchain

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.

2 Sources

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