Perplexity+TikTok?
1.18.25
Top News
OpenAI: $175B in Global Funds Awaiting Investment in AI Projects - OpenAI argues that if US does not attract funds, they will flow to China projects
Perplexity Makes Bid to Buy TikTok - Bid would combine Perplexity and TikTok's US business
Other Top News
OpenAI Partnering With Axios - Partnership offers OpenAI access to content, helping fund Axios Local to expand local news coverage
Apple Sidelines AI News Summaries Due to Errors -
HuggingFace: Developers Likely to Create More Agentic "Base Models - As more risks arise from system as users cede more control to model, changes needed to make AI agents beneficial to society
AI Software
OpenAI Develops First Biology-Focused AI Model with Retro Biosciences - Marks OpenAI's first foray into scientific discovery and longevity research, transforming adult skin cells into stem cells
Nvidia: AI Adopted At 9 Out of 10 Retailers - Nvidia's 2nd State of AI in Retail and CPG survey shoes 89% of retailers are actively using AI or assessing AI projects
Microsoft: MatterGen AI Tool to Advance Methods of New Materials Discovery - New generative AI tool outperforms traditional screening methods by a multitude
AI Hardware
AMD Radeon Instinct MI300A's Giant Memory Subsystem - Combines AMD's CPU and GPU prowess on a massive scale, will help shift more share from Nvidia to AMD
China Based Chip Designer Cambricon Reports First Ever Profit - Represents Chinese companies first foray into Nvidia's market
AI Policy
FTC Scrutinizing OpenAI and Anthropic's Partnerships With Cloud Giants - Report from FTC raises concerns on relationships having huge monopolistic implications
Scale AI: Stresses Partnership With Public Sector - Company deepening ties to defense industry and US military agencies
AI Investment
Instabase Raises $100M in Series D - Qatar Investment Authority leads round for AI-powered unstructured data processing platform, platform that allows document processing with generative AI features. Four of five major US banks use the platform
Perplexity Acquires Read.cv - Social media platform for professionals, that competed with LinkedIn, acquired and will join the Perplexity team