Thursday, 30 January 2025
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SoftBank set to invest US$500 million in SkildAI robotics startup

SoftBank is set to invest US$500M in robotics startup SkildAI, valuing it at US$4B. AI-powered robotics funding surges with major tech backing.

Trump plans tariffs on imported chips ‘soon’

Trump plans tariffs on imported chips, semiconductors, and pharmaceuticals to boost US manufacturing without subsidies.

Reid Hoffman and Siddhartha Mukherjee launch AI drug discovery startup with US$24.6M funding

Reid Hoffman and Siddhartha Mukherjee launch Manas AI, an AI drug discovery startup, raising $24.6M to target cancers with Microsoft's cloud tech.

Former Intel CEO Pat Gelsinger embraces DeepSeek’s AI model for his startup, Gloo

DeepSeek’s open-source AI model, R1, impressed former Intel CEO Pat Gelsinger. It is reshaping the AI industry with affordability and innovation.

Nvidia loses US$600 billion in market cap as Chinese AI startup DeepSeek rises

Nvidia loses US$600B after Chinese AI startup DeepSeek’s R1 model proves advanced AI is possible without high-end chips.

Perplexity submits new bid to merge with TikTok

Perplexity AI proposes merging with TikTok, offering the U.S. government up to 50% ownership in a deal shaped by Trump administration demands.

Meta to invest US$65 billion in AI infrastructure in 2025

Meta will invest US$65 billion in AI by 2025, building massive data centres and expanding AI teams to lead cutting-edge innovation.

Bytedance explores alternatives to selling TikTok’s US operations

Bytedance explores non-sale options for TikTok's US operations as US-China talks continue, aiming to address national security concerns and maintain users.