Nvidia NeMo Project: Generative AI Enhances Semiconductor Chip Design


AI coding assistant Cursor raised $2.3B, valuation surged from $9.9B to $29.3B. Led by Accel and Coatue, with Nvidia and Google participating. Funds will support October launch of proprietary model Composer.....
Microsoft invests $10B in an AI data center in Sines, Portugal, marking its largest investment in the country and a key move in Europe's AI infrastructure race, following Google's $6.4B investment in Germany.....
The Cyberspace Administration continues to promote the filing of generative AI services, with 73 new services having completed the filing. Local cyberspace administration departments are strengthening regulation over API calls of already filed models, aiming to promote innovation and standardized application.
AI startup Gamma completes $680 million in funding, led by a16z, with a valuation of $2.1 billion. The company initially focused on simplifying presentation processes when it was founded in 2020, and in March 2023, it shifted to generative AI business, successfully achieving a strategic transformation.
New York-based Kaltura acquired Israeli startup eSelf.ai for approximately $27 million. eSelf focuses on developing AI-powered digital human technology that can engage in conversations. Its products will be integrated into Kaltura's enterprise video and learning tools. The company was founded in 2023, and its founding team previously successfully sold a previous startup to Snap.