Spanish AI Startup Magnific AI Attracts 400,000 Users in One and a Half Months with Only Two Employees


American software giant Microsoft plans to invest $2.1 billion over the next two years to expand its artificial intelligence and cloud infrastructure in Spain. This move comes after Microsoft's announcement of a €3.2 billion specialized investment in artificial intelligence in Germany. Microsoft has not yet responded with details regarding the investment in Spain. This investment plan will strengthen Microsoft's influence in the European AI sector and support Spain's digital transformation.
Spain has established Europe's first regulatory body for artificial intelligence, which will oversee algorithm applications, data usage, and ensure AI systems adhere to ethical standards. The work of AESIA will help build public trust in AI and ensure it serves the common good of society.
Modular has raised a total of $130 million, with $100 million secured in this round. Modular aims to simplify AI deployment with products like its modular AI runtime engine. The company has also developed the AI programming language Mojo, designed to address the limitations of Python in large-scale AI.
Loomi launched the world's first AI content creation IDE, aiming to address pain points faced by creators such as low efficiency and difficulty in content adaptation. By leveraging AI technology, it optimizes the creative process and enhances content output efficiency.
Tongyi Lab of Alibaba Cloud released the Qwen Code v0.5.0 version, upgrading the domestic AI programming tool from a command-line tool to a full-chain development ecosystem platform. The new version enhances core coding capabilities and breaks through plugin integration, engineering context understanding, and developer collaboration support, introducing a multi-tool collaborative architecture to build a developer's digital workspace.