Robotics & AI Archives - Page 7 of 8

OpenAI and Kakao Partner to Develop AI Solutions for South Korea

4Feb No Comments

Robotics & AI

OpenAI and Kakao Partner to Develop AI Solutions for South Korea

On February 4, 2025, OpenAI announced a partnership with South Korea's Kakao Corp to develop artificial intelligence products tailored for the South Korean market. This collaboration aims to integrate OpenAI's advanced AI technologies into Kakao's diverse platforms, including its dominant messaging app, KakaoTalk, which boasts a 97% domestic market share. Kakao has been focusing on enhancing its AI capabilities to drive future growth. In 2023, the company introduced features like summarizing unread messages and adjusting message tones in KakaoTalk, utilizing a lightweight language model developed by its subsidiary, Kakao Brain. Building on these advancements, Kakao is currently testing the integration of its large language model, KoGPT 2.0, into KakaoTalk. OpenAI's CEO, Sam A...

SoftBank and OpenAI Launch AI Joint Venture in Japan with $3B Investment

3Feb No Comments

Robotics & AI

SoftBank and OpenAI Launch AI Joint Venture in Japan with $3B Investment

SoftBank Group and OpenAI have announced the formation of a joint venture, SB OpenAI Japan, to deliver AI services to Japanese businesses, with plans for potential global expansion. SoftBank's CEO, Masayoshi Son, stated that 1,000 employees will be assigned to the venture this year to begin sales and engineering work. The initiative will start with a $3 billion annual investment in OpenAI's technology for SoftBank's group businesses. This joint venture aims to establish a model for global adoption of AI services. Son believes that artificial general intelligence (AGI) will be realized sooner among large corporations due to their financial resources and data availability. Furthermore, SoftBank Group and OpenAI plan significant investment in AI infrastructure in the U.S., alongside partners ...

Meta Launches ‘Manhattan Project’ to Counter DeepSeek Threat

2Feb No Comments

Robotics & AI

Meta Launches ‘Manhattan Project’ to Counter DeepSeek Threat

Meta has launched an ambitious AI initiative dubbed the “Manhattan Project” to counter the growing threat from DeepSeek, a Chinese AI startup rapidly gaining ground in the tech world. DeepSeek’s AI models, including the DeepSeek-V3 and DeepSeek-R1, have impressed the industry with their performance and cost-effectiveness, even surpassing top models like OpenAI’s ChatGPT. In response, Meta CEO Mark Zuckerberg has emphasized the need for the U.S. to maintain global leadership in AI technology. Meta’s efforts include a massive $65 billion investment, including building a new data center nearly the size of Manhattan to enhance its AI capabilities. The competition is intensifying, with both Meta and Microsoft ramping up investments—Microsoft allocating $80 billion to AI development. The battle ...

Trump and Nvidia CEO Discuss AI and DeepSeek

1Feb No Comments

Robotics & AI

Trump and Nvidia CEO Discuss AI and DeepSeek

Nvidia CEO Jensen Huang recently met with President Donald Trump at the White House to discuss artificial intelligence (AI) policy and semiconductor technology. This meeting occurred amid rising concerns over Chinese AI startup DeepSeek's advancements, which have the potential to impact Nvidia's market position. DeepSeek has developed an efficient AI model using Nvidia's H800 chip, leading to fears of reduced demand for Nvidia products and a significant drop in the company's stock value. The meeting, arranged weeks in advance, focused on AI policy and the implications of DeepSeek's developments. While specific details were not disclosed, President Trump hinted at potential tariffs on computer chips. Nvidia emphasized the importance of strengthening U.S. AI and technological leadersh...

OpenAI’s Ambitious $300 Billion Valuation and SoftBank’s Strategic Investment

31Jan No Comments

Robotics & AI, Startups & Business

OpenAI’s Ambitious $300 Billion Valuation and SoftBank’s Strategic Investment

OpenAI, the artificial intelligence company behind ChatGPT, is reportedly seeking a valuation of $300 billion in a new funding round led by SoftBank. This ambitious target comes after a significant $6.6 billion funding round in October 2024, which valued the company at $157 billion. In the October round, Thrive Capital led with a $1.25 billion investment, while SoftBank contributed $500 million. Other notable investors included Microsoft, Nvidia, Tiger Global, Fidelity, Altimeter Capital Management, Khosla Ventures, and MGX. Following this, OpenAI allowed employees to sell approximately $1.5 billion worth of shares to SoftBank through a tender offer, further strengthening the partnership between the two companies. SoftBank's increased investment aligns with CEO Masayos...

Microsoft Struggles with AI Monetization While Meta Rides the AI Wave to Success

30Jan No Comments

Robotics & AI

Microsoft Struggles with AI Monetization While Meta Rides the AI Wave to Success

Microsoft's recent financial outlook has raised concerns among investors, leading to a 6% drop in its share price. Despite substantial investments in artificial intelligence (AI) and the Azure cloud platform, the anticipated surge in cloud revenue has not materialized. Azure's growth has decelerated for two consecutive quarters, with projections indicating a 19.7% increase in the second quarter, down from 16% in the first quarter. This slowdown has intensified investor apprehension regarding the monetization of AI investments and the management of associated costs. In contrast, Meta Platforms has experienced a significant uptick in its stock value, rising by 76% over the past year. This growth is attributed to effective cost management and the successful integration of AI technologi...

Alibaba Unveils New AI Model, Claims It Surpasses DeepSeek

29Jan No Comments

Robotics & AI

Alibaba Unveils New AI Model, Claims It Surpasses DeepSeek

Alibaba unveiled Qwen 2.5-Max, an advanced iteration of its artificial intelligence model, asserting that it surpasses the capabilities of the acclaimed DeepSeek-V3. This release comes amid heightened competition in the AI sector, particularly following DeepSeek's rapid ascent in recent weeks. According to Alibaba's cloud division, Qwen 2.5-Max outperforms leading models such as GPT-4o, DeepSeek-V3, and Llama-3.1-405B across various benchmarks. The timing of this announcement, coinciding with the Lunar New Year—a period when most Chinese businesses are on hiatus—highlights the urgency Alibaba feels in responding to DeepSeek's recent advancements. DeepSeek's emergence has not only disrupted international competitors but has also intensified domestic rivalry. In response, compan...

OpenAI Launches ChatGPT Gov for U.S. Government Agencies Amid Growing AI Competition

28Jan No Comments

Robotics & AI

OpenAI Launches ChatGPT Gov for U.S. Government Agencies Amid Growing AI Competition

OpenAI has unveiled ChatGPT Gov, a specialized version of its AI chatbot tailored for U.S. government agencies. This platform enables secure access to advanced models like GPT-4o, facilitating the handling of non-public sensitive data within agencies' own Microsoft Azure cloud environments. ChatGPT Gov offers features akin to ChatGPT Enterprise, including conversation storage, sharing capabilities, custom GPT creation, and an administrative IT console. These tools empower agencies to manage security, privacy, and compliance requirements effectively. The launch of ChatGPT Gov comes amid rising competition in the AI sector, notably from the Chinese AI startup DeepSeek, which recently surpassed ChatGPT in App Store downloads with its free AI assistant. This development has promp...

DeepSeek’s Disruptive AI Model Triggers $1 Trillion Loss in Tech Stocks

27Jan No Comments

Robotics & AI

DeepSeek’s Disruptive AI Model Triggers $1 Trillion Loss in Tech Stocks

The technology sector is facing significant turbulence following the launch of DeepSeek, a Chinese AI startup's cost-effective large language model. This development has led to a substantial decline in tech stocks, with market capitalization losses potentially reaching $1.2 trillion. Nvidia, a leading microprocessor manufacturer, experienced a dramatic drop of over 12% in its stock price, resulting in a market value loss exceeding $400 billion. This marks the largest single-day devaluation in the company's history. The introduction of DeepSeek's AI model, which offers comparable capabilities to existing models at a fraction of the cost, has raised concerns about the sustainability of current AI infrastructure investments. Analysts suggest that this development could prompt a reev...

China’s DeepSeek Disrupts Silicon Valley, Ignites Global AI Race

26Jan No Comments

Robotics & AI

China’s DeepSeek Disrupts Silicon Valley, Ignites Global AI Race

Chinese AI startup DeepSeek has emerged as a major player, gaining recognition in Silicon Valley for its AI models, including the V3 and R1. Despite limited resources and hardware compared to Western competitors, DeepSeek's models rival those from tech giants like OpenAI and Google, showcasing China's ability to innovate under constraints. This has reignited debates over open-source vs. proprietary AI, with Meta's Yann LeCun emphasizing the role of open research in DeepSeek's success. Meta plans to spend $60 billion in 2025 to bolster AI infrastructure. These developments highlight a growing global AI race, fueled by geopolitical tensions and competition for dominance. As China advances rapidly, the push for international regulation intensifies to ensure AI technologies are responsi...