South Korea announced plans to secure 10,000 high-performance GPUs, aiming to establish a national AI computing centre and compete in the global AI race.
xAI launched the Grok 3 model family on February 17, 2025, with a mini variant for speed and beta features like DeepSearch. Claims benchmark wins over GPT-4o and Claude 3.5.
Alibaba confirmed its AI partnership with Apple for Chinese iPhones during the World Governments Summit in Dubai, causing a surge in its share price.
The European Union will invest €200 billion in AI, including €20 billion for gigafactories, to support collaborative development of complex AI models. This initiative aims to make AI a force for good and growth, following similar investments by France and the US.
OpenAI CEO Sam Altman publicly rejected a $97.4 billion offer from Elon Musk and other investors to take control of the AI giant. The bid aimed to set a valuation floor for OpenAI’s components, including ChatGPT, and underscores the deepening rift between the co-founders.
French President Emmanuel Macron has announced a €109 billion ($112 billion) private investment in France’s AI ecosystem. This investment aims to accelerate AI development and establish France as a global AI leader, with a focus on new AI-focused data centers and leveraging nuclear power for AI training.
The UAE and France have signed a €30-50 billion agreement to develop a 1 GW AI data center, supported by sustainable energy and strategic partnerships. This project positions Europe as a key player in the global AI race.
SoftBank and OpenAI have launched a joint venture, SB OpenAI Japan, with a $3 billion annual investment to integrate AI technologies into SoftBank’s subsidiaries and provide advanced AI services to major Japanese companies.
OpenAI is set to raise $40 billion in funding, pushing its valuation to $340 billion. This record-breaking move highlights the AI investment boom and the increasing stakes in artificial intelligence innovation.
