23 New Unicorn Companies in Large Models Emerge in 2023, 6 from China

Massive Government Investment: New $82 Billion AI Fund to Boost Early-Stage Projects

China recently announced a 60 billion RMB (approximately $82 billion USD) national fund dedicated to investing in early-stage artificial intelligence (AI) projects. This move demonstrates Beijing's commitment to fostering the AI industry and aims to further elevate China's position in the global technology competition through government-led investment. According to Zhang Jianhua, an official from the Ministry of Industry and Information Technology, speaking at a conference in Shenzhen, the "National AI Investment Fund" was established in January this year under the joint guidance of industrial and financial departments. The fund's...

Amazon CEO Reveals Custom Chips Lowering AI Costs, $100 Billion Investment Planned for 2025

In a recent annual letter to shareholders, Amazon CEO Andy Jassy highlighted the company's significant investment in artificial intelligence (AI). He noted that while the development and deployment costs of AI remain high, future AI usage costs are expected to decrease significantly as technology advances. Image Note: Image generated by AI, image licensing provider Midjourney. Jassy revealed that Amazon plans to invest up to $100 billion in capital expenditures in 2025.

Mira Murati's New AI Startup Aims for Historic $20 Billion Seed Round

Thinking Machines Lab, a new AI startup from former OpenAI CTO Mira Murati, is reportedly pursuing one of the largest seed funding rounds in history. According to Business Insider, the company has doubled its seed funding target to $20 billion. If successful, this round would value the company at least $10 billion. Thinking Machines Lab has only recently emerged from stealth mode and currently has no publicly available products.

SandboxAQ, Quantum AI Startup, Raises $450 Million with Google and Nvidia Investment

Quantum artificial intelligence startup SandboxAQ announced the successful completion of its Series E funding round, raising $450 million. This round attracted investment from industry giants including Google, Nvidia, and BNP Paribas, bringing SandboxAQ's total funding to $950 million. The company stated that the funds will be used to accelerate the development of its large quantum models and foster collaborations across various industries. Image note: Image generated by AI, image licensing provider Midjourney.

Google Reiterates $75 Billion Capital Expenditure Plan for 2025, Continuing AI Infrastructure Investment

According to AIbase, Google's parent company Alphabet has reaffirmed its $75 billion capital expenditure plan for 2025 in recent earnings calls and public statements. This underscores Google's continued commitment to infrastructure development, particularly in maintaining its leadership position in Artificial Intelligence (AI). The massive investment focuses on AI computing power. As a global tech giant, Google's capital expenditure plans are closely watched by the industry. AIbase analysis indicates that the reiterated $75 billion...

Google Reiterates $75 Billion Investment Plan to Accelerate AI Infrastructure

Alphabet Inc., Google's parent company, recently reaffirmed its capital expenditure plan of approximately $75 billion for 2023. This investment aims to expand data centers and acquire necessary chips and servers to support core business enhancements and the development of artificial intelligence (AI) services. Sundar Pichai, Alphabet's CEO, detailed the plan at Google Cloud's annual conference. Image note: Image generated by AI, image licensing service Mi.

Guangdong Province Unveils Multiple AI Large Models and Application Scenarios to Drive Industry Transformation and Upgrading

At a press conference held in Guangzhou, the Leading Group Office for Innovation and Development of Guangdong's Artificial Intelligence and Robotics Industry showcased 8 AI industry large models, along with 30 application scenarios, 29 solutions, and 13 smart terminal products. These innovative achievements mark a significant step forward for Guangdong in the AI field, aiming to better integrate artificial intelligence into various industries. Qu Xiaojie, Deputy Director-General of the Guangdong Provincial Department of Industry and Information Technology, noted at the press conference that these 8 large models have already been initially applied in several relevant fields and have achieved...

a16z Plans to Raise $20 Billion Mega-Fund Focused on AI Investment

Andreessen Horowitz (a16z) is reportedly planning to raise a massive $20 billion fund, significantly bolstering its already substantial investments in the artificial intelligence sector.

OpenAI Urges Europe to Increase AI Infrastructure Investment to Boost Market Competitiveness

SenseCore 2.0 Upgrade Imminent: Exponential Growth in Computing Power Expected from SenseTime

SenseTime announced that its 2025 SenseTime Technology Exchange Day will be held on April 10th at 2 PM. SenseTime's SenseCore AI infrastructure is set for a major upgrade, promising exponential growth in its technological capabilities. This upgrade will significantly enhance its capabilities, particularly in AI infrastructure, embodied AI research and development, and the application of industry-specific large models. Since its launch in 2021, SenseCore has successfully integrated nationwide resources as a new type of AI infrastructure.