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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...

OpenAI is taking action in the field of local news. Recently, the media organization Axios announced a three-year partnership with OpenAI. Under this agreement, OpenAI will fund Axios's expansion of local news newsletters in four new cities, including Pittsburgh, Pennsylvania; Kansas City, Missouri; Boulder, Colorado; and Huntsville, Alabama. Notably, this collaboration marks the first time OpenAI has directly funded news initiatives in partnership with them.

OpenAI is currently in a round of funding negotiations expected to raise nearly $7 billion. According to insiders, Apple has recently withdrawn from participating in this round of talks, which are set to conclude next week. Another two tech giants, Microsoft and Nvidia, are also in discussions to join this round of negotiations. Insiders suggest that Microsoft is expected to invest an additional $1 billion on top of its previous investment of $13 billion in the company. The funding negotiations are not yet finalized, and participants and investment amounts may change. This round of financing will help OpenAI further advance.

Recently, the United Nations released a widely discussed report proposing the establishment of a global artificial intelligence fund aimed at helping developing countries access technological dividends. This proposal has the backing of the UN Secretary-General's High-Level Advisory Board on Artificial Intelligence, calling for contributions from governments and private enterprises to assist countries that cannot invest in AI independently. Notably, one of the main speakers of the report, Ms. Wendy Hall, a computer science professor at the University of Southampton, pointed out the challenges faced by Western nations.

According to the Financial Times, BlackRock, one of the world's largest asset management companies, will collaborate with tech giant Microsoft and Abu Dhabi-backed investment firm MGX to launch a large AI fund exceeding $30 billion. The fund will primarily be used to build data centers and invest in energy infrastructure to meet the growing demand for AI computing. Additionally, chip giant NVIDIA will provide technical support for the fund to address the challenges posed by AI technology.

SparkLabs, a well-known venture capital firm, has announced the closure of its $500 million AIM AI Fund, aimed at supporting global AI startups. This fund will be used for its own AIM-X accelerator project in Saudi Arabia as well as other AI projects worldwide. This initiative reflects the significant trend in the AI sector, particularly the rise of generative AI, which has attracted numerous startups and investors. SparkLabs' accelerator program aims to drive the development of AI technology in Saudi Arabia over the next five years while also reflecting the number of global AI startups.

SparkLabs has announced the completion of a $50 million new fund, the 'AIM AI Fund', aimed at supporting global AI startups and the AIM-X accelerator project in Saudi Arabia. The fund will invest in 50 to 70 AI companies, with approximately 35% allocated to accelerator participants and 65% for Series A and B projects. This new fund reflects the investment boom in the AI sector, particularly against the backdrop of the rise of generative AI, with emerging markets like Saudi Arabia showing potential. Through this fund, SparkLabs aims to invest globally.

Anthropic has recently announced a partnership with venture capital firm Menlo Ventures to establish the Anthology Fund, a fund with a total of $100 million aimed at supporting the next generation of AI startups. According to the plan, each eligible startup can receive at least $100,000 in investment, along with additional support and resources provided by Anthropic and Menlo Ventures.In a statement, Anthropic's president, Daniela Amodei, pointed out: "Through our collaboration with Menlo Ventur

According to SEC filings, AI pioneer Andrew Ng's AI fund, an incubator supporting small teams in using artificial intelligence to solve critical issues, plans to raise over $120 million for its second fund. The documents show that the AI Venture Fund II has already raised $69.75 million from 13 partners, with about $50 million still to be invested.

Canadian company Secoda successfully raised 14 million USD, planning to apply AI technology to enterprise data search and management, allowing users to easily search, understand, and utilize company data as if using Google. This round of funding was led by Craft Ventures, with participation from investors such as Abstract Ventures, YCombinator, and Garage Capital, aiming to address the challenges of data fragmentation and management in enterprises. Secoda has already achieved...

Israeli startup AI21 Labs announced the completion of $155 million in funding, with Google and Nvidia also participating. AI21 Labs focuses on customized generative AI models, boasting its own large model, Jurassic-2, competing with OpenAI to provide more accurate and reliable text generation services.

OpenAI is funding an AI-driven parenting personal assistant app called Milo, which is currently in testing. Built on GPT-4, Milo allows parents to convey tasks through voice memos, screenshots, and more, with the AI converting this information into schedule reminders. OpenAI aims to provide assistance to families, but concerns about data privacy remain.