Codeium's $2.85B Valuation, Microsoft's Muse AI, and Apple's iPhone 16e AI Features - Daily AI Brief #112

Hi there,

Welcome to today's AI Brief. Codeium is seeking funding at a valuation of $2.85 billion, while Microsoft Research has unveiled the Muse AI Model for game development. Alibaba has opened its first data center in Mexico, and Apple has introduced the iPhone 16e with new AI features.

In other news, OpenEvidence has secured $75 million from Sequoia, reaching a $1 billion valuation. Mistral's AI assistant, Le Chat, has hit 1 million downloads in France. Google has launched the 'Co-Scientist' AI for research, and Lambda has secured $480 million in Series D funding.

Top stories

Codeium Seeks Funding at $2.85 Billion Valuation

Codeium, an AI-powered coding startup, is in talks to raise a new funding round at a $2.85 billion valuation, led by Kleiner Perkins. The company aims to expand its enterprise customer base. Read more

Microsoft Research Unveils Muse AI Model for Game Development

Microsoft Research has introduced Muse, a generative AI model aimed at aiding gameplay ideation. Developed with Xbox Game Studios' Ninja Theory, it uses data from Bleeding Edge to create game visuals and actions, now available on Azure AI Foundry. Read more

Alibaba Opens First Data Centre in Mexico

Alibaba Cloud has launched its first data centre in Mexico City, marking its entry into the Latin American market. This move is part of Alibaba's strategy to expand its global cloud services. Read more

Apple Unveils iPhone 16e with AI Features

Apple has announced the iPhone 16e, priced at $599, set to ship on February 28, 2025. The model introduces AI capabilities, Face ID, and a 6.1-inch OLED display. Read more

OpenEvidence Secures $75 Million from Sequoia, Hits $1 Billion Valuation

OpenEvidence, an AI healthcare startup, has raised $75 million from Sequoia, achieving a $1 billion valuation. The company plans to expand its services and form strategic partnerships. Read more

Mistral's AI Assistant Le Chat Hits 1 Million Downloads in France

Mistral's AI assistant, Le Chat, has surpassed one million downloads in just 14 days, becoming the top free download on the iOS App Store in France. French President Emmanuel Macron has shown support for the app over competitors like ChatGPT. Read more

Google Unveils 'Co-Scientist' AI for Research

Google has launched an AI tool called 'Co-Scientist' to aid researchers in generating hypotheses and research plans. The system, available through a Trusted Tester Program, enhances research efficiency by providing testable hypotheses and relevant literature. Read more

Lambda Secures $480 Million in Series D Funding

Lambda has raised $480 million in a Series D funding round to enhance its AI cloud platform. The round was co-led by Andra Capital and SGW, with participation from Nvidia and other investors. Read more

Other Stories

• Google Introduces 'Career Dreamer' AI Tool

• Corero Network Security Partners to Enhance AI DDoS Protection

• PropHero Secures $25 Million in Series A Funding

• Baseten Raises $75 Million to Boost AI Inference

• Anthropic to Update Claude AI with New Features

• Google Removes Gemini AI from iOS Search App

• CaixaBank's €5 Billion 'Cosmos' Tech Investment Plan

• Ascendion and Axos Bank Collaborate on AI-Driven Banking

• AYRO Launches Robotics Division for AI-Driven Manufacturing

• ITG Acquires PureRed to Enhance AI Content Solutions

• Palm Ventures Launches $30 Million Fund for Startups

• AheadComputing Raises $21.5 Million for Microprocessor Development

• Palantir and SAUR Partner for AI-Driven Contract Management

• BGM Group Forms AI Strategy Committee

• Sanas Secures $65 Million for AI Accent Modification

• Alinma Bank Partners with IBM for Hybrid Cloud and AI

• FintechOS Unveils Evolv Platform for AI in Finance

• AI and 5G Boost Optical Fiber Demand in India

• Sawmills Secures $10M Funding for AI Observability Platform

• Teleperformance Partners with Sanas for AI and Customer Experience

• Brahma Acquires Metaphysic for AI Product Development

• BrightTower Advises PureRed in ITG Acquisition

• Gomboc AI Secures $13M for Cloud Security AI

• Quantum eMotion and Quantolio Sign $1 Million Licensing Deal

• NIST to Cut AI Safety and CHIPS Staff

• US AI Safety Institute Faces Major Cuts

• QuadReal and T5 Data Centers Expand Platform

• Krambu and Elkhorn Partner on AI Data Center Cooling

• Microsoft and Partners Develop Magma for Multimodal AI

• Augmetec Secures £2M for AI Corporate Investigations

• VAST Data Introduces Real-Time Streaming Feature

• OneTab AI Secures $3.3M for AI SDLC Management Tool

• Microsoft Introduces Azure AI Foundry Labs

• Aryaka Launches AI>Observe for Enhanced Network Security

• Mastercard Appoints New EVP of AI

• Securiti and Databricks Collaborate on AI Development

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