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  • UK's AI Institute Rebrands, Musk's OpenAI Bid Continues, and Microsoft's Saudi Expansion - Daily AI Brief #107

UK's AI Institute Rebrands, Musk's OpenAI Bid Continues, and Microsoft's Saudi Expansion - Daily AI Brief #107

Hi there,

Welcome to today's AI Brief. The UK Government has renamed its AI institute and announced a partnership with Anthropic. Elon Musk's offer to acquire OpenAI has been revealed, while Microsoft has opened a new Datacenter Academy in Saudi Arabia. CM.com has raised €20 million to support its transition to AI.

In other news, Nvidia has reduced its stake in Arm Holdings and invested in WeRide. Additionally, Arm plans to launch a new chip with Meta as a customer in 2025.

Top stories

UK Government Renames AI Institute and Partners with Anthropic

The UK government has renamed its AI Safety Institute to the AI Security Institute, emphasizing national security and crime prevention. It has also partnered with Anthropic to explore using its AI assistant Claude in public services. Read more

Elon Musk's Offer to Acquire OpenAI Revealed

Elon Musk's consortium, x.AI, has made a $97.4 billion offer to acquire OpenAI, which has been rejected by OpenAI CEO Sam Altman. The offer includes a cash payment and a deadline for acceptance, with legal implications if OpenAI remains a non-profit. Read more

Microsoft Opens Datacenter Academy in Saudi Arabia

Microsoft Arabia and the National IT Academy have launched the first Microsoft Datacenter Academy in the Middle East, located in Saudi Arabia. This initiative aims to provide students with skills in IT support, cloud technologies, and datacenter operations. Read more

CM.com Raises €20 Million for AI Transition

CM.com has secured €20 million through a share issue to aid its shift to an AI-only company by 2025, alongside reporting record financial results for 2024 and launching its Agentic AI platform, HALO. Read more

Nvidia Reduces Stake in Arm Holdings and Invests in WeRide

Nvidia has decreased its investment in Arm Holdings by 44% and divested from Serve Robotics and SoundHound AI. The company has also acquired shares in WeRide, a Chinese self-driving startup. Read more

Arm to Launch Chip with Meta as Customer in 2025

Arm, owned by SoftBank, plans to release its own customizable chip for data center servers in 2025, with Meta as a customer. Read more

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