ByteDance will spend $12B on AI Chips, Meta invested in Databricks & Musk vs Altman on Stargate

January 23, 2025 - Daily AI Brief

Hi there,

In today's news, ByteDance is set to invest $12 billion in AI chips by 2025, Meta Platforms is making moves by investing in Databricks, and DigitalOcean has unveiled a new GenAI platform for developers. And as you might have expected, Musk and Altman are fighting again over the Stargate Project.

Top stories

Musk and Altman Dispute Over Stargate Project
Elon Musk and Sam Altman publicly disagreed on X about the $500 billion Stargate infrastructure project for building data centers for OpenAI in the U.S. Musk raised concerns about funding, while Altman highlighted its national benefits. Read more
ByteDance to Invest $12 Billion in AI Chips by 2025
ByteDance, the parent company of TikTok, plans to invest over $12 billion in AI infrastructure by 2025, focusing on AI chips in China and overseas investments to boost model training capabilities. Read more
Meta Platforms Invests in Databricks
Meta Platforms has participated in a $10 billion funding round for AI startup Databricks, valuing the company at $62 billion. The investment will support AI technology development and international expansion. Read more
DigitalOcean Unveils GenAI Platform for Developers
DigitalOcean has launched its new GenAI Platform at the Deploy 25 conference in Austin, Texas, aimed at helping developers integrate AI into applications using third-party models. Read more
Pat Gelsinger Invests in AI Startup Fractile
Pat Gelsinger, former CEO of Intel, has invested in the British AI hardware startup Fractile, founded by Walter Goodwin. The company focuses on integrating compute and memory into a single component to tackle AI model inference challenges. Read more
Retro Biosciences Seeks $1 Billion for Lifespan Extension
San Francisco-based Retro Biosciences, supported by Sam Altman, plans to raise $1 billion to fund its AI-driven project aimed at extending human lifespan by a decade. The company intends to start clinical trials for its first drug this year. Read more
LinkedIn Appoints Deepak Agarwal as Chief AI Officer
LinkedIn has appointed Deepak Agarwal as its Chief AI Officer, highlighting its focus on advancing AI-driven innovation. Agarwal returns to the role with a commitment to developing ethical and inclusive AI solutions. Read more
AI Apps Generate $1 Billion in 2024
Consumer spending on AI apps reached $1.1 billion in 2024, driven by the demand for generative AI applications like ChatGPT and Gemini, according to a report from Sensor Tower. Read more
Samsung Unveils Galaxy S25 Series with Google Gemini Enhancements
At the Samsung Unpacked event, Samsung launched the Galaxy S25 series, featuring enhanced integration with Google's AI assistant, Gemini. Preorders begin January 22, with shipping on February 7. Read more
Postman Introduces AI Agent Builder
Postman, an India-based API platform, has launched an AI agent builder that integrates large language models with its API services, aiming to assist users in creating and testing AI agents. Read more
Samsung Unveils AI Features for SmartThings
Samsung announced new AI features for its SmartThings platform at the Unpacked 2025 event, aiming to enhance daily routines through ambient sensing and generative AI. The rollout will occur in 2025 and 2026. Read more
ByteDance Introduces AI Code Editor 'Trae'
ByteDance has launched 'Trae', an AI-powered code editor based on Microsoft's Visual Studio Code, targeting overseas markets. The tool supports English and Chinese and is currently available for free. Read more

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