ElevenLabs Raises $250M, Meta's Million GPI's, and EU AI Act Kicks Off
January 26, 2025 -
Daily AI Brief
Hi there,
In today's news, Meta plans to deploy 1.3 million GPUs for AI by 2025, ElevenLabs has secured $250M in Series C funding, and DeepSeek launches its R1 model amid US sanctions. And as you might have expected, Character AI and legal challenges are clashing again.
Top stories
Meta Plans 1.3 Million GPUs for AI by 2025
Meta CEO Mark Zuckerberg announced the company's goal to acquire 1.3 million GPUs for AI by the end of 2025, with planned capital expenditures between $60 billion and $80 billion focused on data centers and AI development. Read more
EU Council Revises AI and Copyright Policy Summary
The Council of the European Union has published a revised summary of Member States' contributions on the intersection of generative AI and copyright, highlighting the need for legal clarity and international dialogue. Read more
Character AI Seeks Dismissal of Lawsuit in Teen Suicide Case
Character AI has filed a motion to dismiss a lawsuit related to a teen's suicide, citing First Amendment protection. The case highlights concerns about AI's impact on minors and tech companies' responsibilities. Read more
ElevenLabs Secures $250M in Series C Funding
ElevenLabs, a startup focused on AI voice technology, has raised $250 million in Series C funding, reaching a valuation of up to $3.3 billion. The funding round was led by ICONIQ Growth and follows a period of significant revenue growth for the company. Read more
DeepSeek Launches R1 Model Amid US Sanctions
Chinese AI startup DeepSeek has released the R1 reasoning model, which reportedly rivals OpenAI's ChatGPT o1, despite facing US sanctions on advanced chips. Read more
Other Stories
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- Tevogen Bio and Microsoft Discuss AI in Drug Development
- EU AI Act Enforcement Begins February 2025
- Median Technologies Secures Funding for AI Lung Cancer Diagnostic
- Longsys Unveils Compact eMMC for AI Wearables
- RTS Secures $40M for AI Waste Management
- Springbok Analytics Raises $5M for Muscle Health Tech
- Indigo Secures $8 Million for AI Real Estate Negotiation
- USDA Funds AI Salmonella Detection Research
- Qdrant Launches GPU-Accelerated Vector Indexing
- Stargate AI Project to Use Solar and Battery Power
- NVIDIA Integrates AI with Quantum Computing
- Cedars-Sinai and UPenn Develop AI Tool MISO
- Twilio Stock Surges on Positive Outlook
- Origami Agents Raises $2M for AI Sales Support
- Legend Capital Invests in Deepwise
- Goldman Sachs Launches AI Assistant for Employees
- xAI Secures Tax Break for Atlanta Data Center
- STELLA AI Joins GM's Retail Program
- Raintree Systems Acquires Yoomi Health
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