Regie.ai and Nomagic raise funds, ElevenLabs' Audiobook Tool and Google's Code Assist - Daily AI Brief #117
February 26, 2025 -
Daily AI Brief
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Nomagic has secured $44 million to expand its AI robotic arms, while OpenAI has delayed the release of its new model due to concerns over its persuasive capabilities. Alibaba is set to open-source its AI model Wan 2.1, and Regie.ai has raised $30 million for its AI sales platform.
ElevenLabs has launched a new AI audiobook creation tool for authors, and Legend Innovation has partnered with Accelero for drug discovery. Google introduces a free AI coding tool called Gemini Code Assist, and Framework unveils a gaming and AI desktop PC featuring AMD Ryzen. Creandum leads a funding round in AI startup Lovable, and Alibaba unveils the QwQ-Max-Preview AI model. Quora's Poe launches Poe Apps for custom AI applications.
Top stories
Nomagic Secures $44 Million for AI Robotic Arms Expansion
Polish startup Nomagic has raised $44 million to advance its AI-powered robotic arms for logistics, with plans to expand into North America. Read more
OpenAI Delays Model Release Over Persuasion Concerns
OpenAI has postponed the release of its deep research model to its developer API, citing the need to better understand the risks of AI's persuasive capabilities. The company is focusing on evaluating real-world persuasion risks, particularly in relation to misinformation. Read more
Alibaba to Open-Source AI Model Wan 2.1
Alibaba Group is set to release an open-source version of its AI model, Wan 2.1, for generating videos and images, amid growing competition in China's AI sector. Read more
Amazon Launches Alexa+ with Generative AI
Amazon has introduced Alexa+, an enhanced version of its voice assistant, featuring generative AI capabilities for personalized interactions and productivity enhancements. Read more
Inception Unveils Diffusion-Based Language Model
Inception, founded by Stanford professor Stefano Ermon, has launched a diffusion-based large language model. The model promises enhanced performance and cost efficiency over traditional models, with Inception already attracting several Fortune 100 clients. Read more
ElevenLabs Introduces Scribe Speech-to-Text Model
ElevenLabs has unveiled Scribe, a new speech-to-text model supporting 99 languages. The model is noted for its high accuracy and competitive pricing, with additional features like speaker diarization. Read more
Regie.ai Raises $30 Million for AI Sales Platform
Regie.ai, based in San Francisco, has secured $30 million in Series B funding to expand its AI-driven sales enablement software. The company aims to improve sales processes by integrating AI with human outreach, reporting a significant revenue increase last year. Read more
ElevenLabs Launches AI Audiobook Feature
ElevenLabs has introduced a new feature allowing authors to create and publish AI-generated audiobooks on its Reader app. This follows a partnership with Spotify for AI-narrated audiobooks, aiming to provide affordable production tools and competitive royalties. Read more
Legend Innovation Partners with Accelero for Drug Discovery
Legend Innovation Life Science Fund has partnered with Accelero Biostructures to enhance drug discovery for its portfolio companies using Accelero's AI and structural biology platforms. Read more
Google Launches Free AI Coding Assistant Gemini Code Assist
On February 25, 2025, Google introduced Gemini Code Assist, a free AI coding assistant offering 180,000 code completions per month. It integrates with popular coding environments and includes a version for GitHub that scans for bugs, aiming to compete in the developer tools market. Read more
Open Meta City Secures $20 Million from GEM Digital
Open Meta City, a virtual real estate platform, has received a $20 million investment from GEM Digital to boost its AI capabilities and digital transformation efforts in real estate. Read more
Framework Unveils Gaming and AI Desktop PC with AMD Ryzen
Framework has launched its first desktop PC, optimized for gaming and local AI inference, featuring AMD's Strix Halo architecture. The compact and customizable computer is available in two configurations, with prices ranging from $1,099 to $1,999. Read more
Creandum Leads Funding Round in AI Startup Lovable
Swedish AI startup Lovable has received an undisclosed investment led by European VC firm Creandum. The startup specializes in AI agents for creating websites and apps without coding. Read more
Quora's Poe Launches Poe Apps for Custom AI Applications
Quora's Poe platform has introduced Poe Apps, a feature that allows users to create and share custom AI-powered applications. The tool translates user descriptions into code, facilitating the development of visual interfaces. Read more
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