Google's Gemini Model Launch, xAI's Supercomputer Expansion, and Palantir's Military AI - Daily AI Brief #126

March 08, 2025 - Daily AI Brief

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Welcome to today's AI Brief.

Google has launched the Gemini Embedding Model, enhancing its AI capabilities. Anysphere is seeking a $10 billion valuation in a new funding round. xAI has purchased property in Memphis for supercomputer expansion. Microsoft is developing AI models to rival OpenAI, while Meta expands its Agentic AI for businesses.

In other news, Palantir has delivered AI-enabled TITAN Systems to the U.S. Army. RedHat and Axiom Space are collaborating on an ISS data center. Ireland has appointed eight bodies for EU AI Act enforcement, and Saudi Arabia has unveiled a $1 billion tech integration plan.

Top stories

xAI Buys Memphis Property for Supercomputer Expansion
xAI, led by Elon Musk, has acquired a 1-million-square-foot property in Memphis to expand its AI infrastructure, focusing on the Colossus supercomputer project. Read more
Microsoft Developing AI Models to Compete with OpenAI
Microsoft is reportedly developing its own AI reasoning models to compete with OpenAI. The company is testing models from xAI, Meta, and DeepSeek as potential replacements for OpenAI's technology in its Microsoft 365 Copilot product. Read more
Meta Expands Agentic AI for Businesses
Meta plans to expand its AI offerings to provide agentic AI solutions to businesses, including small enterprises. These AI agents aim to automate tasks and represent businesses in customer interactions. Read more
Google Launches Gemini Embedding Model
On March 7, 2025, Google announced the launch of Gemini Embedding, a new text embedding model for its developer API, aimed at improving applications like document retrieval and classification. Read more
Anysphere Seeks $10 Billion Valuation in New Funding Round
Anysphere, known for its AI coding assistant Cursor, is in discussions with venture capitalists to secure funding at a valuation nearing $10 billion. This comes after a previous $100 million fundraising round at a $2.5 billion valuation, with Thrive Capital expected to lead the new investment. Read more
Mistral Launches OCR API for PDF to Markdown Conversion
French AI company Mistral has launched Mistral OCR, an API that converts PDF documents into AI-ready Markdown files, recognizing text, images, and tables. Read more

Other news

Palantir Technologies has delivered AI-enabled TITAN systems to the U.S. Army under a $178 million contract. RedHat and Axiom Space are collaborating on an ISS data center, while Ireland appoints bodies for EU AI Act enforcement. Saudi Arabia unveils a $1 billion tech integration plan, and Romania invests $195 million in nuclear and AI research. US lawmakers introduce 781 AI bills, and France proposes an AI image labeling bill. Microsoft partners with Latvia and Kuwait on AI initiatives, and Alibaba launches the Babel multilingual model.

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