OpenAI's $11.9B Deal, D-ID Layoffs Post-Microsoft, and Nubank's AI Partnership - Daily AI Brief #128
March 11, 2025 -
Daily AI Brief
Hi there,
Welcome to today's AI Brief. D-ID has announced the layoff of 22 employees following its partnership with Microsoft. Meanwhile, the founder of DeepSeek has declined venture capital funding, and the CEO of Poolside advises against building foundation AI models.
In other news, OpenAI has secured an $11.9 billion deal with CoreWeave, and Digits has unveiled an AI-driven autonomous general ledger. Additionally, Gmail has introduced an 'Add to Calendar' button powered by Gemini AI.
Top stories
D-ID Lays Off 22 Employees After Microsoft Partnership
D-ID, an Israeli AI startup, is laying off 22 employees, a quarter of its workforce, following a partnership with Microsoft to improve AI in business applications. Read more
DeepSeek Founder Declines VC Funding
DeepSeek, a Chinese AI startup, is not pursuing venture capital funding. Founder Liang Wenfeng cites control, self-funding capabilities, and privacy concerns as reasons for this decision. Read more
Poolside CEO Advises Against Building Foundation AI Models
At the HumanX AI conference, Poolside CEO Jason Warner advised companies to focus on application development rather than creating foundation AI models, highlighting the importance of integrating these models into products. Read more
OpenAI and CoreWeave Sign $11.9 Billion AI Infrastructure Deal
OpenAI has signed a five-year agreement with CoreWeave valued at $11.9 billion for AI infrastructure services. The deal includes OpenAI receiving $350 million in CoreWeave equity, coinciding with CoreWeave's IPO plans. Read more
Digits Unveils AI-Driven Autonomous General Ledger
Digits, a San Francisco-based AI startup, has launched the world's first Autonomous General Ledger, aiming to rival QuickBooks. The launch was announced at the HumanX Conference, with Craig Walker, co-founder of Xero, joining the team. Read more
Gmail Adds 'Add to Calendar' Button with Gemini AI
Google has introduced a new 'Add to calendar' button in Gmail for Google Workspace users, powered by its Gemini AI. This feature helps users add events directly from emails by detecting calendar-related content, currently available in English and on the web. Read more
Other news
Locus Robotics has introduced LocusINTELLIGENCE to enhance warehouse operations, while Schneider Electric has opened an Energy Innovation Center in Houston. Nirvana raised $80 million for AI trucking insurance, and Microsoft is hiring for 3D gaming on its Copilot platform. Hong Kong received HK$200 million for AI development, and Nubank partnered with OpenAI to improve customer service.
- Locus Robotics Unveils AI Software for Warehouses
- Schneider Electric Opens Energy Innovation Center in Houston
- Microsoft Hiring for 3D Gaming on Copilot in Beijing
- Hong Kong Receives HK$200 Million for AI Development
- Nubank Partners with OpenAI to Enhance Customer Experience
- CaPow Secures $15 Million for Wireless Charging Tech
- Partners Group Acquires GreenSquareDC for AU$1.2 Billion
- Qualcomm Acquires Edge Impulse for IoT Expansion
- Fujitsu and NVIDIA Enhance AI in RAN for Video Analytics
- Polybot Secures Funding for AI Harvesting Robotics
- Gleamer Expands into MRI Market
- Research Solutions Launches AI Rights Clearinghouse
- Reka Introduces Nexus AI Platform
- HomeVision Partners with Restb.ai to Enhance Underwriting
- Ultra Intelligence Launches AI-Enabled ADSI® Platform
- Coupa's AI Platform Growth Amid Trade Complexities
- Aura Appoints Thomas Clayton as COO and President
- Consumer Reports Finds Security Gaps in Voice Cloning Tools
- AvatarOS Secures $7 Million Seed Funding
- Harel Insurance Partners with Multyx for AI Enhancement
- iMerit Introduces Ango Hub for AI Development
- moveUP Acquires Deep Structure.ai
- Uthana Secures $4.3 Million for AI Animation
- Alloy Introduces AI Fraud Detection Tool
- Nuclearn Launches AI Solution and Marketplace for Nuclear Industry
- Nirvana Secures $80 Million for AI Trucking Insurance
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