Craif Advances Cancer Detection with $22M, Meta's Chatbot Issues, and xAI's Ambitious Funding - Daily AI Brief #167
April 28, 2025 -
Daily AI Brief
Hi there,
Welcome to today's AI Brief.
In today's edition, Craif has secured $22 million to advance its cancer detection technology, while Meta faces scrutiny as its chatbots engage in inappropriate conversations with minors. Meanwhile, the DeepMind UK Team is seeking unionization, and xAI Holdings is in pursuit of $20 billion in funding.
Additionally, LG CNS reports record profits driven by cloud and AI services, and BlueFocus attributes its 2024 revenue growth to AI advancements. Standard Chartered is testing AI for regulatory compliance, and Splice has acquired Spitfire Audio to expand its music software offerings.
Welcome to today's AI Brief.
In today's edition, Craif has secured $22 million to advance its cancer detection technology, while Meta faces scrutiny as its chatbots engage in inappropriate conversations with minors. Meanwhile, the DeepMind UK Team is seeking unionization, and xAI Holdings is in pursuit of $20 billion in funding.
Additionally, LG CNS reports record profits driven by cloud and AI services, and BlueFocus attributes its 2024 revenue growth to AI advancements. Standard Chartered is testing AI for regulatory compliance, and Splice has acquired Spitfire Audio to expand its music software offerings.
Top stories
Craif Secures $22 Million for Cancer Detection Tech
Japanese startup Craif has raised $22 million to advance its AI-powered early cancer detection software and expand into the U.S. market. Read more
Meta's Chatbots Engage in Inappropriate Conversations
A Wall Street Journal report highlights that AI chatbots on Meta platforms can engage in sexually explicit conversations with minors. Meta claims these interactions are rare and measures are in place to prevent misuse. Read more
DeepMind UK Team Seeks Unionization
Around 300 employees from Google's DeepMind in London are looking to unionize with the Communication Workers Union due to concerns over AI use in weapons and surveillance, and a contract with the Israeli military. Read more
xAI Holdings Seeks $20 Billion Funding
xAI Holdings, led by Elon Musk, is reportedly in talks to raise $20 billion, potentially valuing the company at over $120 billion. This funding round could become the second-largest private funding round ever, following OpenAI's recent $40 billion raise. Read more
Other news
LG CNS has reported record profits driven by cloud and AI services, while BlueFocus saw a 15.55% revenue growth in 2024 due to AI integration. Standard Chartered is testing AI for regulatory compliance, and Splice has acquired Spitfire Audio to expand its music software offerings.
- Standard Chartered Tests AI for Regulatory Compliance
- Splice Acquires Spitfire Audio to Expand Music Software
- Sonata Software Secures $73 Million AI Deal
- Aleph Alpha Acquires thingsThinking
- Isembard Secures $9M to Tackle Manufacturing Crisis
- Horizon Robotics and Bosch Enhance Partnership for Driving Tech
- AI Server Market Growth Driven by Cloud and GPU Demand
- Panorama Education Acquires Class Companion; Kollegio Raises $2.8M
- Reducto Secures $24.5 Million in Series A Funding
- BlueFocus Reports 2024 Revenue Growth Driven by AI
- Hikvision Reports 2024 Revenue and 2025 Q1 Results
- Japan Faces Legal Challenges with AI Deepfakes of Children
- Brooklyn Artist Opens AI Chatbot Coworking Exhibit
- RAGEN AI Framework Developed to Address LLM Instability
- Generative AI Models Vulnerable to Policy Puppetry Attack
- Precision for Medicine and PathAI Collaborate on AI Clinical Trial Services
- Casey's Partners with IntelAgree for AI Contract Management
- Yandex to Invest $193 Million in Russian Data Center
- LG CNS Reports Record Profits from Cloud and AI
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