
Microsoft Hosts Elon Musk's Grok AI on Azure, Thomson Reuters Bags $8B for AI - Daily AI Brief #171
May 02, 2025 -
Daily AI Brief
Hi there,
Welcome to today's AI Brief.
Microsoft is set to host Elon Musk's Grok AI on its Azure platform, marking a significant collaboration in the AI sector. Meanwhile, Solda.AI has secured €3.5 million in seed funding, aiming to enhance its AI capabilities. Thomson Reuters has also made headlines by securing $8 billion for AI development.
In other news, CoreWeave stock has risen following positive earnings reports from Microsoft and Meta. IBM and EY have launched AI-powered tax solutions, and Reddit has introduced an AI chatbot named 'Reddit Answers'. Additionally, Anthropic has rolled out new features for its Claude AI chatbot, and Amazon's Alexa+ has reached 100,000 users.
Welcome to today's AI Brief.
Microsoft is set to host Elon Musk's Grok AI on its Azure platform, marking a significant collaboration in the AI sector. Meanwhile, Solda.AI has secured €3.5 million in seed funding, aiming to enhance its AI capabilities. Thomson Reuters has also made headlines by securing $8 billion for AI development.
In other news, CoreWeave stock has risen following positive earnings reports from Microsoft and Meta. IBM and EY have launched AI-powered tax solutions, and Reddit has introduced an AI chatbot named 'Reddit Answers'. Additionally, Anthropic has rolled out new features for its Claude AI chatbot, and Amazon's Alexa+ has reached 100,000 users.
Top stories
Microsoft to Host Elon Musk's Grok AI on Azure
Microsoft is set to host Elon Musk's Grok AI model on its Azure cloud platform, highlighting a partnership with Musk's xAI. Details on exclusivity and training support remain unspecified. Read more
Solda.AI Secures €3.5 Million in Seed Funding
Solda.AI, an AI sales automation platform, has raised €3.5 million in seed funding led by Accel, with participation from AltaIR Capital. Read more
Thomson Reuters Secures $8 Billion for AI
Thomson Reuters has secured $8 billion for AI investments, with plans to enhance AI-driven professional services in legal and accounting sectors. This follows the sale of its stake in the London Stock Exchange Group. Read more
Edgerunner AI Secures $12M for Military AI Solutions
Seattle-based startup Edgerunner AI has raised $12 million to create AI solutions for military use that function without internet access. Read more
CoreWeave Stock Rises After Microsoft and Meta Earnings
Shares of CoreWeave increased by over 15% following positive earnings reports from Microsoft and Meta Platforms. The company, which focuses on AI workloads, is preparing to release its own earnings soon. Read more
IBM and EY Launch AI Tax Compliance Solutions
On May 1, 2025, IBM and the EY organization announced the launch of EY.ai for tax, leveraging IBM's watsonx technology to automate tax compliance and improve global data management. Read more
Reddit Introduces AI Chatbot 'Reddit Answers'
Reddit has launched 'Reddit Answers', an AI-powered chatbot aimed at providing direct answers from existing posts, targeting users who prefer information over community interaction. The feature has already attracted 1 million weekly active users since its beta phase. Read more
Anthropic Adds New Features to Claude AI Chatbot
Anthropic has introduced app integrations and an advanced research tool for its Claude AI chatbot, enhancing its capabilities for users on specific plans. Read more
Amazon's Alexa+ Reaches 100,000 Users
During an earnings call, Amazon CEO Andy Jassy announced that over 100,000 users are now using Alexa+, the upgraded digital assistant powered by generative AI. Read more
Other news
Heidrick & Struggles has launched a government and defense tech practice, while DDN and Nebius have partnered to enhance AI infrastructure. Canopy secured $70 million in Series C funding, and Gcore teamed up with AzInTelecom LLC for cloud services in Azerbaijan.
- Heidrick & Struggles Launches Government & Defense Tech Practice
- DDN and Nebius Partner for Enterprise AI Infrastructure
- Gcore and AzInTelecom LLC Partner for Cloud Services in Azerbaijan
- Canopy Secures $70 Million in Series C Funding
- U.S. Bank Streamlines Global Payments
- Nvidia Criticizes Anthropic's Claims on Chip Export Restrictions
- Google Expands AI Mode in Search
- Cavallo Enhances Profit Max Platform with AI Features
- Supreme Group Appoints Dr. Ramon Felciano to Board
- Google Supports Electrician Training for AI Energy Needs
- Clearview AI Settles Biometric Privacy Case for $51.75M
- Stately Bio Secures $12M for AI Live-Cell Imaging
- NetFoundry Secures $12M Investment for Networking Innovation
- Paramark Secures $6 Million Seed Funding Led by Greylock
- UiPath Unveils Enterprise-Grade Agentic Automation Platform
- Healthee and CompareMedsRx Partner for Prescription Cost Transparency
- CleanArc Data Centers Receives Investment from Nuveen
- Brian Work Appointed President of CloneOps.ai
- Visa Plans AI-Driven Commerce and Stablecoin Integration
- Quantinuum Launches GenQAI for Quantum Search
- Adversa AI Wins Award at 2025 RSAC Conference
Subscribe to Daily AI Brief
Daily report covering major AI developments and industry news, with both top stories and complete market updates