Kakao Teams Up with OpenAI, Mistral's $1B Funding Quest, and IBM's Power11 Chips Unveiled - Daily AI Brief #227

July 09, 2025 - Daily AI Brief
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Welcome to today's AI Brief.

In today's edition, Kakao has partnered with OpenAI to enhance its growth strategy. Dust has achieved a $6 million annual recurring revenue with its AI agents. Meanwhile, Mistral is seeking $1 billion in funding with MGX.

Additionally, SambaNova has introduced SambaManaged for AI inference, and Cerebras Systems has partnered with Hugging Face, DataRobot, and Docker to expand its AI capabilities.
Kakao Partners with OpenAI for Growth Strategy
South Korean internet company Kakao has partnered with OpenAI to enhance its growth strategy amidst industry challenges and regulatory concerns. Read more
Dust Achieves $6 Million ARR with AI Agents
Dust, a San Francisco-based AI platform, has reached $6 million in annual revenue, focusing on AI agents that automate business workflows. The company is part of Anthropic's 'Powered by Claude' ecosystem, enhancing enterprise operations with advanced AI models. Read more
Mistral Seeks $1 Billion Funding from MGX and Others
French AI startup Mistral is in discussions to raise up to $1 billion in equity funding from investors, including MGX, and is also pursuing debt financing from French lenders. Read more
SambaNova Introduces SambaManaged for AI Inference
SambaNova has launched SambaManaged, a new AI inference solution for data centers that can be deployed in 90 days. This product allows data centers to implement AI services quickly without significant infrastructure changes. Read more
Cerebras Systems Partners with Hugging Face, DataRobot, and Docker
At the RAISE Summit in Paris, Cerebras Systems announced partnerships with Hugging Face, DataRobot, and Docker to enhance AI inference capabilities for developers. Read more
SiPearl Secures €130M for AI Chips in EU Supercomputer
French startup SiPearl has raised €130 million to develop its Rhea1 AI chip, intended for the EU's Jupiter supercomputer in Germany. This funding will boost production capabilities and support Europe's technological independence. Read more

Other news

ALTEN and Mistral AI have partnered to deliver customizable AI solutions, while Impulse AI has released a whitepaper on a new AI training protocol. Pimloc raised €4.2 million to expand its video privacy solutions, and Syntys is supporting Ooredoo's AI cloud services in Qatar. Gradient Labs secured $13 million to enhance AI customer support, and Cekura raised $2.4 million for its AI testing platform. Galbot partnered with Bosch after securing $151 million, and Biorce raised €5 million for its AI clinical trial platform. Cerebras Systems unveiled the Qwen3-235B AI model, and Eudia acquired Johnson Hana for AI workforce integration. Arago secured €22.1 million for energy-efficient AI chips, and Liner claims its LLM outperforms OpenAI's GPT-4.1. Helsing is opening the UK's first AI submarine factory, and Parspec raised $20 million to enhance the construction supply chain with AI. IBM launched Power11 chips and servers, Nymbus partnered with Bud Financial for AI financial tools, a National AI Academy for Educators was launched, and John Snow Labs introduced Martlet.ai for HCC coding.

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