SpaceX's $2B Bet on xAI, Robinhood's $900M AI Expert, & Groq's Saudi Funding - Daily AI Brief #229
July 14, 2025 -
Daily AI Brief
Hi there,
Welcome to today's AI Brief. Groq is seeking major funding following a deal with Saudi investors. Windsurf executives have joined Google DeepMind after a failed deal with OpenAI. SpaceX has invested $2 billion in xAI, valuing the startup at $113 billion.
In other news, Robinhood's AI expert is valued at $900 million, and Hyperscale Data has reduced its debt by $20 million. Opper AI has secured €2.5 million for AI infrastructure, and J.P. Morgan has released a report on AI and IT workloads. Blue NAP Americas and Radian Arc have launched an AI IaaS platform.
Welcome to today's AI Brief. Groq is seeking major funding following a deal with Saudi investors. Windsurf executives have joined Google DeepMind after a failed deal with OpenAI. SpaceX has invested $2 billion in xAI, valuing the startup at $113 billion.
In other news, Robinhood's AI expert is valued at $900 million, and Hyperscale Data has reduced its debt by $20 million. Opper AI has secured €2.5 million for AI infrastructure, and J.P. Morgan has released a report on AI and IT workloads. Blue NAP Americas and Radian Arc have launched an AI IaaS platform.
Groq Seeks Major Funding After Saudi Deal
U.S. semiconductor startup Groq is in talks to raise significant funding following a $1.5 billion agreement with Saudi Arabia for AI chips. Read more
Windsurf Executives Join Google DeepMind After OpenAI Deal Fails
The planned $3 billion acquisition of Windsurf by OpenAI has fallen through. In response, Google DeepMind has hired Windsurf's CEO Varun Mohan and co-founder Douglas Chen, along with key researchers, while securing a non-exclusive license to Windsurf's technology for $2.4 billion. Read more
SpaceX Invests $2 Billion in xAI, Valuing Startup at $113 Billion
SpaceX has invested $2 billion in xAI, marking its first public stake in the AI sector. This investment is part of a $5 billion equity round, raising xAI's valuation to $113 billion. Read more
Other news
Robinhood's AI math expert has been valued at $900 million, highlighting AI's growing influence in financial services. Hyperscale Data has cut its debt by $20 million, while Opper AI raised €2.5 million to enhance AI infrastructure. A J.P. Morgan report indicates a 55% increase in IT workloads is needed for generative AI to address cost deflation. Blue NAP Americas and Radian Arc launched an AI IaaS platform for the Caribbean and Central America, and xAI introduced the Grok 4 model with a $300 subscription plan.
- Robinhood's AI Math Expert Valued at $900 Million
- J.P. Morgan Report on AI and IT Workloads
- Blue NAP Americas and Radian Arc Launch AI IaaS Platform
- NVIDIA Warns of GPUHammer Attack on AI Models
- Opper AI Secures €2.5 Million for AI Infrastructure
- Hyperscale Data Reduces Debt by $20 Million
- xAI Introduces Grok 4 AI Model and $300 Subscription Plan
- Apple CEO Tim Cook's Tenure and Management Changes
- Apple Considering Acquisition of Mistral AI
- Murphy Raises $15 Million for AI Debt Collection
- Yabx Launches AI Voice Engine for Financial Literacy
- Mortar AI Appoints New Group CEO for Global Expansion
- Samsung Electronics Expands with Strategic Acquisitions
- Mistral AI Releases New Devstral Models for Coding
- Liquid AI Launches LFM2: Fastest On-Device Models
- Meta Acquires Voice AI Startup PlayAI
- EdgeRunner AI Partners with U.S. Air Force for Military Chatbot
- ICEYE Introduces Flood Rapid Impact Product
- Oracle Partners with DayOne for Indonesian Cloud Centre
- Mozambique Plans AI and Tax Reforms for Revenue Boost
- AMD Launches Rack-Scale AI Infrastructure and Helios Platform
- Virginia Initiates AI Regulatory Review
- OpenAI's Vision for AI in Europe
- Blok Raises $7.5 Million for AI App Testing Platform
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