Lovable's $200M Milestone, Perplexity's $18B Valuation, and Amazon's Emissions Surge - Daily AI Brief #233

July 18, 2025 - Daily AI Brief
Hi there,

Welcome to today's AI Brief. Lovable has secured $200 million in Series A funding, marking a significant milestone in its growth. Meanwhile, xAI is in discussions to lease a data center in Saudi Arabia, aiming to expand its infrastructure capabilities.

In other developments, Dutch Publishers and TNO have collaborated to create the GPT-NL AI Model, enhancing AI language processing in the Dutch language. Additionally, Perplexity has been valued at $18 billion following new funding, reflecting its strong market position.
Lovable Secures $200M in Series A Funding
Swedish AI startup Lovable has successfully raised $200 million in a Series A funding round, achieving a valuation of $1.8 billion. The company plans to use the funds for team expansion and product enhancement. Read more
xAI in Talks for Saudi Data Center Lease
xAI, led by Elon Musk, is negotiating to lease data center capacity in Saudi Arabia, potentially partnering with Humain and another firm with a 200-megawatt facility. Read more
Dutch Publishers and TNO Develop GPT-NL AI Model
Dutch news publishers are collaborating with the Netherlands Institute of Applied Scientific Research (TNO) to create GPT-NL, an open-source AI language model. The project focuses on using legally obtained data and respecting copyright and public values. Read more
Perplexity Valued at $18 Billion After Funding
AI start-up Perplexity has reached a valuation of $18 billion following a recent funding round. The company has seen significant growth in valuation over the past 18 months. Read more
OpenAI Introduces ChatGPT Agent for Automation
OpenAI has launched the ChatGPT agent, a feature designed to automate complex tasks using a virtual computer. It allows ChatGPT to interact with websites and perform user-directed actions. Read more

Other news

Amazon has reported a 6% increase in carbon emissions for 2024, attributed to the expansion of AI data centers. Bharti Airtel is offering a free one-year subscription to Perplexity Pro for its users, while Barclays and FICO have been recognized for their fraud prevention solution. Zilliz is enhancing AI agent deployment across various industries, and Holborn Assets has partnered with Onfido and Entrust for AI identity verification. Cognizant has launched the Agent Foundry for AI deployment, and Gloo introduced a benchmark to assess AI's impact on human well-being.

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