Fractal Analytics Lands $170M, OpenAI Shines at Math Olympiad, Gates & Ballmer Pledge $1B for AI - Daily AI Brief #235

July 21, 2025 - Daily AI Brief
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Welcome to today's AI Brief.

In today's edition, OpenAI's LLM has demonstrated exceptional performance at the Math Olympiad, showcasing its capabilities in complex problem-solving. Meanwhile, Perplexity AI is set to preinstall the Comet AI Browser on smartphones, aiming to enhance user experience with advanced AI features.

The Gates Foundation and Ballmer Group have pledged $1 billion to develop AI tools, while Visionary Machines has secured $3.5 million for defense technology advancements. Additionally, Reply has launched prebuilt AI applications designed for enterprise use.
OpenAI's LLM Excels at Math Olympiad
OpenAI's experimental language model achieved gold medal-level performance at the International Mathematical Olympiad, solving five out of six problems. Read more
Perplexity AI to Preinstall Comet AI Browser on Smartphones
Perplexity AI is negotiating with mobile manufacturers to preinstall its Comet AI browser on smartphones. The initiative aims to increase user engagement and compete with established browsers like Google Chrome. Read more
Gates Foundation and Ballmer Group Pledge $1 Billion for AI Tools
The Gates Foundation and Ballmer Group have announced a US$1 billion commitment over 15 years to develop AI tools for public defenders, parole officers, and social workers. Read more
Visionary Machines Secures $3.5 Million for Defence Tech
Sydney-based startup Visionary Machines has raised $3.5 million to advance its defence technology, focusing on autonomous driving and drone-detection for military vehicles. Read more
Reply Launches Prebuilt AI Apps for Enterprises
On July 17, 2025, Reply announced the launch of Prebuilt AI Apps to help enterprises adopt Generative AI. These apps aim to enhance information access, decision-making, and efficiency in sectors like insurance and HR. Read more

Other news

Fractal Analytics has secured $170 million in funding, setting the stage for a potential IPO, while Pronto has acquired SafeAI to enhance its autonomous vehicle technology. Windward and SGTraDex have partnered to improve digital trade finance solutions, and Q.ANT has raised €62 million to advance photonic computing. Meanwhile, Heartflow's AI software is influencing heart care decisions, and NeuralBase has secured a $2 million investment to develop AI applications for smart infrastructure.

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