Data Center Boom: $583B by 2029, China Boosts AI, and xAI's Legal Battle - Daily AI Brief #266
August 26, 2025 -
Daily AI Brief
Hi there,
Welcome to today's AI Brief.
In today's edition, we cover the latest developments in the AI and tech industry. Data Center Semiconductor Market is projected to reach $583 billion by 2029, highlighting significant growth in the sector. Meanwhile, China has launched its National AI Computing Network Initiative, aiming to enhance its AI capabilities. Bank of America forecasts growth in digital infrastructure securitizations, indicating a shift in financial strategies.
Additionally, Perplexity AI plans to share revenue with publishers, and Miko is set to raise $155 million in Series D funding. In legal news, xAI has filed a lawsuit against Apple and OpenAI for anticompetitive practices. Stay tuned for more updates and insights into these stories.
Welcome to today's AI Brief.
In today's edition, we cover the latest developments in the AI and tech industry. Data Center Semiconductor Market is projected to reach $583 billion by 2029, highlighting significant growth in the sector. Meanwhile, China has launched its National AI Computing Network Initiative, aiming to enhance its AI capabilities. Bank of America forecasts growth in digital infrastructure securitizations, indicating a shift in financial strategies.
Additionally, Perplexity AI plans to share revenue with publishers, and Miko is set to raise $155 million in Series D funding. In legal news, xAI has filed a lawsuit against Apple and OpenAI for anticompetitive practices. Stay tuned for more updates and insights into these stories.
Data Center Semiconductor Market to Reach $583 Billion by 2029
The data center semiconductor market is expected to grow significantly, driven by increased global investment in AI compute and data centers. NVIDIA and Broadcom are leading in the GPU and XPU markets, respectively. Read more
China's AI Investment for National Computing Network
China is investing in AI to create a unified computing network, aiming to boost the economy by 2035. The initiative involves collaboration from 10 provinces and has already onboarded numerous service providers and AI models. Read more
Bank of America Forecasts Growth in Digital Infrastructure Securities
A report by Bank of America anticipates that the market for securities backed by digital infrastructure, especially data centers, will grow significantly, reaching approximately $115 billion by 2026. Read more
Perplexity AI to Share Revenue with Publishers
Perplexity AI Inc. is launching a program to share $42.5 million in revenue with publishers from AI searches, addressing criticism and legal challenges over content use. Read more
Miko to Raise $155 Million in Series D Funding
Robotics startup Miko plans to secure $155 million in Series D funding from the US-based AMDG-PAX Foundation, boosting its valuation to around $550 million. The funds will support business and corporate needs. Read more
xAI Sues Apple and OpenAI for Anticompetitive Practices
xAI has initiated legal action against Apple and OpenAI, accusing them of colluding to limit competition in the AI sector. The lawsuit claims that their partnership aims to uphold Apple's smartphone dominance and stifle AI innovation. Read more
Other news
Pylon has secured $31 million in Series B funding, co-led by a16z and Bain Capital Ventures, to enhance its AI-based B2B support solutions. Meanwhile, WeRide and Bosch have unveiled AiDrive, a Level 2 Advanced Driver Assistance System, with plans for mass production by 2025.
- Pylon Secures $31 Million in Series B Funding
- WeRide and Bosch Unveil AiDrive Technology
- Clutch Introduces AI Lending Assistant HAL
- R Street Institute Backs AMERICA DRIVES Act
- NVIDIA Unveils DRIVE AGX Thor Kit for Developers
- Crusoe Expands Cloud Capacity in Iceland
- Westinghouse Introduces AI for Nuclear Industry
- AI Coaching Enhances Diabetes Management
- Creem Raises €1.8M for AI Startup Financial System
- BalanceHero Reports Record Q2 Revenue Due to AI
- Ernest AI Chosen for South Korean AGI Development Project
- Agrifields CEO on AI and Drones in Asian Farming
- Zenline AI Raises €1.3 Million in Pre-Seed Funding
- OpenAI's GPT-5-pro Generates Novel Proof in Optimization
- IBM and AMD Partner on Quantum Supercomputing
- Lambda and EdgeConneX Plan AI Data Center Expansion
- Exaforce Unveils AI Security Platform
- NVIDIA Unveils NVFP4 for Efficient AI Model Training
- Sagtec Global Partners with Kinetic Seas for AI in Food & Beverage
- Humain to Build Data Centers in Saudi Arabia by 2026
- China's Server and Chipmakers in Growth Phase
- AI Model Enhances EV Battery Longevity
- Google Expands NotebookLM Language Support
- Huawei Restructures Cloud Unit for AI Focus
- Lambda and Supermicro Collaborate on AI Factories with NVIDIA GPUs
- Mount Sinai Develops AI Tool for Cancer Analysis
- National Bank of Ethiopia Uses AI for Fraud Detection
- Telit Cinterion Validates 5G for NVIDIA Jetson Thor
- Cointel Secures $7.4M for AI-Driven Crypto Education
- OpenAI Appoints New Head of Education for India and APAC
- Robomart Launches RM5 Delivery Robot with $3 Fee
- LG CNS Unveils AI Services to Boost Productivity
- UAE Central Bank Launches AI Initiative with HSBC and Local Banks
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