Alibaba's AI Breakthrough, Suno's $100M Talks, and Google's LLM-Evalkit Launch - Daily AI Brief #312

October 21, 2025 - Daily AI Brief
Hi there,

Welcome to today's AI Brief.

Alibaba has announced that it has broken even on its AI spending for e-commerce, marking a significant milestone in its technological investments. Meanwhile, Suno is in discussions to secure $100 million in funding, despite facing legal challenges. Workday plans to invest €175 million in a new AI center in Dublin, expanding its presence in the region.

NVIDIA and Google Cloud have launched G4 VMs equipped with RTX PRO 6000 GPUs, enhancing their cloud computing capabilities. Google has also introduced the LLM-Evalkit for prompt engineering, aiming to streamline AI development processes. In Israel, Nebius has launched an AI cloud powered by NVIDIA Blackwell GPUs, furthering its technological infrastructure.
Alibaba Breaks Even on AI Spending for E-Commerce
Chinese tech giant Alibaba has announced that its investment in artificial intelligence for e-commerce platforms is breaking even, with a notable increase in advertising returns. The company plans significant future investments to further enhance its AI capabilities. Read more
Suno in Talks for $100M Funding at $2B Valuation Amid Lawsuit
Generative AI music startup Suno is negotiating to raise over $100 million, potentially valuing the company at more than $2 billion. The company is also facing a lawsuit from major record labels over copyright infringement claims. Read more
Workday to Invest €175M in Dublin AI Centre
Workday plans to invest €175 million in a new AI Centre of Excellence in Dublin, creating 200 jobs. The initiative will focus on AI research, cybersecurity, and engineering, with support from IDA Ireland. Read more
Cohere Inc. Announces Secondary Sale of Employee Shares
Cohere Inc., supported by Nvidia Corp., is enabling employees to sell their shares to external investors through a secondary sale. The company has achieved $150 million in annualized revenue and was recently valued at $7 billion. Read more
NVIDIA and Google Cloud Release G4 VMs with RTX PRO 6000 GPUs
NVIDIA and Google Cloud have launched G4 VMs featuring NVIDIA RTX PRO 6000 Blackwell GPUs, targeting enterprise AI and industrial digitalization. The VMs support applications like NVIDIA Omniverse and Isaac Sim for digital twins and robotics development. Read more
McKinsey Predicts $5 Trillion in AI-Driven Commerce by 2030
A report by McKinsey & Company suggests that AI agents could drive up to $5 trillion in global sales by 2030, indicating a major shift in consumer shopping habits. Read more
Xense Robotics Secures 100 Million Yuan in Pre-Series A Funding
Xense Robotics, a Chinese startup focused on robotic sensing technology, has raised 100 million yuan in a Pre-Series A funding round led by Fortera Capital. The funds will aid in technology R&D, product development, and market expansion. Read more
Cercli Secures $12 Million for AI HR Solutions
Dubai-based startup Cercli has raised $12 million in a Series A round led by Picus Capital to develop AI-powered HR solutions for the MENA region. Read more
Arm Holdings Expands Licensing Program for Armv9 Edge AI
On October 20, 2025, Arm Holdings announced the expansion of its Flexible Access licensing program to include the Armv9 edge AI platform, aiming to support startups and device manufacturers with chip design tools and training. Read more
ABB CEO Confident in AI Data Center Demand
The CEO of ABB, Morten Wierod, has expressed confidence in the growing demand for data centers that support AI, highlighting a significant increase in orders for electrification products this year. Read more
LangChain Secures $125 Million in Series B Funding
LangChain, a startup focused on developing AI agents, has raised $125 million in Series B funding, achieving a valuation of $1.25 billion. The funding round was led by IVP with participation from several notable investors. Read more
Nexos.ai Secures €30 Million for AI Adoption
Lithuanian startup Nexos.ai has raised €30 million in a Series A funding round to facilitate secure AI tool adoption for enterprises. The funding will aid in expanding their operations across Europe and North America. Read more
Oracle Introduces OCI Dedicated Region25
Oracle has announced the launch of its OCI Dedicated Region25, enabling organizations to deploy a full public cloud region with over 200 AI and cloud services using just three racks. This development aims to enhance flexibility and control for customers amid growing data sovereignty needs. Read more
FTC Removes AI Risk Blog Posts from Lina Khan Era
The Federal Trade Commission has taken down three blog posts from Lina Khan's tenure that addressed AI risks and open-source AI. This action is part of a broader trend of deregulation under the Trump administration. Read more
Nebius Launches AI Cloud with NVIDIA Blackwell in Israel
Nebius has launched the Nebius AI Cloud in a new data center in Israel, featuring one of the first publicly available deployments of NVIDIA Blackwell GPUs. This facility aims to enhance AI computing capabilities for local startups, tech companies, and research institutes. Read more
Replit Projects $1 Billion Revenue by 2026
Replit anticipates reaching $1 billion in revenue by 2026, up from $240 million, driven by AI coding tools and a growing user base. Read more
Microsoft Launches ExCyTIn-Bench for AI Cybersecurity
Microsoft has introduced ExCyTIn-Bench, an open-source benchmark to evaluate AI agents' performance in cybersecurity investigations. It simulates realistic attack scenarios to assess data gathering and analysis by AI agents. Read more
Adobe Introduces AI Foundry for Custom Enterprise Models
On October 20, 2025, Adobe announced the launch of Adobe AI Foundry, a service designed for enterprises to develop custom generative AI models aligned with their branding and intellectual property. Read more
10x Genomics and Anthropic Partner for Life Sciences
10x Genomics and Anthropic have partnered to integrate single cell and spatial analysis tools into Claude for Life Sciences, enhancing data accessibility for researchers. Read more
Pinterest Limits AI Content in Feeds
Pinterest has introduced new tools that allow users to control the amount of AI-generated content in their feeds. This initiative responds to user feedback about the increase of AI content on the platform. Read more
Google Launches LLM-Evalkit for Prompt Engineering
Google has released LLM-Evalkit, an open-source framework designed to enhance prompt engineering for large language models. The tool integrates prompt creation, testing, and performance tracking, and is available on GitHub with Google Cloud integration. Read more
Periodic Labs Secures $300 Million in Seed Funding
A new startup, Periodic Labs, founded by researchers from OpenAI and Google Brain, has raised $300 million in seed funding. The company plans to use AI for advancements in material science. Read more
OpenEvidence Raises $200M at $6B Valuation
OpenEvidence, a medical AI platform, has secured $200 million in funding, elevating its valuation to $6 billion. The platform, likened to ChatGPT for doctors, has seen significant growth in clinical consultations. Read more
Target Implements Generative AI in Retail
Target is using generative AI to improve demand forecasting and enhance its third-party marketplace operations. The company is also training its workforce in AI technologies to increase productivity. Read more

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Daily AI Brief.

Also, consider following us on social media:

Subscribe to Daily AI Brief

Daily report covering major AI developments and industry news, with both top stories and complete market updates