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Huawei unveils CloudMatrix 384 Supernode to challenge Nvidia in AI computing

Huawei has launched the CloudMatrix 384 Supernode, an AI infrastructure architecture boasting 300 petaflops of computing power, surpassing Nvidia’s NVL72 system at 180 petaflops. This development highlights Huawei's push for technological self-sufficiency amid U.S. sanctions, as the company replaces foreign components with domestic alternatives, resulting in a 10% revenue increase in 2023. The CloudMatrix system, powered by Huawei's Ascend 910C chips, signifies a significant advancement in China's AI capabilities and could reshape the global AI infrastructure landscape.

Whatfix embraces artificial intelligence to achieve 150 million ARR goal

Whatfix is intensifying its focus on artificial intelligence as it aims to achieve a $150 million annual recurring revenue (ARR) milestone by 2025. The company's strategic shift highlights its commitment to leveraging AI technologies to enhance its offerings and drive growth in the competitive market.

Binance KuCoin and MEXC face service disruptions from AWS network issues

Binance, KuCoin, and MEXC are experiencing service disruptions due to a network interruption affecting AWS. This incident has impacted the operations of these cryptocurrency exchanges, leading to reported issues for their users.

electric motor startup conifer raises 20 million to innovate with ferrite magnets

Conifer, an EV motor startup founded by former Lucid Motors and Apple engineers, has raised $20 million in seed funding to develop electric motors using ferrite magnets, avoiding rare earth materials. Targeting small electric mobility markets, the company aims to simplify integration for vehicle manufacturers and has attracted interest from various industries, including lawnmower and HVAC systems. Their approach addresses supply chain vulnerabilities and environmental concerns associated with rare earth mining, while also capitalizing on the shift towards localized manufacturing through automated "microfactories."

Korean AI startup secures 15 million investment to enhance robotics capabilities

RLWRLD, a Korean AI startup, has raised $15 million in seed funding from notable investors including LG Electronics and SK Telecom. The funds will enhance its robotics foundation models and industrial data pipelines, positioning the company to tackle workforce challenges in manufacturing through advanced physical AI solutions. This investment reflects a growing trend of cross-border industrial alliances in AI development, emphasizing collaboration among major corporations to drive innovation.

ViTai Robotics secures 13.8 million dollars funding for humanoid robot technology

Shanghai's ViTai Robotics has secured $13.8 million in funding, led by Xiaomi, to develop visual-tactile sensing systems for humanoid robots. The investment will support R&D and commercialization of technology aimed at enhancing robotic dexterity for industrial and consumer applications, while also facilitating international expansion.

AMD prepares to begin chip production at TSMC Arizona facility

AMD's CEO has announced the company's readiness to commence chip production at TSMC's facility in Arizona. This development marks a significant step in AMD's manufacturing capabilities and collaboration with TSMC, enhancing their operational footprint in the U.S.

RLWRLD secures 14.8 million dollars to develop robotics foundational model

RLWRLD has successfully raised $14.8 million to develop a foundational model aimed at advancing robotics technology. This funding marks a significant step in the company's mission to innovate within the robotics sector, positioning it for future growth and development.

Nvidia collaborates to build first AI supercomputers in the US

Nvidia is collaborating with partners to develop AI supercomputers in the United States for the first time. This initiative marks a significant step in advancing AI technology and infrastructure within the country. The project aims to enhance computational capabilities for various applications.

southeast asia's cautious approach to rapid advancements in agentic ai

The rapid evolution of agentic AI is causing caution among Southeast Asian startups, as many founders hesitate to adopt new technologies due to the fear of obsolescence. While Chinese firms are advancing quickly, local companies are opting to wait for clear leaders in the market before investing further. This landscape is further complicated by the emergence of quantum computing, signaling a transformative era ahead.
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