Chinese smartphone maker Honor is investing $10 billion into artificial intelligence collaborations as part of its push to become a "leading AI device ecosystem company". The company plans to integrate AI-powered features, including a "personal mobile AI agent" that can make restaurant reservations and detect AI-generated "deepfakes", into its future devices. Honor has partnered with Google Cloud and Qualcomm to boost its AI efforts, and aims to use AI to improve the quality of photos taken with its handsets. The company's new boss, Jian Li, expects AI to "reshape the paradigm of the device industry" and vows to open up industry boundaries through collaborations over the next five years.
https://www.khaleejtimes.com/business/smartphone-maker-honor-bets-on-ai-powered-intelligent-phone-2?utm_source=most-popular-businessAnthropic's new AI model is valued at $61.5 billion after securing a $3.5 billion funding round, with Amazon investing $8 billion and Alphabet investing $2 billion. The company's Claude model can now command computers like humans do, following the release of OpenAI's ChatGPT six months prior.
https://www.hurriyetdailynews.com/amazon-backed-anthropic-releases-its-smartest-ai-model-206221Luminance, developed by University of Cambridge AI experts, has expanded its operations with over 80% growth in headcount in 2024, opening offices in San Francisco, Dallas and Toronto, and expanding its US headquarters in New York. The company works with prominent clients such as AMD, Hitachi, LG Chem, SiriusXM, Rolls-Royce and Lamborghini. Luminance has pioneered several world-firsts in AI, including the release of Lumi Go, a contract negotiation tool that enables auto-negotiation on behalf of its customers.
https://www.pymnts.com/artificial-intelligence-2/2025/luminance-raises-75-million-for-panel-of-judges-legal-ai-offering/Dell Technologies is reportedly close to a $5 billion deal with xAI, an artificial intelligence startup founded by Elon Musk, to supply servers optimized for AI work. The servers will contain Nvidia's GB200 semiconductors and are expected to be delivered this year. Shares of Dell rose 4% following the news.
https://channelnewsasia.com/business/dell-nears-deal-sell-5-billion-ai-servers-xai-bloomberg-news-reports-4939746