South Korea's AI Chip Unicorn, GameStop's AI Module, and $700M for Nebius Expansion

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In today’s edition, we explore the formation of South Korea's first AI chip unicorn, A $700 million funding round for AI infrastructure leader Nebius. Plus, we dive into the rise of AI-driven browsers, new breakthroughs in e-commerce copilots, and other significant AI developments shaping the future.

And of course, today’s AI news is right below the video. If you are reading this and you are not already subscribed, here’s the link.

Today’s top stories

Rebellions Inc. and Sapeon Korea Merge to Form South Korea's First AI Chip Unicorn

Rebellions Inc. has merged with Sapeon Korea, backed by SK Telecom, establishing the first domestic AI chip unicorn in South Korea. The company plans to expand globally and advance its AI chip technology. Read more

GameStop Introduces AI-Powered GameScent Module

GameStop has launched GameScent, an AI-driven product priced at $179, designed to release specific scents during gaming sessions. While it promises to enhance gaming experiences, concerns have been raised over its high cost, limited scent options, and environmental impact. Read more

Sinatra Raises $800K Pre-Seed Round for AI E-Commerce Copilot

Brazilian AI startup, Sinatra, secured $800K in a pre-seed funding round led by Grupo Quality Digital to enhance their AI copilot for e-commerce, aiming to improve profitability and reduce costs for medium and large businesses. Read more

The Browser Company Introduces Dia, an AI-Focused Web Browser

The Browser Company, known for its Arc Browser, has unveiled Dia, a new web browser that emphasizes AI tools, with a launch expected in early 2025. Read more

Nebius Raises $700 Million from Nvidia, Accel, and Others for U.S. Expansion

European AI infrastructure company Nebius has secured $700 million in funding to expand its cloud infrastructure in the U.S. and Europe, following its resumption of Nasdaq trading. Read more

Other stories

• Floworks Introduces 'Tool Use' Feature in AI Sales Rep Alisha

• Growing Popularity of Simulated AI Pets Among Chinese Consumers

• Bespin Global and Upstage Collaborate on AI Platform for Businesses

• Study Reveals Ideological Biases in Large Language Models from Major Tech Companies

• Study Reveals 'Open' AI May Concentrate Power Rather than Promote Transparency

• NASA and Ubotica Collaborate on AI-Driven Satellite Technology for Earth Observation

• Korean Startup MindsGround to Host AI Conferences with Indonesian Government

• IIMA Ventures and Google Launch AI Academy India 2024

• American University in Dubai Launches Master of Science in AI Programme

• London Startup Hippos Launches World's First AI-Powered Knee Airbag

• KTU Researchers Develop AI Model for Diagnosing Depression with High Accuracy

• Yuval Noah Harari to Speak at EBU AI Summit

• Stellaris Venture Partners Closes Third Fund at $300 Million for Startup Investments

• Omri Casspi Launches $60 Million Fund for Cybersecurity, Cloud, and AI Startups

• Understanding Multimodal Embeddings in AI

• AWS CEO Matt Garman Promises Significant AI Updates at re:Invent Conference

• Prosus Reports Increased Revenue for Fiscal Half Year

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