Europe Is Still In The F-AI-ght 🥊 Musk-Led Consortium Eyes OpenAI 😵

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For those that are new around here, this is an extension of my weekly newsletter where I highlight new and innovative AI products that are worth exploring.

Hey hey!

Happy Wednesday!

Here’s your news in newsletter!

Riding off the high of yesterday’s catchup recap, Today’s News issue covers the news from the past week, so it’ll be short and sweet.

In this Issue:

• Your Weekly Industry News Recap

• Investors; We need to talk

• The Raise Recap

The Headliner: Europe Moves on AI with a €150B Investment ⚡

Big money is flowing into European AI! The EU is pledging €150B to supercharge AI startups and research. The goal? Compete with AI giants in the U.S. and China while keeping a close eye on ethical regulations. Read More🔗

Your Weekly Industry News Recap

• Cisco & Mistral AI Team Up to Improve Customer Experiences 🎧
  AI-powered customer service is getting an upgrade! Cisco and Mistral AI are working together to add real-time automation and personalization to customer interactions. Think faster responses, smarter recommendations, and better support. Read More 🔗

• Shopify is Using AI to Help Merchants Sell Smarter 🛍️
  Running an online store just got easier! Shopify is rolling out new AI-powered tools to help merchants with marketing, inventory forecasting, and customer engagement. More automation, less hassle—what’s not to love? Read More 🔗

• Monday.com’s AI Vision Wants to Scale Your Business 📈
  More AI, more productivity! Monday.com is rolling out new AI features to automate workflows, track trends, and help businesses scale. Whether it’s project management or decision-making, AI is taking the lead. Read More 🔗

• Thomson Reuters & Anthropic Bring AI to Tax Research 📊
  Tax pros, rejoice! Thomson Reuters is teaming up with Anthropic to create AI-powered tools for tax and legal research. This means less time sifting through laws and more time making smart decisions. Read More 🔗

• Lyft & Anthropic Are Bringing AI to Ridesharing 🚗
  Smarter rides are on the way! Lyft is partnering with AI startup Anthropic to add AI-driven chatbots and real-time analytics to its platform. Expect smoother trips, better safety features, and a more personalized ridesharing experience. Read More 🔗

Investors; We Need To Talk…

Over the past year of reporting on AI, We’ve watched astronomic valuations get slapped on startups building foundational infrastructure—chipsets, core models, and research labs. But here’s the thing: we’re in a sandbox era, where everyone’s experimenting, and the real winners won’t be the ones selling the newest iteration of the shovel. They’ll be the ones digging up value that people actually use. We’re in an exploratory phase that I like to call the sandbox era! What does this mean for investors? It means your chips might want to be balanced across a few positions. Which ones? Read the whole article on the state of funding for the AI space.

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The Raise Recap 📈💰 

1. Harness & Traceable Merge for AI-Powered Software Security 🤝
   DevSecOps just got a boost! Harness and Traceable are merging to create a next-level AI-powered software delivery and security platform. This means developers get better automation, security, and efficiency—all in one package. Read More 🔗

2. New Charter Technologies Snaps Up Orchestrate AI 🔄
   Another AI acquisition is in the books! New Charter Technologies has acquired Orchestrate AI to expand its automation solutions for businesses. With AI-driven workflow optimization on the rise, this move helps streamline operations in a big way. Read More 🔗

3. UAE & France to Develop a 1GW DC Campus for AI Computing ⚡
   The UAE and France are working together to build a 1-gigawatt direct current (DC) campus for AI computing. This massive project will provide the energy infrastructure needed for next-gen AI applications. AI’s demand for computing power is pushing global energy collaborations. Read More 🔗

4. CogniQuest AI Lands $1.2M to Supercharge Insights 🌱
   AI-powered research is getting an upgrade! CogniQuest AI just secured $1.2M in seed funding to boost its predictive analytics and insights platform. Expect smarter, faster data-driven decision-making for businesses. Read More 🔗

5. Danish AI Startup Raises $8.4M for Speedy Consumer Insights 🔍
   AI-powered consumer research is going full throttle! A Danish startup raised $8.4M to make customer insights faster and more accurate than ever. This means brands can understand their customers in real time without waiting on traditional market research. Read More 🔗

6. Elon Musk’s Group Eyes OpenAI with a $974B Bid 🚀
   This could be huge! Elon Musk’s group has made a jaw-dropping $974B bid to take control of OpenAI. If this goes through, expect some major shifts in the AI landscape. Read More 🔗

7. Brookfield Drops €20B into AI Infrastructure in France 🇫🇷
   Europe’s AI game is leveling up! Brookfield is pouring €20B into data centers, cloud services, and AI computing in France. This is part of a massive push to keep up with AI giants like the U.S. and China. Read More 🔗

Stay well, and see you next week!

-✌🏽 Sam