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Microsoft’s Investment In Spain

Microsoft’s Investment In Spain

PLUS: SoftBank vs Nvidia, Neuralink’s Progress

Welcome humans, here’s your 3-minute recap (without the fluff):

Microsoft invests $2.1 billion in Spain
SoftBank preps $100 billion AI chip venture to rival Nvidia
First Neauralink patient controls the computer cursor with thoughts
New tools, funding updates & job postings

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How AI and data is changing the reinsurance landscape (link)

Nvidia's value is soaring thanks to the AI boom. Can it keep going? (link)

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🗞️ News

Microsoft’s Investment in Spain

Microsoft plans to expand its AI and cloud infrastructure in Spain with a $2.1 billion investment over the next two years. This will strengthen Microsoft's 37-year commitment to Spain's security, development, and digital transformation.

The investment will include building new data centers. Microsoft recently made a similarly large investment in Germany.

→ More details about Microsoft’s Investment in Spain

SoftBank vs Nvidia

SoftBank founder Masayoshi Son is seeking to raise $100 billion for a new venture called Izanagi to develop AI chips. This would compete with Nvidia.

Son plans to seek Middle Eastern investors for $70 billion and contribute $30 billion himself. Izanagi would collaborate with Arm, the chip design company that SoftBank owns 90% of.

→ More details about SoftBank’s plan

Neuralink’s progress

Neuralink's first human patient who received an implant of the company's brain chip last month is now able to move a computer mouse cursor using just their thoughts.

Neuralink is working on enabling additional functions like holding down buttons through thought as well. The implant is aimed at helping paralyzed people control devices and complete tasks using their minds.

→ More details about Neuralink’s progress

💰 Funding

Atlas raises $4.5M research grant for 3D GenAI and 3D asset creation (link)

Levr AI closes $1M seed round for AI-powered loan platform for small businesses (link)

💼 Job Board

Senior Machine Learning Engineer at Coinbase (Remote)

Venture Lead, Conversational AI Experiences at Adobe (US)

🐦 Tweet Of The Day

Prompt: "a photorealistic video of a butterfly that can swim navigating underwater through a beautiful coral reef"
Video generated by Sora 🤯
The future of content is unimaginable.
— Artificial Intelligence | News and Updates (@neatprompts)
9:25 PM • Feb 19, 2024