February 14, 2025 News

DeepSeek Founder to Meet China's Xi Jinping Amid AI Competition

DeepSeek founder Liang Wenfeng is reportedly set to meet with Chinese leader Xi Jinping and other top politicians during an upcoming summit. The meeting comes after DeepSeek's AI models demonstrated strong performance against leading American AI companies, raising concerns among U.S. officials about China's growing competitiveness in the AI race.

xAI Seeks $10 Billion Funding at $75 Billion Valuation

Elon Musk's AI company xAI is reportedly in talks to raise $10 billion at a $75 billion valuation, bringing its total funding to over $22 billion. The company is also considering purchasing more than $5 billion in servers from Dell to support development of its Grok AI models, with Grok 3 expected to release in the coming weeks.

Meta Forms New Robotics Team to Develop Humanoid Robots

Meta is creating a new team within its Reality Labs division focused on developing humanoid robotics hardware and software. Led by former Cruise CEO Marc Whitten, the team aims to build robots that can assist with physical tasks including household chores, with a potential strategy of creating foundational hardware technology for the broader robotics market.

Musk Makes $97.4 Billion Bid for OpenAI, Altman Dismisses Offer

Elon Musk has reportedly made a $97.4 billion bid to acquire OpenAI, which would be one of the largest tech acquisitions in history. OpenAI CEO Sam Altman quickly dismissed the offer, responding with a suggestion he could buy Musk's X platform for a tenth of the price, highlighting growing tensions between the AI industry leaders.

EU Abandons AI Liability Directive, Denies Trump Pressure

The European Union has scrapped its proposed AI Liability Directive, which would have made it easier for consumers to sue over AI-related harms. EU digital chief Henna Virkkunen denied this decision was due to pressure from the Trump administration, instead citing a focus on boosting competitiveness by reducing bureaucracy and limiting reporting requirements.

UK Rebrands AI Safety Institute to Focus on Security, Partners with Anthropic

The UK government has renamed its AI Safety Institute to the AI Security Institute, shifting focus from existential risks to cybersecurity and national security concerns. Alongside this pivot, the government announced a new partnership with Anthropic to explore using its AI assistant Claude in public services and contribute to security risk evaluation.