May 28, 2025 News

DeepSeek Releases Updated R1 Reasoning Model with MIT License on Hugging Face

Chinese AI startup DeepSeek has released an updated version of its R1 reasoning AI model on Hugging Face under a permissive MIT license, allowing commercial use. The updated model contains 685 billion parameters, making it a substantial upgrade that requires significant computational resources to run.

Netflix Co-Founder Reed Hastings Joins Anthropic Board to Guide AI Company's Growth

Netflix co-founder Reed Hastings has been appointed to Anthropic's board of directors by the company's Long-Term Benefit Trust. The appointment brings experienced tech leadership to the AI safety-focused company as it competes with OpenAI and grows from startup to major corporation.

xAI Invests $300M in Telegram Partnership to Integrate Grok Chatbot Across Platform

Elon Musk's xAI is investing $300 million in Telegram to integrate its Grok chatbot throughout the messaging platform for one year. The partnership will make Grok available to all Telegram users with features including chat summarization, writing assistance, sticker creation, and business support, with Telegram earning 50% of subscription revenue.

Saudi Arabia's Humain Launches $10B AI Investment Fund and Plans Massive Data Center Expansion

Saudi Arabia's state-owned AI company Humain is launching a $10 billion venture fund to invest in AI startups across the U.S., Europe, and Asia, while engaging with major firms like OpenAI and xAI. The company plans to build 1.9 gigawatts of data center capacity by 2030, aiming to process 7% of global AI training and inference workloads at an estimated cost of $77 billion.