AI news and funding updates from the last 24 hours(01st March 2025):

✅ DeepSeek AI

- Reported a 545% theoretical daily profit margin for inference services but earns less due to discounts and free services.

- Revenue & Costs: Theoretical daily revenue: $562K; NVIDIA H800 GPU costs: $87K.

- Upcoming Models: DeepSeek R2 to launch earlier than planned.

- Market Impact: DeepSeek R1’s launch led to an NVIDIA stock drop, though NVIDIA's CEO highlighted increased AI compute demand.

✅ NVIDIA

- Supplies H800 GPUs to DeepSeek, which incurs $87K daily costs.

- DeepSeek R1 affected NVIDIA’s stock, emphasizing the hardware-AI service dependency.

✅ OpenAI Startup Fund

- Manages $175M + $114M in special purpose vehicles; invests in robotics (1X, Figure AI), healthcare AI (Ambience Healthcare, Thrive), coding (Anysphere), and ed-tech (Heeyo, Class Companion).

- Notable investments: Harvey AI (success), Ghost Autonomy (underperforming).

- Co-invests with top VCs and participates in multiple funding rounds.

✅ Mistral AI

- A French OpenAI rival, valued at $6B, with backing from Microsoft, IBM.

- Products: Chat assistant Le Chat, AI models Mistral Large 2, Codestral.

- Funding: Raised $1.04B; exploring an IPO.

✅ Google

- Sergey Brin's Memo: Encouraged a 60-hour workweek to accelerate AI/AGI development, though not an official policy change.

- Sheets Update: Integrated AI model Gemini for trend analysis, heatmaps, and Python-driven insights in Google Workspace.

✅ OpenAI

- Sora Integration: AI video tool Sora to be embedded in ChatGPT, with fewer controls than the web version.

- New Developments: Exploring a Sora mobile app, an AI image generator for photorealistic results, and an upgrade to Sora Turbo.

✅ SymbyAI

- Scientific AI SaaS platform optimizing research workflows.

- Raised $2.1M seed funding to expand team and partnerships.

- Provides AI-powered peer review, replication assistance, and data privacy-focused solutions.

✅ Mozilla

- Clarified Firefox Terms of Use after backlash, stating no changes in data privacy.

- Critics worry broad terms could imply AI/ad use of user-uploaded data, despite Mozilla’s denials.

✅ Microsoft

- Skype Retirement (May 2025): Users transition to Microsoft Teams (free), with chat and contact migration.

- Interoperability: Skype-Teams messaging will work during the transition.

- Paid Skype features will be phased out for new users but continue for existing subscribers until renewal.