• AI news and Funding updates 04 March 2025

  • Mar 4 2025
  • Length: 9 mins
  • Podcast

AI news and Funding updates 04 March 2025

  • Summary

  • AI news and funding updates from the last 24 hours(04th March 2025):


    ✅ Jio Platforms Limited (JPL)

    JPL, in collaboration with AMD, Cisco, and Nokia, announced an Open Telecom AI Platform at MWC 2025. AMD provides computing power, Cisco integrates networking tech, and Nokia contributes broadband expertise.


    ✅ Anthropic

    Anthropic raised $3.5B in Series E funding, reaching a $61.5B valuation. The investment supports AI research and expansion. The company also launched Claude 3.7 Sonnet and Claude Code, integrating into Replit, Thomson Reuters, and Alexa+.


    ✅ Perplexity & Astra

    Perplexity CEO Aravind Srinivas invested in Astra, an AI startup developing AI Sales Agents. Perplexity is also working on Comet, an AI web browser, and integrating AI search into Paytm.


    ✅ Klarna

    Klarna moved away from Salesforce and 1,200 SaaS tools, consolidating data with Neo4j and Cursor AI to improve productivity.


    ✅ Google

    Google launched a Data Science Agent in Colab, automating tasks like data cleaning and modeling. It also open-sourced SpeciesNet, an AI model identifying animals from camera trap photos.


    ✅ TakeMe2Space

    The SpaceTech startup raised ₹5.5 crore to launch MOI-1, India’s first AI lab in space, expanding global satellite subsystems.


    ✅ TSMC

    TSMC increased its US investment to $165B, adding three fabrication plants and R&D centers in Arizona.


    ✅ Stability AI & Arm

    Stability AI partnered with Arm to enable on-device AI-generated audio via Stable Audio Open, optimizing processing speeds by 30x on Arm CPUs.


    ✅ Vermillio

    Vermillio secured $16M in Series A funding, led by Sony Music Entertainment, to scale its AI licensing and IP protection platform, TraceID.


    ✅ Wipro and GE HealthCare

    Wipro and GE launched Versana Premier R3, an AI-powered ultrasound system under the "Make in India" initiative.


    ✅ AT&S AG

    The Austrian firm opened an IT Shared Service Center in Pune, supporting global operations.


    ✅ Microsoft

    Microsoft unveiled Dragon Copilot, an AI assistant streamlining healthcare workflows.


    ✅ Deutsche Telekom & Perplexity AI

    DT is developing an "AI Phone" with "Magenta AI," launching in 2026 with integrated AI-powered tasks.


    ✅ Podcastle

    Podcastle introduced Asyncflow v1.0, an AI text-to-speech model with 450+ voices, competing with ElevenLabs.


    ✅ Other News

    - AI use in Hollywood sparked debate at the Oscars.

    - NVIDIA’s Blackwell chips may be reaching China via third-party traders.

    - California proposed SB 53, protecting AI whistleblowers and creating CalCompute.

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