Author: buzzodo

In a world-first move, the Albanian government has appointed an artificial intelligence bot as a member of its cabinet. Named Diella—meaning “sun” in Albanian—the digital minister has been tasked with overseeing public procurement processes and managing contracts with private companies. Prime Minister Edi Rama, introducing his new cabinet, described Diella as “the first minister created...

Arm Holdings, one of the world’s leading chip design companies, has unveiled its next-generation processor family “Lumex,” designed specifically for mobile devices. The new line introduces on-device AI capabilities, enabling artificial intelligence tasks to run locally without relying on the internet or cloud services. The Lumex family consists of four models, ranging from low-power chips...

According to the Financial Times, China is preparing to triple its AI chip production capacity by 2026. The move is part of Beijing’s strategy to reduce its reliance on the United States—particularly on Nvidia—and to achieve greater self-sufficiency in semiconductor technology. A central role in this plan belongs to Huawei, which aims to launch a...

Framer, the no-code website building platform, has raised $100 million in its Series D funding round. The investment, led by existing backers Meritech and Atomico, has boosted the company’s valuation to $2 billion. With over 500,000 monthly users, Framer allows anyone to design and manage professional-grade websites without technical expertise, thanks to its intuitive drag-and-drop...

OpenAI has unveiled its new gpt-realtime model, marking the beginning of a new era in voice AI. Announced during a live broadcast on Thursday, the model is described as the company’s most advanced speech-to-speech system to date. What sets gpt-realtime apart is its ability to deliver speech that closely resembles the human voice—capturing tone, emotion,...

The U.S. government has announced a $8.9 billion investment in Intel, acquiring a 10% stake in the chipmaker. President Donald Trump and Commerce Secretary Howard Lutnick revealed the deal, which stands out as one of the largest commercial agreements Washington has struck with an American corporation since the 2008 auto industry bailouts. The investment was...

Swedish fintech company Klarna is preparing to revive its plans for an initial public offering (IPO) in the United States next month. According to sources close to the matter, the company’s valuation is expected to fall within the range of 13 to 14 billion dollars. Klarna has previously considered going public but postponed its plans...

Nvidia and AMD have agreed to allocate 15% of their revenue from selling high-end AI chips to China directly to the U.S. government. This arrangement, viewed as a form of “revenue tax,” signals a partial easing by the Trump administration on chip exports to China, while also highlighting Washington’s intent to secure a share of...

Biotechnology startup Chai Discovery has raised $70 million, pushing its valuation to $550 million. The funding round included Menlo Ventures, Thrive Capital, OpenAI, DST Global Partners, and Yosemite, a cancer-focused VC firm founded by Steve Jobs’ son. Founded in 2023 by Joshua Meier and Jack Dent, Chai Discovery is focused on developing faster and more...

Meta has taken another step to expand its presence in the AI voice technology space with a new acquisition. Following last month’s purchase of PlayAI, the tech giant has now acquired WaveForms, a startup specializing in AI-driven voice solutions. Financial terms of the deal were not disclosed. According to The Information, the move is part...