- AI Boost
- Posts
- 🚀Alphabet Ramps Up AI Spending to $75 Billion!
🚀Alphabet Ramps Up AI Spending to $75 Billion!
PLUS: Adobe's AI Contract Assistant, European AI Funding Boom, and More!
Looking for unbiased, fact-based news? Join 1440 today.
Upgrade your news intake with 1440! Dive into a daily newsletter trusted by millions for its comprehensive, 5-minute snapshot of the world's happenings. We navigate through over 100 sources to bring you fact-based news on politics, business, and culture—minus the bias and absolutely free.
Good morning! It is February 5, 2025, today. The AI sphere is buzzing with groundbreaking innovations and massive investments that promise to reshape our digital future. Let's explore some of the most exciting developments happening right now!

Credit: Bloomberg
1. Alphabet Ramps Up AI Spending to $75 Billion
Alphabet is making headlines with its announcement to significantly increase its AI budget, with a whopping 42% boost to $75 billion for 2025. Despite initial concerns over the impact of DeepSeek's cost-efficient AI models on AI chip demand, Alphabet CEO Sundar Pichai expressed confidence in the potential for AI to create extraordinary use cases as costs continue to decrease. This increased expenditure underscores Alphabet's commitment to staying at the forefront of the AI revolution and leveraging its vast user base for growth.

Credit: Adobe
2. Adobe Acrobat's AI Assistant Simplifies Contracts
Adobe is revolutionizing how we handle complex contracts with its new AI capabilities in Acrobat. The AI assistant can now automatically recognize and summarize complicated contract language, helping users identify key terms, dates, and discrepancies across multiple versions. Available worldwide for $4.99 a month, this feature promises to save time and reduce the risk of signing agreements without fully understanding their terms, a problem faced by 70% of consumers according to recent surveys.

3. European AI Startups Raise $8 Billion in 2024
In a banner year for European AI startups, these innovative companies raised an impressive $8 billion in 2024. Representing 20% of all venture capital funding in the region, this surge highlights Europe's growing prominence as an AI hub, with the UK, France, and Germany leading the charge. As the Artificial Intelligence Action Summit approaches, more investment announcements are expected, further solidifying Europe's role in the global AI landscape.

Credit: Scale AI
4. OpenAI's Deep Research Breaks Records on AI Exam
OpenAI's latest tool, Deep Research, has shattered records on Humanity's Last Exam, the world's most challenging AI benchmark, achieving a groundbreaking 26.6% accuracy. This leap in performance, aided by its web search capabilities, places OpenAI at the forefront of AI reasoning and research. As the debate over AI's potential continues, Deep Research's success showcases the rapid advancements in AI's ability to handle complex tasks.

Credit: Hugging Face
5. Hugging Face's Open Version of OpenAI's Deep Research
Hugging Face is aiming to democratize AI research tools with its open-source version of OpenAI's Deep Research tool. By using proprietary models and an agentic framework, their Open Deep Research project offers a glimpse into how AI can autonomously navigate and analyze web data. While performance comparisons with OpenAI's o3 model remain, this initiative highlights the potential of open-source AI development.

Credit: The Verge
6. Verizon and Google One AI Premium Bundle
Starting February 6th, Verizon is offering a new $10 add-on that bundles Google One AI Premium into its wireless plans. This partnership provides users access to Google's latest AI advancements, including Gemini features in apps and the experimental Deep Research tool. This move marks another step towards integrating AI into daily digital interactions, offering enhanced capabilities and exclusive discounts to subscribers.
Automate Anything with 5000+ Pre-Built Make.com Automations
Save time and work smarter with 5000+ ready-to-use automations! From AI workflows to CRM and marketing, there’s a solution for every task—no coding needed.
How would you rate today's newsletter?Vote below to help us improve the newsletter for you. |
Stay tuned for more updates, and have a fantastic day!
Best,
Zephyr