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  • 🚀Apple and Alibaba Collaborate on iPhone AI Features

🚀Apple and Alibaba Collaborate on iPhone AI Features

PLUS: Positron Challenges Nvidia with New AI Chip; Sardine Secures $70M for AI Risk Platform Expansion and More!

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Zephyr
February 12, 2025

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Good morning! Today is Wednesday, February 12, 2025. We have some exciting AI news today, including a significant partnership between Apple and Alibaba, a new competitor emerging against Nvidia, and substantial funding for AI-driven risk management.

Credit: Reuters

1. Apple Partners with Alibaba to Enhance iPhone AI Features in China

Apple has joined forces with Alibaba to introduce advanced artificial intelligence features for iPhone users in China. Initially, Apple had selected Baidu for this initiative, but due to unmet expectations, the company shifted its focus to Alibaba. The collaboration aims to address declining iPhone sales in China by leveraging Alibaba's extensive user data to offer personalized services. Both companies have submitted their co-developed AI features for approval by China's cyberspace regulator.

Credit: Reuters

2. Positron Raises $23.5 Million to Challenge Nvidia in AI Chip Market

Reno-based startup Positron has secured $23.5 million in a seed funding round to scale the production of its U.S.-manufactured AI chips. The company's chips, produced in Arizona, claim to use less than a third of the power of Nvidia's top-tier H100 GPUs while delivering equivalent performance. Designed for AI inference tasks, Positron aims to meet the growing demand for efficient AI application deployment. Investors in this round include Valor Equity Partners, Atreides Management, Flume Ventures, and Resilience Reserve.

3. Sardine Secures $70 Million to Expand AI-Driven Risk Platform

Sardine, a company specializing in AI-powered risk management, has raised $70 million in a Series C funding round led by Activant Capital. The funding will accelerate the expansion of Sardine's platform, which utilizes device intelligence, behavioral biometrics, and machine learning to detect fraud in real-time, streamline compliance, and unify data across risk teams. The company has profiled 2.2 billion devices and introduced new AI agents to automate tasks such as KYC onboarding, sanctions screening, merchant risk assessment, and dispute handling.

Credit: The Verge

4. Thomson Reuters Wins Early Court Battle Over AI and Copyright

In a significant legal development, Thomson Reuters has won a preliminary court battle against Ross Intelligence, a legal AI startup. The case centers on allegations that Ross used content from Thomson Reuters' Westlaw without permission to train its AI. The court ruled that Ross's use did not qualify as fair use due to its negative impact on the market for the original work. This ruling underscores the importance of editorial content in legal databases and highlights the complexities of using copyrighted material in AI training.

5. Perplexity's F1 Sponsorship Blocked by Oracle

AI-powered search startup Perplexity attempted to sponsor the Red Bull Racing Formula 1 team with a $5 million annual deal. However, the agreement was vetoed by Oracle, Red Bull Racing's primary sponsor, due to conflicts of interest. Oracle, which has a $300 million sponsorship agreement with Red Bull Racing, is a rival bidder to Perplexity in acquiring TikTok and supports Stargate, a competing data center project. This incident highlights the intense competition among tech companies in the Formula 1 sponsorship arena.

6. Workday Launches AI Agents to Revolutionize Recruitment

Workday has unveiled an AI-enhanced recruitment software upgrade, introducing "agents" capable of performing various business workflows, including staff recruitment. These AI-powered tools aim to streamline tasks such as creating job descriptions and identifying administrative bottlenecks. Despite these advancements, Workday emphasizes that human oversight will remain integral to the final decision-making process in recruitment. The new features are expected to become available by 2025, contributing to more efficient and insightful business operations.

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Stay tuned for more updates, and have a fantastic day!

Best,
Zephyr