NVIDIA launches cheap compact AI supercomputer for developers

Today’s Highlights:

📰 News: NVIDIA launches cheap compact AI supercomputer for developers + Google launches new reasoning model and code-assist tools

💰 Funding: Cursor, AI powered code assistant, raises $100M

⚡️ Top News Stories:

1. NVIDIA launched the $249 Jetson Orin Nano Super Developer Kit, a compact generative AI supercomputer tailored for developers, students, and hobbyists, supporting applications like LLM chatbots, robotics, computer vision, and high-resolution multi-camera setups.

2. Google Cloud has introduced Gemini Code Assist tools, enabling developers to access information and perform actions across their engineering systems directly from their Integrated Development Environment (IDE).

3. Google launched Gemini 2.0 Flash Thinking Experimental on AI Studio, a multimodal reasoning AI model designed for complex problem-solving in programming, math, and physics, which strengthens responses by pre-processing related prompts and offering self-explanatory, fact-checkable answers.

4. OpenAI’s o1 Model is now available to developers on usage tier 5 via the API.

5. DeepMind has launched FACTS Grounding, a comprehensive benchmark designed to evaluate the factual accuracy of LLMs by assessing how well their responses align with provided source materials, w/ the ultimate aim of mitigating the issue of AI-generated hallucinations.

6. GitHub has announced a new free tier for GitHub Copilot, making AI-powered code suggestions accessible to all developers using Visual Studio Code (VS Code).

7. In 2024, Microsoft purchased 485,000 of Nvidia’s "Hopper" AI chips, double that of its closest competitors like Meta and Amazon, to support its AI infrastructure for OpenAI and Azure services.

8. Runway has launched the Global Talent Network, a platform connecting brands, agencies, and studios with skilled creators in generative media, enabling AI-driven content production through portfolio showcases, project matchmaking, and adoption of Runway's video generation tools.

9. YouTube has partnered with CAA to develop tools that help creators and artists manage AI-generated content featuring their likeness on the platform.

10. Instagram will launch AI-powered video editing tools in 2025, leveraging Meta’s Movie Gen AI to enable creators to alter appearances, backgrounds, and add animated effects using text prompts, with features like outfit changes and jewelry additions highlighted by Adam Mosseri.

11. Meta's Ray-Ban Meta glasses, enhanced with the v11 update, now offer live AI video assistance, real-time language translation between English and three other languages, and hands-free song identification via Shazam integration.

12. SoftBank CEO Masayoshi Son, alongside President-elect Donald Trump, pledged a $100Bn U.S. investment over four years, focused on AI and infrastructure, with a commitment to creating 100K new jobs by the end of Trump's term.

💰 Top Funding News:

1. Cursor, the AI-powered coding assistant designed to streamline software development, raised a $100M Series B led by Thrive Capital, w/ Andreessen Horowitz (a16z).

2. Decart, which focuses on AI infrastructure, models, and data, raised a $32M Series A led by Benchmark.

3. Backflip, which leverages AI foundation models trained on 3D parts to turn text, sketches, photos, or images into usable 3D designs, raised a $30M Series A, co-led by Andreessen Horowitz (a16z) and New Enterprise Associates (NEA).

4. Boon, which develops AI-driven tools for fleet and logistics companies, raised $20.5M from Marathon and Redpoint Ventures.

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