Nvidia Unveils Cheaper AI Chip for China Amid U.S. Export Restrictions

With the U.S. tightening its grip on advanced chip exports to China, Nvidia is taking a new approach—launching a scaled-down AI chip that stays within regulatory limits but keeps the company in play. Slated for mass production in June, the new GPU reflects both strategic compromise and market survival.

Source: EconomicTimes

France’s Mistral AI Aims High with Le Chat and $6B Valuation — But Can It Compete Globally?

Mistral AI is emerging as Europe’s boldest contender in the AI race, with a $6 billion valuation, heavy government backing, and growing adoption of its AI assistant, Le Chat. But can the French startup turn buzz into global influence?

Source: TechCrunch

AI Startup Hedra Raises $32M to Fuel Viral Talking Character Videos and Customizable AI Models

Hedra, a rising AI video generation startup behind the viral trend of talking AI baby podcasts, has secured $32 million in Series A funding. The round, led by Andreessen Horowitz (a16z), will help the company enhance its Character-3 model and build more interactive AI video tools focused on expressive 3D characters and storytelling.

Read more on TechCrunch

DeepSeek in Hot Water Over Data Privacy in South Korea

South Korea’s data watchdog says Chinese AI startup DeepSeek transferred user data and AI prompts overseas without permission during its January app launch. Downloads were halted in February, and officials now demand DeepSeek delete the data and set legal safeguards. DeepSeek claims it stopped the transfers in April to improve user experience, sparking ongoing privacy concerns

Read more on Reuters

AI Startups Are on Fire: $36M Raised for Smarter Tools and Tech

April was a big month for AI startups—Qevlar, HoneyHive, Solve Intelligence, and Delos pulled in a combined $36 million in funding. From cybersecurity and patent automation to testing AI agents and boosting office productivity, these companies are building tools that could shape how we work and innovate in the AI space.

Read more on Business Insider

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