The world of artificial intelligence (AI) is rapidly evolving, with significant investments and developments across various industries. In this news brief, we'll delve into the latest updates on AI, from China's Zhipu AI raising $137 million to Honor's push to become a leading AI device ecosystem company.
China's Zhipu AI Raises $137 Million
Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment. The funding round comes amid intensifying competition in China's AI sector, particularly after rival DeepSeek's emergence with its large language models that claim to match Western competitors' capabilities at lower costs. State-backed Hangzhou City Investment Group Industrial Fund and Shangcheng Capital are among the investors in the round, Zhipu AI said in a WeChat statement on Monday.
Honor's AI-Powered 'Intelligent Phone'
Honor, a Chinese smartphone maker, is working on an AI-powered "intelligent phone" that will include a "personal mobile AI agent" able to carry out tasks like making restaurant reservations. The company plans to invest $10 billion into artificial intelligence collaborations over the next five years, with a focus on developing its AI ecosystem.
AI in the Construction Industry
The construction industry is also embracing AI, with contractors using AI to reduce costs, improve design and planning, and enhance project management. AI can optimize the distribution of labor, equipment, and materials across different phases of a project and/or across multiple projects.
AI in Epidemiology
Artificial intelligence is being used in epidemiology to detect and track disease outbreaks by monitoring real-time health data. AI-based predictive models use machine learning algorithms to analyze various data sources and predict disease prevalence.
AI in Livestock Farming
The global Artificial Intelligence in Livestock Farming market is expected to register a CAGR of 26.2% during the forecast period of 2022-2030. AI is being used to improve the health of livestock, increase profitability, and closely monitor diseases that can harm animals.
Key Takeaways
- China's Zhipu AI raises $137 million in fresh funding, amid intensifying competition in the country's AI sector.
- Honor is working on an AI-powered "intelligent phone" and plans to invest $10 billion into artificial intelligence collaborations over the next five years.
- The construction industry is embracing AI to reduce costs, improve design and planning, and enhance project management.
- AI is being used in epidemiology to detect and track disease outbreaks and predict disease prevalence.
- The global Artificial Intelligence in Livestock Farming market is expected to register a CAGR of 26.2% during the forecast period of 2022-2030.
- AI is being used to improve the health of livestock, increase profitability, and closely monitor diseases that can harm animals.
Sources
- China's Zhipu AI raises $137 million as state funds bet on AI race
- TECH & INNOVATION: AI and investor influence
- AI infrastructure and Trump 2.0
- Chinese firms to increase investment in responsible AI
- Smartphone maker Honor to invest $10 bln in AI devices
- Artificial intelligence in the construction industry: An opportunity awaits
- In push to develop AI, more courses and projects emerge at Chinese universities
- Honor smartphone maker bets on AI-powered ‘intelligent phone’
- Artificial Intelligence in Epidemiology Market Vendor and Technology Assessment Report 2024-2031
- Artificial Intelligence in Livestock Farming Market Vendor and Technology Assessment Report 2024-2031