OpenAI Valuation Nears $500B; Nvidia Releases Nemotron Nano 2
Key Takeaways
- OpenAI nears $500B valuation, potentially becoming the most valuable private company globally.
- Nvidia releases Nemotron Nano 2, a 9B parameter open-source model for edge AI.
- EU's AI Act may limit US companies' global AI operations by setting global standards.
- AI designs new antibiotics, NG1 and DN1, effective against drug-resistant infections in lab tests.
- Databricks secures $1B round, valued at $100B, to lead in the AI database market.
Top Stories
OpenAI nearing $500B valuation, potentially most valuable private company.
On August 19, 2025, OpenAI is reportedly nearing a $500 billion valuation, potentially making it the most valuable private company globally. OpenAI is reportedly in discussions to sell $6 billion of employee shares to investors.
Nvidia releases Nemotron Nano 2, a 9B parameter open-source model.
Nvidia released Nemotron Nano 2, a 9 billion parameter open-source language model, designed for edge AI applications. It features a hybrid Transformer–Mamba architecture, offering up to 6x higher throughput and maintains 128K-token context capability.
EU's AI Act may limit US companies' global AI operations.
President Trump aims to boost American A.I. companies by reducing regulations, while the European Union's comprehensive A.I. regulations, such as the A.I. Act, could limit U.S. companies' global operations. The E.U.’s rules may set a global standard, influencing how A.I. is developed and used worldwide.
AI designs new antibiotics effective against drug-resistant infections.
MIT researchers used AI to design new antibiotics, including NG1 and DN1, which showed success in lab tests against drug-resistant gonorrhea and MRSA. The study involved 36 million compounds and could mark a new era in antibiotic discovery.
Databricks secures $1B round, valued at $100B, to lead AI database.
Databricks secured a $1 billion round at a $100 billion valuation, aiming to lead in the AI database market. The company forecasts $3.7 billion in annualized revenue by July with 50% year-over-year growth.
AI Deep Dives
Meta reorganizes AI division to accelerate superintelligence research.
Meta reorganized its AI division, Meta Superintelligence Labs (MSL), into four teams to accelerate its pursuit of superintelligence. The reorganization aims to capitalize on recent talent acquisitions and Meta's goal of achieving superintelligence.
AI Funding
IVIX raises $60M for AI financial fraud detection software.
On August 18, 2025, IVIX, an AI-powered financial fraud detection software company based in New York, secured $60 million in Series B funding. The company provides software to financial law enforcement agencies in the U.S., Europe, and Asia to detect financial fraud and money-related crimes.
Firecrawl raises $14.5M to help websites get paid for AI content use.
Firecrawl, an AI crawler startup, raised $14.5M in Series A funding led by Nexus Venture Partners. The company offers an open-source web crawler and commercially supported API used by 350,000 developers, aiming to help website owners get paid when AI uses their content.
AI Today
OpenAI launches ChatGPT Go in India for ₹399/month.
OpenAI launched ChatGPT Go in India for ₹399/month, offering 10x more messages, images, and file uploads than the free version. This plan aims to expand OpenAI's user base in price-sensitive markets by making premium AI features accessible to students, freelancers, and professionals.
OpenAI's budget ChatGPT Go plan may launch almost everywhere.
OpenAI is expanding access to its budget ChatGPT Go plan, positioned between the free and Plus plans (₹1,999/month). Initially expected to be available only in certain countries like India, new data suggests it may launch almost everywhere.
Foxconn's AI server revenue exceeds consumer electronics in Q2 2025.
Foxconn's AI server and cloud revenue surpassed consumer electronics in Q2 2025, at 41% of total revenue. AI server revenue is expected to grow over 170% in Q3.
Altman: GPT-5 enables individuals to achieve what teams once did.
On August 19, 2025, Sam Altman discussed GPT-5's capabilities, highlighting its potential for individuals to achieve what once required large teams. He emphasized learning AI tools, focusing on user needs, and the value of human connections.
Neil Lawrence shares optimistic view on AI, navigating potential pitfalls.
On August 18, 2025, BBC published an interview with Neil Lawrence, the DeepMind Professor of Machine Learning at the University of Cambridge, on 'The Life Scientific'. Lawrence shares his optimistic view on AI and how to navigate its potential pitfalls.
AI boom consumes massive power in America, impacting economy.
The AI boom in America, centered in Ashburn, Virginia, is consuming massive amounts of power, with data centres there using over a quarter of Virginia's electrical utility output. This boom is having a significant impact on the rest of the economy.
UK aims to develop sovereign AI chip design industry, needs 12,000 designers.
The UK's Council for Science and Technology (CST) published a report emphasizing the strategic importance of developing a sovereign AI chip design industry. The UK aims to design 50 new AI chip products in five years, requiring 12,000 chip designers.
AI in Action
Agentic AI transforms automation with autonomous decision-making.
Agentic AI, capable of autonomous decision-making, is transforming industries by streamlining workflows and improving outcomes. Agentic RPA transforms enterprise automation through autonomous decision-making, embedding cognitive and goal-oriented intelligence into automation bots.
AI travel tools tested, show mixed results in trip planning.
On August 19, 2025, The New York Times published an article by Gabe Castro-Root testing A.I. travel tools. The article evaluates A.I.-powered tools for trip planning, loyalty program optimization, and language translation, with mixed results.
AI tool improves grades for thousands of Liverpool primary pupils.
Thousands of primary school pupils in Liverpool have improved their grades thanks to an AI tool called Century AI. Mayor Steve Rotheram said 4,000 pupils saw improvements in their marks in the last school year.
Eletrobras deploys C3 AI Grid Intelligence to enhance grid resilience.
Eletrobras is deploying C3 AI Grid Intelligence across its transmission network to enhance grid resilience throughout Brazil. The technology was initially rolled out at ten substations in 2024 and will be scaled under the Eletro.ia programme.
AI system transcribes doctor-patient conversations in Jersey practice.
A Jersey GP practice is testing an AI-powered system, Heidi Health, to transcribe doctor-patient conversations. The aim is to allow GPs to focus on consultations, improve communication, and save time.
AI's disruptive potential in education surpasses pandemic's impact.
Mariana Maggio highlights AI's disruptive potential in education, surpassing even the pandemic's impact. She emphasizes rethinking evaluation methods and the evolving role of teachers, with students already using AI via mobile phones.
KDDI launches 'KDDI Smart Space Design' using AI, robotics.
On August 19, 2025, KDDI launched 'KDDI Smart Space Design' to support space creation using communication, robotics, and AI technologies. The service utilizes AI to generate office layouts, including zoning, furniture placement, and cost estimates, in approximately 15 minutes.
Ethical AI
AI 'spoofing' scams impersonate bank officials, warns Standard Bank.
Standard Bank warned clients about a rise in "spoofing" scams, where fraudsters use AI to impersonate bank officials through AI-generated voices and emails. Cybercriminals are using AI to create realistic voice and video impersonations of CEOs to deceive employees, resulting in financial losses and data breaches.
Man wrongly identified as fraudster by AI facial recognition software.
On August 18, 2025, Craig Hadley was wrongly identified as a fraudster by AI facial recognition software at a Sports Direct store in Rotherham. The incident has raised concerns about the accuracy of facial recognition technology.
Texas AG probes Meta, Character.AI over misleading mental health chatbots.
Texas Attorney General Ken Paxton investigated Meta and Character.AI over AI chatbots that may mislead minors by claiming to offer mental health support, acting like therapists without medical training or oversight. The probe focuses on deceptive business practices and false claims about the chatbots' ability to provide mental health support.
Schmidt, Xu warn against Silicon Valley's focus on superhuman AI.
On August 19, 2025, Eric Schmidt and Selina Xu warn against Silicon Valley's focus on superhuman AI, noting massive investments in A.G.I. research. They argue this distracts from current AI applications and risks falling behind China, which prioritizes AI integration and public trust.
OpenAI considers encrypting ChatGPT chats to address privacy concerns.
OpenAI is considering encrypting ChatGPT chats, especially temporary ones, to address privacy concerns. Sam Altman mentioned this as a potential move, with temporary chats possibly being the first focus.
Classic vulnerabilities pose serious risks in AI, warns Trend Micro.
Dustin Childs, head of Trend Micro's Zero Day Initiative (ZDI) threat awareness, warns of the serious risks of classic vulnerabilities lurking in AI. ZDI began in 2005 as an independent vulnerability bounty program.
Research Frontlines
AI tools decode non-coding DNA, predict regulatory activity.
Scientists are using AI tools like Evo and regLM to decode non-coding DNA in the human genome. These tools can predict regulatory activity, identify crucial motifs, and even design new sequences with specified functions.
GEPA: New AI optimization method for LLMs surpasses reinforcement learning.
On August 18, 2025, researchers introduced GEPA, a new AI optimization method for large language models (LLMs). GEPA surpasses traditional reinforcement learning (RL) by using an LLM's language understanding to improve instructions, achieving superior results with up to 35 times fewer trial runs.
Tech Innovations
Meta launches AI voice translation for Facebook, Instagram creators.
On August 19, 2025, Meta launched an AI-powered voice translation feature for Facebook and Instagram creators globally. The tool translates content into other languages, using the creator's voice and optionally lip sync.
Adobe announces AI-powered Acrobat Studio with voice-controlled assistants.
On August 19, 2025, Adobe announced Acrobat Studio, an AI-powered PDF hub integrating Acrobat, Adobe Express, and AI assistants. It centralizes content and allows document interaction via AI, which can summarize documents, reformat content, or create presentations.
Google Translate update includes 'Practice' mode, Gemini-powered translations.
Google Translate is set to receive a major update in August 2025, introducing a 'Practice' mode for language learning, similar to Duolingo. This update also includes 'Fast' and 'Advanced' translation modes, with the latter utilizing Gemini.
Arm hires Amazon AI chip director to boost chip development efforts.
Arm hired Rami Sinno, former Amazon AI chip director responsible for Trainium and Inferentia at Annapurna Labs, to advance its chip development. This move indicates Arm's intention to develop its own semiconductor components, including chiplets and systems, rather than just selling intellectual property.
Liquid AI announces native support for AMD Ryzen AI processors.
Liquid AI announced native support for AMD’s Ryzen and Ryzen AI processors within the Liquid Edge AI Platform (LEAP). This update unlocks performance gains for developers building on-device AI solutions.
Trending AI
GPT-5 excels in medical reasoning; AI interviews boost job offers.
On 2025-08-19, studies showed GPT-5's capabilities in medical reasoning, outperforming GPT-4o and human experts. Voice AI in the Philippines led to 12% more job offers and 17% higher 30-day retention, though an MIT report noted only 5% of corporate AI pilots achieve rapid revenue acceleration.
Open-source AI models like DeepSeek cut training costs dramatically.
Open-source AI models like DeepSeek and JetMoE are changing the game in efficiency, cutting training and inference costs dramatically. DeepSeek's model was trained at a cost of $5,000,000 to $6,000,000, about one-tenth of Meta's LLaMA 3.1 model.
AI model ranking bets surge to $20M on prediction markets.
Prediction markets such as Kalshi and Polymarket are experiencing a surge in activity, with thousands of participants betting on AI model rankings. The total transaction volume of AI-related markets this month has surged to $20 million.
AI startups show rapid revenue growth, disrupt CRM, ERP, HR systems.
Bessemer Venture Partners' annual report on AI, released on August 19, 2025, highlights the rapid revenue growth of AI startups. The report reveals two classes of AI startups: "Supernovas," hitting $125M ARR in year two with 25% gross margins, and "Shooting Stars," growing sustainably with 60% margins.