The day's stories
FundingSpaceX inks compute deal with Reflection AI, an open source AI labReflection AI, an open-source AI lab, has entered into a substantial compute agreement with SpaceX, committing to a remarkable $150 million monthly payment for TechCrunch AIJun 22· 59%Model ReleasePP-OCRv6 on Hugging Face: 50-Language OCR from 1.5M to 34.5M ParametersHugging Face has unveiled PP-OCRv6, a significant upgrade to its optical character recognition (OCR) model, which now supports 50 languages and features a substHugging Face BlogJun 22· 58%ResearchThe AI world is getting 'loopy'At Meta’s @Scale conference, Boris Cherny, the creator of Claude Code, highlighted the emerging concept of 'loops' in AI technology. These loops represent a parTechCrunch AIJun 22· 58%Product LaunchAmazon is testing Alexa+ in India with Hindi supportAmazon is currently testing a new version of its AI assistant, Alexa+, in India, which includes support for the Hindi language. This beta program invites users TechCrunch AIJun 22· 58%FundingAI chipmaker Groq confirms $650M raise, re-staffs after Nvidia's $20B not-acqui-hire dealAI chipmaker Groq has successfully raised $650 million in funding, a move that comes in the wake of Nvidia's recent acquisition of key personnel and intellectuaTechCrunch AIJun 22· 57%InfrastructureNvidia wants to cut data center water use, but that's not the same as fixing AI's water problemNvidia has unveiled a new warm-water cooling system designed to drastically reduce water usage in its data centers, potentially eliminating nearly all on-site wTechCrunch AIJun 22· 57%FundingGoogle DeepMind bets $75M on AI's future in Hollywood with A24 dealGoogle DeepMind has made a significant investment of $75 million in the indie film studio A24, signaling a strategic move to integrate artificial intelligence iTechCrunch AIJun 22· 55%ResearchImport AI 462: Superpersuasion; self-sustaining AI; paths to ASIRecent research highlights the remarkable ability of AI systems to excel in persuasive communication, surpassing expert humans in areas such as fundraising and Import AIJun 22· 68%