Bloomberg:
G42 CEO Peng Xiao says AI chip shipments from Nvidia, AMD, and Cerebras are set to arrive in the UAE within the next few months, as the UAE builds a 200MW hub  —  G42, the United Arab Emirates' leading artificial intelligence company, expects the first shipments of some of the world's …

The Information:
Sources: Applied Compute, which lets companies customize models with their own data, is in talks to raise funding at a $1.3B valuation, up from $500M in October  —  Applied Compute, a startup founded by three former OpenAI researchers that helps companies customize models with their own data …

Foo Yun Chee / Reuters:
The EC introduces draft revisions to the EU's Cybersecurity Act to phase out equipment from high-risk suppliers in critical sectors, a move criticized by Huawei  —  The EU plans to phase out components and equipment from high-risk suppliers in critical sectors, according to a draft proposal released …

Lucas Ropek / TechCrunch:
X says it has open sourced its “core recommendation system” on GitHub and that the system “ranks everything using a Grok-based transformer model”  —  In 2023, the website then known as Twitter partially open sourced its algorithm for the first time.

Edward Ludlow / Bloomberg:
Drone delivery startup Zipline raised $600M+, boosting its valuation to $7.6B, and says it has now completed 2M+ commercial deliveries of 20M different items  —  Zipline, a drone delivery and logistics startup, has raised more than $600 million in new funding, boosting its valuation to $7.6 billion …