China has introduced a groundbreaking “brain-inspired” AI model that claims to operate up to 100 times faster than conventional systems, all without relying on Nvidia chips. This development comes as the tech world faces rising competition for advanced AI hardware. The model, called SpikingBrain, is designed to simulate how the human brain processes data, enabling sharp improvements in speed and efficiency. By bypassing Nvidia’s widely-used GPUs, the move signals a push for domestic innovation and a shift in global AI dynamics.

Albania’s Prime Minister, Edi Rama, has introduced Diella, an Artificial Intelligence-generated virtual minister, to combat corruption and streamline government operations. Diella, presented wearing traditional Albanian attire, serves as the State Minister for Artificial Intelligence. First launched as a digital assistant on Albania’s public service platform, she has already facilitated over one million digital document transactions. Rama claims Diella will ensure corruption-free public tenders and improve transparency. Diella’s role highlights Albania’s broader ambitions, including its bid for European Union membership by 2027. However, legal experts and opposition leaders question her constitutional legitimacy, with critics dismissing the move as mere theatrics.

Artificial intelligence startup Perplexity has raised $200 million in new funding, reaching a $20 billion valuation. The company, known for its AI bot that generates clear, bulleted responses to user queries, is emerging as a competitor to Google Search. Perplexity’s valuation has skyrocketed from $500 million at the start of last year to $14 billion in May. The startup recently launched an AI browser called Comet and reportedly offered $34.5 billion to buy Google Chrome. Existing backers include Nvidia, NEA, Accel, SoftBank, and Jeff Bezos.

Microsoft is moving away from exclusive reliance on OpenAI by integrating Anthropic’s Claude Sonnet 4 AI into Office 365 applications like Word, Excel, PowerPoint, and Outlook. This decision reflects growing tension between Microsoft and OpenAI, as both companies pursue independent initiatives. Microsoft’s leaders reportedly believe Anthropic’s models excel in specific capabilities, such as designing visually appealing presentations, and see value in diversifying their AI portfolio. Additionally, Microsoft is advancing its own in-house AI systems while negotiating new terms with OpenAI, whose restructuring plans remain in progress. On the other side, OpenAI is reducing dependence on Microsoft’s infrastructure by developing its own AI chips. This evolving competition marks a shakeup in the AI market.

French AI firm Mistral has solidified its position as Europe’s leading AI contender with a staggering €17 billion investment round. The funding, led by Dutch chip manufacturer ASML, granted the sponsor an 11% stake and a seat on Mistral’s strategic committee. The company’s valuation doubled to €117 billion, showcasing rapid growth yet highlighting the gap compared to U.S. rival Anthropic’s €183 billion mark. Mistral stands apart through its commitment to open-source AI models, allowing developers worldwide to adapt and improve them. Strategic collaborations, including NVIDIA and MGX, reflect Mistral’s ambitions for global AI influence. By partnering with ASML, Mistral aims to advance innovation across both AI models and semiconductor technology