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What’s New Today: OpenAI has signed a deal with AMD to deploy hundreds of GPUs to build its AI infrastructure.
Fast-Track Insights: Datamonk, an Amsterdam-based healthtech startup, has raised €1.6 million in pre-seed funding to revolutionize the traditional data handling process in hospitals.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the top tech stories, from OpenAI-AMD deals, to Grayscale IPO hurdles.
OpenAI entered a multi-year agreement with AMD to place billions of dollars worth of AMD GPUs for the next-generation AI infrastructure, with one gigawatt of Instinct MI450 chips deployment starting in 2026. AMD is to grant OpenAI a warrant to purchase 160 million shares, subject to performance milestones. This agreement thus complements OpenAI's existing relationships (e.g., with Nvidia) as pressure from AI demand grows.
Healthtech startup Datamonk based in Amsterdam has raised €1.6 million in a pre-seed funding round led by Healthy.Capital and Nina Capital to automate medical imaging system migrations through AI. Its platform with intelligent agents scans, cleans, validates, and standardizes huge archives of scans so that hospitals can migrate the data up to 10 times faster. The founders envision Datamonk as the underlying data layer of the cleaner and interoperable healthcare systems.
NTPC 2025 recruitment, which will also include jobs such as Station Master, Commercial Apprentice, Goods Guard, Senior Clerk, Junior Clerk, Traffic Assistant, and Accountant. Candidates must hold a degree from a recognized university and should be within the prescribed age limit (18-33 years, with relaxation in age as per reservation category). The selection process will constitute two stages of CBT, followed by document verification and medical testing.
In a matter of days, Sora 2 rose to the highest-ranking position on the Apple App Store on account of its ability to produce short-video content from text prompts. Initially, the algorithm featured copyrighted characters until rights holders opted out, a situation that was frowned upon by studios and creators. With backlash mounting against the company, OpenAI reneged on its decision and instead forced an opt-in system on artists with a promise of revenue sharing.
The much-awaited Grayscale's IPO of $33 billion is engulfed with legal hurdles so far caused by the collapse of Genesis Global Capital. Lawsuits filed by the Genesis Litigation Oversight Committee laid allegations upon Digital Currency Group (DCG) and insiders of misuse of funds, of deliberate manipulation of disclosure, and wrongful transfer of assets during the insolvency proceedings. These allegations, together with the harsher regulatory scrutiny, constitute a risk on investor confidence and would weigh down on underwriting and listing approvals.
