AI Journal 163rd Edition

• AI at a Crossroads: Latin America’s Path to Inclusive Growth

• Mistral Launches Devstral, an Open-Source AI Coding Model

• Google Launches Stitch: AI-Powered Tool for Rapid UI Design

• Zendo Launches to Make AI Data Centers Greener and Smarter

• China’s AGI Push: Wuhan Becomes Living Lab for Embodied AI

• Malaysia Distances Itself from Huawei Amid US-China AI Tensions

• AI Funding 

• AI Tools 

• AI Finance 

• Interesting posts

AI at a Crossroads: Latin America’s Path to Inclusive Growth
The 2025 Human Development Report warns of deepening global inequality, with Latin America facing a “triple development squeeze.” Yet, AI offers hope. With targeted investment in digital access, education, and inclusive governance, the region can harness AI to empower people—not replace them—turning today’s challenges into a model for equitable, tech-driven development.
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Mistral Launches Devstral, an Open-Source AI Coding Model
Mistral has unveiled Devstral, a powerful new coding-focused AI model released under Apache 2.0. Developed with All Hands AI, Devstral outperforms other open models on coding benchmarks and runs locally on consumer-grade hardware. Available via Hugging Face and API, it's designed for tool-assisted coding and commercial use — a shift from Mistral’s earlier model, Codestral.
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Google Launches Stitch: AI-Powered Tool for Rapid UI Design
Google introduced Stitch, an AI-driven tool that generates web and mobile app front ends from simple prompts or images, providing HTML and CSS code. Powered by Gemini 2.5 models, Stitch supports Figma export, code refinement, and design tweaks. It aims to simplify early-stage UI design, with upcoming features for easy on-screen editing.
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Zendo Launches to Make AI Data Centers Greener and Smarter
After a year in stealth, Zendo debuts with a platform to help data centers cut emissions and handle rising AI power demands. Co-founded by Drew Barrett and backed by top VCs, Zendo aligns AI infrastructure with climate goals by adapting to shifting energy markets and optimizing for renewable usage.
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China’s AGI Push: Wuhan Becomes Living Lab for Embodied AI
China is challenging U.S. dominance in AI with DeepSeek and embodied AI experiments in Wuhan. Backed by state institutes and tech giants like Huawei, AI systems infused with party-aligned values are being tested in real-world environments to evolve toward AGI—raising strategic questions about the emerging global competition in AI-driven technosocieties.
Full report Link:

Malaysia Distances Itself from Huawei Amid US-China AI Tensions
Malaysia has withdrawn from an AI project involving Huawei after the Chinese firm denied exporting its Ascend chips to the country. The move reflects growing geopolitical pressure, with U.S. export restrictions and China’s countermeasures spotlighting Malaysia’s delicate position in the escalating tech rivalry between Washington and Beijing.
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AI in Finance

• Go Fintech, led by Sadaf Roksana, is expanding into Australia, investing in AI-driven fintech startups to boost financial inclusion. Link

• How Financial Services can tackle AI Powered Fraud. Link  

Useful Tools

• OpusClip effortlessly transforms long videos into short, engaging social media clips, handling highlights, resizing, and editing with ease.

• Looking to streamline your meetings? Nyota is an AI assistant that automates notes, tasks, and planning to boost productivity.

• Need custom workflows without coding? n8n is a self-hostable tool that connects apps and automates tasks with minimal programming.

• Struggling with writer’s block? Sudowrite helps generate ideas, create vivid descriptions, and expand outlines for richer, smoother storytelling.

• Wordtune improves clarity and tone by rephrasing sentences, switching between formal and casual styles, and offering advanced AI proofreading.

Interesting Posts

• Amazon is testing AI-powered audio summaries on select product pages, offering conversational highlights on features and reviews via “shopping expert” voices—streamlining product research for multitasking shoppers using large language models. Link

• Silicon Valley’s AI talent war heats up as firms like OpenAI and Google DeepMind offer up to $20M in bonuses and equity to retain top researchers amid rising post-ChatGPT demand. Link

• The DOJ is investigating whether Google’s deal with Character.AI skirted merger review rules, amid broader antitrust scrutiny over similar AI deals and Google's dominance in search and advertising. Link

• Oregon State University developed a chip that halves AI energy use by reducing errors in high-speed data transmission, crucial as global data center power demands are set to double by 2026. Link

• Klarna's AI avatar CEO presented earnings, highlighting AI’s role in boosting efficiency and profitability. CEO Siemiatkowski joked about AI leadership, but research suggests AI could outperform human CEOs in strategic decisions. Link

• A judge ruled Google and Character.AI must face a lawsuit linking their chatbot to a teen’s tragic suicide. Link

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