Genesis AI

Nvidia has bought minority stakes in two French technology companies: Doctolib, a major European medical appointment booking and health software firm, and Genesis AI, a French artificial intelligence startup. The investments were reported by Reuters. The move fits Nvidia's broader strategy of backing companies that build on its chips and AI technology, and highlights growing interest in France's AI sector.

Nvidia has invested in four startups, including French medical booking platform Doctolib and robotics firm Genesis AI, according to the report. The move signals Nvidia's continued push beyond chips into backing companies across healthcare and artificial intelligence. Details on the size of the investments and the two other startups involved have not yet been disclosed.

SWI Group has raised €800 million to repurpose Genesis Digital Assets, a bitcoin mining company once backed by FTX, into AI data centre infrastructure. The move reflects a broader trend of crypto mining firms pivoting to high-performance computing as demand for AI capacity surges and mining margins tighten.

A Carnegie Mellon University physicist has joined the Genesis effort, an initiative aiming to use artificial intelligence to deepen understanding of the universe. The university announced the involvement, positioning its faculty within a growing wave of collaborations between physicists and AI researchers. Details of the physicist's role and the project's specific goals were not provided in the announcement.

The US Department of Energy is funding a new project that uses artificial intelligence to speed up the discovery of catalysts, as part of its broader Genesis Mission initiative. The project, involving Caltech researchers, aims to apply AI tools to materials and chemistry research. Details on funding amounts and timelines have not yet been announced.