European Investment Bank granted Allegro one billion zlotys for the development of its own AI models and logistics systems. This is a record investment in Polish R&D, which
TwelveLabs has launched Rodeo, an AI assistant designed to automate video analysis and editing by using its Marengo and Pegasus models. In parallel, Core42 is significantly expanding its AI cluster in Buffalo, increasing its power capacity to 60 MW, a move framed within a broader geopolitical technological race. Separately, the European Investment Bank has provided Allegro with one billion Polish złoty to advance its AI models and logistics systems, marking a substantial investment in Polish R&D to compete with global e-commerce giants. AI
IMPACT These developments highlight advancements in AI for video analysis, infrastructure scaling for AI computation, and substantial investment in AI model development for e-commerce competition.