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31 Oct 2024

ATPC Cyber Forum to Address Next-Gen Cybersecurity and AI in Financial Services

The American Transaction Processors Coalition (ATPC) is organizing a major cybersecurity forum in Atlanta, focusing on emerging technologies, AI's role, and supply chain security in the financial services sector.

2 Sources

Apple Intelligence Features Now Available on Windows Apps via Parallels Desktop

Apple's AI-powered Writing Tools can now be used in Windows applications through Parallels Desktop, bridging the gap between macOS and Windows for users of Apple Silicon Macs.

3 Sources

Microsoft Forecasts $1.5 Billion Loss from OpenAI Investment Amid AI Revenue Growth

Microsoft discloses significant financial impact from its OpenAI investment, expecting a $1.5 billion loss in the coming quarter. Despite this, the company reports strong AI-driven revenue growth and reaffirms its commitment to the partnership.

3 Sources

Meta AI Reaches 500 Million Users, Signaling Rapid Growth in AI Adoption

Meta's AI assistant surpasses 500 million users within a year of launch, showcasing the company's strong position in consumer AI and its impact on user engagement across its platforms.

3 Sources

Meta's Open-Source AI Strategy: Llama 4 Development and Industry Impact

Meta's CEO Mark Zuckerberg reveals the company's strategy behind open-sourcing Llama AI models, highlighting cost savings and industry-wide benefits. The development of Llama 4 and its implications for Meta's future in AI are discussed.

2 Sources

Taiwan's Crucial Role in the $1.3 Trillion AI Future

Taiwan emerges as a key player in the global AI industry, attracting major tech companies and startups due to its unparalleled combination of talent, cost-effectiveness, and speed in manufacturing AI-related hardware.

3 Sources

Gen Digital Forecasts Strong Q3 Revenue as GenAI Adoption Drives Cybersecurity Demand

Gen Digital predicts higher-than-expected Q3 revenue, driven by increased demand for cybersecurity products as businesses adopt generative AI technologies. The company's consolidated cybersecurity platforms are seeing robust growth amid rising digital threats.

2 Sources

Tech Giants Embrace AI in Q3 2024 Earnings: Qualcomm, Arm, Lumen, and Twilio Lead the Charge

Major tech companies report strong AI-driven growth and innovation in their Q3 2024 earnings calls, highlighting the increasing importance of AI across various sectors.

21 Sources

OpenAI Slashes Realtime API Costs and Expands Voice Capabilities

OpenAI announces significant cost reductions for its Realtime API and introduces new voice options, potentially revolutionizing AI-powered voice assistants and chatbots.

2 Sources

Samsung's Semiconductor Profits Plummet Amid Struggles in AI Chip Market

Samsung Electronics reports a significant 40% quarter-over-quarter decline in semiconductor profits, highlighting its challenges in capitalizing on the AI chip boom and competing with rivals like SK Hynix.

18 Sources

Xiao-I Corporation Faces Class Action Lawsuit Over Alleged Securities Fraud

Multiple law firms have filed class action lawsuits against Xiao-I Corporation, alleging securities fraud and misleading statements about the company's AI capabilities and financial health.

7 Sources

Veritone Announces Third Quarter 2024 Financial Results Conference Call

Veritone, a leader in human-centered AI solutions, has scheduled its Q3 2024 financial results conference call for November 12th, highlighting the company's commitment to transparency and investor relations.

2 Sources

Lemonade Announces Q3 2024 Results and Appoints New Board Member with AI Expertise

Lemonade, an AI-powered insurance company, releases its Q3 2024 financial results and appoints Maria Angelidou-Smith, an experienced product and technology leader, to its Board of Directors.

2 Sources

Google Play Store May Introduce AI-Powered "Ask a Question" Feature for App Discovery

Google is reportedly developing an AI-powered feature for the Play Store that will allow users to ask questions about apps, potentially revolutionizing app discovery and information retrieval.

4 Sources

AWS CEO Matt Garman Emphasizes Continuity and AI Integration Amid Return-to-Office Push

Matt Garman, the new CEO of Amazon Web Services (AWS), discusses his leadership approach, the company's stance on AI, and the controversial return-to-office mandate, while highlighting AWS's strong market position and future strategies.

2 Sources

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