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11 Oct 2024

Former UBS CEO Ralph Hamers Joins AI Wealth Management Startup Arta Finance

Ralph Hamers, ex-CEO of UBS, has taken on an advisory role and invested in Arta Finance, an AI-driven wealth management startup founded by former Google executives. The move marks Hamers' first significant position since leaving UBS in 2023.

3 Sources

Opera Introduces AI-Powered Tab Management Feature in Browser

Opera has launched a new AI-powered feature called Tab Commands, allowing users to manage their browser tabs using natural language prompts, enhancing user experience and productivity.

3 Sources

Microsoft Azure Leads Cloud Innovation with NVIDIA's Blackwell GB200 AI Servers

Microsoft Azure becomes the first cloud platform to integrate NVIDIA's cutting-edge Blackwell GB200 AI servers, showcasing a significant leap in cloud computing and AI capabilities.

3 Sources

RingCentral Secures PAN-India License for AI-Powered UCaaS and CCaaS Solutions

RingCentral obtains a PAN-India license to offer fully compliant Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) solutions across India, featuring AI-powered capabilities for enhanced business communications and customer experiences.

2 Sources

Nigerian Producer Embraces AI to Create Innovative Afrobeats Album

Eclipse Nkasi, a Nigerian music producer, initially feared AI's impact on his career but later leveraged the technology to create a groundbreaking Afrobeats album, showcasing the potential synergy between human creativity and artificial intelligence in the music industry.

2 Sources

AI Models Struggle with Abstract Visual Reasoning, Falling Short of Human Capabilities

A study by USC researchers reveals that AI models, particularly open-source ones, struggle with abstract visual reasoning tasks similar to human IQ tests. While closed-source models like GPT-4V perform better, they still fall short of human cognitive abilities.

4 Sources

Google Pixel 9 Series: AI-Powered Innovations and Design Refinements

Google's latest Pixel 9 series introduces AI-driven features, design improvements, and performance upgrades across multiple models, showcasing the company's commitment to innovation in the smartphone market.

4 Sources

10 Oct 2024

OpenAI's Financial Forecast: Projected Profitability by 2029 Amid Massive Growth and Investment

OpenAI, the AI powerhouse behind ChatGPT, projects profitability by 2029 despite anticipated losses. The company's recent $6.6 billion funding round and skyrocketing valuation underscore investor confidence in its long-term potential.

2 Sources

OpenAI's Realtime API: A Game-Changer for Smart Speakers and Voice Assistants

OpenAI introduces Realtime API, potentially revolutionizing smart speaker technology with advanced voice features, real-time interactions, and more natural conversations.

2 Sources

Bellatora Inc. Rebrands as Kinetic Seas, Signaling Shift to AI-Focused Business Strategy

Bellatora Inc. has officially changed its name to Kinetic Seas Incorporated, along with a new ticker symbol KSEZ. This rebranding reflects the company's strategic pivot towards providing AI solutions for businesses.

2 Sources

Zoom's AI-Driven Evolution: Analysts Weigh In on Growth Potential and Market Position

Zoom Video Communications showcases AI innovations at Zoomtopia 2024, prompting mixed analyst reactions. While some firms raise price targets, others maintain cautious stances amid competitive market conditions.

6 Sources

Canada's Wealthiest Family Expands AI Investments Through Thomvest Ventures

Thomvest Ventures, the VC firm of billionaire Peter Thomson, leads a $32.1 million investment round in Relyance AI, signaling a deeper commitment to artificial intelligence ventures amid growing global adoption of AI technologies.

2 Sources

Riyadh Air Partners with Sabre for AI-Powered Airline Retailing Revolution

Riyadh Air, Saudi Arabia's newest airline, collaborates with Sabre to implement AI-driven offer optimization technology, aiming to become the world's first fully offer- and order-based airline upon its 2025 launch.

2 Sources

Vivo Unveils OriginOS 5: Android 15-Based OS with Advanced AI Features

Vivo introduces OriginOS 5, an Android 15-based operating system for smartphones in China, featuring enhanced AI capabilities, customization options, and accessibility tools.

2 Sources

Zoom's AI Strategy Shift: New Features and Monetization Plans Boost Stock Performance

Zoom Video Communications unveils AI Companion 2.0 and plans for custom AI avatars, signaling a strategic pivot towards AI-driven workplace productivity solutions. The company's stock sees a 23% surge in two months as it introduces its first AI monetization model.

3 Sources

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