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25 Nov 2024

NVIDIA Accelerates Efforts to Certify Samsung's HBM3E Memory for AI GPUs

NVIDIA is working rapidly to certify Samsung's HBM3E memory chips for its AI GPUs, potentially diversifying its supply chain beyond current major suppliers SK hynix and Micron.

2 Sources

Fujikura: 139-Year-Old Japanese Cable Maker Becomes Stock Market Star Amid AI Boom

Fujikura Ltd., a Japanese cable manufacturer, has seen its stock surge over 400% in 2024 due to increased demand for its products in AI and data center operations. The company's success highlights the growing infrastructure needs of the AI industry.

4 Sources

Ubitium Unveils Universal RISC-V Processor: A Game-Changer in AI and Computing Integration

Ubitium, a startup led by semiconductor veterans, announces the development of a revolutionary Universal Processor that combines CPU, GPU, DSP, and FPGA functionalities into a single RISC-V chip, aiming to transform the processor market by 2026.

3 Sources

AI-Powered NFL Predictions: SportsLine's PickBot Revolutionizes Sports Betting

SportsLine's AI PickBot, using advanced machine learning, provides detailed NFL predictions and betting picks for Week 13 games, showcasing the growing influence of AI in sports analytics and betting.

16 Sources

Nvidia's AI Dominance Challenged: Competitors and Investors Eye Future Growth

As Nvidia continues to lead the AI chip market, competitors like AMD and Amazon are ramping up efforts to capture market share. Investors debate Nvidia's valuation and future growth prospects in the evolving AI landscape.

17 Sources

Billionaire Ken Griffin's Citadel Makes Major Shifts in AI Investments

Ken Griffin's Citadel hedge fund has made significant changes to its AI-related investments, selling large stakes in some tech giants while increasing positions in others, signaling potential shifts in the AI market landscape.

5 Sources

Former BP CEO Bernard Looney Joins AI Data Center Startup Prometheus Hyperscale as Chairman

Bernard Looney, former CEO of BP, has been appointed as chairman of Prometheus Hyperscale, a startup planning to build a $10 billion AI data center in Wyoming. The move highlights the growing intersection between energy and AI industries.

4 Sources

24 Nov 2024

AI Art Sparks Debate: From Harold Cohen's AARON to Ai-Da's Million-Dollar Painting

The intersection of AI and art gains prominence with Ai-Da's $1 million painting, while a Tate Modern exhibition explores the historical relationship between technology and creativity.

2 Sources

23 Nov 2024

Nvidia CEO Jensen Huang Emphasizes Global Cooperation in AI Amid Potential Trump Administration Restrictions

Nvidia CEO Jensen Huang discusses the future of AI development and global cooperation in technology, addressing concerns about potential restrictions under a new Trump administration while highlighting China's contributions to the field.

8 Sources

AI-Powered Meme Coins and Bitcoin Surge Amid Trump's Pro-Crypto Stance

The cryptocurrency market is experiencing a new wave of enthusiasm, driven by AI-powered meme coins and Bitcoin's resurgence. This surge is attributed to Donald Trump's pro-crypto policies and Elon Musk's influence, with AI playing a significant role in the creation and promotion of new digital currencies.

2 Sources

Palantir Executives Sell Millions in Stock Amid Strong AI-Driven Growth and Strategic Shifts

Multiple Palantir Technologies executives, including the CTO and CFO, have sold significant amounts of stock. The company reports strong AI-driven growth, plans to switch to Nasdaq, and faces mixed analyst reactions.

5 Sources

Claude AI Now Integrates with Google Docs for Enhanced Document Analysis

Anthropic's Claude AI introduces Google Docs integration, allowing users to analyze and summarize large documents efficiently. This new feature is available for Claude Pro and Claude for Work subscribers.

2 Sources

AI Chip Startup MatX Secures $80M in Series A Funding, Challenging NVIDIA's Dominance

MatX, founded by former Google engineers, raises $80 million in a Series A round led by Spark Capital, valuing the company at over $300 million. The startup aims to develop AI chips that outperform NVIDIA's GPUs in large language model processing.

2 Sources

US Energy Infrastructure Firms Poised for Record Gains Amid Surging AI Power Demand

U.S. energy infrastructure companies are experiencing unprecedented growth, driven by investor interest in stable returns and increasing power demand from AI technologies. The sector's fixed-fee model and strategic position in meeting future energy needs are attracting both institutional and retail investors.

2 Sources

Lightricks Unveils Open-Source AI Model for Real-Time Video Generation

Lightricks launches LTX Video (LTXV 0.9), an open-source AI model capable of generating high-quality video clips in near real-time, challenging proprietary AI systems and democratizing advanced video creation.

4 Sources

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