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12 Nov 2024

Terry Smith's Skepticism on Nvidia: Questioning AI's Financial Future

Terry Smith, a prominent UK investor, expresses doubts about Nvidia's stock value and the future profitability of AI, despite the company's market dominance and Wall Street's optimism.

2 Sources

OpenAI's ChatGPT-5 (Orion) Faces Performance Challenges, Raising Questions About AI Progress

OpenAI's next-generation AI model, ChatGPT-5 (codenamed Orion), is encountering significant hurdles in surpassing its predecessor, GPT-4. This development raises questions about the future of AI scaling and progress in the field.

11 Sources

SoftBank Returns to Profit, Fueled by Tech Investments and AI Ambitions

SoftBank Group reports a significant quarterly profit, driven by successful tech investments and IPOs. The company signals readiness for larger AI-focused investments, highlighting its strong financial position and bullish stance on artificial intelligence.

5 Sources

US Military Tests AI-Powered "Bullfrog" Machine Gun to Combat Drone Threats

The US Department of Defense has tested an AI-enabled autonomous robotic gun system called "Bullfrog," designed to target and shoot down small drones. Developed by Allen Control Systems, this system represents a potential shift in military technology and raises questions about autonomous weapons.

4 Sources

Comviva and AWS Collaborate to Offer AI-Driven SaaS Solutions for Telecom Industry

Comviva partners with AWS to develop cloud-first, AI-driven SaaS products for Communication Service Providers, aiming to accelerate digital transformation and drive non-linear revenue growth.

2 Sources

11 Nov 2024

Google DeepMind Open-Sources AlphaFold 3: A Game-Changer for Drug Discovery and Molecular Biology

Google DeepMind has released the source code and model weights of AlphaFold 3, a powerful AI model for predicting protein structures and interactions, potentially revolutionizing drug discovery and molecular biology research.

5 Sources

Microsoft and Vatican Unveil AI-Powered Digital Twin of St. Peter's Basilica

Microsoft collaborates with the Vatican to create a highly detailed digital replica of St. Peter's Basilica using AI and advanced imaging techniques, aiming to enhance visitor experience and aid in conservation efforts.

16 Sources

L&T Technology Services Acquires Intelliswift for $110 Million to Boost AI and Digital Engineering Capabilities

L&T Technology Services (LTTS) has announced the acquisition of Silicon Valley-based Intelliswift for $110 million, aiming to enhance its AI and software capabilities in digital engineering for global clients.

4 Sources

Alicia Boler Davis Transitions from Amazon to Lead Digital Pharmacy Alto, Introducing AI-Powered Platform

Alicia Boler Davis, former Amazon executive, takes the helm at digital pharmacy Alto, launching an AI-driven enterprise platform to revolutionize medication delivery and pharmacy services.

2 Sources

iOS 18.2 Beta Introduces Advanced AI Features and Upgrades to iPhone

Apple's upcoming iOS 18.2 update brings significant AI enhancements and new features to iPhones, including improved Find My capabilities, AI-generated emojis, and image creation tools.

11 Sources

GE HealthCare and DeepHealth Collaborate to Advance AI-Powered Breast Cancer Screening

GE HealthCare and DeepHealth, a RadNet subsidiary, join forces to develop AI-driven solutions for breast cancer screening, aiming to improve early detection and streamline workflows.

2 Sources

AI's Meteoric Rise Showing Signs of Slowing: Industry Insiders Report Diminishing Returns

Recent reports suggest that the rapid advancements in AI, particularly in large language models, may be hitting a plateau. Industry insiders and experts are noting diminishing returns despite massive investments in computing power and data.

14 Sources

Nvidia's AI Dominance Fuels Optimistic Analyst Projections and Stock Surge

Analysts from Piper Sandler and Redburn Atlantic express bullish outlooks on Nvidia, citing its strong position in the AI market and potential for significant growth through 2025 and beyond.

4 Sources

China's Chip Industry Surges as TSMC Halts Advanced Chip Shipments

China's semiconductor index reaches a three-year high following U.S. restrictions on TSMC's advanced chip shipments to Chinese clients, potentially accelerating China's push for semiconductor self-reliance.

2 Sources

X Tests Free Version of Grok AI Chatbot with Limited Access

X, formerly Twitter, is testing a free version of its Grok AI chatbot in select regions, potentially expanding access beyond premium subscribers. The move comes with usage limitations and could significantly increase Grok's user base.

9 Sources

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