Homechevron_rightArchives

Archives

Explore Stories by Date

28 Nov 2024

Korea Launches AI Safety Institute to Address Risks and Foster Global Collaboration

Korea has officially launched its AI Safety Institute to address risks associated with artificial intelligence, promote safe AI development, and participate in global collaborations for AI safety.

3 Sources

27 Nov 2024

Mavenir's Network Intelligence as a Service (NIaaS) Wins AI Award at 2024 Global Telecoms Awards

Mavenir's NIaaS, leveraging AI/ML for telco operations, wins the Advancing Artificial Intelligence award at the 2024 Global Telecoms Awards, showcasing its role in enabling autonomous 5G networks and improving operational efficiency.

2 Sources

Global Smartphone Market Rebounds, But AI-Driven 'Supercycle' Fails to Materialize

The global smartphone market shows signs of recovery in 2024, with a 6.2% growth in shipments. However, the anticipated AI-driven 'supercycle' has not yet materialized, with growth primarily driven by low-end Android devices in emerging markets.

5 Sources

Pony AI's Nasdaq Debut: A Mixed Start for the Autonomous Driving Startup

Pony AI, a Chinese autonomous driving technology company, raised $413.4 million in its initial public offering on Nasdaq, but saw its shares close below the initial listing price on the first day of trading.

11 Sources

VCI Global Secures $24 Million AI Contract for Malaysian Data Center Project

VCI Global's subsidiary V-Gallant receives a $24 million contract to supply AI hardware and software for a data center project in Malaysia, including 640 NVIDIA H200 Tensor Core GPUs.

4 Sources

OpenText Expands India Presence with New AI-Focused Center of Excellence in Bangalore

OpenText, a leader in information management, has significantly expanded its presence in India with a new 70,000 sq ft Center of Excellence in Bangalore, focusing on AI and digital transformation as part of its OpenText 3.0 strategy.

2 Sources

SK Hynix Boosts Dividend Payout Amid AI Chip Market Success

SK Hynix announces a 25% increase in dividend payouts by 2027, reflecting its growth in the AI chip market. The company plans to raise annual dividends to 1,500 won per share, totaling approximately 1 trillion won annually.

3 Sources

Ai2 Releases OLMo 2: A Fully Open-Source AI Language Model Rivaling Meta's Llama

The Allen Institute for AI (Ai2) has unveiled OLMo 2, a family of open-source language models that compete with leading AI models while adhering to open-source principles, potentially reshaping the landscape of accessible AI technology.

3 Sources

Streambox Media Launches AI-Powered TV Service 'Dor' to Revolutionize Content Aggregation

Streambox Media unveils Dor, an AI-driven subscription-based TV service that aggregates content from multiple OTT platforms and TV channels, aiming to reshape the Indian connected TV ecosystem.

2 Sources

Elon Musk's xAI Valuation Soars, Benefiting Twitter Takeover Investors

Elon Musk's AI company xAI is set to double its valuation to $50 billion, providing a windfall for investors who backed his Twitter acquisition. This development showcases the interconnected nature of Musk's business empire and the potential payoff for his loyal supporters.

6 Sources

Tech Mahindra and AWS Partner to Revolutionize Telecom Networks with Generative AI

Tech Mahindra and Amazon Web Services (AWS) have signed a multi-year Strategic Collaboration Agreement to develop an AI-powered Autonomous Networks Operations Platform, aiming to transform telecom network operations and enhance efficiency for Communication Service Providers.

4 Sources

Realme GT 7 Pro: Pushing Boundaries with AI-Powered Features and Elite Performance

Realme unveils the GT 7 Pro, featuring India's first Snapdragon 8 Elite chipset, AI-powered photography modes, and impressive performance benchmarks, setting new standards in the smartphone industry.

2 Sources

SoftBank Deepens Investment in OpenAI with $1.5 Billion Employee Share Buyout

SoftBank Group is set to acquire up to $1.5 billion worth of OpenAI shares from employees in a tender offer, strengthening its stake in the AI leader and providing liquidity to current and former staff.

10 Sources

Claude AI Introduces Custom Writing Styles: Personalizing AI-Generated Content

Anthropic's Claude AI chatbot now offers customizable writing styles, allowing users to tailor AI-generated content to their preferences. This feature aims to make AI interactions more natural and personalized.

11 Sources

NTT DATA to Acquire Niveus Solutions, Boosting AI and Google Cloud Capabilities

NTT DATA announces plans to acquire Niveus Solutions, a Google Cloud Platform specialist, to enhance its AI and cloud capabilities across key industries.

3 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

The Outpost

News

About