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24 Dec 2024
Alteration Earth PLC completes a reverse takeover of Pri0r1ty AI Ltd, raising Β£855,000 and moving its listing to AIM. The newly formed Pri0r1ty Intelligence Group PLC will have an initial market cap of Β£13 million, offering AI-driven SaaS solutions for SMEs.
3 Sources
Wilder World, a highly anticipated metaverse game, has released its gameplay trailer, showcasing advanced AI and blockchain technology in a vast virtual world. The game promises immersive experiences and a player-driven economy, set to launch in early 2025.
23 Dec 2024
Apple is on the verge of becoming the first company to reach a $4 trillion market valuation, driven by investor enthusiasm for its AI initiatives and expectations of strong iPhone sales.
16 Sources
Botto, an AI-powered artist, has sold over $5 million worth of digital artworks since 2021, sparking debates about the future of AI in art creation and the nature of artistic authorship.
Actor Idris Elba collaborates with ServiceNow in a new marketing campaign, highlighting the company's AI-powered solutions while also engaging in philanthropic efforts.
2 Sources
Coralogix, a data observability company, has acquired Aporia, an AI observability platform, to enhance its AI monitoring capabilities and establish a new AI research center.
Amazon and Universal Music Group (UMG) have announced an expanded partnership aimed at addressing unlawful AI-generated content, protecting artists from fraud and misattribution, and fostering innovation in the music industry.
4 Sources
TeraWulf Inc. signs long-term data center lease agreements with Core42, a G42 company, to provide over 70 MW of infrastructure for AI computing at its Lake Mariner facility. This strategic move expands TeraWulf's operations into AI-driven high-performance computing while maintaining its Bitcoin mining activities.
The rise of AI tools is exacerbating the problem of fake online reviews, posing new challenges for businesses and consumers alike. Tech companies and watchdogs are working to detect and mitigate this emerging threat.
8 Sources
Cerence Inc., a leader in AI for transportation, has announced the repurchase of $27 million of its 3% Convertible Senior Notes due 2025, demonstrating financial strength and commitment to shareholder value.
MediaTek's new Dimensity 8400 chip brings significant improvements in AI capabilities, gaming performance, and energy efficiency to premium smartphones, featuring an innovative All Big Core CPU design.
9 Sources
OpenAI surprises ChatGPT Plus subscribers with unlimited access to its AI video generator Sora during the holiday season, showcasing the company's latest advancements in AI technology.
Elon Musk's xAI is testing a standalone iOS app for its AI chatbot Grok, marking a significant expansion beyond X (formerly Twitter). The app offers real-time data access, image generation, and various AI features, with a web version also in development.
5 Sources
India's AI ecosystem is flourishing in application development but faces challenges in compute infrastructure. Venture capitalists are bullish on AI startups, particularly those targeting global markets, despite a funding dip in 2024.
X, the social media platform formerly known as Twitter, has announced significant price increases for its Premium Plus subscription tier across multiple markets, including the US and India. The company justifies the hike with new features and an ad-free experience.
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