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17 Dec 2024
The Nasdaq Composite reached a new record high, driven by AI-related stocks, while investors await the Federal Reserve's upcoming meeting and potential rate cut decision.
2 Sources
Sunil Gupta, CEO of Yotta Data Services, receives the 'AI Leader of the Year' award at the 15th Digital Transformation Conclave in Guwahati, recognizing his contributions to AI advancement and digital transformation in India.
Midjourney introduces a new Moodboard feature and multiple personalization profiles, allowing users to create custom AI image models tailored to their unique aesthetics, streamlining the creative process for individuals and teams.
3 Sources
Micron Technology experiences significant growth in data center revenue due to AI demand, but faces challenges in consumer markets. The company's stock performance and future prospects are analyzed in the context of the AI and semiconductor industry.
10 Sources
UiPath, a leading enterprise automation and AI software company, has been positioned as the highest-designated leader in the Everest Group Intelligent Automation Platforms PEAK Matrix Assessment 2024, showcasing its innovative AI-driven automation solutions.
Google has released an experimental version of Gemini 2.0 Advanced, offering improved performance in math, coding, and reasoning. The new model is available to Gemini Advanced subscribers and represents a significant step in AI development.
11 Sources
Dynatrace has been named a Leader in both Cloud-Native Observability and Security quadrants in the 2024 ISG Provider Lens Multi Public Cloud Solutions report, highlighting its AI-driven innovations in cloud monitoring and security.
Super Micro Computer, a key player in AI server technology, grapples with stock volatility, potential Nasdaq 100 removal, and financial reporting issues while seeking capital to sustain growth.
Slack is set to deeply integrate Salesforce's Agentforce AI agents, leveraging contextual intelligence to revolutionize workplace productivity and collaboration.
Stanford University's Future of Digital Currency Initiative and Eliza Labs announce a research partnership to investigate how AI agents can transform Web3 and decentralized financial systems, starting in 2025.
Aehr Test Systems receives a significant $10 million order for AI semiconductor testing equipment, marking its entry into the AI chip market and potentially diversifying its revenue streams beyond the automotive sector.
4 Sources
Stand, a new insurance startup, emerges with an AI-powered approach to insure high-risk properties affected by climate change, starting with wildfire-prone homes in California.
Ilya Sutskever, co-founder of OpenAI, warns that AI development is facing a data shortage, likening it to 'peak data'. This crisis could reshape the AI industry's future, forcing companies to seek alternative solutions.
Red Cat Holdings, a drone technology company, reports Q2 earnings and announces a strategic partnership with Palantir Technologies to integrate AI and visual navigation software into its Black Widow drones for military use.
AI Unlimited Group's Lever App uses artificial intelligence to help student loan borrowers navigate complex repayment systems and overcome challenges posed by loan servicers, as highlighted in a recent CFPB report.
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