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12 Dec 2024

Lumen Orbit Raises $11M to Launch Data Centers in Space for AI Processing

Lumen Orbit, a Seattle-based startup, has secured $11 million in seed funding to develop orbital data centers for AI processing. The company aims to launch its first prototype in 2025, potentially revolutionizing data center capabilities for AI companies.

2 Sources

Lightchain AI Emerges as Potential Challenger to Shiba Inu in Crypto Space

As Shiba Inu (SHIB) experiences a surge in value, a new player, Lightchain AI, enters the crypto market with innovative AI-driven features, potentially reshaping the landscape of decentralized systems.

2 Sources

Featurespace Secures US Patent for AI-Powered Fraud Detection Technology

Featurespace, a leader in AI-driven fraud prevention, has been granted a US patent for its Adaptive Behavioral Analytics technology, enhancing its ability to combat financial fraud and protect consumers in real-time.

2 Sources

Looktech AI Glasses: Revolutionizing Wearable Tech with Advanced AI Integration

Looktech unveils AI-powered smart glasses with GPT4o, Gemini, and Claude integration, offering personalized assistance, media capture, and extended battery life at an affordable price point.

3 Sources

Google Parent Alphabet's Stock Soars to Record High Amid AI Advancements and Potential Regulatory Shift

Alphabet's stock reaches an all-time high following the unveiling of Gemini 2.0 AI model and a potential shift in FTC leadership, signaling a new era for Big Tech and AI innovation.

3 Sources

Broadcom's AI Chip Business Propels Company to $1 Trillion Valuation

Broadcom's stock soars on strong AI chip demand and ambitious revenue forecasts, pushing its market cap over $1 trillion. The company's custom AI accelerators and networking solutions are gaining traction with major tech giants.

17 Sources

EzDubs Raises $4.2M for AI-Powered Real-Time Translation App

Y Combinator-backed startup EzDubs secures $4.2 million in seed funding to launch an AI-powered app that translates calls in real-time across 30 languages, preserving the speaker's voice and emotions.

2 Sources

Stigg Raises $17.5M to Revolutionize SaaS Pricing and Monetization

Stigg, a startup offering a unified monetization platform for SaaS companies, has secured $17.5 million in Series A funding to help businesses implement flexible pricing strategies, particularly in response to the growing adoption of AI in software products.

2 Sources

AmpliTech Group Advances Quantum Computing with Innovative Cryogenic Amplifiers

AmpliTech Group has successfully developed and deployed proprietary low-noise cryogenic HEMT amplifiers, crucial for quantum computing operations at extremely low temperatures. This breakthrough positions the company as a key player in the quantum computing revolution.

3 Sources

Google Prevails in UK Privacy Lawsuit Over NHS Medical Data Deal

Google successfully defends against a privacy lawsuit in the UK concerning the transfer of 1.6 million patients' medical records from the Royal Free London NHS Trust to its AI firm DeepMind Technologies.

2 Sources

Apple Enhances macOS with AI-Powered Features in Latest Updates

Apple's recent macOS updates introduce a range of AI-powered features, including improved Siri capabilities, new creative tools, and enhanced productivity features, signaling a shift towards more intelligent and personalized computing experiences.

11 Sources

Pegasystems Enhances Payment Processing with AI-Powered Solutions

Pegasystems introduces new editions of Pega Smart Investigate and Pega Smart Dispute, leveraging AI and automation to streamline payment exceptions, investigations, and disputes for banks.

2 Sources

Google's Trillium AI Chip: A Game-Changer for AI and Cloud Computing

Google unveils Trillium, its sixth-generation AI chip, offering significant performance improvements and cost efficiencies. This innovation could reshape the landscape of AI development and cloud computing.

3 Sources

Apple Introduces AI-Powered Image Playground in iOS 18.2 Update

Apple's latest iOS 18.2 update brings a new AI-powered image generation tool called Image Playground to compatible iPhones, offering users the ability to create custom illustrations and animations using text prompts and personal photos.

7 Sources

S&P Global Commodity Insights Releases 2025 Energy Outlook: AI's Impact and Geopolitical Uncertainties

S&P Global Commodity Insights' 2025 Energy Outlook highlights uncertainties in energy markets, the impact of AI on power demand, and geopolitical factors affecting the energy sector.

2 Sources

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