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07 Dec 2024

CFTC Issues Advisory on AI Use in Derivatives Markets, Plans Ongoing Monitoring

The Commodity Futures Trading Commission (CFTC) has issued an advisory on the use of artificial intelligence in derivatives markets, reminding regulated entities of their obligations and announcing plans to monitor AI implementation.

2 Sources

Meta Unveils Llama 3.3: A Powerful and Cost-Efficient AI Model

Meta has released Llama 3.3, a 70 billion parameter AI model that offers performance comparable to larger models at a fraction of the cost, marking a significant advancement in open-source AI technology.

11 Sources

Cohere and CoreWeave to Build Multibillion-Dollar AI Data Center in Canada with Government Support

Cohere Inc., an AI startup backed by Nvidia, partners with CoreWeave to construct a massive data center in Canada. The project receives significant financial support from the Canadian government as part of its AI strategy.

2 Sources

LA Times Owner to Implement AI-Powered 'Bias Meter' Amid Controversy

Patrick Soon-Shiong, owner of the Los Angeles Times, announces plans to introduce an AI-powered 'bias meter' for articles, sparking controversy and staff resignations amid concerns over editorial independence and political neutrality.

3 Sources

AI-Powered SportsLine PickBot Releases NFL Week 15 Predictions

SportsLine's self-learning AI PickBot has released its predictions for Week 15 NFL games, including spread, over-under, and money-line picks. The AI model has shown impressive accuracy, hitting over 2,000 top-rated picks since last season.

12 Sources

Google Photos Introduces '2024 Recap' Feature with AI-Generated Insights and Captions

Google Photos launches a new '2024 Recap' feature, offering users a personalized year-end review with AI-powered insights and captions, similar to Spotify Wrapped.

7 Sources

C3.ai Prepares for Q2 Earnings Release Amid Analyst Scrutiny and Industry Comparisons

C3.ai is set to report its fiscal Q2 2025 earnings, with analysts expecting a loss per share. The report comes amid mixed analyst ratings and comparisons with industry peers, highlighting the company's position in the competitive AI market.

2 Sources

HubSpot to Acquire Frame AI: Enhancing CRM with AI-Powered Conversation Intelligence

HubSpot announces acquisition of Frame AI to integrate advanced conversation intelligence into its CRM platform, aiming to transform unstructured data into actionable insights for businesses.

3 Sources

Dell Technologies Unveils AI-Driven Vision for 2025: Agentic AI, Enterprise Scaling, and Sovereign Initiatives

Dell Technologies outlines its predictions for AI advancements by 2025, focusing on agentic AI, enterprise AI scaling, and sovereign AI initiatives, with insights on how these developments will reshape technology landscapes and business strategies.

3 Sources

Wipro, SIAM.AI, and NVIDIA Collaborate to Develop AI-Powered Tourism Assistant for Thailand

Wipro, SIAM.AI, and NVIDIA have partnered to create 'Sukjai', an AI-powered digital assistant designed to enhance the travel experience for tourists in Thailand, leveraging NVIDIA's AI Enterprise platform and Wipro's WeGA Studio.

3 Sources

Booz Allen Hamilton and Palantir Technologies Forge Strategic Partnership to Enhance U.S. Defense Capabilities

Booz Allen Hamilton and Palantir Technologies announce a collaboration to accelerate defense innovation, focusing on modernizing information infrastructure and improving integrated warfighting operations with U.S. allies.

2 Sources

AI Outperforms Experts in Predicting Quality of Lab-Grown 'Mini-Organs'

Researchers from Japanese universities have developed an AI model that surpasses human experts in predicting the quality of organoids, potentially revolutionizing biomedical research and personalized medicine.

2 Sources

Shopify's AI Capabilities Drive Upgrade and Optimistic Growth Forecast

Loop Capital upgrades Shopify to 'buy', citing underappreciated AI capabilities. The e-commerce giant's use of AI for merchants and internal operations is expected to drive revenue growth and improve efficiency.

2 Sources

Asana's Q3 Results and AI Studio Launch Spark Investor Optimism

Asana's strong Q3 financial results, coupled with the successful launch of its AI Studio, have led to a significant stock rally and increased analyst optimism about the company's future growth prospects.

3 Sources

Nobel Laureate Economist Daron Acemoglu Offers Realistic Perspective on AI's Economic Impact

MIT economist Daron Acemoglu provides a nuanced analysis of AI's potential economic effects, estimating modest GDP growth and emphasizing the importance of how AI is implemented in the workforce.

2 Sources

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