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24 Jan 2025

Infinite Reality Acquires Virtual Shopping Platform Obsess to Enhance Immersive E-commerce Solutions

Infinite Reality, a company focused on immersive technology, has acquired Obsess, a virtual shopping platform. This acquisition aims to integrate advanced 3D digital store technology into Infinite Reality's product portfolio, expanding its e-commerce solutions in the growing immersive technology market.

2 Sources

John McAfee's Legacy Resurrected: AI-Powered Meme Coin Sparks Controversy

The late John McAfee's Twitter account promotes a new AI-powered meme coin called AIntivirus, raising questions about authenticity and ethical implications in the crypto world.

5 Sources

DeepSeek's Rise: Chinese AI Startup Challenges US Dominance

Chinese AI startup DeepSeek's R1 model tops app charts, rivaling OpenAI's ChatGPT with impressive performance at a fraction of the cost, sparking debates on AI development and US-China tech competition.

102 Sources

Devin, the 'First AI Software Engineer', Struggles with Basic Tasks, Raising Questions About AI's Readiness to Replace Human Coders

Cognition AI's Devin, touted as the world's first AI software engineer, has been found to fail in 85% of assigned tasks, according to recent evaluations. This revelation challenges claims about AI's readiness to replace human software engineers.

3 Sources

Banzai Acquires Act-On Software for $53.2M, Expanding AI-Driven Marketing Automation Capabilities

Banzai International, Inc. has signed a definitive agreement to acquire Act-On Software, an AI-powered enterprise marketing automation platform, for $53.2 million. This acquisition aims to enhance Banzai's suite of AI-driven marketing tools and is expected to increase revenue by $27 million in 2025.

3 Sources

Trump's $100 Billion AI Venture: UAE's MGX Emerges as Key Player Amid Controversy

US President Donald Trump's ambitious $100 billion AI infrastructure project, backed by tech giants and UAE's MGX, sparks debate over funding sources and ethical concerns.

2 Sources

23 Jan 2025

Project Stargate: US AI Initiative Sparks Global Debate and India's Tech Ambitions

The announcement of the US $500 billion Stargate project has ignited discussions about AI dominance and India's potential response, highlighting the need for strategic planning in AI development and infrastructure.

2 Sources

Palantir's AI Strategy Drives Wedbush to Raise Price Target to $90, Citing Potential Market Dominance

Wedbush Securities raises Palantir's price target to $90, citing growing confidence in the company's AI strategy and potential to become a dominant force in the AI market.

2 Sources

SES AI Secures $10 Million in Contracts for AI-Enhanced Battery Development

SES AI Corporation has signed contracts worth up to $10 million with two global automotive OEM partners to develop AI-enhanced electrolyte materials for Li-Metal and Li-ion batteries, marking a significant milestone in the commercial application of AI for battery material discovery.

3 Sources

ChatGPT Experiences Global Outage, OpenAI Swiftly Resolves Issue

OpenAI's ChatGPT faced a significant global outage, affecting millions of users. The company quickly acknowledged the problem, investigated the cause, and implemented a fix, highlighting the growing reliance on AI technologies.

18 Sources

Ramp CEO Eric Glyman Reveals Corporate AI Spending Trends and Impact

Eric Glyman, CEO of Ramp, discusses corporate AI spending patterns, highlighting investments in companies like OpenAI and Anthropic, and the impact of AI on business operations.

3 Sources

Generative AI Reshaping the Future of Payments: Opportunities and Challenges

Generative AI is transforming the payments industry, offering solutions for fraud detection, personalization, and efficiency. However, challenges in security and specialization need addressing for widespread adoption.

3 Sources

Indian Businesses Embrace Generative AI but Face Talent Development Challenges

A survey reveals that Indian companies are rapidly increasing investments in generative AI, but are spending significantly more on technology than on workforce training, potentially hindering the full realization of AI's benefits.

3 Sources

Pope Francis Warns Davos Summit of AI's Potential to Exacerbate 'Crisis of Truth'

Pope Francis addresses the World Economic Forum in Davos, cautioning against the risks of AI in amplifying misinformation and urging vigilant oversight of the technology.

3 Sources

IntelMarkets (INTL) Emerges as AI-Powered Crypto Trading Platform, Aims to Outperform Dogecoin and Ripple

IntelMarkets, a new cryptocurrency project, is gaining attention for its AI-driven trading platform. The project aims to revolutionize crypto trading with advanced features and has raised over $7.5 million in its ongoing presale.

8 Sources

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