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17 Jan 2025

Wondrlab Acquires AI Firm BigStep Technologies, Boosting Generative AI Capabilities

Wondrlab, an Indian martech network, has acquired a majority stake in BigStep Technologies, enhancing its capabilities in Generative AI and custom software solutions. This strategic move aims to drive innovation and expand offerings globally.

2 Sources

FTC Refers Complaint Against Snap's AI Chatbot to Justice Department Amid Controversy

The Federal Trade Commission has referred a complaint against Snap Inc. to the Department of Justice, alleging potential risks and harms to young users from the company's AI-powered chatbot, My AI, on Snapchat. This move has sparked debate and criticism from various stakeholders.

4 Sources

AI Breakthrough: Noninvasive Method Decodes Heart Cells' Electrical Signals

Researchers from UC San Diego and Stanford University have developed an AI-driven approach to monitor electrical activity inside heart cells without invasive procedures, potentially revolutionizing drug screening and personalized medicine.

3 Sources

Netradyne Secures $90 Million in Series D Funding to Advance AI-Powered Fleet Safety Technology

Netradyne, a leader in AI-powered fleet management solutions, has raised $90 million in Series D funding to expand its innovative driver safety technology globally and accelerate R&D efforts.

3 Sources

Infosys Reports Strong Q3 FY25 Performance with Focus on AI and Digital Services

Infosys, a global leader in digital services, announces robust Q3 FY25 results with 6.1% YoY growth, expanded margins, and significant AI-driven partnerships.

2 Sources

AI Reveals Alarming Glacier Loss in Arctic's Svalbard Archipelago

A groundbreaking study using AI to analyze satellite imagery has uncovered significant glacier shrinkage in Svalbard, one of the fastest-warming regions on Earth, over the past four decades.

3 Sources

UK's AI Ambitions Could Jeopardize Net Zero Goals: The Energy Dilemma

The UK government's plan to increase AI computing power twentyfold by 2030 poses significant challenges to the country's renewable energy capacity and net zero targets.

2 Sources

Palantir and Other Tech Giants Invest in AI Drone Startup Shield AI, Valuation Soars to $5 Billion

Shield AI, a startup developing AI-powered autonomous drones, is set to raise $200 million in a new funding round, nearly doubling its valuation to $5 billion. Tech and defense giants like Palantir, Airbus, and L3Harris are among the investors, signaling a growing interest in AI-driven defense technology.

2 Sources

The Future of Enterprise AI: Scaling Strategies and Predictions for 2025

An in-depth look at the challenges and opportunities facing enterprises as they scale their AI operations in 2025, including the build vs. buy dilemma, emerging AI technologies, and cost considerations.

2 Sources

The Symbiotic Relationship Between Edge Computing and Cloud in AI Infrastructure

As edge computing rises in prominence for AI applications, it's driving increased cloud consumption rather than replacing it. This symbiosis is reshaping enterprise AI strategies and infrastructure decisions.

2 Sources

Baijiayun's Duanxunbao Receives Major Upgrade, Enhancing AI-Powered Live-Streaming Capabilities

Baijiayun Group Ltd, a one-stop AI video solution provider, has announced a significant winter upgrade for its flagship product Duanxunbao, introducing advanced real-time data visualization and improved marketing features.

2 Sources

NVIDIA's RTX 5090D for China: AI and Crypto-Mining Restrictions Spark Controversy

NVIDIA's new GeForce RTX 5090D, designed exclusively for the Chinese market, comes with significant restrictions on AI and crypto-mining performance, raising questions about its utility for professional workloads.

3 Sources

Legal AI Startup Harvey Poised for $300M Funding Round, Doubling Valuation to $3B

Harvey, a San Francisco-based startup developing AI tools for law firms, is in talks with Sequoia Capital for a $300 million funding round. This investment could double the company's valuation to $3 billion, marking significant growth in the legal AI sector.

2 Sources

Borderless AI Launches HRGPT: AI-Powered HR Search Engine Backed by $32M Funding

Borderless AI, a Toronto-based HR software startup, has launched HRGPT, an AI-powered search engine for HR tasks, and secured $32 million in total funding, including a recent $5 million investment from Cohere founders.

3 Sources

TELUS International Under Investigation for Potential Securities Fraud Related to AI Solutions

TELUS International, a global provider of digital customer experience solutions, is facing investigations and potential class action lawsuits over alleged misleading statements about its financial performance, particularly concerning its AI solutions.

2 Sources

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