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19 Feb 2025

HP Acquires Humane's AI Assets for $116 Million to Boost AI Capabilities

HP Inc. has announced the acquisition of key AI assets from Humane, including the Cosmos AI platform and over 300 patents, for $116 million. This move aims to accelerate HP's AI-driven product development and transform the company into a more experience-led organization.

4 Sources

Arista Networks Rides AI Wave to Record Growth, Faces Challenges Ahead

Arista Networks reports strong Q4 2024 results, driven by AI networking demand. The company faces both opportunities and challenges as it navigates market competition and customer concentration risks.

6 Sources

AI Hallucinations in Legal Filings: Morgan & Morgan Warns Lawyers of Consequences

Morgan & Morgan, a major US law firm, warns its attorneys about the risks of using AI-generated content in court filings after a case involving fake citations. The incident highlights growing concerns about AI use in the legal profession.

9 Sources

Humane AI Pin: A Short-Lived Experiment in Wearable AI Technology

Humane's AI Pin, a wearable AI device, is being discontinued following HP's acquisition of the company. Users have until February 28, 2025, to sync and download their data before the device ceases to function.

54 Sources

Deepfake Detection Challenge: Only 0.1% of Participants Succeed in Identifying AI-Generated Content

A recent study by iProov reveals that only 2 out of 2,000 participants could accurately distinguish between real and AI-generated deepfake content, highlighting the growing threat of misinformation and identity fraud in the digital age.

3 Sources

Cadence Design Systems Reports Strong Q4 2024 Results, but 2025 Forecast Falls Short of Expectations

Cadence Design Systems, a leader in electronic design automation, reported impressive Q4 2024 results with significant revenue growth and AI-driven successes. However, the company's 2025 forecast disappointed investors, causing a dip in after-hours trading.

2 Sources

AI Chatbots Struggle with News Summarization: BBC Study Reveals High Error Rates

A BBC study finds that popular AI chatbots, including ChatGPT, Google Gemini, Microsoft Copilot, and Perplexity AI, produce significant errors when summarizing news articles, raising concerns about their reliability for news consumption.

2 Sources

Former OpenAI CTO Mira Murati Launches AI Startup Thinking Machines Lab

Mira Murati, ex-CTO of OpenAI, unveils her new AI startup Thinking Machines Lab, aiming to make AI more accessible and customizable while focusing on open science and safety.

18 Sources

Hightouch Secures $80M Funding, Reaches Unicorn Status with AI-Powered Marketing Platform

Hightouch, a marketing analytics startup, has raised $80 million in a Series C funding round, achieving a $1.2 billion valuation. The company's AI-powered customer data platform is revolutionizing personalized marketing strategies.

3 Sources

Google Gemini May Soon Add Video Generation Capabilities, APK Teardown Reveals

An APK teardown of the Google app suggests that Gemini, Google's AI assistant, might soon be able to generate videos. This potential feature could significantly expand Gemini's capabilities beyond its current text and image generation abilities.

2 Sources

Shift Bioscience Expands to North America, Boosting AI-Powered Rejuvenation Research

Shift Bioscience, a biotech company using AI-powered virtual cells to combat age-related diseases, establishes new facilities in Toronto, Canada. This expansion aims to leverage the region's AI talent pool and advance their platform for discovering rejuvenation gene targets.

2 Sources

Brahma Acquires Metaphysic in $1.43 Billion Deal, Boosting AI-Powered Content Creation

DNEG's subsidiary Brahma has acquired AI company Metaphysic, valuing the combined entity at $1.43 billion. This merger aims to accelerate AI-driven content creation technologies across various industries.

6 Sources

Meta Announces LlamaCon: Its First AI-Focused Developer Conference

Meta is set to host LlamaCon, its inaugural AI-focused developer conference, on April 29, 2025. The event will showcase Meta's open-source AI developments and tools, including updates on the Llama model series.

6 Sources

Swiss Researchers Develop AI Model for Automated MRI Image Segmentation

A new AI model called TotalSegmentator MRI, developed by Swiss researchers, can automatically segment major anatomic structures in MRI images across different sequences, potentially reducing radiologists' workload and improving diagnostic accuracy.

3 Sources

Squirro Appoints Chris Corrado as CEO for Americas to Drive AI-Powered Growth

Squirro, an enterprise GenAI platform provider, has named Chris Corrado as its new CEO for the Americas. With his extensive experience in technology and finance, Corrado aims to scale Squirro's AI-driven business across North and South America.

2 Sources

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