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24 Oct 2024

Apple Scales Back Vision Pro Production Amid Declining Sales and Market Challenges

Apple has significantly reduced production of its Vision Pro mixed reality headset due to waning sales and competition from cheaper alternatives. The company may halt production of the current version by year-end, raising questions about its future in the VR/AR market.

3 Sources

Wayve Expands AI-Driven Automated Driving Tests to U.S. Roads

UK-based Wayve, backed by major investors, launches its AI-powered automated driving software tests in San Francisco, marking its first expansion outside the UK and intensifying competition in the autonomous vehicle market.

5 Sources

Infosys Unveils New Living Labs and AI Collaboration with University of Cambridge in London

Infosys expands its innovation capabilities in London with new Living Labs and announces a collaboration with the University of Cambridge to establish an AI Lab, aiming to accelerate digital transformation and AI-driven innovation for enterprises.

3 Sources

JetBrains Unveils Mellum: A Specialized AI Model for Efficient Code Completion

JetBrains introduces Mellum, a proprietary AI large language model designed specifically for coding assistance, offering faster and more accurate code suggestions for developers.

2 Sources

Private SaaS Companies Shift Focus to Growth and AI Adoption, Survey Reveals

KeyBanc Capital Markets and Sapphire Ventures' 15th annual Private SaaS Company Survey shows a continued focus on efficiency and profitability, with AI and economic optimism driving future growth expectations.

2 Sources

First Quantum Minerals in Talks for Potential Partnerships in Zambian Assets

First Quantum Minerals, a Canadian mining company, is exploring partnership opportunities for its Zambian copper and nickel assets. The potential deal, possibly with Saudi Arabia's Manara Minerals, highlights the growing importance of copper in the clean energy transition and AI infrastructure.

2 Sources

Bernstein Predicts Bitcoin to Hit $200,000 by 2025, Driven by Institutional Adoption and ETFs

Bernstein Research forecasts Bitcoin's price to reach $200,000 by the end of 2025, citing increased institutional demand and the impact of spot Bitcoin ETFs. The prediction is based on a comprehensive analysis of market trends and the cryptocurrency's unique supply structure.

2 Sources

TechCrunch Disrupt 2024: AI Takes Center Stage Amid Diverse Tech Discussions

TechCrunch Disrupt 2024 showcases AI advancements and diverse tech topics, featuring industry leaders and startups across three days in San Francisco.

5 Sources

Apple Unveils New M4-Powered Macs with AI Capabilities

Apple announces new MacBook Pro, iMac, and Mac Mini models featuring the M4 chip, focusing on AI capabilities and performance improvements.

35 Sources

Hugging Face Launches HUGS: A New Open-Source AI Offering to Reduce Costs and Complexity

Hugging Face, in collaboration with tech giants, introduces HUGS, an open-source AI offering aimed at simplifying and reducing costs for AI development while promoting data privacy and control.

4 Sources

Apple Cuts iPhone 16 Orders Amid AI Integration and Market Challenges

Apple reportedly reduces iPhone 16 production estimates, raising questions about the impact of its new AI features on sales. Analyst Ming-Chi Kuo provides insights on production cuts and the potential influence of Apple Intelligence.

4 Sources

California Governor Blocks Landmark AI Safety Bill, Sparking Debate on Innovation vs. Regulation

California Governor Gavin Newsom vetoes the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act (SB 1047), igniting discussions on balancing AI innovation with safety measures.

4 Sources

Amphenol Forecasts Strong Q4 Growth Driven by AI and Defense Demand

Amphenol projects upbeat Q4 sales and profit, benefiting from increased demand in IT, data communications, and defense sectors, partly fueled by the AI boom.

3 Sources

NVIDIA Overcomes Blackwell AI Chip Design Flaw, Resumes Production with TSMC's Help

NVIDIA CEO Jensen Huang admits to a design flaw in the company's latest Blackwell AI chips, which caused production delays. The issue has been resolved with TSMC's assistance, and mass production is back on schedule.

9 Sources

Former OpenAI Researcher Condemns Company's Data Practices, Alleging Copyright Violations

Suchir Balaji, a former OpenAI employee, speaks out against the company's data scraping practices, claiming they violate copyright law and pose a threat to the internet ecosystem.

6 Sources

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