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22 Oct 2024

Nokia and Lenovo Partner to Develop AI-Driven Data Center Solutions

Nokia and Lenovo announce a strategic partnership to create comprehensive data center networking and automation solutions for AI and ML workloads, targeting enterprises, telcos, and cloud providers.

2 Sources

Broadcom to Host VMware Explore 2024 Barcelona: Spotlight on Cloud and AI Innovation

Broadcom, following its acquisition of VMware, announces VMware Explore 2024 Barcelona, a major cloud and AI technology event featuring keynotes, technical sessions, and networking opportunities.

2 Sources

SoundHound AI Survey Reveals High Demand for Voice Generative AI in Vehicles Across US and Europe

SoundHound AI's recent surveys show that a majority of drivers in the US and Europe are likely to use voice generative AI capabilities in their vehicles, indicating a growing market for AI-powered voice assistants in the automotive industry.

5 Sources

Chainlink Pioneers AI-Powered Oracle Solution for Corporate Actions Data

Chainlink has successfully piloted an innovative system using AI and blockchain technology to streamline corporate actions data, potentially saving financial institutions millions annually.

2 Sources

US Finalizes Rules to Curb AI Investments in China, Citing National Security Concerns

The Biden administration has finalized rules to limit US investments in AI and other advanced technologies in China, aiming to protect national security. The regulations, effective January 2, 2024, target key sectors including AI systems, semiconductors, and quantum technologies.

23 Sources

Tesla Reassures Investors with Strong EV Growth Forecast and AI Pivot

Tesla's stock surges after CEO Elon Musk forecasts 20-30% sales growth for next year, balancing the company's focus between its core EV business and future AI and robotics ventures.

13 Sources

Tech Giants Embrace Nuclear Power to Fuel AI's Energy Demands

Major technology companies are investing in nuclear power, particularly small modular reactors, to meet the growing energy needs of artificial intelligence and data centers. This shift marks a potential renaissance for the nuclear industry and raises questions about the future of energy production.

13 Sources

NVIDIA CEO Highlights India's Potential to Lead Global AI Revolution

NVIDIA CEO Jensen Huang emphasizes India's unique strengths in AI development, urging the country to manufacture its own AI and leverage its vast talent pool and data resources to become a global leader in the AI revolution.

37 Sources

Peak XV's Surge 10 Cohort: Spotlight on AI and Fintech Startups

Peak XV Partners announces 14 startups for its Surge 10 programme, focusing on AI, fintech, and other innovative sectors. The cohort includes companies from various countries and offers up to $3 million in seed funding.

2 Sources

Neysa Secures $30 Million in Series A Funding to Accelerate AI Infrastructure Development

Mumbai-based AI startup Neysa raises $30 million in Series A funding to scale up its AI infrastructure and accelerate research and development, aiming to democratize access to scalable AI solutions for organizations worldwide.

5 Sources

Nvidia Accelerates AI Push in India with Strategic Partnerships and Infrastructure Expansion

Nvidia's CEO Jensen Huang announces major AI initiatives in India, including partnerships with Reliance Industries and other tech giants, to build AI infrastructure and develop language models tailored for the Indian market.

11 Sources

SAP Reports Strong Q3 2024 Results, Raises Outlook Amid AI Integration

SAP announces robust Q3 2024 financial results, highlighting significant cloud revenue growth and progress in Business AI integration. The company raises its 2024 financial outlook and continues its transformation program.

2 Sources

Taiwan Considers Nuclear Revival to Power AI Chip Boom

Taiwan is reconsidering its stance on nuclear energy as the AI-driven demand for advanced semiconductors strains the island's power grid, potentially reversing a decade-long policy of phasing out nuclear power.

3 Sources

SAP Shares Soar on Strong Cloud Growth and AI Integration

SAP, Europe's largest software maker, reports impressive Q3 results driven by cloud revenue growth and AI integration, leading to raised full-year targets and an all-time high in share prices.

10 Sources

Baidu CEO Predicts AI Bubble Burst: Only 1% of Companies to Survive

Baidu CEO Robin Li warns of an impending AI bubble burst, comparing it to the dot-com era. He predicts only 1% of AI companies will survive, leading to a healthier market with more realistic applications.

2 Sources

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