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19 Oct 2024

Microsoft and OpenAI Negotiate $14 Billion Stake Amid Shift to For-Profit Model

Microsoft and OpenAI are in high-stakes negotiations over Microsoft's $14 billion investment as OpenAI transitions from a nonprofit to a for-profit entity, raising questions about equity distribution, governance, and the future of AI development.

6 Sources

Nebius Group Targets $1 Billion in Annual Recurring Revenue by 2025 as AI Infrastructure Firm

Nebius Group, an AI infrastructure company born from the split of Russian internet giant Yandex, anticipates annual recurring revenue of $500 million to $1 billion by 2025. The company is set to resume trading on Nasdaq after a suspension due to geopolitical events.

4 Sources

BullFrog AI Secures $3.13 Million in Funding Through Registered Direct Offering and Private Placement

BullFrog AI Holdings, a technology-enabled drug development company using AI and machine learning, has raised $3.13 million through a registered direct offering and concurrent private placement of shares and warrants.

5 Sources

Roadzen Inc. to Showcase AI-Driven Auto Insurance Solutions at ThinkEquity Conference

Roadzen Inc., a leader in AI-powered auto insurance technology, announces its participation in the upcoming ThinkEquity Conference, highlighting its innovative approach to transforming the insurance and mobility sectors.

2 Sources

Vocodia's AI Innovations: From Medical Alert Pendants to Telephony Solutions Amid Stock Challenges

Vocodia, an AI software company, expands into medical alert industry and files a patent for AI-powered telephony, while addressing recent stock price decline and future strategic partnerships.

4 Sources

Tech Giants Race Towards $1 Trillion and $3 Trillion Market Caps, Fueled by AI Advancements

Several major tech companies are on track to reach or surpass $1 trillion and $3 trillion market capitalizations, driven by AI innovations and strong financial performance. Oracle, Broadcom, Amazon, Alphabet, and Netflix are among the contenders poised for significant growth.

6 Sources

NVIDIA's Stock Soars to New Heights Amid AI Boom and Analyst Optimism

NVIDIA's stock hits record highs, driven by strong AI chip demand and positive analyst forecasts. The company's dominance in the AI market and upcoming Blackwell GPU architecture fuel investor confidence.

9 Sources

18 Oct 2024

Tesla's 'Full Self-Driving' Software Under Federal Investigation Following Fatal Crashes

The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into Tesla's 'Full Self-Driving' software after reports of crashes, including a fatal incident, in low-visibility conditions.

6 Sources

UK Government and Tech Giants Push for AI Data Opt-Out Model, Sparking Privacy Concerns

The UK government and major tech companies are proposing opt-out models for AI data scraping, raising concerns about user privacy and data rights. Critics argue for an opt-in approach to better protect consumer interests.

2 Sources

iPhone 16 Sales Surge in China Despite AI Uncertainty, Highlighting Market Dynamics

Apple's iPhone 16 sees strong sales in China, with a 20% year-on-year increase, despite the absence of AI features. The success comes amid market challenges and highlights the complex dynamics of the smartphone industry.

2 Sources

Persistent Systems Launches SASVA 2.0: AI-Powered Platform Revolutionizes Software Development Lifecycle

Persistent Systems unveils SASVA 2.0, an advanced AI-driven platform that transforms software engineering from ideation to post-deployment, boosting productivity and innovation across industries.

2 Sources

Qualcomm Partners with Indian ODMs to Accelerate Edge AI Deployment in IoT

Qualcomm collaborates with Indian original design manufacturers to boost Edge AI applications, focusing on IoT and 5G sectors. The company also partners with STMicroelectronics to integrate advanced connectivity technologies.

2 Sources

Karnataka Proposes Deeptech Innovation Cluster in Bengaluru to Boost AI and Emerging Technologies

Karnataka's IT Minister Priyank Kharge announces plans for a deeptech innovation cluster in Bengaluru, aiming to address gaps in AI, machine learning, robotics, and other emerging technologies while fostering startup growth.

3 Sources

Nokia Integrates AI into Altiplano Access Controller for Enhanced Network Automation

Nokia has integrated AI-driven operations (AIOps) into its Altiplano Access Controller, enhancing broadband network automation and moving towards fully autonomous networks.

2 Sources

Hollywood's Cautious Embrace of AI: Promises, Challenges, and Industry Concerns

Despite initial excitement, Hollywood's adoption of AI technologies faces delays due to legal, ethical, and creative concerns. Studios and tech companies are exploring partnerships, but progress is slow as the industry grapples with the implications of AI in filmmaking.

3 Sources

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