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18 Oct 2024

Nixxy's Strategic Moves: AI-Driven Acquisitions and CognoGroup Spin-Off

Nixxy Inc. (NASDAQ:NIXX) is making waves with its AI-focused acquisition strategy and the spin-off of CognoGroup, aiming for a $1B valuation while leveraging AI technologies to transform traditional markets.

2 Sources

X (Formerly Twitter) to Allow Third-Party AI Training on User Data, Raising Privacy Concerns

X, the social media platform formerly known as Twitter, has updated its privacy policy to allow third-party collaborators to use user data for AI training purposes, sparking debates about user privacy and data rights.

8 Sources

DevRev Unveils SaaS 2.0: AI-Native Platform Revolutionizes Enterprise Operations

DevRev introduces advanced AI-driven features in its enterprise platform, aiming to transform SaaS with conversational interfaces and improved workflow management.

2 Sources

Perplexity AI Unveils Internal Knowledge Search and Spaces Features for Enhanced AI-Powered Research

Perplexity AI introduces two new features: Internal Knowledge Search, which combines web and internal data searches, and Spaces, a collaborative research platform. These additions aim to revolutionize AI-powered search and collaboration for both enterprise and individual users.

7 Sources

Eruditus Secures $150 Million in Funding, Plans AI-Driven Expansion and Potential IPO

Indian edtech company Eruditus raises $150 million in a TPG-led funding round, maintaining a $3 billion valuation. The company plans to focus on AI products, enterprise sales, and Indian market expansion, with a potential future IPO in India.

3 Sources

Bain & Company Expands Partnership with OpenAI to Accelerate AI Solutions for Global Enterprises

Bain & Company announces an expanded collaboration with OpenAI, establishing a dedicated Center of Excellence to drive AI innovation and deliver transformative solutions across industries.

3 Sources

Synaptics to Report Q1 Fiscal 2025 Results: Spotlight on AI at the Edge

Synaptics, a leader in AI at the Edge technology, announces its upcoming Q1 fiscal 2025 earnings report and conference call, highlighting its role in transforming intelligent connected devices.

2 Sources

MediaTek Unveils AI-Powered Chipset Roadmap at IMC 2024, Driving On-Device Generative AI

MediaTek showcases its commitment to AI-powered chipsets at India Mobile Congress 2024, highlighting advancements in on-device computing and generative AI for diverse smart devices.

2 Sources

Microsoft and OpenAI's Partnership Shows Signs of Strain Amid Financial Pressures and Strategic Shifts

The once-strong alliance between Microsoft and OpenAI is facing challenges as financial pressures mount and both companies reassess their strategies in the competitive AI landscape.

9 Sources

Chinese Robotaxi Firm Pony AI Files for US IPO, Signaling Renewed Interest in Chinese Listings

Pony AI, a China-based autonomous driving company backed by Toyota, has filed for an IPO in the US. This move indicates growing investor interest in new listings and easing regulatory pressures on Chinese companies in US markets.

2 Sources

The Dual-Edged Sword of AI: Technological Advancement and Societal Concerns

An exploration of the complex landscape surrounding AI development, including political implications, economic impacts, and societal concerns, highlighting the need for responsible innovation and regulation.

2 Sources

Worldcoin Rebrands as 'World', Unveils New Iris-Scanning Orb Amid Expansion Plans

Sam Altman's controversial "proof of personhood" crypto project Worldcoin has rebranded to "World" and introduced an updated version of its iris-scanning Orb device, aiming to scale up its human verification system globally.

13 Sources

OpenAI Launches ChatGPT Desktop App for Windows, Currently Limited to Paid Subscribers

OpenAI has released a beta version of the ChatGPT desktop app for Windows, initially available only to paid subscribers. The app aims to provide quick access to the AI chatbot's features, though some functionalities are currently missing compared to the macOS and web versions.

12 Sources

Nebius Group: AI Firm Split from Russia's Yandex Set for Volatile Nasdaq Return

Nebius Group, an AI infrastructure company formed from Yandex's international assets, is set to resume trading on Nasdaq after a lengthy suspension. Investors anticipate high volatility as the company positions itself in the growing AI cloud market.

7 Sources

Google Reshuffles Leadership and AI Teams in Strategic Move

Google announces major leadership changes and restructuring of AI teams, with Prabhakar Raghavan becoming Chief Technologist and Nick Fox taking over the Knowledge & Information division.

7 Sources

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