Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

16 Oct 2024

SAG-AFTRA and Video Game Companies Resume Negotiations Amid AI Concerns

SAG-AFTRA and video game companies are set to resume negotiations on October 23, focusing on AI-related issues in voice acting. The strike, ongoing since July, highlights the growing impact of AI in the entertainment industry.

2 Sources

Taboola Unveils Abby: A Groundbreaking AI Assistant for Advertisers

Taboola introduces Abby, an industry-first Generative AI assistant that revolutionizes campaign management for advertisers, offering a conversational approach to all aspects of advertising campaigns.

2 Sources

Global Mofy AI Limited Secures $2.5 Million in Private Placement for Generative AI Platform Expansion

Global Mofy AI Limited, a provider of generative AI-driven technology solutions, has announced a $2.5 million private placement to fund its AI platform development, research, and operational needs.

2 Sources

Amplitude Acquires Command AI to Enhance User Experience with AI-Powered Assistance

Amplitude, a behavioral analytics company, has acquired Command AI to integrate AI-assisted onboarding and product tours into its software platform, aiming to improve user experience and retention for its customers.

2 Sources

WallitIQ: AI-Powered Crypto Wallet Gains Traction Amid Meme Coin Volatility

As meme coins like Shiba Inu and Dogecoin face market volatility, WallitIQ, an AI-powered crypto wallet, attracts investor attention with promises of enhanced security and user experience.

6 Sources

DataStax Launches AI Platform with Nvidia, Promising Faster AI Development and Deployment

DataStax introduces a new AI platform built with Nvidia AI, aiming to reduce AI development time by 60% and handle workloads 19x faster. The platform integrates DataStax's data management capabilities with Nvidia's AI tools to streamline the entire AI lifecycle for enterprises.

4 Sources

Penguin Solutions Rebrands and Reports Mixed Financial Results Amid AI Infrastructure Focus

SMART Global Holdings rebrands as Penguin Solutions, focusing on AI infrastructure and enterprise solutions. The company reports Q4 earnings miss and provides weaker-than-expected guidance, causing a 15% stock plunge.

2 Sources

Recursion Pharmaceuticals: AI-Driven Drug Discovery Faces Challenges Amid Market Skepticism

Recursion Pharmaceuticals, an AI-powered drug discovery company backed by Cathie Wood's Ark Invest, faces market challenges after disappointing clinical trial results, raising questions about the effectiveness of its AI platform in revolutionizing drug development.

2 Sources

Cyient and Business Finland Partner to Drive Innovation in AI, 5G, and Sustainability

Cyient, a global Intelligent Engineering company, has signed an MoU with Business Finland to collaborate on advancing technologies including AI, 5G, and sustainability solutions. This partnership aims to foster innovation and create new market opportunities.

3 Sources

Trust in AI Financial Advisors Varies Across Demographics, Study Finds

A new study reveals that trust in AI for financial advice depends on factors such as gender, political affiliation, and prior AI knowledge, highlighting the challenges in integrating AI into the financial sector.

3 Sources

15 Oct 2024

Presidio and AWS Forge Strategic Partnership to Accelerate GenAI and Cloud Innovation

Presidio signs a new three-year strategic collaboration agreement with Amazon Web Services, focusing on generative AI, industry-specific solutions, and cloud migration to drive innovation and sales growth.

2 Sources

Tencent Invests $30 Million in AI-Powered Cancer Detection Firm Insighta

Tencent makes a strategic $30 million investment in Insighta, a Hong Kong-based early cancer detection company, valuing it at $200 million. The partnership aims to advance AI-driven innovations in healthcare, particularly in early cancer detection.

2 Sources

SimpliSafe Launches AI-Powered Outdoor Security Camera with Live Monitoring

SimpliSafe introduces the Outdoor Security Camera Series 2 with Active Guard Outdoor Protection, combining AI technology and human monitoring to prevent crimes before they occur.

5 Sources

Google Revamps Shopping Experience with AI-Powered Personalization and Insights

Google introduces a major overhaul to its Shopping platform, integrating AI technology to offer personalized recommendations, AI-generated product briefs, and enhanced search capabilities.

16 Sources

Anguilla's AI Domain Windfall: How a Tiny Caribbean Island Struck Digital Gold

The British territory of Anguilla is experiencing an unexpected economic boom due to its control of the .ai internet domain, as the artificial intelligence industry surges in popularity.

9 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

The Outpost

News

About