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15 Oct 2024

Omnea Secures $25M in Funding to Revolutionize Procurement with AI

Omnea, a procurement software startup, has raised $25 million in funding to streamline and automate the procurement process using AI technology. The company aims to address the complexities and inefficiencies in current procurement practices.

2 Sources

US Tech Giants Invest £6.3 Billion in UK Data Centers, Boosting AI Infrastructure

Four major US tech companies have pledged to invest £6.3 billion in UK data centers, supporting the country's AI ambitions and digital infrastructure. This investment comes shortly after the UK government designated data centers as critical national infrastructure.

4 Sources

Ex-Intel CEO Brian Krzanich's Appointment at AI Firm Cerence Sparks Controversy

Former Intel CEO Brian Krzanich's new role as CEO of automotive AI company Cerence has ignited a fierce backlash, highlighting the tech industry's long memory and the challenges of leadership transitions in the AI era.

3 Sources

Broadcom's AI Ascent: Billionaire Jeff Yass Shifts Focus from Nvidia

Billionaire Jeff Yass's Susquehanna International Group sells 73% of its Nvidia stake while increasing investment in Broadcom, signaling a strategic shift in AI stock preferences.

6 Sources

Microsoft Patents Real-Time Audio-to-Image AI Generator for Enhanced Meeting Experiences

Microsoft has filed a patent for an AI system that converts live audio into images in real-time, potentially revolutionizing virtual meetings and presentations with dynamic visual content generation.

2 Sources

U.S. Considers Capping AI Chip Exports to Middle East, Raising Concerns for Nvidia and AMD

The Biden administration is weighing restrictions on advanced AI chip exports to certain countries, particularly in the Middle East, potentially impacting major chipmakers like Nvidia and AMD.

21 Sources

TSMC's 3nm Process Set for Massive Adoption by AI Tech Giants

TSMC's 3nm process is poised for widespread adoption in the AI sector, with major tech companies like NVIDIA, AMD, and Intel planning to use it in their next-generation AI accelerators.

2 Sources

NVIDIA's Vision: 50,000 Employees and 100 Million AI Assistants to Shape Future Workforce

NVIDIA CEO Jensen Huang outlines a future where the company's workforce will be augmented by millions of AI assistants, transforming productivity and job roles in the tech industry.

3 Sources

PropiChain: AI-Powered Blockchain Platform Aims to Revolutionize Real Estate Investment

PropiChain (PCHAIN) is a new cryptocurrency project that combines blockchain and AI to transform real estate investment. As its whitelist presale nears completion, experts predict significant growth potential.

2 Sources

Paris Motor Show Showcases EV Innovation Amid EU-China Trade Tensions

The Paris Motor Show highlights new electric vehicle models from Chinese and European manufacturers, while tensions rise over potential EU tariffs on Chinese EV imports.

8 Sources

Big Tech's Nuclear Pivot: Powering AI Ambitions with Atomic Energy

Major tech companies are turning to nuclear power to meet the growing energy demands of AI, investing in both traditional and next-generation reactor technologies.

58 Sources

Accenture Acquires Joshua Tree Group to Enhance AI-Powered Supply Chain Solutions

Accenture has acquired Joshua Tree Group, a supply chain consulting firm, to boost its distribution center performance capabilities and advance AI-powered supply chain solutions for retail and consumer goods clients.

2 Sources

Advanced Energy Unveils High-Efficiency Power Solutions for AI Servers at 2024 OCP Global Summit

Advanced Energy Industries, Inc. will showcase its latest ultra-efficient power solutions for AI servers and data centers at the 2024 OCP Global Summit, featuring technologies designed to meet the increasing power demands of AI applications.

2 Sources

Microsoft's AI Research VP Sebastien Bubeck Joins OpenAI to Advance AGI Development

Sebastien Bubeck, Microsoft's VP of GenAI research, leaves the company after a decade to join OpenAI, aiming to further his work on developing artificial general intelligence (AGI).

13 Sources

Jabil Unveils High-Performance Servers Optimized for AI and Cloud Applications

Jabil Inc. introduces new AMD and Intel-powered servers designed for AI, FinTech, and cloud applications, showcasing advancements in server technology and customization capabilities.

2 Sources

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