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30 Oct 2024

Mastercard Unveils AI-Powered Onboarding Assistant: A Leap in Customer Service Innovation

Mastercard launches its first AI assistant for customer onboarding, developed in-house with Databricks. This marks the beginning of a suite of AI tools aimed at enhancing operations and customer experience.

2 Sources

AMD's CES 2025 Lineup Leak Reveals Ambitious AI-Focused Hardware Plans

A major leak suggests AMD will unveil a wide range of new AI-capable processors and GPUs at CES 2025, including the RDNA 4 GPUs, Ryzen AI Max series, and next-gen gaming APUs, potentially positioning AMD as a strong competitor in the AI hardware market.

11 Sources

Samsung's $122 Billion Market Wipeout: The Cost of Lagging in AI Innovation

Samsung Electronics faces a significant market value loss of $122 billion due to concerns about falling behind in AI memory and chip manufacturing, highlighting the critical importance of maintaining a technological edge in the AI-driven semiconductor industry.

3 Sources

Alphabet's AI Investments Boost Earnings, Driving Tech Sector Optimism

Google's parent company Alphabet reports strong Q3 earnings, with AI investments paying off in cloud services. The results set a positive tone for upcoming tech earnings amid market uncertainties.

2 Sources

Google Delays Launch of Project Astra AI Agent to 2025

Google has postponed the release of Project Astra, its advanced AI agent, until 2025. The project aims to create multimodal AI experiences that can understand and interact with the world around users.

3 Sources

Ashton Kutcher's Sound Ventures Bets Big on AI: Investments, Insights, and Future Outlook

Ashton Kutcher's VC firm Sound Ventures is making significant investments in AI, including backing Fei-Fei Li's World Labs. The firm sees AI as a transformative technology and is exploring various aspects of the AI ecosystem.

2 Sources

Meta's Military Push and the Battle for Open-Source AI

Meta expands Llama AI model usage to U.S. military and defense contractors, sparking debate over open-source AI and national security implications.

8 Sources

UiPath Pioneers Agentic RPA: The Future of AI-Driven Automation

UiPath unveils its vision for agentic automation, combining AI and RPA to create more autonomous, intelligent systems that can make decisions and adapt to changing conditions, transforming workflows across industries.

6 Sources

Reddit Achieves First-Ever Profit, Driven by AI Tools and Explosive User Growth

Reddit reports its first profit in nearly 20 years, with significant user growth and revenue increase. AI-powered features and data licensing deals with tech giants contribute to this milestone.

11 Sources

Elon Musk Predicts 10 Billion Humanoid Robots by 2040, Experts Skeptical

Elon Musk forecasts a future where humanoid robots outnumber humans by 2040, with significant implications for Tesla's valuation. However, AI experts express skepticism about the feasibility of this prediction.

2 Sources

AWS Launches In-line Q Developer AI Coding Assistant, Challenging Microsoft's GitHub Copilot

Amazon Web Services introduces an AI-powered inline chat feature for its Q Developer coding assistant, directly competing with Microsoft's GitHub Copilot in the AI-assisted software development market.

2 Sources

Cisco Unveils New AI-Ready Data Center Infrastructure Solutions

Cisco introduces new AI-focused servers, networking equipment, and preconfigured AI PODs to strengthen its position in the growing AI infrastructure market.

4 Sources

Crusoe Energy Secures $500M Investment Led by Peter Thiel's Founders Fund for AI Infrastructure Expansion

Crusoe Energy, a data center startup, has raised $500 million in equity investment led by Peter Thiel's Founders Fund. The funding round values the company at $3 billion, highlighting the growing interest in AI infrastructure and sustainable computing solutions.

2 Sources

AMD's Q3 Earnings: Strong AI Growth Amid Market Challenges

AMD reports solid Q3 results with strong AI chip sales, but faces stock decline due to tepid Q4 guidance. The company sees significant growth in its data center segment, driven by AI demand.

9 Sources

Alphabet's Q3 2024 Earnings Surge: AI Investments Boost Cloud and Ad Revenue

Google's parent company Alphabet reports strong Q3 2024 earnings, with revenue up 15% to $88.27 billion. AI investments drive growth in cloud services and advertising, while YouTube hits a $50 billion revenue milestone.

38 Sources

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