Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

11 Oct 2024

Novo Nordisk Expands Indian Operations, Partners with AI Startups to Enhance Drug Development

Danish pharmaceutical giant Novo Nordisk is significantly expanding its presence in India, partnering with AI startups and increasing its workforce to streamline operations and boost drug development efficiency.

3 Sources

Salesforce UK Chief Advocates for Tailored AI Regulations, Distinguishing Between Enterprise and Consumer Tools

Zahra Bahrololoumi, CEO of Salesforce UK and Ireland, calls for targeted AI regulations that differentiate between enterprise and consumer-facing AI tools, emphasizing the need for proportional and tailored legislation in the rapidly evolving AI landscape.

2 Sources

WallitIQ: AI-Powered Crypto Wallet Attracts Major Investors and Exchange Interest

WallitIQ (WLTQ), a new AI-driven cryptocurrency wallet, is gaining attention from major investors and exchanges due to its innovative features and potential for high returns.

4 Sources

Arta Finance Launches Globally with AI-Powered Wealth Management Platform

Arta Finance, a digital wealth management platform, announces its global launch from Singapore, introducing an AI Copilot for wealth management and a new B2B 'wealth-as-a-service' offering for banks.

2 Sources

AI Stocks Beyond Nvidia: Emerging Leaders in the Artificial Intelligence Boom

As Nvidia dominates the AI chip market, other companies like Broadcom, C3.ai, and Lam Research are emerging as potential leaders in various AI-related sectors, offering investors alternative opportunities in the growing AI industry.

15 Sources

YOFC Unveils Next-Generation Intelligent Networks for the AI Era at World Fibre Conference

Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) showcased its leadership in optical technology at the 2024 World Optical Fibre & Cable Conference, introducing innovative fibre solutions to meet the demands of the AI age.

2 Sources

Amazon and Walmart Revolutionize Online Shopping with Generative AI

Amazon and Walmart are implementing advanced generative AI technologies to enhance product search, personalize recommendations, and create more immersive shopping experiences, signaling a significant shift in the e-commerce landscape.

2 Sources

AI in Property Valuation: The Need for Transparency and Trust in New Zealand's Housing Market

As AI-powered automated valuation models gain prominence in New Zealand's property market, concerns about transparency and accountability arise. Researchers are developing frameworks to evaluate these models and ensure fairness in property valuations.

2 Sources

AMD's AI Conference Sparks Market Reaction Despite Product Launches

AMD's stock dips 4% following its Advancing AI conference, despite unveiling new AI-focused products and partnerships. The event highlighted AMD's strategic push into the AI market, with new processors and accelerators aimed at data centers and enterprise AI applications.

2 Sources

Waterdrop Inc. Releases 2023 ESG Report: Balancing AI Innovation and Social Responsibility

Waterdrop Inc.'s 2023 ESG Report highlights significant investments in AI and technology, alongside efforts in social responsibility and healthcare accessibility. The company's ESG rating improved to "A", reflecting its commitment to sustainable development and innovative insurance solutions.

2 Sources

SEC Settles $4M 'AI-Washing' Case: Trading Firm Accused of Misleading Investors with False AI Claims

The SEC has settled charges with Rimar Capital for allegedly deceiving investors about its AI capabilities in crypto and stock trading, highlighting the growing concern of 'AI-washing' in the investment industry.

2 Sources

AGM Group Holdings Partners with Nowlit to Expand into AI and Crypto Markets

AGM Group Holdings Inc. has formed a joint venture with Nowlit Solutions Corp. to invest in clean energy and provide services for AI and cryptocurrency industries in North America.

2 Sources

TikTok Shifts to AI-Driven Content Moderation, Laying Off Hundreds of Human Moderators

ByteDance's TikTok is transitioning towards AI-based content moderation, resulting in the layoff of hundreds of human moderators globally, with a significant impact in Malaysia.

10 Sources

Cloudera Expands Enterprise AI Ecosystem with Hybrid Solutions and Strategic Partnerships

Cloudera strengthens its position in the enterprise AI market by expanding partnerships, focusing on hybrid data management, and leveraging AI for enhanced business insights.

3 Sources

Retail Investors Remain Cautious on AI and Election Impact, Survey Reveals

A recent survey by Public shows that retail investors are not overly excited about AI stocks and are split on how the upcoming election affects their investment strategies. The report also highlights growing interest in using AI for investment research.

2 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