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10 Oct 2024

Accenture Research Reveals AI-Led Companies Outperform Peers in Revenue Growth and Productivity

New Accenture study shows companies with AI-led processes achieve higher revenue growth and productivity, with generative AI investments meeting or exceeding expectations for most organizations.

3 Sources

Lantronix Unveils Five New AI-Powered System-in-Package Solutions in Collaboration with Qualcomm

Lantronix Inc. announces five new System-in-Package (SiP) solutions powered by Qualcomm Technologies' chipsets, bringing advanced AI and ML capabilities to edge computing for industrial and enterprise applications.

2 Sources

Hugging Face Launches Gradio 5: Simplifying AI-Powered Web App Development

Hugging Face releases Gradio 5, a major update to its open-source tool for creating machine learning applications, featuring enhanced security, an AI Playground, and improved accessibility for developers.

2 Sources

Etsy Bets on AI to Boost Sales Amid Economic Uncertainty

Etsy's CFO Rachel Glaser and CEO Josh Silverman discuss the company's AI initiatives to drive growth and customer engagement in the face of economic challenges.

2 Sources

Unisys Expands in India, Investing Heavily in AI and Quantum Computing

Unisys, a multinational technology company, is expanding its presence in India, leveraging the country's talent pool for AI and quantum computing initiatives. The company sees India as a crucial part of its global supply chain and is investing in new offices and research projects.

2 Sources

Adobe Unveils GenStudio for Performance Marketing and Enhances Express Platform with AI-Powered Features

Adobe launches GenStudio for Performance Marketing and introduces new AI-powered features to Adobe Express, aiming to accelerate content creation and campaign delivery for enterprises.

5 Sources

Global Contact Centers Embrace AI and Automation to Enhance Customer Experience

A new ISG report reveals that enterprises worldwide are increasingly outsourcing contact center functions and adopting advanced technologies like AI and automation to improve customer service while reducing costs.

5 Sources

OpenAI Seeks Dismissal of Elon Musk's Lawsuit, Calling it a 'Harassment Campaign'

OpenAI has filed a motion to dismiss Elon Musk's lawsuit, characterizing it as a harassment campaign aimed at gaining competitive advantage for Musk's own AI company.

2 Sources

Utility Stocks Surge on AI-Driven Energy Demand: Vistra and Constellation Energy Lead the Charge

Utility companies like Vistra and Constellation Energy are experiencing unprecedented stock growth, outpacing even tech giants like Nvidia, as the AI boom drives demand for clean, reliable power for data centers.

4 Sources

HII Leads CHIPS Act Microelectronics Project to Boost US Semiconductor Capabilities

HII's Mission Technologies division will spearhead a key microelectronics project under the CHIPS and Science Act, developing a Digital Direct Waveform Synthesizer to enhance US semiconductor manufacturing and reduce foreign dependence.

2 Sources

Amazon's AI Ambitions: From Shopping Guides to Autonomous Agents

Amazon unveils plans for AI-powered shopping guides and explores the development of autonomous AI shopping agents, signaling a significant shift in e-commerce and raising questions about the future of online shopping.

3 Sources

OpenAI Considers Corporate Restructure Amid Valuation Surge and Ethical Concerns

OpenAI, valued at $157 billion, is contemplating a shift from its nonprofit structure to a for-profit model, raising questions about its commitment to its original mission and the potential legal and ethical implications of such a change.

22 Sources

Amazon Unveils AI-Powered VAPR System to Revolutionize Package Delivery Efficiency

Amazon introduces Vision Assisted Package Retrieval (VAPR), an AI-driven tool designed to streamline package delivery by helping drivers quickly locate parcels in their vans using computer vision technology.

7 Sources

Amazon Web Services VP of AI Matt Wood Departs After 15 Years

Matt Wood, a key figure in AWS's AI and machine learning initiatives, announces his departure from Amazon after 15 years, marking another significant executive change in the cloud giant's leadership.

3 Sources

ServiceNow and Zoom Integrate AI Technologies to Enhance Enterprise Productivity

ServiceNow and Zoom announce a strategic alliance to integrate their generative AI technologies, aiming to streamline workflow automation and boost enterprise productivity.

5 Sources

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