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29 Nov 2024

Huize Holding Limited to Announce Q3 2024 Financial Results: AI-Powered Insurance Platform's Performance in Focus

Huize Holding Limited, a leading AI-powered insurance technology platform in Asia, is set to release its third quarter 2024 financial results on December 10, 2024, followed by an earnings conference call.

2 Sources

Japan Allocates $9.9 Billion for Chip and AI Development in Fiscal Year 2024

Japan has earmarked an additional ¥1.5 trillion ($9.9 billion) in its extra budget to boost chip and AI development, including support for the Rapidus foundry project. This move aims to keep Japan competitive in the global race for advanced technology.

2 Sources

iDEGEN: The Controversial AI Experiment Shaking Up the Crypto World

iDEGEN, an AI agent learning exclusively from crypto traders, has sparked a frenzy in the cryptocurrency market with its unconventional approach and skyrocketing token value.

5 Sources

Indian Companies Lead in Office Work Advocacy, AI Adoption, and Workplace Transformation

A survey by JLL reveals that over 90% of top Indian companies require office presence, surpassing the global average. The study also highlights significant AI adoption and sustainability efforts in Indian workplaces.

2 Sources

Akhetonics Secures €6M Funding to Develop Revolutionary All-Optical Processor

German startup Akhetonics has raised €6 million in seed funding to develop a general-purpose optical processor that promises to revolutionize computing with improved performance and energy efficiency.

2 Sources

AI Drives Growth and Innovation Across Multiple Tech Markets

AI is powering significant growth and innovation in LiDAR, smart buildings, intelligent remote terminal units, property management, and energy markets, with forecasts predicting billions in market expansion by 2028-2030.

9 Sources

Klaviyo Crowned Best AI Marketing and Automation Software for 2024

Expert Consumers recognizes Klaviyo as the top AI-powered marketing automation platform, highlighting its advanced features and impact on business growth.

2 Sources

Amazon's Olympus: A New Multimodal AI Model Set to Rival OpenAI's Sora

Amazon is reportedly preparing to unveil Olympus, a powerful multimodal AI model capable of processing text, images, and videos. This development could significantly reduce Amazon's reliance on third-party AI models and position the company as a strong competitor in the AI race.

2 Sources

Baijiayun Partners with Alibaba's DingTalk, Advancing AI Video Solutions in Enterprise Collaboration

Baijiayun Group Ltd, an AI video solution provider, has formed an ecological cooperation with DingTalk, Alibaba's enterprise collaboration platform. This partnership aims to enhance digital services for businesses through AI-powered video technologies.

2 Sources

28 Nov 2024

India Leads in AI-Driven Sustainability Initiatives, IBM Report Reveals

IBM's State of Sustainability Readiness Report 2024 highlights India's leadership in AI-powered sustainability efforts, with 98% of Indian business leaders planning to increase IT investments for sustainability.

3 Sources

ByteDance Sues Former Intern for $1.1 Million Over Alleged AI Project Sabotage

ByteDance, TikTok's parent company, is suing a former intern for $1.1 million, accusing him of deliberately sabotaging an AI training project. The case has drawn significant attention in China's competitive AI landscape.

4 Sources

Rakovina Therapeutics Expands Private Placement to $3 Million, Leveraging AI for Cancer Drug Discovery

Rakovina Therapeutics, a biopharmaceutical company, has increased its private placement offering to $3 million. The company plans to use the funds to advance cancer treatments using AI platforms for drug discovery and development.

5 Sources

Commonwealth Bank of Australia Embraces AI to Transform Banking Operations

Commonwealth Bank of Australia (CBA) is leveraging artificial intelligence to revolutionize its banking operations, with CEO Matt Comyn emphasizing the importance of being proactive in AI adoption.

2 Sources

Panasonic Resurrects Founder Konosuke Matsushita as AI Avatar for Management Wisdom

Panasonic has created an AI clone of its late founder, Konosuke Matsushita, using his writings, speeches, and voice recordings. This digital resurrection aims to preserve and share his management philosophy with new generations.

8 Sources

Elon Musk's AI Ambitions Strain Nvidia's Chip Supply Chain

Elon Musk's Tesla and xAI are pushing Nvidia to its limits with demands for AI chips, highlighting the intense competition in the AI hardware market and the critical role of chip supply in advancing AI technology.

2 Sources

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