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14 Nov 2024

Supreme Court Likely to Allow Class-Action Lawsuit Against Nvidia Over Cryptocurrency Chip Sales

The U.S. Supreme Court appears inclined to let a class-action lawsuit proceed against Nvidia, accusing the tech giant of misleading investors about its reliance on cryptocurrency mining chip sales. The case highlights the intersection of AI, cryptocurrency, and corporate disclosure practices.

3 Sources

Solidigm Unveils World's Highest Capacity 122TB SSD for AI Workloads

Solidigm introduces the D5-P5336, a 122TB PCIe SSD designed for AI and data-intensive workloads, offering unprecedented storage capacity and efficiency for data centers.

5 Sources

Upwave Appoints AI and Advertising Measurement Expert Peter Daboll to Advisory Program

Upwave, a leading brand advertising analytics platform, welcomes Peter Daboll to its Advisory Program. Daboll brings over 25 years of experience in advertising measurement and AI-driven solutions, set to enhance Upwave's capabilities in brand analytics.

2 Sources

Recursion and Exscientia Shareholders Approve Merger, Paving Way for AI-Driven Drug Discovery Powerhouse

Shareholders of Recursion and Exscientia have overwhelmingly approved their proposed merger, set to close on November 20, 2024. This combination aims to accelerate drug discovery by integrating advanced AI and machine learning technologies.

2 Sources

OpenAI Proposes US-Led Global Alliance for AI Infrastructure Development

OpenAI has presented a policy blueprint suggesting a US-led global alliance to build AI infrastructure, aiming to compete with China and revitalize the American economy through strategic AI investments and collaborations.

4 Sources

AMD Cuts 4% of Workforce to Refocus on AI Chip Development

AMD announces layoffs of 1,000 employees as part of a strategic shift to prioritize AI chip development and compete with Nvidia in the growing AI hardware market.

13 Sources

Microsoft President Warns of China's Rapid Tech Advancements, Emphasizes Need for US-Europe Collaboration

Microsoft President Brad Smith highlights China's technological progress, warns against underestimating their capabilities, and calls for stronger US-Europe collaboration in AI and tech development.

2 Sources

Global GPU Market Set to Reach $100 Billion in 2024, Driven by AI Boom

The global GPU market is expected to hit $100 billion by the end of 2024, largely due to the surge in AI technology demand. NVIDIA leads the charge, with its AI GPU sales potentially exceeding $90 billion.

3 Sources

Nvidia's AI Dominance and Missed Opportunities: Insights from Masayoshi Son and Jensen Huang

A detailed look at recent discussions between Nvidia CEO Jensen Huang and SoftBank's Masayoshi Son, highlighting Nvidia's AI market dominance, missed investment opportunities, and future AI collaborations.

7 Sources

Apple Gains Ground in AI Race as Competitors Face Growth Challenges

As major AI companies like OpenAI and Google encounter obstacles in improving their models, Apple's gradual rollout of AI features through Apple Intelligence is gaining momentum, potentially reshaping the competitive landscape.

3 Sources

SoundHound AI: Surging Revenue and Market Potential Amidst Stock Volatility

SoundHound AI, a voice AI solutions provider, reports strong Q3 2024 results with 89% revenue growth, but faces stock volatility despite positive performance and raised guidance for 2024 and 2025.

9 Sources

SAS Acquires Hazy's Synthetic Data Technology to Enhance AI Capabilities

SAS, a global data and AI company, has acquired the software assets of Hazy, a synthetic data technology company, to strengthen its AI and data management portfolio. The integration aims to provide businesses with advanced synthetic data generation capabilities, addressing growing demand for AI solutions.

3 Sources

13 Nov 2024

Genpact Recognized as Leader in Insurance Business Process Transformation, Leveraging AI Innovations

Genpact has been named a Leader in Avasant's 2024 Insurance Business Process Transformation RadarView report, highlighting its expertise in AI-driven insurance transformations that enhance agility and competitiveness.

2 Sources

Legacy Tech and AI Pose Mounting Challenges for UK IT and Security Teams

A new Google Workspace survey reveals that UK IT and security teams are facing increased pressure due to legacy technology and the rise of generative AI, leading to higher costs of data breaches and burnout among professionals.

2 Sources

The Rise of AI in Job Applications: Opportunities and Challenges

AI tools are reshaping the job application process, offering both advantages and potential pitfalls for job seekers and recruiters alike. While these tools can streamline applications, they also raise concerns about authenticity and fairness in hiring.

3 Sources

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