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13 Nov 2024

Taboola Expands Partnerships and Investor Outreach in AI-Powered Recommendation Space

Taboola, a leader in AI-powered web recommendations, announces participation in investor conferences and a new exclusive deal with The Weather Company, showcasing its growth in the digital advertising and content recommendation sector.

2 Sources

The Evolving Landscape of AI: Open Models Closing the Gap as LLMs Hit Scaling Limits

Recent developments suggest open-source AI models are rapidly catching up to closed models, while traditional scaling approaches for large language models may be reaching their limits. This shift is prompting AI companies to explore new strategies for advancing artificial intelligence.

5 Sources

Ceva, Inc. to Showcase Smart Edge AI Technologies at Upcoming Investor Events

Ceva, Inc., a leading licensor of silicon and software IP for Smart Edge devices, announces participation in CES 2025 and the 27th Annual Needham Growth Conference, highlighting their innovative AI and connectivity solutions.

2 Sources

Credo and Net One Systems Partner to Introduce Active Electrical Cables for AI Infrastructure in Japan

Credo Technology Group Holding Ltd partners with Net One Systems to bring innovative HiWire Active Electrical Cables (AECs) to the Japanese market, targeting the growing demand for high-bandwidth, low-power solutions in AI and data center infrastructure.

2 Sources

Fastino Launches with $7M to Revolutionize Enterprise AI with CPU-Optimized Models

Fastino, a new AI startup, emerges with $7 million in funding to develop task-optimized AI models that run efficiently on CPUs, promising high performance and lower costs for enterprises.

2 Sources

Phison Unveils Groundbreaking 128TB PCIe Gen5 SSD for Data Centers and AI Applications

Phison introduces the Pascari D205V, a 128TB PCIe Gen5 SSD designed for data centers, offering unprecedented storage capacity and performance for AI, entertainment, and research applications.

9 Sources

PointFive Secures $20M Series A Funding for AI-Powered Multi-Cloud Cost Optimization

PointFive, a cloud cost optimization startup, raises $20 million in Series A funding led by Salesforce Ventures. The company's AI-driven platform aims to revolutionize cloud spend management across multiple cloud environments.

2 Sources

Red Hat Acquires Neural Magic to Enhance AI Performance Across Hybrid Cloud Environments

Red Hat, an open-source solutions provider, has acquired Neural Magic, a company specializing in AI optimization. This acquisition aims to improve AI performance and accessibility across hybrid cloud environments, focusing on large language models and generative AI workloads.

4 Sources

Amcor Launches New AI-Focused Open Innovation Initiatives: Lift-Off Sprints and Connect

Amcor, a global packaging leader, introduces two new open-call programs to foster innovation in R&D and emerging technologies, with a focus on AI applications in manufacturing and research.

2 Sources

Rising Smartphone Prices: The Impact of AI and Advanced Technology

Smartphone prices are set to increase due to the integration of advanced AI capabilities, 5G technology, and more powerful components, with premium devices expected to see at least a 5% price hike.

2 Sources

TSMC's 5nm and 3nm Production Lines Fully Booked Until 2025, Driven by AI Chip Demand

TSMC's advanced chip production lines are at full capacity due to high demand for AI chips and mobile processors. This highlights TSMC's dominance in the semiconductor industry and the growing importance of AI technology.

2 Sources

LG Electronics and Tenstorrent Expand AI Chip Partnership for Smart Home and Beyond

LG Electronics and Tenstorrent have expanded their collaboration to develop AI chips for various applications, including smart home solutions and future mobility, leveraging Tenstorrent's RISC-V and AI technologies.

3 Sources

12 Nov 2024

Trend Micro Reports Strong Q3 2024 Earnings, Driven by AI-Powered Solutions and Platform Adoption

Trend Micro announces 6% year-over-year growth in Q3 2024, with increased demand for AI-powered cybersecurity solutions and platform adoption. The company reports improved financial performance and strategic focus on proactive cybersecurity through AI innovations.

2 Sources

Apple's Smart Home Camera: Blending Privacy and AI for 2026 Launch

Apple is set to enter the smart home camera market in 2026, promising a device that combines advanced privacy features with AI-driven capabilities, potentially reshaping the industry with its ecosystem integration and focus on user security.

5 Sources

Gartner Forecasts 11.2% Growth in India's IT Spending for 2025, with GenAI Driving Software Sector

Gartner predicts India's IT spending will reach $160 billion in 2025, with a significant focus on generative AI technologies. The forecast highlights the impact on various IT sectors and potential job market changes.

2 Sources

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