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12 Nov 2024

Trimble Integrates AI into Construction Management Tools, Offering Free Version of ProjectSight

Trimble unveils AI-powered features in its construction management software, including a free version of ProjectSight, to enhance efficiency and accessibility for contractors of all sizes.

2 Sources

Cogna Raises $15M for AI-Powered ERP Software Development

Cogna, a UK-based startup, has secured $15 million in Series A funding for its AI platform that claims to write custom enterprise software, particularly in the ERP space.

2 Sources

11x Secures $50 Million in Series B Funding to Revolutionize Sales with AI-Powered Digital Workers

AI startup 11x raises $50 million in Series B funding led by Andreessen Horowitz, valuing the company at $320 million. The investment aims to accelerate the development of AI-powered digital workers for sales automation.

2 Sources

Texas Instruments Unveils Edge AI-Enabled Microcontrollers for Enhanced Real-Time Control

Texas Instruments introduces two new series of real-time microcontrollers with integrated edge AI capabilities and advanced safety features, aimed at improving system efficiency and decision-making in automotive and industrial applications.

2 Sources

AI Startups Revolutionizing the IT Industry: Key Players to Watch in 2024

A comprehensive look at the most innovative AI startups shaping the IT landscape in 2024, their impact on the channel, and the opportunities they present for solution providers.

2 Sources

Japan Unveils $65 Billion Plan to Boost Domestic Chip and AI Industries

Japanese Prime Minister Shigeru Ishiba announces a massive investment plan to revitalize the country's semiconductor and AI sectors, aiming to strengthen Japan's position in the global tech industry.

4 Sources

Terry Smith's Skepticism on Nvidia: Questioning AI's Financial Future

Terry Smith, a prominent UK investor, expresses doubts about Nvidia's stock value and the future profitability of AI, despite the company's market dominance and Wall Street's optimism.

2 Sources

SoftBank Returns to Profit, Fueled by Tech Investments and AI Ambitions

SoftBank Group reports a significant quarterly profit, driven by successful tech investments and IPOs. The company signals readiness for larger AI-focused investments, highlighting its strong financial position and bullish stance on artificial intelligence.

5 Sources

Comviva and AWS Collaborate to Offer AI-Driven SaaS Solutions for Telecom Industry

Comviva partners with AWS to develop cloud-first, AI-driven SaaS products for Communication Service Providers, aiming to accelerate digital transformation and drive non-linear revenue growth.

2 Sources

11 Nov 2024

L&T Technology Services Acquires Intelliswift for $110 Million to Boost AI and Digital Engineering Capabilities

L&T Technology Services (LTTS) has announced the acquisition of Silicon Valley-based Intelliswift for $110 million, aiming to enhance its AI and software capabilities in digital engineering for global clients.

4 Sources

Alicia Boler Davis Transitions from Amazon to Lead Digital Pharmacy Alto, Introducing AI-Powered Platform

Alicia Boler Davis, former Amazon executive, takes the helm at digital pharmacy Alto, launching an AI-driven enterprise platform to revolutionize medication delivery and pharmacy services.

2 Sources

GE HealthCare and DeepHealth Collaborate to Advance AI-Powered Breast Cancer Screening

GE HealthCare and DeepHealth, a RadNet subsidiary, join forces to develop AI-driven solutions for breast cancer screening, aiming to improve early detection and streamline workflows.

2 Sources

AI's Meteoric Rise Showing Signs of Slowing: Industry Insiders Report Diminishing Returns

Recent reports suggest that the rapid advancements in AI, particularly in large language models, may be hitting a plateau. Industry insiders and experts are noting diminishing returns despite massive investments in computing power and data.

14 Sources

Nvidia's AI Dominance Fuels Optimistic Analyst Projections and Stock Surge

Analysts from Piper Sandler and Redburn Atlantic express bullish outlooks on Nvidia, citing its strong position in the AI market and potential for significant growth through 2025 and beyond.

4 Sources

China's Chip Industry Surges as TSMC Halts Advanced Chip Shipments

China's semiconductor index reaches a three-year high following U.S. restrictions on TSMC's advanced chip shipments to Chinese clients, potentially accelerating China's push for semiconductor self-reliance.

2 Sources

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