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07 Nov 2024

Class Action Lawsuit Filed Against AI Company iLearningEngines Over Alleged Financial Misrepresentation

A class action lawsuit has been filed against iLearningEngines, an AI-driven learning platform, alleging significant financial misrepresentation and the use of undisclosed related parties to report inflated revenue figures.

7 Sources

Meta's Ray-Ban Smart Glasses: Revolutionizing Everyday Tech with AI and AR

Meta's Ray-Ban smart glasses combine AI capabilities with stylish design, offering features like hands-free photography, AI assistance, and audio playback. While current models have limitations, future versions promise more advanced AR functionality.

4 Sources

Apple in Talks with Foxconn and Lenovo to Build AI Servers for Apple Intelligence

Apple is reportedly in discussions with Foxconn and Lenovo to manufacture AI servers using Apple Silicon, aiming to power its Apple Intelligence services and boost its AI capabilities.

4 Sources

UK Government Launches AI Safety Platform to Boost Business Trust and Innovation

The UK government has introduced a new AI safety platform to help businesses develop and use AI responsibly, aiming to make the country a global hub for AI expertise and innovation.

3 Sources

06 Nov 2024

36Kr and Soften Launch AI-Powered News Hub for A-Share Market Investors

36Kr Holdings Inc. partners with Soften Corporation to create an innovative AI-driven news hub, providing retail investors with tailored market intelligence previously available only to institutional investors.

3 Sources

One Stop Systems Appoints New CFO Amid AI-Focused Growth Strategy

One Stop Systems, a leader in AI Transportable solutions, announces Daniel Gabel as its new CFO, signaling a strategic shift towards AI and ML markets in defense and commercial sectors.

2 Sources

Nxtra by Airtel Pioneers AI Integration in Indian Data Centers for Enhanced Efficiency

Nxtra by Airtel, a leading Indian data center company, becomes the first in the country to deploy AI for smarter and more sustainable operations. The company plans to invest Rs 5,000 crore to double its capacity in the next three years.

4 Sources

IIM Kozhikode and Emeritus Launch AI-Focused Management Programmes for Future Leaders

IIM Kozhikode partners with Emeritus to launch two management programmes focusing on AI and digital transformation, aiming to equip future leaders with skills to navigate the evolving business landscape.

3 Sources

Google Accidentally Leaks 'Jarvis': An AI Agent Set to Revolutionize Web Browsing

Google inadvertently revealed its upcoming AI project, Jarvis, through a brief listing on the Chrome Web Store. This AI agent, designed to automate web tasks, represents a significant advancement in Google's AI capabilities and hints at the future of web browsing.

13 Sources

CleverTap Report Reveals AI Challenges and Opportunities in Banking Customer Engagement

A new report by CleverTap highlights the struggles of banking executives with data silos and AI-driven personalization, while offering insights on how AI can transform customer engagement in the banking sector.

4 Sources

Tesla's Stock Soars on AI Potential and Trump's Election Victory

Tesla's stock price surges following Donald Trump's election victory, with analysts highlighting the company's AI and autonomous driving potential as key factors for future growth.

13 Sources

AudioCodes Reports Q3 2024 Results: Growth in AI and Cloud Services Amid Overall Revenue Decline

AudioCodes, a provider of unified communications and AI solutions, reported its Q3 2024 financial results, showing a slight revenue decline but growth in services and AI-related offerings. The company continues its transformation towards cloud software and services with a focus on recurring revenue.

4 Sources

Salesforce India Hits $1 Billion Milestone, Expands AI-Driven Growth with New Tower

Salesforce India achieves $1 billion in revenue, grows 36% year-over-year, and announces plans for a new Salesforce Tower in Bengaluru, emphasizing AI-driven growth and expansion in the country.

2 Sources

iCAD Announces Q3 2024 Financial Results Release and Participation in Craig-Hallum Conference

iCAD, a leader in AI-powered cancer detection, sets date for Q3 2024 financial results and plans to attend the Craig-Hallum Alpha Select Conference, showcasing its commitment to AI innovation in healthcare.

2 Sources

Perplexity AI Secures $500M Funding, Valuation Soars to $9 Billion Amid AI Search Engine Boom

Perplexity AI, an AI-powered search engine startup, is finalizing a $500 million funding round led by Institutional Venture Partners, potentially valuing the company at $9 billion. This significant investment highlights the growing interest in AI-driven search technologies and Perplexity's rapid ascent in the competitive landscape.

6 Sources

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