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04 Nov 2024

SK Group Chairman Emphasizes AI Chip Supply Chain Collaboration and Operational Improvements

SK Group Chairman Chey Tae-won highlights the importance of partnerships with Nvidia and TSMC in the AI chip industry, and calls for operational improvements within SK companies to capitalize on the rapidly growing AI market.

2 Sources

Taiwan Semiconductor's AI Chip Demand Surges, Tripling Revenue Forecast

Taiwan Semiconductor Manufacturing (TSMC) reports unprecedented growth in AI chip demand, tripling its revenue forecast for the sector. The company's expansion into the U.S. market shows promising results, positioning TSMC as a key player in the AI revolution.

4 Sources

02 Nov 2024

Nvidia to Replace Intel in Dow Jones Industrial Average, Marking AI's Growing Influence

Nvidia, the AI chipmaker giant, is set to join the Dow Jones Industrial Average, replacing long-time member Intel. This change reflects the rising importance of AI in the tech industry and broader economy.

40 Sources

Coursera Sees Surge in Generative AI Course Enrollments, with India Leading the Way

Coursera reports a significant increase in generative AI course enrollments, with India at the forefront. The company is leveraging this trend to drive growth amidst a slowdown in the broader edtech sector.

2 Sources

Microsoft's $10 Billion Investment in CoreWeave Signals Major AI Infrastructure Push

Microsoft plans to invest $10 billion in CoreWeave, a cloud computing startup specializing in AI infrastructure, through 2030. This strategic move aims to bolster Microsoft's AI capabilities and positions CoreWeave as a significant player in the cloud computing market.

3 Sources

FERC Addresses Challenges of Co-locating AI Data Centers with Power Plants

The Federal Energy Regulatory Commission (FERC) held a technical conference to discuss the costs and reliability concerns associated with building energy-intensive data centers at U.S. power plant sites, as the tech industry races to deploy AI infrastructure.

4 Sources

Disney Launches New Tech Hub to Spearhead AI and AR Integration Across Its Entertainment Empire

Walt Disney Co. establishes the Office of Technology Enablement to coordinate AI and extended reality initiatives, aiming to enhance consumer experiences and creative projects across its diverse entertainment portfolio.

9 Sources

Amazon's AI-Powered Alexa Upgrade Faces Delays and Challenges

Amazon's ambitious plan to upgrade Alexa with advanced AI capabilities has been postponed to 2025, as the company grapples with technical challenges and fierce competition in the AI assistant market.

5 Sources

Apple Acquires Pixelmator: A Strategic Move in AI-Powered Photo Editing

Apple's acquisition of Pixelmator, a renowned photo editing app developer, signals a significant shift in the tech giant's approach to imaging software and AI-powered tools.

2 Sources

Google Executives Face Employee Concerns Over Cost Cuts at Halloween-Themed All-Hands Meeting

Google's costumed executives addressed employee concerns about potential layoffs and cost-cutting measures during a Halloween-themed all-hands meeting, following comments about further efficiencies made during the company's earnings call.

4 Sources

Preparing for the Deep Tech Wave: Challenges and Opportunities in Ireland's AI Landscape

An exploration of how employees and organizations in Ireland are adapting to the deep tech revolution, with a focus on AI and machine learning, and the challenges faced in this rapidly evolving sector.

2 Sources

Genpact Achieves AWS Generative AI Competency, Strengthening Its AI Capabilities

Genpact, a global professional services firm, has achieved the AWS Generative AI Competency in Consulting Services, enhancing its ability to implement generative AI solutions at scale for clients.

3 Sources

XPENG Sets New Delivery Record and Advances AI-Driven ADAS Technology in October 2024

XPENG, a leading Chinese smart electric vehicle company, reports record-breaking deliveries and significant advancements in AI-powered autonomous driving technology for October 2024, while expanding its presence in the MENA region.

2 Sources

AI Startups Dominate October's Biggest Funding Rounds, Led by OpenAI's $6.3B Raise

October 2024 saw significant funding for AI startups, with OpenAI securing a massive $6.3 billion round. Other AI-related companies in robotics, energy, and coding also received substantial investments, highlighting the continued investor interest in artificial intelligence technologies.

3 Sources

AI Giants Microsoft and Meta Platforms Poised for Potential Stock Splits Amid Continued Growth

Microsoft and Meta Platforms are experiencing significant growth driven by AI innovations, potentially leading to stock splits. Both companies are investing heavily in AI technologies across various products and services.

3 Sources

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