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27 Nov 2024

Samsung Reshuffles Leadership Amid AI Chip Challenges and Legal Troubles

Samsung Electronics announces a major leadership reshuffle in its semiconductor division, aiming to boost competitiveness in AI chip production amid technological challenges and ongoing legal issues for its chairman.

3 Sources

Ambarella Reports Strong Q3 FY2025 Results, Driven by Edge AI Growth

Ambarella, an edge AI semiconductor company, announces significant revenue growth in Q3 FY2025, with Edge AI products contributing 70% of total revenue. The company projects continued growth in IoT and Auto markets.

2 Sources

AI in Banking: Navigating Challenges and Opportunities in Regulation, Innovation, and Customer Experience

A comprehensive look at how artificial intelligence is reshaping the banking industry, focusing on regulatory challenges, operational improvements, and the balance between innovation and customer trust.

4 Sources

OpenAI's Sora Video Generator Leaked by Protesting Artists, Raising Ethical Concerns

A group of artists participating in OpenAI's Sora video generator beta test leaked access to the tool in protest, citing concerns over exploitation and lack of compensation. The incident highlights tensions between AI developers and artists in the rapidly evolving field of AI-generated content.

26 Sources

Kastle Wins LendingTree's 2024 Innovation Challenge with AI Voice Technology for Mortgage Industry

Kastle, a San Francisco-based company, has won LendingTree's 2024 Innovation Challenge with its groundbreaking AI Voice technology, designed to revolutionize customer interactions in the mortgage industry.

2 Sources

Tech Triumphs and Tribulations: 2024's AI Ascendancy and Corporate Missteps

A comprehensive review of the tech industry's major successes and failures in 2024, highlighting AI advancements, chip wars, and corporate blunders that shaped the year.

2 Sources

ASP Isotopes Inc. Advances Silicon-28 Production for Next-Generation Semiconductors

ASP Isotopes Inc. completes construction of a Silicon-28 enrichment facility in South Africa, aiming to supply highly enriched Silicon-28 for advanced semiconductors used in quantum computing and AI.

5 Sources

Uber Ventures into AI Services with New Gig Worker-Powered Division

Uber launches Scaled Solutions, a new division offering AI training and data labeling services using gig workers, expanding its business model beyond ride-sharing into the growing AI development outsourcing market.

5 Sources

/dev/agents: Former Tech Executives Raise $56M to Build AI Agent Operating System

A group of former Google, Stripe, and Meta executives have raised $56 million to create /dev/agents, a startup aiming to develop an operating system for AI agents. The company plans to build a cloud-based platform that will work across various devices and create new user interfaces for AI interaction.

9 Sources

AI WealthTech Platform Range Secures $28 Million in Series B Funding

Range, an AI-powered wealth management platform, has raised $28 million in Series B funding to revolutionize the financial advisory industry with its AI engine, Rai.

2 Sources

WeRide Unveils Next-Generation Robotaxi Platform and Expands Global Presence

WeRide, a global leader in autonomous driving, introduces its advanced GXR Robotaxi platform and announces strategic partnerships, including integration with Uber's app in the UAE.

3 Sources

Boosted.ai Secures $15 Million to Enhance AI-Powered Investment Management Platform

Boosted.ai raises $15 million to expand Alfa, its agentic AI platform for investment managers. The funding aims to streamline workflows and automate tasks in the financial sector.

2 Sources

26 Nov 2024

ECARX Honored with SASO Award for Generative AI Contributions in Automotive Quality Assurance

ECARX receives recognition from Saudi Standards, Metrology, and Quality Organization for its innovative work in AI-driven automotive technology and quality assurance at Saudi Arabia's National Quality Conference.

2 Sources

Cursor AI Code Editor's 0.43 Update Introduces Advanced AI Agents, Challenging Competitors

Cursor, an AI-powered code editor, releases a significant update with new features including AI agents, improved UI, and advanced search capabilities, intensifying competition in the AI coding tool market.

2 Sources

Zoom Rebrands as AI-First Company, Dropping 'Video' from Its Name

Zoom, the popular video conferencing platform, has rebranded itself as an AI-first company, removing 'Video' from its official name and focusing on AI-powered workplace solutions to enhance productivity and collaboration.

5 Sources

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