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20 Dec 2024

Accenture's Q1 FY25 Earnings Reveal Strong Growth in Generative AI, Boosting Tech Industry Outlook

Accenture's latest quarterly results show record-breaking generative AI bookings and strong overall performance, signaling positive trends for the global tech industry and AI adoption.

6 Sources

Nvidia's Global AI Chip Sales Spark Geopolitical Tensions and Regulatory Concerns

Nvidia's aggressive global expansion of AI chip sales faces potential restrictions from the Biden administration, as concerns grow over empowering adversaries and the geopolitical implications of AI technology proliferation.

2 Sources

Lumen Technologies Explores Sale of Consumer Fiber Unit, Shifts Focus to AI-Driven Growth

Lumen Technologies initiates the sale of its consumer fiber operations, aiming to reduce debt and capitalize on the AI boom. The company's strategic shift includes major contracts with tech giants and a potential multi-billion dollar deal for its fiber unit.

2 Sources

Google Prepares to Launch 'AI Mode' in Search with Gemini Integration

Google is reportedly developing an 'AI Mode' for its search engine, integrating Gemini chatbot capabilities to enhance user experience and compete with AI-powered alternatives.

10 Sources

Equinix and Dell Technologies Launch Private AI Solution for Scalable Enterprise AI Infrastructure

Equinix partners with Dell Technologies and Nvidia to offer a private AI solution enabling businesses to train AI models on public and private clouds deployed on-premises, combining advanced hardware and software for demanding AI workloads.

5 Sources

Backflip Unveils AI-Powered 3D Design Platform, Raises $30M in Funding

Backflip, an AI-powered 3D design startup, emerges from stealth with a $30 million funding round. The company's platform aims to revolutionize 3D modeling by translating user inputs into high-resolution, 3D-printable models using advanced AI technology.

5 Sources

Check Point Software Recognized as Leader in Email Security by Gartner

Check Point Software Technologies has been named a Leader in the 2024 Gartner Magic Quadrant for Email Security Platforms, highlighting its innovative AI-powered cybersecurity solutions and strong market position.

2 Sources

Patronus AI's Glider: Small Model Outperforms GPT-4 in AI Evaluation

Patronus AI releases Glider, a lightweight 3.8 billion parameter AI model that outperforms larger models in evaluating AI systems, offering speed, transparency, and on-device capabilities.

2 Sources

Visa Acquires Featurespace to Bolster AI-Powered Fraud Prevention in Digital Payments

Visa completes acquisition of Featurespace, integrating advanced AI technology to enhance fraud detection and security in digital payments without compromising user experience.

2 Sources

io.net Joins Dell Technologies Partner Program, Boosting Decentralized GPU Computing Solutions

io.net, a leading decentralized GPU computing provider, has been accepted into the Dell Technologies Partner Program, aiming to combine its GPU network with Dell's infrastructure for AI, ML, and HPC workloads.

2 Sources

ChatGPT Projects vs Custom GPTs: Enhancing Productivity with AI-Powered Tools

A comprehensive comparison of ChatGPT Projects and Custom GPTs, exploring their features, use cases, and impact on workflow efficiency.

3 Sources

Decart Secures $32M in Series A Funding, Pioneering Real-Time Generative AI and Efficient AI Infrastructure

Decart, an AI startup, raises $32M in Series A funding led by Benchmark, reaching a $500M valuation. The company focuses on AI infrastructure optimization and real-time generative AI experiences, including the popular Oasis game.

3 Sources

U.S. Government Prompts Nvidia to Investigate AI Chip Smuggling to China

The U.S. Department of Commerce has asked Nvidia to investigate how its advanced AI chips are ending up in China despite export restrictions. Nvidia has turned to distributors like Super Micro Computer and Dell to conduct spot checks on customers in Southeast Asia.

5 Sources

Palantir's Stock Soars on Extended U.S. Army Contract and AI Consortium Talks

Palantir Technologies experiences significant stock growth due to an extended U.S. Army contract worth up to $619 million and potential involvement in an AI consortium for government contracts.

4 Sources

White House Considers Federal Land for AI Data Centers Amid Energy and Competitiveness Concerns

The Biden administration is drafting plans to allow construction of massive AI data centers on federal lands, aiming to boost U.S. competitiveness in AI development while addressing energy demands and environmental concerns.

2 Sources

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