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19 Dec 2024

Sony's AI Innovation: Custom Hardware and Collaboration with AMD for Next-Gen Gaming Graphics

Sony develops custom AI hardware for PS5 Pro and partners with AMD on Project Amethyst, aiming to advance machine learning in gaming graphics and performance.

9 Sources

AI in 2025: Growth, Challenges, and the Quest for ROI

A comprehensive look at the expected developments in AI technology for 2025, including advancements in various sectors, regulatory challenges, and the increasing focus on return on investment.

5 Sources

Quantum Corporation's Stock Soars on New GPU-Optimized File System Client for AI and HPC Applications

Quantum Corporation's stock surges following the announcement of a new parallel file system client for its Myriad all-flash system, designed to enhance NVIDIA GPUDirect Storage capabilities for AI, ML, and HPC workloads.

4 Sources

Oklo's Massive Nuclear Power Deal with Switch: AI's Energy Demands Fuel Nuclear Renaissance

Oklo, a nuclear startup chaired by OpenAI's Sam Altman, signs a major 20-year power supply deal with data center operator Switch, highlighting the growing energy demands of AI and the potential role of advanced nuclear technology in meeting them.

2 Sources

AI-Powered Phishing Attacks Surge: SlashNext Report Reveals 703% Increase in Credential Theft

SlashNext's 2024 Phishing Intelligence Report highlights a dramatic rise in AI-driven phishing attacks, with credential theft attempts soaring by 703% in the latter half of the year. The report underscores the growing sophistication of cybercriminal tactics and the urgent need for advanced security measures.

2 Sources

Bureau Secures $30 Million in Series B Funding to Combat AI-Powered Fraud with Advanced Risk Intelligence Platform

Bureau, an AI-driven risk intelligence platform, has raised $30 million in Series B funding to expand its fraud prevention capabilities globally. The round was led by Sorenson Capital with participation from PayPal Ventures and other investors.

5 Sources

AI Market Growth Across Education, Cloud, Energy, and Sports Sectors

A comprehensive look at the projected growth and applications of AI across various industries including education, cloud computing, energy, and sports, highlighting key players and market dynamics.

4 Sources

AI Stock Pickers: The New Wall Street Buzz Destined for Disappointment

Bloomberg Opinion Columnist Nir Kaissar argues that AI-driven investment products, despite the hype, are likely to underperform expectations in stock picking.

2 Sources

AI Unlimited Group Acquires BeyondTrade Securities, Enhancing AI-Powered Investment Platform

AI Unlimited Group has entered a binding agreement to acquire BeyondTrade Securities, a licensed broker-dealer, for $2.95 per share. This strategic move aims to strengthen the company's Nest Egg platform by expanding into regulated financial services.

2 Sources

18 Dec 2024

Suki AI Expands Partnership with Google Cloud to Revolutionize Clinical Assistance

Suki, a health-care AI startup, announces an expanded collaboration with Google Cloud to develop advanced patient summary and Q&A features, aiming to reduce administrative burdens for clinicians and improve patient care.

2 Sources

SandboxAQ Raises Over $300 Million, Valued at $5.6 Billion for Quantum AI Development

SandboxAQ, an AI startup specializing in quantum technology applications, has secured over $300 million in funding, reaching a valuation of $5.6 billion. The company aims to accelerate the development of advanced AI systems for various industries.

7 Sources

Google's TPUs Challenge NVIDIA's AI Chip Dominance as Demand Surges

Omdia research reveals Google's Tensor Processing Units (TPUs) are gaining significant market share in the AI chip industry, potentially challenging NVIDIA's long-standing dominance.

2 Sources

Vultr Secures $333M Funding, Reaching $3.5B Valuation with AMD Backing for AI Infrastructure Expansion

Cloud infrastructure provider Vultr raises $333 million in its first equity funding round, achieving a $3.5 billion valuation. The investment, co-led by LuminArx Capital Management and AMD Ventures, aims to boost Vultr's AI infrastructure and expand its global data center footprint.

7 Sources

Samsung Expands AI Integration in Home Appliances, Bringing 'Screens Everywhere' Vision to Life

Samsung announces the expansion of its 'AI Home' technology across multiple home appliances, including refrigerators, ovens, washers, and dryers, as part of its 'Screens Everywhere' vision. This move aims to enhance user experience and create a more interconnected smart home ecosystem.

2 Sources

Synaptics to Showcase Astra AI-Native Platform at CES 2025, Democratizing Edge AI Development

Synaptics will demonstrate its Astra IoT platform and Veros connectivity portfolio at CES 2025, aiming to accelerate Edge AI development across various markets.

4 Sources

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