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31 Dec 2024

Nvidia Completes Acquisition of Run:ai, Plans to Open-Source AI Infrastructure Software

Nvidia finalizes its $700 million acquisition of Israeli AI startup Run:ai, overcoming regulatory scrutiny. The deal aims to enhance AI infrastructure management, with plans to open-source Run:ai's software for broader ecosystem access.

13 Sources

30 Dec 2024

Syntiant Acquires Knowles' MEMS Microphone Division, Strengthening Position in Edge AI Audio Solutions

Syntiant, a leader in edge AI, has acquired Knowles Corporation's Consumer MEMS Microphones division for $150 million, expanding its capabilities in AI-enabled audio and voice interfaces.

2 Sources

Lightchain AI: The Rising Star in Crypto Presales Blending AI and Blockchain

Lightchain AI, a new cryptocurrency project combining artificial intelligence and blockchain technology, has raised over $8 million in its presale, attracting attention for its potential high returns and innovative approach to decentralized applications.

8 Sources

Intuit TurboTax Launches AI-Powered "Now This Is Taxes" Campaign for Revolutionized Tax Filing

Intuit introduces a new AI-driven tax filing experience with TurboTax, offering 'done-for-you' services at competitive prices. The campaign showcases how AI and expert knowledge combine to transform the tax preparation industry.

2 Sources

AI's Rapid Advancement in 2024: Progress, Profits, and Pushback

In 2024, AI made significant strides in capabilities and adoption, driving massive profits for tech companies. However, concerns about safety, regulation, and societal impact also grew.

13 Sources

PwC's Chief AI Officer Predicts Rapid AI Integration Across Industries by 2025

Dan Priest, PwC's new Chief AI Officer, discusses the widespread adoption of AI in businesses, its impact on business models, and the potential risks and rewards of AI integration.

5 Sources

Nvidia Supplier Ibiden Considers Accelerating Expansion to Meet Surging AI Chip Demand

Ibiden, a key supplier for Nvidia's AI chip substrates, is weighing faster production capacity expansion to keep up with robust demand. The move highlights the growing AI chip market and its impact on the semiconductor supply chain.

3 Sources

AI Data Centers Potentially Disrupting US Power Grid, Raising Concerns

A new report suggests that the rapid growth of AI-driven data centers is causing power distortions in nearby residential areas, potentially leading to electrical issues and grid instability.

2 Sources

AI's Next Frontier: The Rise of the 'Intention Economy' and Its Potential Impact on User Privacy

Researchers warn of a new 'intention economy' where AI tools could predict, manipulate, and sell user intentions, raising concerns about privacy and ethical implications in the evolving landscape of artificial intelligence.

3 Sources

Nvidia Sets Sights on Robotics Market with Upcoming Jetson Thor Launch

Nvidia, the AI chip giant, is strategically expanding into robotics with plans to launch Jetson Thor in 2025, aiming to capitalize on the growing robotics market amid increasing AI chip competition.

10 Sources

Jio Platforms Partners with Nvidia to Democratize AI in India

Jio Platforms is collaborating with Nvidia to develop affordable AI solutions, aiming to make AI as accessible as mobile data in India. The company plans to offer GPU-as-a-service and personalized AI applications, potentially disrupting the AI market.

4 Sources

Intel Plans 24GB Battlemage GPU for AI and Productivity Markets by 2025

Intel is reportedly developing a new 24GB Battlemage GPU, targeting AI and professional markets. This move signifies Intel's expansion into high-memory GPUs for advanced computing tasks, scheduled for release in 2025.

4 Sources

Lightchain AI: Emerging Crypto Project Combines AI and Blockchain Amid Market Fluctuations

Lightchain AI, a new cryptocurrency project integrating AI and blockchain, gains traction in its presale phase, raising over $8 million despite overall market dips. The project promises innovative solutions and potential high returns, attracting investor interest.

37 Sources

AMD's AI Ambitions: Challenging Nvidia's Dominance in the Booming AI Chip Market

Advanced Micro Devices (AMD) is positioning itself as a strong contender in the AI chip market, with significant growth in its data center segment and strategic moves to challenge Nvidia's dominance.

5 Sources

Indian Manufacturers Embrace AI and IoT, Yet Tech Budgets Remain Low

Indian manufacturers are increasingly adopting advanced technologies like AI, IoT, and robotics to boost competitiveness, but many still allocate less than 10% of their budgets to tech investments. A shift towards higher tech spending is expected in the coming years.

2 Sources

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