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11 Dec 2024

Google's Biggest Bet: AI Integration in Search, Says Chief Investment Officer

Google's Chief Investment Officer Ruth Porat reveals that the company's largest investment is in applying AI to its core search business, signaling a significant shift in the search experience for users.

4 Sources

GM Abandons Cruise Robotaxi Venture, Shifts Focus to Driver-Assist Technology

General Motors announces the end of its Cruise robotaxi business, citing high costs and market competition. The company will now focus on developing driver-assist systems for personal vehicles.

5 Sources

OpenAI CFO Sarah Friar Discusses Company's Future, AI Advancements, and Political Landscape

OpenAI's CFO Sarah Friar shares insights on the company's transition to a for-profit structure, rapid growth, relationship with Microsoft, and views on the incoming Trump administration's potential impact on AI development.

6 Sources

Biden Administration's Final Push on Tech Regulation: AI and Antitrust in Focus

The Biden administration is making a last-minute regulatory push, with the FTC leading efforts to investigate AI investments and potential antitrust violations in the tech industry before the transition to the Trump administration.

2 Sources

EU Unveils €1.5 Billion Investment in Seven AI Factories Across Europe

The European Union has announced plans to establish seven AI Factories across Europe, investing €1.5 billion to boost AI capabilities and compete with global tech giants. The initiative aims to double Europe's AI computing capacity by 2026.

3 Sources

Meta Partners with Oracle Cloud to Enhance Llama AI Model Training

Meta signs a major deal with Oracle to use its cloud infrastructure for training and deploying the Llama language model family, marking a significant collaboration in the AI industry.

2 Sources

Stainless Secures $25M Series A Funding to Revolutionize API Integration with AI-Generated SDKs

Stainless, a startup focused on API integration, has raised $25 million in Series A funding to expand its AI-powered SDK generator. The company aims to simplify API development for developers and cater to the growing demand for robust API tools in the AI era.

3 Sources

STMicroelectronics Launches STM32N6: A Powerful Edge AI Microcontroller Series

STMicroelectronics introduces the STM32N6, a new microcontroller series with embedded AI capabilities, aiming to revolutionize edge computing in consumer and industrial applications.

4 Sources

Baijiayun Group Secures $65 Million in Financing for AI Video Solutions Expansion

Baijiayun Group Ltd, an AI video solution provider, has entered into a $50 million Standby Equity Purchase Agreement and secured up to $15 million in convertible promissory notes to fund its growth and development.

2 Sources

Hyperbolic Raises $12M to Launch Decentralized GPU Marketplace for AI Computing

Hyperbolic secures $12 million in Series A funding to advance its decentralized AI infrastructure, including a GPU marketplace and inference services, aiming to revolutionize access to AI computing resources.

2 Sources

Harte Hanks Partners with Reddy to Enhance Customer Care Using AI-Driven Solutions

Harte Hanks, a global customer experience company, collaborates with Reddy, an AI-powered contact center coaching platform, to revolutionize customer care operations through advanced training and automation.

2 Sources

Gentrace Raises $8M to Revolutionize AI App Testing and Collaboration

Gentrace, a developer platform for testing and monitoring AI applications, has secured $8 million in Series A funding to expand its LLM testing capabilities and make AI development more accessible to non-technical teams.

2 Sources

AI Language Learning Startup Speak Raises $78M, Achieves Unicorn Status at $1B Valuation

Speak, an AI-driven language learning platform, secures $78 million in Series C funding, doubling its valuation to $1 billion. The startup uses advanced AI tools to focus on spoken conversation, aiming to revolutionize language education.

6 Sources

AI Startup's "Stop Hiring Humans" Ad Campaign Sparks Controversy in San Francisco

Artisan, an AI startup, launches a provocative billboard campaign in San Francisco with the tagline "Stop Hiring Humans," igniting debate about AI's impact on employment and ethical marketing practices.

7 Sources

Gryphon Digital Mining Secures Natural Gas Assets for Bitcoin Mining and AI Operations

Gryphon Digital Mining signs a definitive agreement to acquire natural gas assets in Canada, aiming to secure low-cost power for bitcoin mining and AI operations with initial 100 MW capacity, expandable to 1 GW.

2 Sources

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