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10 Dec 2024

Automattic Acquires WPAI: AI Integration Set to Transform WordPress Ecosystem

Automattic, the company behind WordPress, has acquired WPAI, an AI solutions startup, to enhance WordPress with innovative AI features. This move aims to redefine how users and developers interact with the popular content management system.

2 Sources

TSMC Reports 34% Revenue Surge in November, Driven by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (TSMC) posted a 34% year-over-year revenue increase in November, reaching $8.5 billion, fueled by strong demand for AI chips and advanced manufacturing processes.

6 Sources

Amazon Launches AGI SF Lab to Develop Advanced AI Agents

Amazon establishes a new research and development laboratory in San Francisco, focusing on creating AI agents capable of performing actions in both digital and physical environments. The lab, led by former Adept co-founder David Luan, aims to advance artificial general intelligence (AGI) capabilities.

4 Sources

Serve Robotics CEO Sells Shares Amid Company Expansion and Criticism

Serve Robotics' CEO Ali Kashani sells $278,776 in stock as the company faces both growth and skepticism. Recent developments include a controversial acquisition, new executive appointments, and the unveiling of next-generation delivery robots.

2 Sources

Jinxin Technology Holding Company Raises $5 Million in NASDAQ IPO, Highlighting AI-Powered Digital Content Services

Jinxin Technology Holding Company, a Chinese digital content provider leveraging AI technology, has successfully closed its initial public offering on NASDAQ, raising $5 million to fuel its growth in the educational technology sector.

2 Sources

ON24 Executives Sell Shares Amid Company's Push for AI-Driven Growth and Profitability

ON24's top executives, including the EVP, CTO, and CFO, have sold company stock as part of pre-arranged trading plans. Meanwhile, the company reports strong Q3 results and sets ambitious goals for AI-powered growth and profitability by 2025.

3 Sources

Silver Lake Group Divests $215 Million in Dell Technologies Stock Amid AI-Driven Growth

Silver Lake Group sells a significant portion of its Dell Technologies stock, totaling approximately $215 million, as Dell reports strong earnings growth driven by AI infrastructure and server solutions.

3 Sources

US Law Firms Embrace AI: Balancing Innovation with Ethical Concerns

US law firms are increasingly adopting AI technologies to enhance efficiency and competitiveness, while navigating complex ethical and practical challenges. This trend is reshaping legal practices and education.

7 Sources

Databricks Unveils Synthetic Data API to Streamline AI Agent Evaluation

Databricks introduces a new API for generating synthetic datasets, aimed at simplifying and accelerating the evaluation process for AI agents. This tool is integrated into their Mosaic AI Agent Evaluation platform, offering developers a more efficient way to create high-quality artificial datasets.

2 Sources

LG Electronics Partners with will.i.am to Transform XBOOM Audio Brand

LG Electronics collaborates with musician and tech entrepreneur will.i.am to launch "XBOOM by will.i.am," a new line of AI-integrated audio products set to debut at CES 2025.

2 Sources

Oracle's Q2 Results: Cloud Growth and AI Ambitions Amid Stock Slide

Oracle's fiscal Q2 2025 results show strong cloud and AI growth, but missed analyst expectations, causing a stock dip. The company emphasizes its position in AI infrastructure and future collaborations.

12 Sources

Dell and CoreWeave Forge Strategic Partnership to Advance AI Infrastructure

Dell Technologies and AI hyperscaler CoreWeave announce a strategic partnership to deliver advanced AI infrastructure, featuring Dell's liquid-cooled servers with NVIDIA GPUs to meet the growing demand for high-performance cloud environments in AI development.

3 Sources

Wolters Kluwer Appoints Mark Sherwood as New CIO to Spearhead AI-Driven Digital Transformation

Wolters Kluwer, a global leader in professional information and software solutions, has appointed Mark Sherwood as Executive Vice President & Chief Information Officer to lead its enterprise technology infrastructure and AI-driven transformation.

2 Sources

AI Video Generators: Revolutionizing Content Creation and Filmmaking in 2024-2025

AI-powered video generation tools are transforming the content creation landscape, offering time and cost savings while maintaining high-quality output. This article explores the top AI video generators and their impact on various industries.

2 Sources

Former OpenAI Lead Launches WaveForms AI: A $200M Venture into Empathetic Audio AI

Alexis Conneau, a former OpenAI researcher, has launched WaveForms AI with $40 million in seed funding to develop emotionally intelligent audio AI, aiming to revolutionize human-AI interactions.

8 Sources

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