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08 Dec 2024

US Approves Export of Advanced AI Chips to UAE Under Microsoft-G42 Deal

The US government has approved the export of advanced AI chips to a Microsoft facility in the UAE, as part of Microsoft's partnership with Emirati AI firm G42. The deal faced scrutiny due to concerns about potential technology transfer to China.

3 Sources

07 Dec 2024

Fobi AI Addresses Regulatory Challenges: Cease Trade Order and Shareholding Clarification

Fobi AI, a leader in AI and data intelligence, provides updates on a cease trade order and clarifies CEO shareholdings amid regulatory scrutiny.

2 Sources

Silicon Valley Billionaires Shaping Trump's Transition: A New Era of Tech Influence in Politics

Tech billionaires, led by Elon Musk, are playing a significant role in Donald Trump's presidential transition, influencing policy decisions and government appointments. This unprecedented involvement raises questions about potential conflicts of interest and the future direction of US technology policy.

3 Sources

AI-Driven Claim Denials: The Controversial Role of Artificial Intelligence in Health Insurance

Major health insurers face scrutiny and legal challenges over their use of AI algorithms to deny claims, raising concerns about patient care and the ethics of automated decision-making in healthcare.

2 Sources

Palantir's AI-Driven Growth Sparks Debate on Future Valuation

Palantir Technologies experiences significant stock growth due to AI advancements, but analysts debate its future valuation amid high expectations and market competition.

18 Sources

US AI Task Force Co-Chair Urges FERC to Support Co-Located Data Centers for AI Development

Congressman Jay Obernolte, co-chair of the U.S. Congressional AI task force, calls on FERC to support the development of data centers directly connected to power plants, citing national security and global AI competition concerns.

2 Sources

X's AI Chatbot Grok Now Available for Free with Limited Access

Elon Musk's X platform has made its AI chatbot Grok available to all users for free, with certain limitations. This move puts Grok in direct competition with other AI chatbots like ChatGPT and Claude.

12 Sources

Meta Unveils Llama 3.3: A Powerful and Cost-Efficient AI Model

Meta has released Llama 3.3, a 70 billion parameter AI model that offers performance comparable to larger models at a fraction of the cost, marking a significant advancement in open-source AI technology.

11 Sources

Cohere and CoreWeave to Build Multibillion-Dollar AI Data Center in Canada with Government Support

Cohere Inc., an AI startup backed by Nvidia, partners with CoreWeave to construct a massive data center in Canada. The project receives significant financial support from the Canadian government as part of its AI strategy.

2 Sources

C3.ai Prepares for Q2 Earnings Release Amid Analyst Scrutiny and Industry Comparisons

C3.ai is set to report its fiscal Q2 2025 earnings, with analysts expecting a loss per share. The report comes amid mixed analyst ratings and comparisons with industry peers, highlighting the company's position in the competitive AI market.

2 Sources

HubSpot to Acquire Frame AI: Enhancing CRM with AI-Powered Conversation Intelligence

HubSpot announces acquisition of Frame AI to integrate advanced conversation intelligence into its CRM platform, aiming to transform unstructured data into actionable insights for businesses.

3 Sources

Dell Technologies Unveils AI-Driven Vision for 2025: Agentic AI, Enterprise Scaling, and Sovereign Initiatives

Dell Technologies outlines its predictions for AI advancements by 2025, focusing on agentic AI, enterprise AI scaling, and sovereign AI initiatives, with insights on how these developments will reshape technology landscapes and business strategies.

3 Sources

Wipro, SIAM.AI, and NVIDIA Collaborate to Develop AI-Powered Tourism Assistant for Thailand

Wipro, SIAM.AI, and NVIDIA have partnered to create 'Sukjai', an AI-powered digital assistant designed to enhance the travel experience for tourists in Thailand, leveraging NVIDIA's AI Enterprise platform and Wipro's WeGA Studio.

3 Sources

Booz Allen Hamilton and Palantir Technologies Forge Strategic Partnership to Enhance U.S. Defense Capabilities

Booz Allen Hamilton and Palantir Technologies announce a collaboration to accelerate defense innovation, focusing on modernizing information infrastructure and improving integrated warfighting operations with U.S. allies.

2 Sources

Shopify's AI Capabilities Drive Upgrade and Optimistic Growth Forecast

Loop Capital upgrades Shopify to 'buy', citing underappreciated AI capabilities. The e-commerce giant's use of AI for merchants and internal operations is expected to drive revenue growth and improve efficiency.

2 Sources

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