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05 Dec 2024

Cake Raises $13M to Democratize Open-Source AI Infrastructure for Businesses

Cake, a managed open-source AI infrastructure platform, secures $13 million in funding to help businesses of all sizes adopt cutting-edge AI technologies without extensive engineering resources.

2 Sources

Pure Storage Soars on Landmark AI Hyperscaler Deal, Signaling Shift in Data Storage Landscape

Pure Storage's stock surges 22% after announcing a groundbreaking contract with a top-four AI hyperscaler, marking a significant shift in the data storage industry and highlighting the growing importance of flash storage in AI infrastructure.

3 Sources

Experian Forecasts AI-Driven Cybersecurity Threats for 2025

Experian's 12th Annual Data Breach Industry Forecast highlights emerging cybersecurity risks, including AI-powered attacks, teen hackers, and insider threats, predicting significant challenges for businesses and consumers in 2025.

2 Sources

Akash Systems Signs $27 Million Deal with NxtGen for Revolutionary Diamond-Cooled AI Servers

Akash Systems, a pioneer in diamond cooling technology, has secured a $27 million contract with NxtGen Datacenter to supply energy-efficient AI servers across India, promising to revolutionize data center performance and sustainability.

4 Sources

Woolworths' AI-Driven Productivity Framework Sparks Labor Dispute and Empty Shelves

A labor dispute at Woolworths supermarkets in Australia, centered around the implementation of AI-driven productivity measures, has led to empty shelves and raised questions about the future of workplace automation.

2 Sources

04 Dec 2024

Enterpret Raises $20.8M to Revolutionize Customer Feedback Analysis with AI

Enterpret, an AI-powered customer feedback analytics platform, secures $20.8 million in Series A funding to transform how companies interpret and utilize customer insights for product development and business growth.

4 Sources

GROWL Unveils AI-Powered Interactive Boxing Coach for Home Fitness

GROWL, a connected fitness startup, has emerged from stealth with $4.75 million in funding to launch an AI-powered, life-sized interactive boxing and fitness coach for home use, combining advanced technology with immersive workout experiences.

2 Sources

Tim Cook Unveils Apple's AI Strategy: Balancing Innovation with Privacy

Apple CEO Tim Cook discusses the company's approach to AI, emphasizing privacy, utility, and seamless integration in a recent interview. He also addresses Vision Pro sales and his future at Apple.

11 Sources

BlackRock Bets on AI-Driven Stock Rally, Adjusts Investment Strategy for 2025

BlackRock Investment Institute goes further 'overweight' on U.S. equities, citing AI adoption as a key driver for market growth. The firm also adjusts its stance on various asset classes in preparation for 2025.

3 Sources

System Two Security Raises $7M to Combat GenAI-Powered Cyberattacks with AI-Driven Detection Engineering

System Two Security, a cybersecurity startup, has secured $7 million in funding to develop AI-powered tools that automate and enhance detection engineering, aiming to counter the rising threat of GenAI-powered cyberattacks.

2 Sources

Alphawave Semi Joins UALink Consortium to Advance High-Speed AI Connections

Alphawave Semi, a leader in high-speed connectivity solutions, has joined the Ultra Accelerator Link (UALink) Consortium to develop advanced interconnects for AI infrastructure, alongside tech giants like Google, Meta, and Microsoft.

2 Sources

Google Cloud and Air France-KLM Partner to Leverage AI for Enhanced Air Travel Experience

Google Cloud teams up with Air France-KLM to implement generative AI technology, aiming to revolutionize passenger services, operational efficiency, and aircraft maintenance in the airline industry.

4 Sources

Meta's Dual AI Strategy: Llama Promotion and GPT-4 Integration in Internal Tools

Meta incorporates OpenAI's GPT-4 alongside its own Llama model in internal coding tool Metamate, despite CEO Mark Zuckerberg's public praise for Llama's capabilities.

2 Sources

DeAgentAI and OKX Wallet Collaborate on $50K DA Token Airdrop, Showcasing AI-Driven Innovations in Web3

DeAgentAI, the first AI-driven feedback incentive protocol in Web3, partners with OKX Wallet for a $50,000 DA token airdrop campaign, highlighting the integration of AI technology with cryptocurrency platforms and the growing importance of user feedback in AI model training.

2 Sources

NVIDIA Accelerates Next-Gen 'Rubin' AI GPU Launch, Featuring Advanced 3nm Process and HBM4 Technology

NVIDIA is set to release its next-generation 'Rubin' AI GPU architecture six months ahead of schedule, leveraging TSMC's 3nm process and HBM4 memory technology. This move aims to maintain NVIDIA's dominance in the AI chip market amidst growing demand and competition.

4 Sources

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