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04 Dec 2024

Credo Technology Soars on Strong AI-Driven Demand and Analyst Upgrades

Credo Technology Group's stock skyrockets following impressive Q2 results and optimistic outlook, driven by surging demand for AI-related connectivity solutions. Analysts upgrade ratings and significantly raise price targets.

6 Sources

ZJK Industrial Stock Soars on NVIDIA Partnership Progress for AI Liquid Cooling Systems

ZJK Industrial's stock surges following a productive meeting with NVIDIA, leading to a request for liquid cooling manifold samples for AI servers. The collaboration positions ZJK as a key vendor for NVIDIA's next-generation AI cooling systems.

2 Sources

AWS Unveils Next-Gen Trainium3 AI Chip and Launches Trainium2-Powered Cloud Instances

Amazon Web Services announces its next-generation AI chip, Trainium3, promising 4x performance boost over Trainium2. The company also launches Trainium2-powered cloud instances for high-performance AI computing.

10 Sources

BigBear.ai Stock Volatility: Meme Stock Momentum and AI Industry Speculation

BigBear.ai's stock experiences significant fluctuations due to meme stock trends, comparisons with Palantir, and speculation about its potential in the AI industry, despite insider selling and financial challenges.

7 Sources

Japan to Deploy AI in Battle Against Online Manga and Anime Piracy

Japan plans to use artificial intelligence to combat online piracy of manga and anime, aiming to protect its lucrative cultural exports and boost revenue in the creative industry.

3 Sources

03 Dec 2024

Meta Reports AI-Generated Content Constituted Less Than 1% of Election Misinformation on Its Platforms

Meta claims that AI-generated content played a minimal role in election misinformation on its platforms in 2024, contrary to widespread concerns about AI's potential impact on global elections.

14 Sources

Cerence AI Appoints Tony Rodriquez as Permanent CFO, Aims for Growth and Profitability

Cerence Inc., a leader in AI for transportation, has named Antonio "Tony" Rodriquez as its permanent Chief Financial Officer. The appointment comes as the company focuses on accelerating growth and improving operating results in the competitive AI-powered automotive experience market.

4 Sources

Lightchain AI: Merging Blockchain and AI in Presale Hype

Lightchain AI, a new cryptocurrency project, is generating buzz by combining blockchain technology with artificial intelligence. Currently in presale, it promises innovative features like Proof of Intelligence and an AI Virtual Machine.

15 Sources

SIMPPLE Ltd. Expands into Vietnam with Elite VDP Partnership, Bringing AI-Driven Facility Management Solutions

SIMPPLE Ltd., a PropTech company, partners with Elite VDP to distribute its AI-powered Ecosystem in Vietnam, marking its expansion into a new market with significant growth potential.

2 Sources

Salesforce's AI Push Faces Scrutiny as Investors Await Proof of Success

Salesforce's recent focus on AI has driven its stock to record highs, but investors are now looking for concrete evidence that the company's significant AI investments will yield substantial returns.

2 Sources

The Unsung Hero of AI: The Crucial Technology Behind GPU Performance

While LLMs and GPUs dominate AI discussions, a lesser-known technology is quietly revolutionizing GPU performance. This backroom technique is essential for optimizing AI hardware capabilities.

2 Sources

TP ICAP and AWS Announce Major Strategic Collaboration for Cloud Migration and AI Innovation

TP ICAP, a leading financial markets infrastructure provider, partners with Amazon Web Services (AWS) in a seven-year agreement to accelerate digital transformation, enhance AI capabilities, and migrate 80% of its technology infrastructure to the cloud by 2026.

2 Sources

Enterprises Grapple with Generative AI Implementation Despite Massive Investments, Venture Capitalists Report

A new report by Menlo Ventures reveals that while enterprise AI spending has skyrocketed to $13.8 billion in 2024, over a third of companies lack a clear vision for implementing generative AI across their organizations.

2 Sources

Amagi Acquires Argoid AI to Enhance Streaming Solutions with Advanced AI Capabilities

Amagi, a cloud-based SaaS technology provider for broadcast and connected TV, has acquired Argoid AI to integrate advanced AI capabilities into its streaming solutions, aiming to improve content recommendations, viewer engagement, and monetization for media companies.

4 Sources

Samsung's Smart Glasses: A Potential Game-Changer in the XR Market

Samsung is rumored to be unveiling its smart glasses prototype at the upcoming Galaxy Unpacked event, potentially revolutionizing the XR market with AI integration and deep ecosystem access.

7 Sources

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