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21 Dec 2024

Andhra Pradesh Partners with PhysicsWallah to Establish AI-Focused Institute of Eminence

The Government of Andhra Pradesh and edtech company PhysicsWallah have joined forces to create the University of Innovation, aiming to be the state's first Institute of Eminence focused on AI and deep-tech education.

2 Sources

Tether Unveils Plans for AI Platform Launch in 2025 Amid Expansion and Profit Surge

Tether, the leading stablecoin issuer, announces plans to launch an AI platform in Q1 2025 while projecting $10 billion in profits for 2024. The company is expanding its investments and considering growth in the US market.

2 Sources

Apple's Free AI Strategy: Tim Cook Reveals Why Apple Won't Charge for AI Features

Apple CEO Tim Cook explains the company's strategy of offering AI features for free, comparing it to foundational technologies like multitouch. This approach aligns with Apple's hardware-first business model and sets it apart from competitors in the AI space.

2 Sources

U.S. to Blacklist Chinese Firm Sophgo for Alleged Illegal Use of TSMC Chip in Huawei AI Processor

The Biden administration plans to add Chinese chip designer Sophgo to the U.S. Entity List for allegedly using a TSMC-made chip in a Huawei AI processor, violating export restrictions. This move highlights ongoing tensions in the global semiconductor industry and U.S. efforts to restrict China's access to advanced AI technologies.

4 Sources

OpenAI's '12 Days of Shipmas': A Comprehensive Look at New AI Features and Models

OpenAI's '12 Days of Shipmas' event unveiled a series of new AI features and models, including the o1 reasoning model, ChatGPT Pro subscription, and improvements to existing tools, showcasing the company's rapid pace of innovation in the AI field.

4 Sources

Gud Tech's AI Fair Launch on Zircuit Blockchain Surpasses $9M in Staking Value

Gud Tech, a multichain AI platform for automated finance, successfully launches its $GUD token on Zircuit blockchain, achieving over $9M in staking value within the first week. The launch emphasizes community ownership and decentralization.

2 Sources

Binance Futures Launches AI-Focused CGPT/USDT Perpetual Contracts, Highlighting Growing Intersection of AI and Crypto

Binance Futures introduces perpetual contracts for ChainGPT token (CGPT), offering up to 75x leverage and emphasizing the rising importance of AI-focused cryptocurrencies in the digital asset market.

2 Sources

U.S. Data Center Power Consumption Could Triple by 2028, Driven by AI Boom

A Department of Energy-backed report reveals that U.S. data center power demand could surge to 12% of the country's total electricity consumption by 2028, largely due to the AI industry's rapid growth.

2 Sources

Mastercard Completes Acquisition of AI-Driven Threat Intelligence Company Recorded Future

Mastercard finalizes its $2.65 billion acquisition of Recorded Future, enhancing its cybersecurity capabilities with AI-powered threat intelligence to better secure digital transactions and interactions.

4 Sources

Generative AI Revolutionizes Customer Support: Balancing Automation and Human Touch

Generative AI is transforming customer service by automating routine tasks and empowering human agents to focus on complex issues, leading to improved efficiency and customer satisfaction.

2 Sources

Knightscope Unveils K7 Alpha Prototype and Recaps Transformative 2024 Achievements

Knightscope, Inc. announces the completion of its K7 Autonomous Security Robot alpha prototype and highlights key corporate, technological, and operational changes made in 2024 to position the company for future growth in AI-driven public safety solutions.

2 Sources

Rezolve AI Positioned for Growth in 2025 with Strategic Partnerships and AI Solutions

Rezolve AI, recognized as a "Next Big Winner" in AI by MarketBeat, closes 2024 with significant milestones including partnerships with tech giants and improved financial health, setting the stage for potential breakout growth in 2025.

2 Sources

Pudu Unveils D9: A Versatile Humanoid Robot for Warehouse and Service Tasks

Chinese startup Pudu Robotics introduces the D9, a life-size humanoid robot designed for various tasks in warehouses, retail, and service industries. The robot showcases advanced mobility, precision manipulation, and AI-driven interaction capabilities.

2 Sources

Tech Giants Weigh In on AI Progress and Future at DealBook Summit

Google CEO Sundar Pichai and OpenAI CEO Sam Altman share insights on AI development, regulation, and societal impact at the annual DealBook Summit.

2 Sources

Apptronik and Google DeepMind Join Forces to Advance AI-Powered Humanoid Robots

Apptronik, an AI-powered humanoid robotics company, partners with Google DeepMind to develop intelligent humanoid robots capable of assisting humans in dynamic environments, potentially transforming industries and addressing global challenges.

2 Sources

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