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22 Jan 2025

Apple's Challenging Start to 2025: Stock Woes, AI Developments, and Market Pressures

Apple faces a rough beginning to 2025 with stock declines, AI strategy concerns, and market challenges in China, while analysts debate the company's future prospects.

5 Sources

Google's AI Tools Provided to Israel's Military Amid Ongoing Conflict

Google employees have been working to provide Israel's military with access to advanced AI technology since the early weeks of the Israel-Gaza war, despite public efforts to distance the company from military operations.

4 Sources

Tencent's Hunyuan3D 2.0: Revolutionizing 3D Design with AI

Tencent unveils Hunyuan3D 2.0, an open-source AI system that rapidly converts 2D images or text descriptions into detailed 3D models, potentially transforming industries from game development to e-commerce.

2 Sources

Caseware Acquires Extractly.ai, Boosting AI-Powered Audit and Financial Reporting Solutions

Caseware, a global leader in cloud-enabled audit solutions, has acquired Extractly.ai, an AI-powered document processing company. This strategic move aims to enhance automation in financial statement reviews and data extraction for accounting professionals.

2 Sources

Google Invests $1 Billion in Anthropic, Fueling AI Race Among Tech Giants

Google has invested over $1 billion in AI startup Anthropic, known for its Claude language models, intensifying competition in the AI sector. This investment, along with additional funding from other sources, is set to boost Anthropic's valuation to around $60 billion.

17 Sources

Trump Announces $500 Billion AI Infrastructure Plan, Boosting Tech Stocks Globally

President Trump unveils a massive AI infrastructure project called "Stargate," involving SoftBank, OpenAI, and Oracle, causing a surge in tech stocks worldwide and renewing optimism in AI investments.

5 Sources

Project Stargate: $500 Billion AI Infrastructure Initiative Sparks Tech Industry Boom

President Donald Trump announces Project Stargate, a $500 billion AI infrastructure initiative backed by OpenAI, Oracle, and SoftBank, aiming to secure US leadership in AI technology and boost the tech industry.

24 Sources

ByteDance's $20 Billion AI Investment Plan: Boosting Capabilities Amid Global Challenges

ByteDance, TikTok's parent company, plans to invest around $20 billion in AI infrastructure in 2025, focusing on enhancing its AI capabilities both domestically and internationally while navigating geopolitical challenges.

10 Sources

SoftBank, OpenAI, and Partners Unveil $500 Billion 'Stargate' AI Infrastructure Project

SoftBank Group, OpenAI, and other tech giants announce a massive joint venture called 'Stargate' to invest up to $500 billion in AI infrastructure across the United States over the next four years.

5 Sources

Sovrun Pioneers New Era in Gaming with Hyperliquid Listing and AI Integration

Sovrun, a blockchain gaming project, secures a listing on Hyperliquid exchange and partners with Virtuals Protocol to integrate AI into web3 gaming, potentially revolutionizing the industry with autonomous worlds and enhanced liquidity.

2 Sources

Perplexity Launches Sonar API: Revolutionizing AI Search with Affordable and Real-Time Capabilities

Perplexity introduces Sonar API, offering developers and enterprises access to real-time AI search capabilities. The launch includes two tiers - Sonar and Sonar Pro - with competitive pricing and advanced features, challenging major players in the AI industry.

5 Sources

GDC 2025 Survey Reveals Industry Challenges: Layoffs, AI Skepticism, and Shifting Focus to PC Gaming

The Game Developers Conference's 2025 State of the Game Industry survey highlights the impact of layoffs, growing skepticism towards AI, and a significant shift towards PC game development amidst industry challenges.

3 Sources

Global IT and Business Services Market Hits Record High in Q4 2024, Driven by AI and Cloud Demand

The IT and business services market saw significant growth in Q4 2024, with record-breaking numbers in the Americas and strong performance in Asia Pacific. AI and cloud services are driving this surge, with positive forecasts for 2025.

2 Sources

Riot Platforms Pivots from Bitcoin Mining to AI: A Strategic Shift in the Tech Landscape

Riot Platforms halts Bitcoin mining expansion to explore AI and high-performance computing opportunities, signaling a significant shift in the company's strategy and sparking positive market reactions.

2 Sources

Springbrook Software Launches AI-Powered Invoice Processing Tool for Local Governments

Springbrook Software introduces an AI-powered invoice processing tool as part of its Cirrus ERP platform, aimed at streamlining financial operations for local governments and municipalities.

2 Sources

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