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22 Jan 2025

Google DeepMind CEO Predicts AI-Designed Drugs in Clinical Trials by 2025

Demis Hassabis, CEO of Google DeepMind and founder of Isomorphic Labs, announces that AI-designed drugs are expected to enter clinical trials by the end of 2025, potentially revolutionizing drug discovery and development.

7 Sources

Tesla's AI Potential Drives Piper Sandler's Bullish Outlook

Piper Sandler upgrades Tesla to 'overweight' and raises price target, citing the company's potential in real-world AI applications and full self-driving technology.

2 Sources

OpenAI CFO Warns of Strong AI Competition from China and Musk

OpenAI's CFO Sarah Friar highlights China as a major competitor in AI development and criticizes Elon Musk's legal tactics against the company.

2 Sources

Tempus AI Launches olivia: AI-Powered Health Concierge App Revolutionizing Patient Data Management

Tempus AI, Inc. introduces olivia, an AI-enabled personal health concierge app, centralizing patient health data and providing actionable insights. The national launch sparks a 19% surge in company shares, highlighting the growing importance of AI in healthcare.

2 Sources

SMC Entertainment Inc. to Acquire Crypto Disruptor Flax Tech Ltd, Integrating AI for Enhanced Trading Platform

SMC Entertainment Inc. signs LOI to acquire Flax Tech Ltd, a UK-based crypto disruptor, aiming to enhance its FYNN AI model for crypto research and trading. The company also appoints a new CFO as it focuses on integrating AI into its fintech operations.

2 Sources

Janover Reports 190%+ Growth in AI-Enabled Software Business for Commercial Real Estate

Janover Inc., an AI-enabled platform for the commercial real estate industry, announces significant growth in its AI SaaS and marketplace platform, with a 190% increase in Annual Recurring Revenue (ARR) from subscription services.

2 Sources

McDonald's and Cognizant Extend Partnership to Enhance Cloud and AI-Driven Transformation

McDonald's and Cognizant renew their strategic partnership to focus on cloud transformation, AI integration, and operational efficiency improvements across global enterprise systems.

2 Sources

Tempus AI Stock Surges Amid AI App Launch and Pelosi Investment

Tempus AI's stock experiences significant growth following the launch of its AI-powered health app Olivia and disclosure of Nancy Pelosi's investment, amid broader AI industry developments.

5 Sources

Huawei Challenges Nvidia's AI Chip Dominance in China, Focusing on Inference Tasks

Huawei is making strategic moves to capture a larger share of China's AI chip market, currently dominated by Nvidia. The company is focusing on inference tasks and helping local firms adapt Nvidia-trained AI models to run on Huawei's Ascend chips.

2 Sources

21 Jan 2025

Apple's iPhone Sales Plummet in China Amid AI Challenges and Local Competition

Apple's iPhone sales in China dropped significantly in Q4 2024, losing its top spot to Huawei. The decline is attributed to increased local competition and the absence of AI features in Chinese iPhones.

3 Sources

Aspis Launches AIDAO Framework: Revolutionizing DeFi with AI-Powered Trading Agents

Aspis introduces its innovative AIDAO framework, combining AI with decentralized finance to simplify asset management and empower users in the growing DeFAI market.

2 Sources

Infosys Leads IT Services Industry with 18% CAGR in Brand Value, Maintains Top 3 Global Position

Infosys achieves fastest-growing brand value in IT services with 18% CAGR over 5 years. CEO Salil Parekh ranked No.1 IT services CEO in Brand Guardianship Index 2025.

2 Sources

Gartner Forecasts Significant Growth in Global IT Spending, Driven by AI and Price Increases

Gartner predicts worldwide IT spending to reach $5.61 trillion in 2025, with a 9.8% growth rate. The increase is attributed to AI investments and price hikes in recurrent spending, particularly affecting software and data center systems.

4 Sources

WE Fashion Embraces AI-Powered Oracle Cloud for Retail Transformation

WE Fashion, a leading European retailer, selects Oracle Cloud solutions to modernize its operations, leveraging AI for enhanced merchandise management and customer experience across its omnichannel business.

4 Sources

Indian CEOs Embrace AI and Sustainability Amidst Economic Optimism: PwC Survey Reveals

PwC's 28th Annual Global CEO Survey highlights Indian business leaders' confidence in economic growth, with a focus on AI adoption and sustainability, despite challenges in technological disruption and skilled labor shortages.

2 Sources

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