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17 Jan 2025

Snowflake's SwiftKV: A Game-Changer in AI Inference Optimization

Snowflake AI Research introduces SwiftKV, an optimization framework that significantly reduces inference costs and improves performance for large language models, particularly Meta's Llama models.

2 Sources

Nvidia's Dominance in AI: Poised for Continued Growth in 2025

Nvidia's strong position in the AI market, driven by its GPU technology and diversification into automotive AI, positions it for significant growth in 2025 despite emerging competition.

32 Sources

Cognizant Study Predicts AI-Driven Consumer Spending to Reach $4.4 Trillion by 2030

A joint study by Cognizant and Oxford Economics reveals that AI could drive 46% of consumer transactions by 2030, potentially injecting $4.4 trillion into the economy. The research highlights the need for businesses to adapt to AI-empowered consumers and reimagine customer experiences.

2 Sources

Wondrlab Acquires AI Firm BigStep Technologies, Boosting Generative AI Capabilities

Wondrlab, an Indian martech network, has acquired a majority stake in BigStep Technologies, enhancing its capabilities in Generative AI and custom software solutions. This strategic move aims to drive innovation and expand offerings globally.

2 Sources

Netradyne Secures $90 Million in Series D Funding to Advance AI-Powered Fleet Safety Technology

Netradyne, a leader in AI-powered fleet management solutions, has raised $90 million in Series D funding to expand its innovative driver safety technology globally and accelerate R&D efforts.

3 Sources

Infosys Reports Strong Q3 FY25 Performance with Focus on AI and Digital Services

Infosys, a global leader in digital services, announces robust Q3 FY25 results with 6.1% YoY growth, expanded margins, and significant AI-driven partnerships.

2 Sources

Palantir and Other Tech Giants Invest in AI Drone Startup Shield AI, Valuation Soars to $5 Billion

Shield AI, a startup developing AI-powered autonomous drones, is set to raise $200 million in a new funding round, nearly doubling its valuation to $5 billion. Tech and defense giants like Palantir, Airbus, and L3Harris are among the investors, signaling a growing interest in AI-driven defense technology.

2 Sources

The Future of Enterprise AI: Scaling Strategies and Predictions for 2025

An in-depth look at the challenges and opportunities facing enterprises as they scale their AI operations in 2025, including the build vs. buy dilemma, emerging AI technologies, and cost considerations.

2 Sources

The Symbiotic Relationship Between Edge Computing and Cloud in AI Infrastructure

As edge computing rises in prominence for AI applications, it's driving increased cloud consumption rather than replacing it. This symbiosis is reshaping enterprise AI strategies and infrastructure decisions.

2 Sources

Baijiayun's Duanxunbao Receives Major Upgrade, Enhancing AI-Powered Live-Streaming Capabilities

Baijiayun Group Ltd, a one-stop AI video solution provider, has announced a significant winter upgrade for its flagship product Duanxunbao, introducing advanced real-time data visualization and improved marketing features.

2 Sources

NVIDIA's RTX 5090D for China: AI and Crypto-Mining Restrictions Spark Controversy

NVIDIA's new GeForce RTX 5090D, designed exclusively for the Chinese market, comes with significant restrictions on AI and crypto-mining performance, raising questions about its utility for professional workloads.

3 Sources

Legal AI Startup Harvey Poised for $300M Funding Round, Doubling Valuation to $3B

Harvey, a San Francisco-based startup developing AI tools for law firms, is in talks with Sequoia Capital for a $300 million funding round. This investment could double the company's valuation to $3 billion, marking significant growth in the legal AI sector.

2 Sources

Borderless AI Launches HRGPT: AI-Powered HR Search Engine Backed by $32M Funding

Borderless AI, a Toronto-based HR software startup, has launched HRGPT, an AI-powered search engine for HR tasks, and secured $32 million in total funding, including a recent $5 million investment from Cohere founders.

3 Sources

TELUS International Under Investigation for Potential Securities Fraud Related to AI Solutions

TELUS International, a global provider of digital customer experience solutions, is facing investigations and potential class action lawsuits over alleged misleading statements about its financial performance, particularly concerning its AI solutions.

2 Sources

iGenius Launches Nvidia-Powered AI Language Model for Highly Regulated Industries

Italian startup iGenius introduces Colosseum 355B, a large language model built with Nvidia technology, designed for highly regulated industries with special data protection needs.

3 Sources

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