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09 Jan 2025

Google CEO Sundar Pichai Unveils Ambitious AI Roadmap for 2025

Google's CEO Sundar Pichai has outlined the company's plans for AI innovation in 2025, including new products like Daily Listen and Gemini 2.0 Flash, emphasizing Google's commitment to maintaining its leadership in AI technology.

4 Sources

AI Poised to Transform Global Banking: 200,000 Jobs at Risk, Profits Set to Soar

A Bloomberg Intelligence survey reveals that AI adoption in global banking could lead to 200,000 job cuts over the next 3-5 years, while potentially boosting pre-tax profits by up to 17%. The industry faces a significant transformation as it embraces AI technologies.

8 Sources

Netherlands in Talks with Nvidia and AMD for Potential AI Supercomputer Facility

The Dutch government is in discussions with Nvidia and AMD to secure hardware and expertise for a possible AI supercomputer facility, aiming to boost Europe's digital economy and position the Netherlands as an AI leader.

7 Sources

Infinite Reality Secures $3 Billion in Funding, Reaching $12.25 Billion Valuation

Infinite Reality, an AI and immersive technology company, has raised $3 billion in a new funding round, propelling its valuation to $12.25 billion. The company plans to accelerate its platform development and expand globally.

3 Sources

ePlane Partners with TCS to Revolutionize Urban Air Mobility with AI and Electric Aviation

Chennai-based startup The ePlane Company collaborates with Tata Consultancy Services to develop sustainable electric air mobility solutions, leveraging AI and data analytics for urban transportation challenges.

2 Sources

Elon Musk Claims AI Training Has Exhausted Human Knowledge, Advocates for Synthetic Data

Elon Musk asserts that AI companies have depleted available human-generated data for training, echoing concerns raised by other AI experts. He suggests synthetic data as the future of AI model training, despite potential risks.

5 Sources

IXOPAY and Riskified Partner to Enhance AI-Powered Fraud Prevention in E-commerce

IXOPAY and Riskified announce a strategic partnership to combine payment orchestration with AI-powered fraud detection, aiming to boost security and efficiency in e-commerce transactions.

4 Sources

Silver Lake Group Offloads $189.5 Million in Dell Technologies Shares Amid AI-Driven Growth

Silver Lake Group, a major stakeholder in Dell Technologies, has sold shares worth $189.5 million over multiple transactions. Meanwhile, Dell continues to expand its AI capabilities and reports strong financial performance.

6 Sources

SoftBank and Arm Consider Acquisition of Ampere Computing, Signaling AI Chip Market Consolidation

SoftBank and its subsidiary Arm Holdings are exploring the potential acquisition of Ampere Computing, a server chip provider backed by Oracle, as the AI chip market continues to evolve and consolidate.

3 Sources

Biden Administration Unveils New AI Chip Export Rules in Final Days of Presidency

President Biden signs an executive order for AI data centers and introduces new regulations on AI chip exports, sparking industry debate and raising questions about the future of AI development globally.

78 Sources

AI Bot Applies to 1,000 Jobs, Secures 50 Interviews: The Future of Job Hunting?

A Reddit user's AI-powered bot automates job applications, securing 50 interviews from 1,000 applications in a month, raising questions about the future of recruitment and the ethical use of AI in job hunting.

2 Sources

Amesite's Leadership Makes Significant Stock Purchases Amid Company Expansion and AI App Growth

Amesite's CEO and directors invest heavily in company stock, while the AI-powered education technology firm announces public offering and reports substantial growth in its AI app user base.

3 Sources

Getty Images and Shutterstock Announce $3.7 Billion Merger Amid AI Challenges in Stock Photography

Getty Images and Shutterstock, two giants in the stock photography industry, have announced a $3.7 billion merger. This move aims to address challenges posed by AI and declining market conditions, but raises concerns about market dominance and the future of photography.

3 Sources

Story and Stability AI Collaborate to Revolutionize Creator Monetization in AI Ecosystem

Story, an intellectual property blockchain, partners with Stability AI to enable creators, developers, and artists to monetize their contributions to the AI ecosystem using blockchain technology for attribution and tracking.

3 Sources

CURRENC Group Launches AI-Powered Call Center Solutions, Sparking Massive Stock Surge

CURRENC Group unveils SEAMLESS AI Call Centre Solutions, featuring Text AI, Voice AI, and Avatar AI, designed to revolutionize customer service in the financial sector. The announcement led to a dramatic 300% increase in the company's stock price.

2 Sources

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