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20 Feb 2025

India's Tech Industry Aims to Offset US Tariffs Through AI and Emerging Tech Collaborations

India's $254 billion tech outsourcing industry seeks to mitigate the impact of US reciprocal tariffs by expanding into AI, semiconductors, and biotech. New initiatives like TRUST and Mission 500 are set to drive US-India tech collaboration and trade growth.

2 Sources

Lam Research Unveils Advanced AI Chipmaking Tools, Projects Significant Growth

Lam Research introduces two new tools for manufacturing advanced AI chips, securing major customers and projecting substantial revenue growth by 2028.

3 Sources

Sanas Raises $65M for AI-Powered Real-Time Accent Translation Technology

Sanas, a startup developing AI-powered real-time accent translation technology, has raised $65 million in Series B funding to expand its Speech Understanding AI Platform and accelerate global adoption.

2 Sources

Appian's Q4 Earnings Surge: AI Integration Boosts Revenue and Outlook

Appian Corporation reports strong Q4 2024 results, with AI-driven efficiency leading to increased revenue and an optimistic 2025 outlook. The company's focus on AI integration in process automation has contributed to its growth and improved financial performance.

3 Sources

OpenEvidence Secures $1 Billion Valuation in Sequoia-Led Funding Round, Partners with NEJM

OpenEvidence, an AI-powered medical knowledge platform, raises $75 million in a Series A round led by Sequoia Capital, reaching a $1 billion valuation. The company also announces a content partnership with the New England Journal of Medicine.

4 Sources

Apple's iPhone 16E: Bringing AI to the Masses with a Budget-Friendly Device

Apple introduces the iPhone 16E, a more affordable smartphone that includes advanced AI features, making Apple Intelligence accessible to a wider audience.

7 Sources

Apple's iPhone 16e: A Budget-Friendly Gateway to AI and the Apple Ecosystem

Apple introduces the iPhone 16e, a more affordable model featuring AI capabilities and the same A18 chip as the flagship iPhone 16, bridging the gap between budget and premium offerings.

53 Sources

Wix Surpasses Financial Targets with AI-Driven Growth and Product Innovation

Wix.com reports strong Q4 2024 earnings, achieving its "Rule of 40" goal a year early, driven by AI innovations and strategic focus on high-intent users. The company announces plans for transformative product launches in 2025.

3 Sources

Lambda Secures $480 Million in Series D Funding to Expand AI Infrastructure and Cloud Services

Lambda, an AI infrastructure and cloud services provider, has raised $480 million in a Series D funding round, bringing its total equity capital to $863 million. The investment will be used to enhance its cloud platform, expand GPU capacity, and develop AI software tools.

5 Sources

AI in Retail: Boosting Employee Creativity and Job Satisfaction

A study by researchers from Florida Atlantic University and Hanyang University reveals how AI service quality in retail influences employee innovation, job fit, and satisfaction, highlighting the importance of empathy and reliability in AI systems.

3 Sources

Ambient IoT Alliance Launches with Intel and Qualcomm to Revolutionize IoT Ecosystem

The Ambient IoT Alliance, featuring tech giants Intel and Qualcomm, aims to develop and promote a global, battery-free IoT ecosystem, promising advancements in AI applications and efficient supply chains.

2 Sources

Google Removes Gemini from iOS Search App, Pushes Users to Standalone AI Application

Google has removed the Gemini AI feature from its main iOS search app, directing users to download a separate Gemini application. This strategic move aims to enhance the AI experience and compete more directly with other AI chatbots.

7 Sources

Crunchbase Reinvents Itself as AI-Powered Predictions Engine, Claiming Up to 95% Accuracy

Crunchbase, a leading market intelligence company, has relaunched as an AI-powered predictions engine, moving away from historical data to provide predictive insights for private markets with claimed accuracy of up to 95%.

4 Sources

Bench Accounting's AI Gamble: From Fintech Promise to Bankruptcy

Bench Accounting, a once-promising fintech startup, filed for bankruptcy after an ambitious AI implementation backfired, leaving clients in limbo and investors at a loss.

2 Sources

NVIDIA Unveils RTX 50 "Blackwell" Series: A New Era of AI-Enhanced GPUs

NVIDIA launches its next-generation RTX 50 "Blackwell" GPU series, featuring advanced AI capabilities, improved performance, and new models including the RTX 5080 and RTX 5070 Ti.

4 Sources

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