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13 Feb 2025

Riot Platforms Explores AI Partnerships and Appoints New Directors to Diversify Bitcoin Mining Business

Riot Platforms, a major Bitcoin mining company, is exploring partnerships in AI and high-performance computing while appointing new directors with relevant expertise to maximize asset value and diversify revenue streams.

2 Sources

Super Micro Computer's Stock Surges Amid AI Boom and Financial Reporting Challenges

Super Micro Computer's stock rises as the company projects ambitious growth, addresses financial reporting issues, and capitalizes on the AI server market boom.

4 Sources

IBM's Return-to-Office Mandate Sparks Concerns of AI-Driven Job Cuts

IBM implements a return-to-office policy for its Finance & Operations unit, raising suspicions of a 'soft layoff' strategy to replace human workers with AI. The move aligns with the company's broader AI integration plans and cost-cutting measures.

2 Sources

ByteDance Unveils Goku: A Powerful AI Model for Text-to-Video Generation

ByteDance, TikTok's parent company, has introduced Goku, an advanced AI model capable of generating high-quality videos from text prompts. This development positions ByteDance as a key player in the rapidly evolving field of AI-generated content.

3 Sources

Anthropic's Ambitious Fundraising and Revenue Projections Highlight Intense AI Startup Competition

Anthropic, an AI startup, is nearing a $2 billion funding round that could value it at $60 billion. The company projects revenues up to $34.5 billion by 2027, showcasing the rapid growth and intense competition in the AI sector.

2 Sources

Juniper Networks Unveils AI-Native EX4000 Series Switches for Enhanced Wired and Wireless Access

Juniper Networks introduces the EX4000 Series Switches, leveraging AI and cloud-native architecture to revolutionize wired and wireless access experiences, offering improved deployment, security, and operational efficiency.

3 Sources

BuzzFeed CEO Jonah Peretti Criticizes AI's Impact on Media, Launches New AI-Powered Platform

BuzzFeed CEO Jonah Peretti, after embracing AI-generated content, now warns about AI's negative effects on society and media. He introduces a new AI-powered social platform, BF Island, aimed at combating manipulative content.

2 Sources

Latent Labs Emerges with $50M to Revolutionize Drug Discovery Using AI

Latent Labs, founded by former DeepMind scientist Simon Kohl, launches with $50 million in funding to develop AI models for protein design and accelerate drug discovery.

4 Sources

DeepSeek: China's AI Breakthrough Challenges U.S. Dominance

Chinese AI startup DeepSeek has disrupted the global AI landscape with its low-cost, high-performance models, intensifying the U.S.-China tech rivalry and prompting widespread adoption among Chinese businesses.

15 Sources

Cisco Raises Forecast as AI Boom Drives Networking Demand

Cisco Systems increases its annual revenue forecast, citing strong demand for cloud networking gear amid the AI boom. The company reports significant growth in AI-related infrastructure orders and addresses potential impacts of US tariffs.

4 Sources

AppLovin's AI-Powered Adtech Drives Explosive Growth and Stock Surge

AppLovin's Q4 earnings report showcases impressive growth driven by its AI-powered advertising technology, leading to a significant stock price increase and optimistic future outlook.

5 Sources

HubSpot's Q4 Earnings Surpass Expectations, Highlighting AI-Driven Growth

HubSpot reports strong Q4 2024 results, beating revenue and EPS estimates. The company's focus on AI integration and platform development drives growth, despite challenges in average revenue per customer.

2 Sources

Saudi Arabia Invests $1.5 Billion in AI Chip Developer Groq to Boost AI Infrastructure

Saudi Arabia commits $1.5 billion to expand AI infrastructure with Groq, a Silicon Valley-based AI startup, strengthening the Kingdom's AI computing capabilities and advancing its Vision 2030 goal of building an AI-powered economy.

2 Sources

CarePilot and Community Hospital Corporation Partner to Implement AI-Driven Medical Documentation

CarePilot, an AI medical documentation company, partners with Community Hospital Corporation to deploy ambient AI technology across community hospitals, aiming to streamline clinical workflows and enhance patient care.

2 Sources

AMD vs. Nvidia: The Battle for AI Chip Dominance in 2025

A comprehensive analysis of AMD and Nvidia's positions in the AI chip market, focusing on their data center businesses, financial performance, and future prospects in the rapidly growing AI industry.

6 Sources

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