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27 Feb 2025
BNY Mellon and OpenAI have entered into a strategic partnership to develop an AI platform, aiming to transform banking services and products while providing OpenAI with real-world insights into their AI models' performance.
2 Sources
Amazon introduces Alexa+, an advanced AI assistant with agentic capabilities, aiming to revolutionize consumer interaction with AI and solidify its position in the competitive AI market.
Microsoft introduces Phi-4-multimodal and Phi-4-mini, new small language models capable of processing text, speech, and visual data with impressive efficiency and performance.
5 Sources
Global markets experience volatility as AI industry faces challenges from Chinese innovation and increased tariffs, while Nvidia reports strong earnings amid uncertainty.
6 Sources
RCO Finance, a new DeFi platform, is positioning itself as a strong competitor to Ethereum in 2025, leveraging AI-driven automation and real-world asset integration to reshape the cryptocurrency landscape.
9 Sources
Snowflake announces an expanded partnership with Microsoft to integrate OpenAI's models into its Cortex AI platform, enhancing AI capabilities for enterprise customers while maintaining data security and governance.
4 Sources
MediaTek unveils cutting-edge technologies for 6G evolution, including hybrid computing, advanced modems, and AI applications at MWC 2025, demonstrating its leadership in next-generation connectivity and artificial intelligence.
Nvidia, the leading AI chip manufacturer, has reported strong Q4 earnings and provided an optimistic revenue forecast, despite concerns about potential slowdowns in AI spending and emerging competitors.
C3.ai, an enterprise AI software provider, reported 26% revenue growth in Q3 FY2025, beating expectations. However, the company's stock fell due to concerns about future growth and profitability.
Synopsys, a leader in electronic design automation, reports better-than-expected Q1 earnings and forecasts strong growth, driven by increasing demand for AI chip design solutions.
ElevenLabs, an AI startup valued at $3.3 billion, has introduced Scribe, a new speech-to-text model claiming 97% accuracy in English and support for over 99 languages, positioning itself as a strong competitor in the AI transcription market.
Snowflake's Q4 earnings beat expectations, with the company expanding its AI initiatives and partnerships. The stock surged as investors responded positively to the strong performance and optimistic future outlook.
7 Sources
Smallest AI, a Bengaluru-based startup, offers a Rs 40 lakh salary for a full-stack engineer position without requiring resumes or specific qualifications, igniting discussions on modern hiring practices in the tech industry.
3 Sources
Nvidia CEO Jensen Huang recommends everyone to get an AI tutor, highlighting its potential to revolutionize learning and boost productivity. He uses AI tools daily and believes they will empower individuals rather than replace jobs.
Amazon introduces Alexa+, a more intelligent and conversational AI assistant, aiming to compete with Google's Gemini and Apple's enhanced Siri. The upgrade brings contextual awareness, vision capabilities, and improved interaction to Amazon's digital assistant ecosystem.
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