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05 Feb 2025

Scale AI CEO Alexandr Wang Meets with U.S. Officials Amid Growing Concerns Over China's AI Advancements

Scale AI CEO Alexandr Wang is set to meet with U.S. lawmakers and administration officials in Washington D.C. to discuss the threat posed by China's rapid advancements in AI technology, particularly in light of recent developments by Chinese startup DeepSeek.

3 Sources

DeepSeek: China's AI Breakthrough Sparks Tech Sector Boom and National Pride

DeepSeek, a Chinese AI startup, has released a competitive large language model, causing a surge in AI-related stocks and renewed optimism in China's tech sector. The development is seen as a potential game-changer in the global AI race.

19 Sources

Nvidia's $600 Billion Sell-Off: AI Market Disruption or Buying Opportunity?

Nvidia's stock plummets following claims of a breakthrough by Chinese AI startup DeepSeek, raising questions about the future of AI chip demand and Nvidia's market position.

36 Sources

04 Feb 2025

Global Specialty Chemicals Market Projected to Grow by $383 Billion, Driven by Agrochemical Demand and Sustainability Trends

The global specialty chemicals market is expected to grow significantly from 2025-2029, with a focus on bio-based and sustainable products. Key drivers include demand from the agrochemical industry and a shift towards environmentally-friendly chemicals.

14 Sources

Volvo Partners with AI Startup Waabi to Accelerate Autonomous Truck Development

Volvo Autonomous Solutions teams up with Canadian AI startup Waabi to integrate advanced self-driving technology into Volvo VNL Autonomous trucks, aiming to begin testing later this year and potentially revolutionize the freight transportation industry.

7 Sources

Panasonic Considers Cost-Cutting Measures to Support AI Data Center Shift

Panasonic Holdings Corp. is planning to restructure its operations, including personnel changes and trimming underperforming businesses, as part of a strategic shift towards more profitable sectors such as powering AI data centers.

2 Sources

Zomato CEO Deepinder Goyal Seeks AI-Driven Business Leaders in Unconventional Hiring Move

Zomato's CEO Deepinder Goyal is looking for business and product leaders who use AI as their "second brain," highlighting the growing importance of AI in business leadership and decision-making.

4 Sources

France Hosts Global AI Summit to Bolster Europe's Position in AI Race

France is organizing a major AI summit in Paris, bringing together tech leaders, policymakers, and scientists from 80 nations. The event aims to serve as a wake-up call for Europe and showcase France's commitment to AI development and governance.

2 Sources

Check Point Unveils AI-Powered Innovations to Enhance Unified Security Management

Check Point Software Technologies announces new AI-powered capabilities for its Infinity Platform, aimed at improving threat prevention, accelerating zero-trust adoption, and simplifying security operations.

5 Sources

Ola's Krutrim Launches AI Lab and Open-Source Models, Invests Heavily in India's AI Ecosystem

Ola founder Bhavish Aggarwal announces the launch of Krutrim AI Lab, multiple open-source AI models, and significant investments to boost India's AI capabilities, with a focus on addressing unique linguistic and cultural challenges.

7 Sources

Tata Communications and CoRover.ai Partner to Deliver Sovereign AI Solutions for Indian Enterprises and Government

Tata Communications and CoRover.ai have joined forces to provide Sovereign AI solutions, leveraging Tata's AI Cloud Platform and CoRover's conversational AI technologies, including BharatGPT, to serve Indian enterprises and government bodies.

5 Sources

US Vice President JD Vance to Make Diplomatic Debut at Global AI Summit in Paris

JD Vance, the US Vice President, is set to attend a high-level AI summit in Paris, marking his first international trip since taking office. The summit will focus on AI development and regulation, with global leaders and tech executives in attendance.

11 Sources

Presentations.ai Secures $3 Million in Seed Funding to Revolutionize AI-Powered Presentation Creation

Bengaluru-based Presentations.ai raises $3 million in seed funding led by Accel Partners to scale its AI-driven presentation platform, aiming to become the 'ChatGPT for presentations' with over 5 million users worldwide.

3 Sources

Google Pilots AI-Powered RCS-Search Integration for Business Messaging in India, Challenging WhatsApp's Dominance

Google is testing the integration of Rich Communication Services (RCS) with its Search app in India, allowing users to directly contact businesses through AI-enabled customer services. This move aims to compete with WhatsApp's growing presence in enterprise messaging.

2 Sources

Yotta Unveils myShakti: India's First Sovereign B2C GenAI Chatbot Powered by DeepSeek

Yotta Data Services launches myShakti, India's first fully sovereign B2C generative AI chatbot built on the DeepSeek open-source AI model, marking a significant step towards AI self-reliance and data sovereignty in the country.

3 Sources

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