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25 Mar 2025

NETSOL Technologies Appoints AI Veteran Dario Morelli to Lead New AI Division

NETSOL Technologies, a global business services and asset finance solutions provider, has appointed Dario Morelli as Vice President of Artificial Intelligence to lead its new Transcend AI Labs, signaling a strong commitment to AI-driven innovation in the financial sector.

2 Sources

Cerebras Systems' IPO Delayed Amid National Security Review of UAE Investment

AI chipmaker Cerebras Systems faces IPO delays due to an ongoing national security review by CFIUS, centered on a $335 million investment from UAE-based G42. The company claims to have resolved concerns, but the IPO remains on hold.

8 Sources

17 Education & Technology Group Reports Strong AI-Driven Growth in 2024 Financial Results

17 Education & Technology Group Inc. announces its unaudited financial results for Q4 and fiscal year 2024, highlighting AI-enhanced product development and strategic market expansion leading to 11% year-over-year growth.

2 Sources

Cloudflare's AI Push Sparks Analyst Optimism and Stock Surge

Bank of America double upgrades Cloudflare stock, citing its potential as an AI leader and strong growth in network security. The move highlights Cloudflare's transition from a cybersecurity company to a major player in the AI-as-a-Service market.

6 Sources

Aurora Mobile's EngageLab Enhances Marketing Automation with AI-Powered Features

Aurora Mobile's subsidiary EngageLab has upgraded its Marketing Automation functions with AI-powered capabilities, aiming to revolutionize customer engagement and drive business success across various industries.

2 Sources

Pony.ai Expands Driverless Robotaxi Services in Shenzhen, Advancing Autonomous Mobility Commercialization

Pony.ai receives approval to operate fully driverless commercial robotaxis in Shenzhen's Nanshan District, expanding its network and accelerating the adoption of autonomous mobility in China's urban centers.

10 Sources

L&T-Cloudfiniti Forges Strategic Partnerships with Three AI Startups to Drive Innovation Across Industries

Larsen & Toubro's division, L&T-Cloudfiniti, partners with Hanooman AI, CoRover, and Pidima AI to advance AI-driven solutions in healthcare, conversational technologies, and regulated industries.

2 Sources

Samsung Co-CEO Han Jong-hee Dies at 63, Leaving Legacy in TV Innovation and AI Integration

Han Jong-hee, co-CEO of Samsung Electronics and pioneer in TV technology, passed away from a heart attack at 63. His death comes as Samsung faces challenges in AI chip production and market competition.

3 Sources

AI Chatbots Fail to Reduce Customer Service Wait Times in India Despite Widespread Adoption

Despite the increasing use of AI chatbots in customer service, Indian consumers still spent 15 billion hours on hold last year, highlighting a significant gap between customer expectations and service delivery.

3 Sources

Alibaba Chairman Warns of Potential AI Data Center Bubble Amid Massive Industry Investments

Joe Tsai, Alibaba's chairman, expresses concern over the rapid expansion of AI data centers, suggesting that construction may outpace demand and lead to a potential bubble in the sector.

9 Sources

China Narrows AI Gap with US to Three Months, Says 01.AI Founder Lee Kai-fu

China's AI development has rapidly caught up with the US, narrowing the gap to just three months in some areas, according to 01.AI founder Lee Kai-fu. This progress is attributed to efficient chip usage and algorithm application by companies like DeepSeek.

2 Sources

TSMC and Broadcom: AI Chip Giants Poised to Reclaim Trillion-Dollar Valuations

Taiwan Semiconductor Manufacturing (TSMC) and Broadcom, two major chipmakers, are on track to regain their trillion-dollar market valuations, driven by the surging demand for AI technologies and strategic expansions in the U.S.

4 Sources

Tesla's Pivot to AI and Robotics Amid Declining Car Sales: A Risky Gamble?

Morgan Stanley analyst Adam Jonas slashes Tesla's delivery estimates but remains optimistic about the company's future in AI and robotics, sparking debate about Tesla's strategic shift and market valuation.

2 Sources

SUSE Expands Open Source Capabilities in AI, Cloud, and Enterprise Linux at SUSECON 25

SUSE, a global leader in open source technology, announced significant updates to its product portfolio at SUSECON 25, focusing on AI, cloud-native solutions, and enterprise Linux enhancements.

2 Sources

India's Tech Sector Poised for 20% Job Growth in 2025, with AI Roles Surging 75%

India's tech industry is set for significant expansion in 2025, with a projected 20% increase in jobs. AI, cybersecurity, and cloud computing roles are expected to see a 75% surge in demand, highlighting the growing importance of specialized skills in the evolving job market.

2 Sources

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