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11 Apr 2025
Recent reports unveil the internal challenges and leadership changes at Apple as the company struggles to revamp Siri and compete in the AI landscape.
15 Sources
Ominimo, a Polish AI-driven auto insurance startup, has raised β¬10 million from Zurich Insurance Group, valuing the company at β¬200 million. The firm plans to expand its AI-powered insurance services to new markets and product categories.
2 Sources
Tech investors and Trump administration officials are exploring the possibility of establishing a libertarian 'freedom city' in Greenland, focusing on AI, space technology, and minimal regulation. This development coincides with ongoing efforts by the Trump administration to acquire Greenland from Denmark.
7 Sources
Amazon CEO Andy Jassy emphasizes the critical importance of substantial AI investments in his annual shareholder letter, describing AI as a "once-in-a-lifetime reinvention of everything we know" and detailing Amazon's strategic focus on AI infrastructure and development.
6 Sources
Amazon CEO Andy Jassy emphasizes the need for a startup-like approach, significant AI investments, and cultural shifts to maintain competitiveness in his annual letter to shareholders.
4 Sources
Artificial Intelligence is reshaping the financial sector, moving from experimental projects to becoming integral infrastructure. Banks and financial institutions are leveraging AI for improved efficiency, customer experience, and fraud detection.
3 Sources
ZenaTech, an AI drone technology company, acquires Miller Land Surveying Corporation in Florida, advancing its strategy to disrupt the land survey industry with drone technology and expand its Drone-as-a-Service (DaaS) business model.
Incident.io, a startup specializing in AI-driven incident management for IT teams, has raised $62 million in Series B funding. The company aims to enhance its AI capabilities to streamline incident response and investigation processes.
Atlassian makes its Rovo AI suite free for now, introduces Rovo Studio for agent creation, and unveils new enterprise solutions to enhance team collaboration and strategic execution.
Google, in collaboration with PJM Interconnection and Alphabet's Tapestry, is leveraging AI to address the backlog in power grid connections, aiming to expedite the process of adding new energy sources to the grid.
5 Sources
UK-based AI startup Synthesia partners with Shutterstock to access video content for training its latest AI model, aiming to improve the realism of corporate video avatars.
Microsoft announces a pause on several AI data center projects, including a $1 billion plan in Ohio, signaling a strategic shift in its approach to AI infrastructure expansion.
TSMC, the world's largest contract chipmaker, reports a 60% increase in Q1 profit, driven by AI chip demand. However, the company faces uncertainty due to Trump's trade policies and potential tariffs.
8 Sources
Job cuts at the US National Highway Traffic Safety Administration, instigated by Elon Musk's Department of Government Efficiency, have disproportionately affected staff assessing self-driving risks, potentially impacting Tesla's autonomous vehicle plans and raising conflict of interest concerns.
Fujitsu introduces Sonofai, an AI-driven ultrasound machine that can quickly and accurately assess the fattiness of tuna fish, potentially transforming the seafood industry's quality control processes.
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