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20 May 2025

Qure.AI: Indian Healthcare AI Startup Eyes Profitability and IPO Within Two Years

Qure.AI, an Indian healthcare AI startup, aims for profitability in the next financial year and plans an IPO within two years. The company, valued at $264 million, is experiencing rapid growth in the expanding AI healthcare market.

2 Sources

Extreme Networks Unveils AI-Powered Platform ONE at Connect 2025

Extreme Networks launches Platform ONE, an all-in-one networking platform integrating conversational, multimodal, and agentic AI, aiming to simplify network management and reduce manual tasks by up to 90 percent.

3 Sources

Pony AI Reports Strong Q1 2025 Results, Unveils Next-Gen Autonomous Driving System

Pony AI Inc. announces robust Q1 2025 financial results, showcasing significant growth in Robotaxi services and unveiling its cost-efficient Gen 7 autonomous driving system, marking a major step towards large-scale commercialization of autonomous mobility.

2 Sources

AI's Uneven Impact: Women's Jobs at Higher Risk of Automation, UN Report Reveals

A new UN report highlights that AI poses a greater threat to jobs traditionally held by women, especially in high-income countries, with clerical and administrative roles facing the highest risk of transformation.

8 Sources

Confluent Unifies Batch and Stream Processing to Enhance AI Capabilities

Confluent introduces new features in its cloud platform to unify batch and stream processing, aiming to improve AI agent performance and data security for enterprises.

4 Sources

MediaTek Unveils Cutting-Edge AI Solutions at Computex 2025: From Edge to Cloud

MediaTek showcases its latest AI advancements at Computex 2025, introducing hybrid computing concepts, automotive AI solutions, and IoT platforms, emphasizing its vision of "AI for Everyone: From Edge to Cloud".

4 Sources

Pony AI Reports Strong Q1 Growth in Robotaxi Services, Aims for Expansion Despite Wider Losses

Pony AI, a Chinese autonomous vehicle maker, reports significant revenue growth in Q1 2025, driven by its robotaxi services. The company aims to expand its fleet and reduce costs, despite posting wider losses.

4 Sources

Adobe Raises Creative Cloud Prices, Introduces AI-Focused 'Pro' Plan

Adobe is rebranding its Creative Cloud All Apps plan to Creative Cloud Pro, increasing prices, and adding more AI features. The changes will affect North American users starting June 17, 2025.

8 Sources

AI's Impact on Workplace Productivity: Minimal Effects Despite Rapid Adoption, Study Finds

A recent study by the National Bureau of Economic Research challenges the hype surrounding AI's impact on workplace productivity, revealing minimal effects on earnings and work hours across various professions.

2 Sources

Qualcomm and Advantech Join Forces to Accelerate Edge AI Innovation for IoT

Qualcomm and Advantech announce a collaboration at COMPUTEX 2025 to advance AI-driven IoT applications, integrating Qualcomm's Dragonwing technology into Advantech's edge computing platforms and developing tools for Edge AI development.

2 Sources

CloudSEK Secures $19 Million in Funding to Advance AI-Powered Predictive Cybersecurity Platform

CloudSEK, an AI-driven cybersecurity startup, has raised $19 million in Series A2 and B1 funding rounds to scale its predictive threat intelligence platform and expand globally, with a focus on AI model development and integration.

3 Sources

Foxconn and Nvidia Announce Phased Construction of 100 MW AI Data Center in Taiwan

Foxconn and Nvidia reveal plans for a massive AI data center in Taiwan, to be built in phases with a target capacity of 100 megawatts, highlighting the growing demand for AI infrastructure and the challenges of power management.

4 Sources

Google's AI Advancements Boost Stock and Investor Confidence

Google's parent company Alphabet sees a surge in stock price following AI updates and the launch of new AI-powered tools, including "AI Mode" for search and a premium AI subscription service.

14 Sources

Qualcomm's Computex 2025 Keynote: AI-Powered PCs and Future Chip Announcements

Qualcomm's CEO Cristiano Amon highlighted the company's progress in the Windows PC market at Computex 2025, emphasizing AI integration and teasing future chip announcements.

6 Sources

Foxconn and NVIDIA Revolutionize Healthcare with AI-Powered Smart Hospitals in Taiwan

Foxconn partners with NVIDIA to develop AI-driven solutions for smart hospitals in Taiwan, including the Nurabot nursing robot and advanced diagnostic tools, addressing healthcare challenges and improving patient care.

3 Sources

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