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24 Oct 2024

AIG to Open AI-Focused Innovation Hub in Atlanta, Creating 600 Jobs

Insurance giant AIG announces plans to establish a new innovation center in metro Atlanta, focusing on digital and AI capabilities. The move will create 600 jobs over five years and triple the company's office space in the area.

2 Sources

Russia and China Deploy AI in Attempts to Influence U.S. Elections, Microsoft Reports

Microsoft reveals that Russia and China are using AI-generated content and deepfakes to target U.S. political figures, including Vice President Kamala Harris and several Republican lawmakers, ahead of the upcoming elections.

2 Sources

Core Scientific's Strategic Pivot to AI Data Centers Attracts Bullish Analyst Coverage

Core Scientific, a former Bitcoin mining company, is gaining attention for its transition into AI-focused data centers. Jefferies initiates coverage with a 'Buy' rating, highlighting the company's potential in the growing AI infrastructure market.

5 Sources

Bank of America's AI Patent Portfolio Surges 94% in Two Years, Highlighting Financial Sector's Tech Race

Bank of America has nearly doubled its AI and machine learning patents since 2022, showcasing the financial industry's growing emphasis on innovative technologies. The bank's expanded patent portfolio reflects its substantial investment in AI applications across various services.

4 Sources

Microsoft's AI-Powered Super Resolution Feature for Windows 11 Photos App Faces Rollout Challenges

Microsoft's new AI-driven Super Resolution feature for the Windows 11 Photos app, designed to enhance and upscale images, experiences a problematic rollout with availability issues on supported and unsupported devices.

4 Sources

Apple Scales Back Vision Pro Production Amid Declining Sales and Market Challenges

Apple has significantly reduced production of its Vision Pro mixed reality headset due to waning sales and competition from cheaper alternatives. The company may halt production of the current version by year-end, raising questions about its future in the VR/AR market.

3 Sources

Tim Burton Expresses Concern Over AI as London Exhibition Showcases His Artistic Journey

Renowned filmmaker Tim Burton shares his apprehension about AI technology while a comprehensive exhibition of his work opens in London, highlighting his analog artistic process and career spanning decades.

9 Sources

AI Breakthrough: Designing Synthetic DNA Switches for Precise Gene Control

Researchers use AI to create synthetic DNA switches (CREs) that can precisely control gene expression in specific cell types, potentially revolutionizing gene therapy and targeted treatments.

6 Sources

Wayve Expands AI-Driven Automated Driving Tests to U.S. Roads

UK-based Wayve, backed by major investors, launches its AI-powered automated driving software tests in San Francisco, marking its first expansion outside the UK and intensifying competition in the autonomous vehicle market.

5 Sources

Infosys Unveils New Living Labs and AI Collaboration with University of Cambridge in London

Infosys expands its innovation capabilities in London with new Living Labs and announces a collaboration with the University of Cambridge to establish an AI Lab, aiming to accelerate digital transformation and AI-driven innovation for enterprises.

3 Sources

JetBrains Unveils Mellum: A Specialized AI Model for Efficient Code Completion

JetBrains introduces Mellum, a proprietary AI large language model designed specifically for coding assistance, offering faster and more accurate code suggestions for developers.

2 Sources

Researchers Outline Key Considerations for Adapting Generative AI in Education

A new study by Monash University researchers presents essential factors for integrating generative AI into education, emphasizing the need for a balanced approach that enhances human learning while fostering critical thinking skills.

2 Sources

Private SaaS Companies Shift Focus to Growth and AI Adoption, Survey Reveals

KeyBanc Capital Markets and Sapphire Ventures' 15th annual Private SaaS Company Survey shows a continued focus on efficiency and profitability, with AI and economic optimism driving future growth expectations.

2 Sources

Bernstein Predicts Bitcoin to Hit $200,000 by 2025, Driven by Institutional Adoption and ETFs

Bernstein Research forecasts Bitcoin's price to reach $200,000 by the end of 2025, citing increased institutional demand and the impact of spot Bitcoin ETFs. The prediction is based on a comprehensive analysis of market trends and the cryptocurrency's unique supply structure.

2 Sources

TechCrunch Disrupt 2024: AI Takes Center Stage Amid Diverse Tech Discussions

TechCrunch Disrupt 2024 showcases AI advancements and diverse tech topics, featuring industry leaders and startups across three days in San Francisco.

5 Sources

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