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14 Nov 2024

AMD Cuts 4% of Workforce to Refocus on AI Chip Development

AMD announces layoffs of 1,000 employees as part of a strategic shift to prioritize AI chip development and compete with Nvidia in the growing AI hardware market.

13 Sources

Microsoft President Warns of China's Rapid Tech Advancements, Emphasizes Need for US-Europe Collaboration

Microsoft President Brad Smith highlights China's technological progress, warns against underestimating their capabilities, and calls for stronger US-Europe collaboration in AI and tech development.

2 Sources

Global GPU Market Set to Reach $100 Billion in 2024, Driven by AI Boom

The global GPU market is expected to hit $100 billion by the end of 2024, largely due to the surge in AI technology demand. NVIDIA leads the charge, with its AI GPU sales potentially exceeding $90 billion.

3 Sources

Nvidia's AI Dominance and Missed Opportunities: Insights from Masayoshi Son and Jensen Huang

A detailed look at recent discussions between Nvidia CEO Jensen Huang and SoftBank's Masayoshi Son, highlighting Nvidia's AI market dominance, missed investment opportunities, and future AI collaborations.

7 Sources

Apple Gains Ground in AI Race as Competitors Face Growth Challenges

As major AI companies like OpenAI and Google encounter obstacles in improving their models, Apple's gradual rollout of AI features through Apple Intelligence is gaining momentum, potentially reshaping the competitive landscape.

3 Sources

ChatGPT Outperforms Google in Boosting Human Creativity, Study Finds

A new study published in Nature Human Behaviour reveals that ChatGPT, OpenAI's conversational AI, enhances human creativity more effectively than traditional Google searches, particularly in everyday practical tasks.

3 Sources

AI in Education: Embracing Technology While Navigating Ethical Challenges

A high school math teacher in California embraces AI tools in his classroom, sparking discussions about the potential benefits and ethical concerns of AI integration in education.

2 Sources

SoundHound AI: Surging Revenue and Market Potential Amidst Stock Volatility

SoundHound AI, a voice AI solutions provider, reports strong Q3 2024 results with 89% revenue growth, but faces stock volatility despite positive performance and raised guidance for 2024 and 2025.

9 Sources

AI Tools Boost Workplace Productivity: A Review of Top Performers

An exploration of AI tools that enhance workplace efficiency, focusing on Grammarly, ChatGPT, and Canva, along with insights into the value of premium AI chatbot subscriptions.

4 Sources

MassiveFold: Revolutionizing Protein Structure Prediction with Optimized AlphaFold

Scientists introduce MassiveFold, an optimized version of AlphaFold that dramatically reduces protein structure prediction time from months to hours, enhancing research capabilities in biotechnology and drug discovery.

2 Sources

Experts Call for Complex Systems Approach to Assess AI Risks

Scientists urge a more comprehensive method to evaluate the long-term and systemic risks of AI, emphasizing the need for computational models and public participation in risk assessment.

2 Sources

SAS Acquires Hazy's Synthetic Data Technology to Enhance AI Capabilities

SAS, a global data and AI company, has acquired the software assets of Hazy, a synthetic data technology company, to strengthen its AI and data management portfolio. The integration aims to provide businesses with advanced synthetic data generation capabilities, addressing growing demand for AI solutions.

3 Sources

13 Nov 2024

Genpact Recognized as Leader in Insurance Business Process Transformation, Leveraging AI Innovations

Genpact has been named a Leader in Avasant's 2024 Insurance Business Process Transformation RadarView report, highlighting its expertise in AI-driven insurance transformations that enhance agility and competitiveness.

2 Sources

Legacy Tech and AI Pose Mounting Challenges for UK IT and Security Teams

A new Google Workspace survey reveals that UK IT and security teams are facing increased pressure due to legacy technology and the rise of generative AI, leading to higher costs of data breaches and burnout among professionals.

2 Sources

Slack Developing AI-Powered File Summary Feature to Boost Productivity

Slack is reportedly working on an AI-driven file summary feature that can summarize text-heavy documents uploaded to the platform, aiming to enhance productivity and streamline document management for users.

2 Sources

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