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16 Dec 2024

Hyperscale Data Shifts Focus to AI-Powered Data Centers with $13M Property Sale and $25M Financing Deal

Hyperscale Data Inc. sells a $13 million property in St. Petersburg and secures up to $25 million in financing to transition into a pureplay data center business supporting AI and high-performance computing services.

5 Sources

Precision Neuroscience Raises $102 Million, Challenging Neuralink in Brain-Computer Interface Race

Precision Neuroscience secures $102 million in funding, advancing its AI-powered brain implant technology and intensifying competition with Elon Musk's Neuralink in the growing brain-computer interface market.

3 Sources

Tesla's Stock Soars on Optimistic AI and Autonomous Driving Outlook Under Trump Administration

Wedbush analysts raise Tesla's price target to $515, citing potential AI and autonomous driving advancements under the incoming Trump administration. The stock hits new all-time highs as investors anticipate regulatory easing and accelerated development of self-driving technology.

6 Sources

Telegram Ramps Up AI-Powered Content Moderation Amid Legal Pressures

Telegram intensifies its content moderation efforts using AI tools, blocking millions of illegal channels and groups in 2024, following the arrest of CEO Pavel Durov and increased scrutiny from global authorities.

2 Sources

LTIMindtree Launches AI-Driven Cyber Defense Resiliency Center in Bengaluru

LTIMindtree, a global technology consulting firm, has established a new Cyber Defense Resiliency Center (CDRC) in Bengaluru, India, leveraging AI and generative AI to enhance cybersecurity measures for global clients.

3 Sources

Google Appoints Preeti Lobana as New Country Manager for India, Emphasizing AI-Driven Strategy

Google has named Preeti Lobana as the new Country Manager and Vice President for India, highlighting the company's focus on AI innovation and digital transformation in the region.

3 Sources

AI-Powered Platform Revolutionizes Online Business Sales, Empowering Entrepreneurs to Achieve Million-Dollar Exits

Flippa's AI-driven marketplace is transforming how online businesses are valued and sold, as demonstrated by Ben Zogby's successful $1.1 million exit for his trading platform Highstrike.

2 Sources

AI-Powered "Nudify" Sites Pose New Threat to Schools and Teens

A disturbing trend of AI-generated nude images in schools highlights the urgent need for policy changes and increased awareness about the misuse of artificial intelligence technology.

2 Sources

AI Agents: The Next Frontier in Artificial Intelligence

AI agents are emerging as the next wave of AI technology, offering autonomous task completion and decision-making capabilities beyond traditional chatbots and large language models.

7 Sources

Roadzen Inc. Closes $2.875 Million Public Offering and Expands AI-Powered Claims Contract in India

Roadzen Inc., an AI leader in insurance and mobility, has closed a public offering and expanded its AI-based claims contract with a major Indian insurer, showcasing growth in both funding and market presence.

6 Sources

Alphabet's AI Innovations and Market Position: A Promising Outlook for 2025

Alphabet, despite antitrust challenges, is positioned for strong performance in 2025 due to its AI advancements, cloud computing growth, and strategic market position.

3 Sources

Instagram Head Warns of AI-Generated Content Risks, Urges User Vigilance

Adam Mosseri, head of Instagram, cautions users about the increasing difficulty in distinguishing between real and AI-generated images on social media platforms, emphasizing the need for user vigilance and improved content labeling.

5 Sources

15 Dec 2024

Palantir and MicroStrategy Join Nasdaq-100: AI-Driven Growth and Market Impact

Palantir Technologies and MicroStrategy are set to join the Nasdaq-100 index, reflecting their significant market growth and AI-driven success. This move highlights the increasing importance of AI in the tech industry and its impact on stock market dynamics.

3 Sources

Blue Whale Growth Fund Reduces Tech Stock Holdings, Citing AI Investment Concerns

Peter Hargreaves' Blue Whale Growth Fund has significantly reduced its stakes in major US tech companies, particularly Microsoft and Meta, due to concerns over high AI investment costs and uncertain returns. The fund maintains a strong position in Nvidia while shifting focus to hardware-centric companies.

3 Sources

Samsung's AI-Powered Bixby Revamp Set for Global Debut with Galaxy S25

Samsung plans to introduce a significantly upgraded, AI-powered version of its Bixby virtual assistant with the launch of the Galaxy S25 series, potentially making it a major selling point for the new flagship phones.

6 Sources

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