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22 Jan 2025

Caseware Acquires Extractly.ai, Boosting AI-Powered Audit and Financial Reporting Solutions

Caseware, a global leader in cloud-enabled audit solutions, has acquired Extractly.ai, an AI-powered document processing company. This strategic move aims to enhance automation in financial statement reviews and data extraction for accounting professionals.

2 Sources

Google Invests $1 Billion in Anthropic, Fueling AI Race Among Tech Giants

Google has invested over $1 billion in AI startup Anthropic, known for its Claude language models, intensifying competition in the AI sector. This investment, along with additional funding from other sources, is set to boost Anthropic's valuation to around $60 billion.

17 Sources

Trump Announces $500 Billion AI Infrastructure Plan, Boosting Tech Stocks Globally

President Trump unveils a massive AI infrastructure project called "Stargate," involving SoftBank, OpenAI, and Oracle, causing a surge in tech stocks worldwide and renewing optimism in AI investments.

5 Sources

Project Stargate: $500 Billion AI Infrastructure Initiative Sparks Tech Industry Boom

President Donald Trump announces Project Stargate, a $500 billion AI infrastructure initiative backed by OpenAI, Oracle, and SoftBank, aiming to secure US leadership in AI technology and boost the tech industry.

24 Sources

ByteDance's $20 Billion AI Investment Plan: Boosting Capabilities Amid Global Challenges

ByteDance, TikTok's parent company, plans to invest around $20 billion in AI infrastructure in 2025, focusing on enhancing its AI capabilities both domestically and internationally while navigating geopolitical challenges.

10 Sources

SoftBank, OpenAI, and Partners Unveil $500 Billion 'Stargate' AI Infrastructure Project

SoftBank Group, OpenAI, and other tech giants announce a massive joint venture called 'Stargate' to invest up to $500 billion in AI infrastructure across the United States over the next four years.

5 Sources

AI-Powered Method Unveils 'Hyperaccessible' DNA Window, Revolutionizing Genomic Research

Scientists at Gladstone Institutes have developed a new AI-enhanced method called RASAM, combining long-read DNA sequencing with predictive AI models. This breakthrough reveals a previously unknown 'hyperaccessible' state in newly replicated DNA, potentially transforming our understanding of genomics and disease treatment.

2 Sources

AI and Machine Learning Uncover Promising Biomarkers for Early Colorectal Cancer Detection

Researchers at the University of Birmingham have used AI and machine learning techniques to identify potential protein biomarkers for colorectal cancer, which could lead to improved early detection and treatment of the disease.

2 Sources

Sovrun Pioneers New Era in Gaming with Hyperliquid Listing and AI Integration

Sovrun, a blockchain gaming project, secures a listing on Hyperliquid exchange and partners with Virtuals Protocol to integrate AI into web3 gaming, potentially revolutionizing the industry with autonomous worlds and enhanced liquidity.

2 Sources

Apple Intelligence Now Enabled by Default: How to Opt Out of iOS 18.3's AI Features

Apple's latest iOS update automatically enables AI features on newer iPhones, sparking privacy concerns and prompting users to seek ways to disable the technology.

21 Sources

Perplexity Launches Sonar API: Revolutionizing AI Search with Affordable and Real-Time Capabilities

Perplexity introduces Sonar API, offering developers and enterprises access to real-time AI search capabilities. The launch includes two tiers - Sonar and Sonar Pro - with competitive pricing and advanced features, challenging major players in the AI industry.

5 Sources

UW Study Reveals AI Models' Negative Portrayal of Teenagers, Highlighting Cultural Biases

A University of Washington study finds that AI models, particularly those trained on English-language data, exhibit strong negative associations when portraying teenagers, often misaligning with teens' self-perceptions.

2 Sources

GDC 2025 Survey Reveals Industry Challenges: Layoffs, AI Skepticism, and Shifting Focus to PC Gaming

The Game Developers Conference's 2025 State of the Game Industry survey highlights the impact of layoffs, growing skepticism towards AI, and a significant shift towards PC game development amidst industry challenges.

3 Sources

Global IT and Business Services Market Hits Record High in Q4 2024, Driven by AI and Cloud Demand

The IT and business services market saw significant growth in Q4 2024, with record-breaking numbers in the Americas and strong performance in Asia Pacific. AI and cloud services are driving this surge, with positive forecasts for 2025.

2 Sources

Riot Platforms Pivots from Bitcoin Mining to AI: A Strategic Shift in the Tech Landscape

Riot Platforms halts Bitcoin mining expansion to explore AI and high-performance computing opportunities, signaling a significant shift in the company's strategy and sparking positive market reactions.

2 Sources

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