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10 Jan 2025

RBC Partners with Cohere to Develop Secure Generative AI Platform for Financial Services

Royal Bank of Canada (RBC) and Cohere announce a partnership to create 'North for Banking', a secure generative AI platform tailored for the financial services industry, aiming to boost productivity and efficiency while prioritizing security and data privacy.

3 Sources

Abstract Raises $4.8 Million for AI-Powered Regulatory Risk Management Platform

Abstract secures $4.8 million in seed funding to enhance its AI-driven platform that helps businesses navigate regulatory changes and policy impacts.

2 Sources

World Economic Forum Report: AI Could Create 78 Million Net New Jobs by 2030

The World Economic Forum's Future of Jobs Report 2025 predicts that AI could create 170 million new jobs while eliminating 92 million, resulting in a net increase of 78 million jobs globally by 2030. The report also highlights the changing skill demands and the need for workforce adaptation in the face of AI advancements.

5 Sources

O Coin: Pioneering Financial Independence for AI Development

O Coin ($O) introduces a novel approach to AI development by creating a decentralized financial framework to support the growth of O, the world's first Sovereign Super AI. This cryptocurrency aims to ensure financial independence and foster ethical AI development without relying on external funding.

2 Sources

Advise Secures $1.6 Million to Enhance AI-Powered SaaS Platform for Consumer Goods Industry

Irish startup Advise raises $1.6 million to develop its AI-powered SaaS platform, aiming to revolutionize pricing strategies for fast-moving consumer goods companies and expand its global presence.

2 Sources

Microsoft Announces Performance-Based Layoffs Amid AI Push and Skill Development Initiatives

Microsoft implements performance-based layoffs affecting less than 1% of its global workforce while simultaneously investing in AI development and training programs in India.

2 Sources

Lightchain AI: The Rising Star in AI-Blockchain Integration Poised to Outperform Meme Coins

Lightchain AI, a new cryptocurrency project combining AI and blockchain technology, is gaining significant attention in the crypto market. With a successful presale and ambitious roadmap, it's positioned to potentially outperform popular meme coins like Shiba Inu.

8 Sources

09 Jan 2025

Inshorts Cofounder Launches Fenado AI: A No-Code Platform for App and Website Creation

Azhar Iqubal, cofounder of Inshorts, introduces Fenado AI, an AI-powered platform that enables users to create apps and websites without coding skills. The startup aims to revolutionize tech solutions for businesses globally.

2 Sources

Tuya Smart Showcases AI Innovations at CES 2025, Paving the Way for Smart Living

Tuya Smart unveils cutting-edge AI technologies and solutions at CES 2025, demonstrating advancements in smart home devices, energy management, and urban mobility.

8 Sources

CES 2025's 'Worst in Show' Awards Highlight Privacy and Sustainability Concerns in AI-Driven Gadgets

The annual 'Worst in Show' awards at CES 2025 spotlight AI-powered devices that raise concerns about privacy, repairability, and sustainability, challenging the notion that all technological innovation is beneficial.

8 Sources

Blackstone Invests $300 Million in AI Data Storage Firm DDN at $5 Billion Valuation

Private equity giant Blackstone has made a $300 million investment in DDN, a leading AI and data intelligence solutions company, valuing it at $5 billion. This marks DDN's first major external funding since its founding in 1998.

5 Sources

Epson Partners with Kitchen Armor to Enhance AI-Powered Kitchen Display Solution

Epson announces a partnership with Kitchen Armor to integrate Curbit's AI-powered kitchen capacity management into its TrueOrder Kitchen Display System, aiming to optimize restaurant operations and compete with larger chains.

2 Sources

Wishpond Files Patent for Enhanced AI Conversation Management in SalesCloser Virtual Agents

Wishpond Technologies Ltd. has filed a patent for an enhanced state manager technology in its SalesCloser AI virtual agents, aiming to improve complex, real-time conversations across various industries.

3 Sources

Google CEO Sundar Pichai Unveils Ambitious AI Roadmap for 2025

Google's CEO Sundar Pichai has outlined the company's plans for AI innovation in 2025, including new products like Daily Listen and Gemini 2.0 Flash, emphasizing Google's commitment to maintaining its leadership in AI technology.

4 Sources

AI Poised to Transform Global Banking: 200,000 Jobs at Risk, Profits Set to Soar

A Bloomberg Intelligence survey reveals that AI adoption in global banking could lead to 200,000 job cuts over the next 3-5 years, while potentially boosting pre-tax profits by up to 17%. The industry faces a significant transformation as it embraces AI technologies.

8 Sources

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