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20 Feb 2025

Lambda Secures $480 Million in Series D Funding to Expand AI Infrastructure and Cloud Services

Lambda, an AI infrastructure and cloud services provider, has raised $480 million in a Series D funding round, bringing its total equity capital to $863 million. The investment will be used to enhance its cloud platform, expand GPU capacity, and develop AI software tools.

5 Sources

Google Launches 'Career Dreamer': An AI-Powered Tool for Job Seekers

Google introduces 'Career Dreamer', a free AI-powered tool designed to help users explore career options based on their skills, experiences, and interests. The tool generates personalized job suggestions and career identity statements.

12 Sources

AI in Retail: Boosting Employee Creativity and Job Satisfaction

A study by researchers from Florida Atlantic University and Hanyang University reveals how AI service quality in retail influences employee innovation, job fit, and satisfaction, highlighting the importance of empathy and reliability in AI systems.

3 Sources

Ambient IoT Alliance Launches with Intel and Qualcomm to Revolutionize IoT Ecosystem

The Ambient IoT Alliance, featuring tech giants Intel and Qualcomm, aims to develop and promote a global, battery-free IoT ecosystem, promising advancements in AI applications and efficient supply chains.

2 Sources

Evo-2: AI Model Revolutionizes Genomic Research and DNA Generation

Scientists unveil Evo-2, a groundbreaking AI model trained on 128,000 genomes, capable of generating entire chromosomes and small genomes. This advancement promises to transform genetic research and genome engineering.

5 Sources

Google Removes Gemini from iOS Search App, Pushes Users to Standalone AI Application

Google has removed the Gemini AI feature from its main iOS search app, directing users to download a separate Gemini application. This strategic move aims to enhance the AI experience and compete more directly with other AI chatbots.

7 Sources

Crunchbase Reinvents Itself as AI-Powered Predictions Engine, Claiming Up to 95% Accuracy

Crunchbase, a leading market intelligence company, has relaunched as an AI-powered predictions engine, moving away from historical data to provide predictive insights for private markets with claimed accuracy of up to 95%.

4 Sources

Bench Accounting's AI Gamble: From Fintech Promise to Bankruptcy

Bench Accounting, a once-promising fintech startup, filed for bankruptcy after an ambitious AI implementation backfired, leaving clients in limbo and investors at a loss.

2 Sources

NVIDIA Unveils RTX 50 "Blackwell" Series: A New Era of AI-Enhanced GPUs

NVIDIA launches its next-generation RTX 50 "Blackwell" GPU series, featuring advanced AI capabilities, improved performance, and new models including the RTX 5080 and RTX 5070 Ti.

4 Sources

Google Unveils AI Co-Scientist: A Revolutionary Tool for Scientific Discovery

Google introduces an advanced AI system called "AI Co-Scientist," designed to assist researchers in generating hypotheses, refining ideas, and proposing innovative research directions across various scientific disciplines.

14 Sources

Extreme Networks Launches AI-Powered Platform ONE for Managed Service Providers

Extreme Networks introduces Platform ONE, an AI-driven multi-tenant architecture for MSPs, offering flexible licensing, consumption-based billing, and centralized management to enhance network operations and security.

2 Sources

Palantir Stock Tumbles Amid Pentagon Budget Cuts and CEO Stock Sale Plan

Palantir Technologies faces challenges as its stock price drops due to potential Pentagon budget cuts and CEO Alex Karp's new stock selling plan, raising questions about the company's future growth and valuation.

19 Sources

Sawmills Raises $10M to Revolutionize Observability Data Management with AI

Sawmills, a startup focused on telemetry data management, has secured $10 million in seed funding to help enterprises reduce observability costs and improve data quality using AI-driven solutions.

2 Sources

US Investigates Potential Nvidia Chip Smuggling to China via Singapore

The US is investigating whether Chinese AI startup DeepSeek acquired Nvidia chips through Singapore, potentially bypassing export restrictions. This probe highlights the complex interplay of global tech trade, export controls, and geopolitical tensions.

2 Sources

Ozak AI: The Rising AI-Powered Cryptocurrency Challenging Established Players

Ozak AI, an emerging AI-powered cryptocurrency, is gaining attention in the crypto market, potentially challenging established players like Bitcoin, Ethereum, and popular meme coins.

5 Sources

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