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16 May 2025

Alibaba's Q4 Earnings Miss Raises Concerns Over E-commerce and AI Growth

Alibaba's shares drop after missing Q4 earnings expectations, sparking worries about Chinese consumer spending and AI development progress.

2 Sources

Western Digital and Ingrasys Collaborate on High-Performance Storage Solutions for AI Workflows

Western Digital and Ingrasys partner to develop innovative storage solutions for AI workloads, including a new Top-of-Rack switch with embedded storage, while Western Digital expands its ecosystem collaboration and product offerings.

4 Sources

Airtel Launches AI-Powered Fraud Detection Solution for OTT Platforms and Websites

Bharti Airtel introduces a new AI-powered fraud detection tool that blocks malicious websites across various communication platforms, including OTT apps, emails, and browsers.

5 Sources

15 May 2025

Wix Challenges Adobe and Canva with Launch of AI-Powered Design Platform Wixel

Wix, the website builder company, has entered the competitive visual design market with Wixel, an AI-driven platform aimed at democratizing design for both professionals and novices.

3 Sources

Hedra Secures $32M in Series A Funding to Advance AI-Generated Character Videos

Hedra, an AI startup specializing in lifelike video generation, has raised $32 million in a Series A funding round led by Andreessen Horowitz. The company aims to revolutionize character-driven storytelling with its advanced AI models.

4 Sources

Qualcomm Unveils Snapdragon 7 Gen 4: A Leap in AI Performance for Mid-Range Devices

Qualcomm's new Snapdragon 7 Gen 4 chip brings significant improvements in AI capabilities, CPU and GPU performance to mid-range smartphones, with a focus on on-device AI processing and enhanced gaming features.

8 Sources

Alibaba Reports 6% Annual Revenue Growth, Highlighting AI-Driven Strategy Amid Economic Uncertainties

Alibaba's latest financial results show a 6% increase in annual revenue and a 62% surge in net income, demonstrating the effectiveness of its AI-driven strategy and signaling renewed strength in China's tech sector despite economic challenges.

3 Sources

Box Unveils New AI Agents for Enhanced Enterprise Content Management

Box introduces a suite of AI agents designed to revolutionize enterprise content management, offering advanced search, research, and data extraction capabilities, along with integration into Microsoft 365 Copilot.

4 Sources

Infosys Expands Collaboration with DNB Bank to Accelerate Digital Transformation

Infosys announces an extended partnership with Norway's largest bank, DNB, to modernize its IT infrastructure and enhance customer experience using AI and ML technologies.

2 Sources

Dell Launches AI-Powered 'Plus' Portfolio in India: Integrating Copilot+ and Advanced Features

Dell introduces a new range of AI-enabled laptops in India, featuring Intel Core Ultra processors and Copilot+ capabilities, aimed at enhancing productivity and creativity for users.

4 Sources

Guelph General Hospital Pioneers Digital Pathology in Canada with Sectra's Cloud Service

Guelph General Hospital becomes the first in Canada to integrate Sectra's digital pathology module into their cloud service, enhancing diagnostic accuracy and interdepartmental collaboration.

2 Sources

Samsung Developing AI-Powered Image-to-Video Feature for Galaxy Smartphones

Samsung is reportedly working on an innovative AI tool that can transform still images into short, realistic videos. This feature is expected to debut in future Galaxy smartphones, potentially as part of the Galaxy AI suite.

4 Sources

Stability AI and Arm Unveil Stable Audio Open Small: A Lightweight, On-Device Audio Generation Model

Stability AI, in collaboration with Arm, has released Stable Audio Open Small, a compact and efficient audio-generating AI model capable of running on smartphones and other mobile devices.

2 Sources

Klarna's AI Gambit: From Efficiency Boost to Financial Setback

Klarna, the buy-now-pay-later giant, faces challenges after its aggressive AI adoption strategy, including workforce reduction and delayed IPO plans, amid rising losses and economic uncertainties.

11 Sources

XPeng Unveils Next-Generation P7 Electric Sports Sedan with Advanced AI Features

XPeng, the Chinese AI-driven smart electric vehicle company, has revealed the first images of its next-generation P7 sports sedan, showcasing a blend of cutting-edge AI technology, smart driving capabilities, and luxurious design.

3 Sources

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