Perplexity AI Acquires Read.cv
Perplexity AI, an artificial intelligence-powered search engine, acquires Read.cv, a social media platform for professionals that competed with Linkedln.
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AI Agent Market Cap Sees Tremendous Growth
The market capitalisation of cryptocurrencies traded by AI agents surged by 322% in the fourth quarter of 2024.
Nvidia Invests in MetAI Startup Developing AI-Powered Digital Twins
Nvidia has made its first investment in a Taiwanese startup MetAI, focusing on AI-driven digital twin technology, within its $4 million seed funding round.
US Tightens Its Grip on AI Chip Shipments
Last Monday, January 13, the United States government announced the continuation of its efforts to expand restrictions on the export of artificial intelligence chips and technologies.
Female-Led Fintech: Top Apps Addressing Gender-Specific Issues
While the progress of gender equality in the world is unquestionable, a larger part of the global unbanked population is female, with the divide being more prominent in developing economies. However, select fintech startups focus on narrowing this gap, addressing gender-specific financial challenges with their tech-driven solutions.
TSMC Posts Revenue
Taiwan Semiconductor Manufacturing Co. (TSMC) has released information on its revenue for the quarter ended in December.
Nevermined Secures $4M Funding to Develop PayPal-Like AI-Commerce Platform
Nevermined received fresh funding to develop a payment system tailored for seamless transactions between AI agents, addressing the limitations of traditional payment infrastructure in the rapidly evolving AI-Commerce space.
Samsung Ramps Up Investments in AI
Samsung Electronics Co. is currently increasing its investment in artificial intelligence for consumer electronics.
Anthropic Reportedly to Raise $2 Billion
The media published information that the startup Anthropic, which is currently one of the largest players in the global artificial intelligence industry, is close to concluding the deal to raise an additional $2 billion.
AI Startups Drive VC Funding Resurgence
According to data that was published by PitchBook on Tuesday, January 7, artificial intelligence startups have made significant contributions to the recovery of United States venture capital funding from market lows.
Salesforce Data Shows AI-Powered Shopping Boosts Online Holiday Sales
Salesforce has released a report stating that chatbots powered by artificial intelligence helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by almost 4% year-on-year.
Global Chip Stocks Demonstrate Increase
Global semiconductor stocks on Monday, January 6, demonstrated growth after contract electronics giant Foxconn announced record fourth-quarter revenue, a testament that the so-called artificial intelligence boom has room to run.
Baidu Founder Predicts Boom in AI Apps in 2025
Robin Li, founder of Baidu, a pioneer in the area of artificial intelligence in China, said that in 2025, the number of apps powered by AI will show exponential growth.
Microsoft Plans to Invest $80 Billion on AI-Enabled Data Centers
Microsoft plans to invest about $80 billion in the development of data centers for training artificial intelligence models and deployment of AI and cloud-based apps in fiscal 2025.
OfBusiness Launches Nexizo: AI-Driven Platform for Empowering Indian SMEs
OfBusiness introduced Nexizo.AI, an AI-empowered platform designed to enhance growth and efficiency for small and medium enterprises (SMEs) operating in India, particularly in the infrastructure and manufacturing sectors.
Nvidia Sees Biggest Market Gains in 2024 Fueled by AI Demand
A surge in Nvidia’s market cap value is largely attributed to the high demand for the company’s AI-focused chips, which are integral to various innovative applications.
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