Rise in AI Search Engine Use Ushers New Marketing Era
Bain & Company reveals that 80% of search engine users rely on AI summaries at least 40% of the time, forcing brands to rethink their marketing strategies or lose visibility.
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Luminance Raises $75 Million
Artificial intelligence company Luminance raised $75 million.
Ascendion and Axos Bank Join Efforts to Revolutionize Digital Banking With AI
In collaboration with Ascendion, a leader in AI-driven software engineering, Axos Bank’s Zenith platform is set to incorporate innovative features that streamline banking operations and offer personalized services to its users.
Stacks Raises $10 Million
Self-described artificial intelligence-powered workspace Stacks has stated that it has become richer by $10 million.
Elon Musk’s xAI Releases Grok 3
Elon Musk’s xAI has unveiled its latest artificial intelligence model called Grok 3.
South Korea Plans to Secure 10,000 GPUs for National AI Computing Centre
On Monday, February 17, South Korea announced its plans to secure 10,000 high-performance graphics processing units in a bid to keep pace as the global artificial intelligence race escalates.
Chip Designer Arm Reportedly Plans to Become Chip Manufacturer
The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.
OpenAI Seeks to Grand Expansion
OpenAI is currently one of the leading players in the global artificial intelligence industry, which since 2015 has gone from being one of the Silicon Valley startups with only a name and a very ambitious goal to perhaps the main source of transformation of the technological environment, now striving to scale its activities.
Workday Launches Tool for Managing AI Agent Fleets
Workday has launched a tool that helps companies manage their artificial intelligence agents.
Baidu CEO Says About AI Spend
Baidu chief executive officer Robin Li said on Tuesday, February 11, that investments in data centers and cloud infrastructure are still necessary, even though the example demonstrated by DeepSeek contains reasons to doubt the cost efficiency of large artificial intelligence models.
EU to Mobilize 200 Billion Euros for AI Investments
European Commission President Ursula von der Leyen said on Tuesday, February 11, that the European Union would mobilize a total of 200 billion euros ($206.5 billion) to invest in artificial intelligence in the region.
Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI
On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.
French Alternative to Stargate AI Secures $112B
As Paris is hosting the Artificial Intelligence Action Summit, French President Emmanuel Macron revealed that the local AI ecosystem has secured €109 billion in private investments.
Saudi Arabia Announces $14.9B AI Investment
In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.
Oracle Adds New AI Features to Financial Software
Oracle on Thursday, February 6, added another set of artificial intelligence tools to NetSuite, one of its corporate finance software offerings, some of which, among other things, can speed up for consumers to receive a price quote on purchases like custom bicycles.
PaySpace Magazine is dedicated to providing the latest news and updates on artificial intelligence (AI). Stay informed about the newest advancements in AI technology, applications, and trends. Explore a wide range of comprehensive articles, insightful interviews, and expert opinions to gain valuable insights into the constantly evolving world of AI. Whether you are a passionate tech enthusiast, an experienced industry professional, or simply curious about AI, PaySpace Magazine is the ultimate destination to fulfill all your cravings for AI-related news and information.
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