Tag: ARTIFICIAL INTELLIGENCE
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Strong Performance of New-Age Startups Amid Financial Challenges
New-age startups demonstrated stronger performance and profitability in FY24 amid a challenging funding landscape. Many companies, including PhonePe and Lenskart, achieved revenue growth, while others faced revenue declines. A focus on cost management has become essential for sustainability and preparing for public offerings. New-age companies had a robust performance in fiscal year 2024, with several…
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Korean Tech Giants Unveil AI Innovations at CES 2025
South Korean tech giants Samsung, LG, and SK Group will showcase AI innovations at CES 2025 in Las Vegas, focusing on smart home and mobility solutions. Samsung will unveil new AI-integrated appliances, LG will present a concept car platform, and SK Group will highlight advancements in AI memory technologies. The event is expected to attract…
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Korean Tech Giants Showcase AI Innovations at CES 2025
At CES 2025, South Korean tech leaders Samsung and LG will showcase AI-driven innovations for smart homes and vehicles. Samsung introduces new integrated displays to home appliances, while LG explores mobile AI applications. SK Group exhibits advanced memory technologies integral to AI development, with significant discussions anticipated with Nvidia’s CEO. South Korea’s technology behemoths, Samsung…
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Alibaba Enhances Smart Glasses Market Through Partnership with RayNeo
Alibaba Group is expanding its presence in the AI hardware sector through a partnership with RayNeo, enhancing smart glasses with AI technology. Alibaba Cloud will provide customized AI models using its Qwen LLMs, marking a pioneering collaboration in China. The rise of generative AI is revitalizing interest in smart glasses, as demonstrated by other companies…
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The Future of Voice Assistants: AI Agents Promise Enhanced Utility
Voice assistants, such as Google Assistant, Alexa, and Siri, have largely failed to fulfill their potential in assisting users with complex tasks since their introduction. However, the rise of generative AI agents may enable these platforms to evolve and provide meaningful assistance in daily life. Technology investments in AI agents are increasing, indicating a potential…
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Potential AI Data Center Development Near Byron Nuclear Plant
The Byron Clean Energy Center is potentially set to host an AI data center following a recent rezoning approval by the Ogle County Board. Although no final decisions have been made, local officials express optimism regarding the project, which could significantly impact the community’s economic landscape. The increasing power demands of AI technologies align with…
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Navigating India’s Upcoming AI Regulations: Implications for Tech Companies
This article discusses the impending national AI regulations in India and their potential impact on tech companies. With AI projected to significantly boost the GDP of developing countries, organizations must be proactive in ensuring compliance with new data protection standards. Seeking expert guidance and leveraging boxed-AI solutions will be crucial for managing AI innovations without…
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Samsung Accelerates Robotics Development Amid Business Challenges
Samsung Electronics is increasing its investments in the robotics sector, becoming the largest shareholder in Rainbow Robotics. This move aims to drive growth amidst challenges in its core businesses. The competition with key players like Hyundai, Tesla, and NVIDIA points toward a rapidly developing humanoid robotics market, projected to exceed USD 2 billion by 2027,…
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Big Tech’s Future in 2025: Navigating AI, Antitrust, and Energy Innovations
As we approach 2025, big tech firms are focusing on AI, nuclear energy, and evolving political challenges. In 2024, spending on AI surged, with companies investing heavily to remain competitive. The need for proprietary AI chips has led firms to develop their own technologies. Political dynamics and antitrust scrutiny are expected to impact operations, while…
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Chinese Tech Giants Outpace U.S. Firms in NVIDIA GPU Acquisitions
In 2024, Tencent and ByteDance surpassed Google and Amazon in acquiring NVIDIA AI GPUs, securing around 230,000 units each, while Microsoft led with 485,000 units purchased. This surge showcases the growing influence of Chinese firms in AI amid U.S. restrictions. Furthermore, U.S. tech companies are increasingly investing in their in-house chip development to complement their…