Humane in Talks with Indian Telecom Companies to Launch Innovative AI Pin
Humane, a startup backed by Sam Altman, is in talks with Indian telecom companies to launch its AI Pin, priced at $699 with a $24 monthly subscription. This innovative device offers unlimited data and a phone number for AI-powered queries, revolutionizing the way individuals engage with artificial intelligence.
New Study Reveals Promising Findings in Prostate Cancer Research
The latest study in prostate cancer research has revealed promising findings that could revolutionize the way high-risk prostate cancer patients are identified. Prof David Wedge of Manchester Cancer Research Centre has discovered that the most common type of prostate cancer has two distinct ways of developing in the body, potentially opening up new avenues for targeted treatment. This groundbreaking research could potentially lead to a significant shift in the way high-risk prostate cancer patients are identified and treated, offering hope for more targeted and effective interventions.
Baidu’s Strategic Planning Amid Potential GPU Shortages
Baidu’s strategic planning acknowledges potential unavailability of cutting-edge GPUs, but emphasizes confidence in software capabilities to outperform local competitors. CEO Robin Li highlights minimal short-term impact of US chip sanctions and underscores the company’s powerful foundation model and AI chip reserve. Baidu’s proactive approach addresses potential challenges in accessing leading-edge GPUs, emphasizing its commitment to maintaining a competitive edge in the rapidly evolving AI landscape.
Subaru Partners with Dell Technologies to Enhance Driver Safety with AI and Advanced Storage Solutions
Subaru Corporation partners with Dell Technologies to enhance driver safety through AI and advanced storage solutions. Dell’s PowerScale infrastructure will advance Subaru’s EyeSight Driver Assist Technology, ensuring safety by monitoring traffic dynamics and issuing warnings. The collaboration aims to revolutionize transportation safety and innovation.
Revolutionising Identity Services Using AI
Trust Stamp, a global provider of AI-powered identity services, has revolutionized the world of identity verification. Co-founded by Gareth Genner and Andrew Gowsack, Trust Stamp’s innovative technology has secured over $110,000 in funding and $3.68 million in net sales in 2021. By harnessing data mining and biometric science, Trust Stamp sets new benchmarks in online identity verification, catering to sectors such as banking, government, real estate, and humanitarian services.
Dell Technologies’ Shares Surge Over 15% After-Hours on Q4 Earnings Beat
Dell Technologies’ shares surged by over 15% in after-hours trading following the release of its fourth-quarter results for fiscal 2024. The company exceeded analysts’ expectations, particularly in the demand for its artificial intelligence servers. Key figures include earnings per share of $2.20 adjusted versus $1.73 expected by LSEG, and revenue of $22.32 billion as opposed to the anticipated $22.16 billion by LSEG. Despite a decrease in revenue from the previous year, Dell reported a net income of $1.16 billion, marking an 89% increase from the same period in the prior year. The company also announced a 20% increase in the annual dividend, now standing at $1.78 per share. Dell anticipates reporting revenue between $21 billion and $22 billion for its first quarter and expressed optimism about AI momentum and returning to growth for fiscal 2025.
Investors Await C3.ai’s Earnings Report
Investors are eagerly awaiting the upcoming earnings report from C3.ai, a key player in the enterprise AI software industry. Despite initial success, C3.ai’s stock has faced skepticism and high short interest, with some analysts expressing doubts about its long-term prospects. C3.ai offers a wide range of enterprise AI applications, catering to various sectors including manufacturing, financial services, government, utilities, and defense. However, C3.ai’s recent financial performance has raised concerns among investors, with uncertainties about its path to profitability. As the enterprise AI sector continues to evolve, C3.ai’s earnings report will provide crucial insights into the company’s performance and its ability to navigate the competitive landscape.
Revolutionizing Catalyst Development with AI and Automated Lab Infrastructure
Artificial intelligence and automated laboratory infrastructure are revolutionizing the development of new chemical catalysts. Researchers at ETH Zurich have utilized these tools to efficiently synthesize the energy source methanol from CO2. With advanced infrastructure, the team successfully developed approximately 150 catalyst compositions for producing methanol from CO2 in less than six weeks, marking a significant time-saving compared to conventional methods. The researchers have published two papers on their method, highlighting the potential of methanol as a key element for a sustainable hydrocarbon economy.
Apple cancels electric car project after decade-long effort
Apple Inc. is canceling its ambitious project to build an electric car after a decade-long effort, surprising nearly 2,000 employees involved in the endeavor. The decision will result in employees being reassigned to Apple’s artificial intelligence division, with a focus on generative AI projects. The fate of the hardware engineers and vehicle designers remains uncertain, with potential layoffs. The termination of the project has led to a positive response in Apple’s stock and investor outlook, marking a significant development for the company.
Oppo and OnePlus smartphones to receive AI-powered features through ColorOS update
The ColorOS New Year Edition update for Oppo and OnePlus smartphones brings AI-powered features like Magic Eraser, AI image deletion, AI call summaries, and updates to Xiaobu Assistant and Xiaobu Photo Studio. This update includes over 100 AI-powered enhancements, similar to Google’s Magic Eraser and Samsung’s AI capabilities on Galaxy devices. The AI image deletion feature allows users to erase unwanted elements in photos, similar to the Magic Eraser on the latest Google Pixel 8 series. The AI call summary feature generates transcriptions and timestamps after phone calls, and Xiaobu Assistant receives major AI upgrades for more natural conversations.