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Nvidia Tops the Market in AI Boom

On June 18, 2024, Nvidia secured its position as the world’s most valuable company, surpassing tech giants like Microsoft and Apple. This pivotal moment was underlined at the SA Investing Summit, where industry leaders gathered to discuss market trends and technological advancements. Knox Ridley and His Bold Predictions Knox Ridley, portfolio manager of the I/O Fund, took to the stage at the…

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Snap's Bold AR and AI Expansion

On May 3, 2024, during the 2024 IAB NewFronts event, Snap Inc. unveiled a comprehensive suite of augmented reality (AR) and machine learning (ML) tools, targeting brands and advertisers with the aim of enhancing user interaction through immersive experiences on its Snapchat platform. This development signifies Snap’s escalated endeavors in the AR domain, facilitating the AR creation process and…

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Google Gemini App's Debut in India

Google’s CEO, Sundar Pichai, recently announced the launch of the Gemini mobile app in India, marking a significant step towards enhancing AI-driven solutions for the Indian market. The Gemini app, providing support for multiple Indian languages, is positioned to make Google’s state-of-the-art AI services more accessible across the country. This move not only underscores Google’s commitment to…

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Apple Launches AI Training for Students

On June 18, 2024, Apple announced an important expansion in its educational initiatives, now incorporating Artificial Intelligence (AI) training for all students and alumni of the Apple Developer Academy. This move is part of Apple’s broader AI strategy, following the recent unveiling of Apple Intelligence for iPad, iPhone, and Mac devices. Worldwide Impact Through Developer Academies The…

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Apple AI Leap Challenges Nvidia

In a surprising turn of events, Apple has released what many are calling an ‘AI Bombshell,’ potentially setting the stage for a significant 50% surge in AAPL stock. This development puts Apple in direct competition with Nvidia, long considered the king of Artificial Intelligence (AI) investments. The news has shaken up the tech and investment communities, sparking debates on whether anyone can…

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AI Stocks Redefine Investment Norms

The rapid evolution of Artificial Intelligence (AI) technology has significantly impacted investment patterns on Wall Street, with prominent companies like Nvidia, Apple, and Microsoft driving substantial market shifts. The focus on AI has not only increased the valuation of tech giants but also influenced the strategies of investors looking for lucrative opportunities in this burgeoning…

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You.com Aims for AI Assistant Market with $50M Funding

The AI-assistant market is becoming increasingly crowded, with tech giants and startups alike vying for dominance. One of the latest entrants to make waves is You.com, a startup that is positioning itself as a significant contender in the industry with a fresh injection of $50 million in capital. This move is part of a strategic shift for the company, which is looking to establish a foothold in…

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TikTok's Leap into AI-Generated Avatars

TikTok has recently unveiled its most innovative project yet: AI-generated Digital Avatars. Through a new beta program, TikTok is providing content creators and advertisers with the opportunity to experiment with AI-driven narrators, potentially revolutionizing how stories are told on the platform. This significant technological advancement builds on the platform’s existing AR capabilities,…

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McDonald's Halts AI Drive-Thru Test

McDonald’s, the global fast-food giant, has recently announced the cessation of its Artificial Intelligence (AI) driven drive-thru order taking pilot program. This decision comes after a collaboration with IBM to test automated order taking (AOT) technology in over 100 restaurants. The initiative aimed to enhance service speed and simplify operations but will be discontinued without expansion for…

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AI Impact on Employment in 2024

As artificial intelligence (AI) continues to evolve, its impact on the workforce is becoming more pronounced. In 2024, discussions around AI’s role in job creation and automation are at the forefront of technology and labor conversations. Parmy Olson, a noted journalist, has shed light on the dichotomy of AI, highlighting both the negative and positive aspects AI brings to employment. The Fear of…

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Siri and iOS 18 Updates Delayed

The pace of innovation at Apple has always been a topic of great interest, and recent reports suggest that significant updates to Siri and iOS 18, dubbed ‘Apple Intelligence’ features, are on the horizon. However, these most anticipated updates may not see the light of day until 2025. According to sources, Apple’s vision for a highly intelligent Siri involves the ability to navigate devices based…

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McDonald's Halts AI Drive-Thru Trials

McDonald’s recent foray into artificial intelligence for drive-thru ordering has stumbled. The fast-food giant announced the cessation of its AI drive-thru ordering system, partnership initially forged with IBM in 2021. This bold experiment aimed to streamline service and address workforce gaps but has met with less than favorable reception from the public. Overview of McDonald’s AI…

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Nvidia's Stock Split and AI Forecast

Amidst the buzzing technology sector, Nvidia stands out with its recent 10-for-1 stock split and a soaring focus on Artificial Intelligence (AI). The company, recognized for its groundbreaking GPUs, has now set its sight on dominating the AI industry, positioning itself as a central figure in technology’s future. 10-for-1 Stock Split: A Strategy Revealed Nvidia announced a 10-for-1 stock split, a…

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AI in Healthcare: EU and US Trends 2024

The realm of healthcare is witnessing a transformative phase with the integration of Artificial Intelligence (AI), significantly enhancing both delivery and efficiency. This is evident within the European Union (EU) and the United States (US), where AI adoption is not just a futuristic vision but a present reality. These regions stand at the forefront, leveraging AI to tackle some of healthcare’s…

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Tesla Shareholders Sue Elon Musk

Tesla shareholders have initiated a lawsuit against CEO Elon Musk and the company’s board members over Musk’s decision to start an artificial intelligence firm, xAI, allegedly in direct competition with Tesla. This suit brings to forefront the intricate balance of Musk’s diversified investment and involvement in multiple technology companies and its impact on Tesla’s shareholder value and market…

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LinkedIn Elevates Learning with AI

On a significant day of June 13, 2024, LinkedIn, a major player in the professional networking and learning space, has announced an innovative leap in its services. The platform is set to introduce more AI-powered coaching features within LinkedIn Learning. This strategic move aims to address the rapidly evolving skill requirements in today’s job market. According to LinkedIn’s assertions, the…

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Amazon's $230M Boost to AI Startups

In a significant show of support for the technological future, Amazon Web Services (AWS) has announced a massive investment aimed at AI startups. The tech giant is adding $230 million in cloud credits, an action that underscores its commitment to fostering innovation and supporting the growth of artificial intelligence (AI) technology across the globe. This initiative is set to empower startups…