Google recently announced its initiative called the AI Futures Fund, aiming to invest in AI startups. This venture is designed to provide capital, early access to unproduced AI models, and support from Google’s internal experts. To date, Alphabet, Google’s parent company, has already invested in 38 AI firms, including notable acquisitions such as DeepMind, Waymo, […]
OpenAI is demonstrating significant growth in enterprise adoption, surpassing its competitors in capturing businesses’ spending on AI technologies. Recent data from fintech company Ramp reveals that as of April, 32.4% of U.S. businesses were subscribed to OpenAI’s models and tools, a notable increase from 18.9% in January and 28% in March. In contrast, other AI […]
Samsung Electronics reported impressive revenue figures for the first quarter of 2025, achieving a record KRW 79.14 trillion (approximately $55.4 billion), reflecting a 10% increase year-over-year. This robust growth comes in the face of ongoing challenges within the semiconductor market and heightened global trade uncertainties. The company’s operating profit reached KRW 6.7 trillion ($4.68 billion), […]
Fastino, a startup based in Palo Alto, is innovating in the AI space by adopting a different approach to model architecture. Unlike major tech firms that typically develop enormous AI models requiring costly GPU clusters, Fastino has focused on creating small, task-specific models. These compact models are optimized for efficiency, allowing them to be trained […]
Generative AI is changing the landscape of global competition and geopolitics, presenting unique challenges and opportunities for nations and businesses. Insights were shared by leaders from Boston Consulting Group (BCG) and its tech division, BCG X, who explained the complex dynamics at play in the global AI race, particularly the roles of superpowers such as […]
Research conducted by Vlerick Business School highlights how AI significantly improves budget allocation in corporate financial planning when guided by strategic principles. The findings indicate that businesses utilizing AI for budgeting achieve enhanced accuracy and efficiency compared to traditional human decision-making. The study, led by Professor Kristof Stouthuysen and PhD researcher Emma Willems, aimed to […]
ServiceNow has unveiled its new Yokohama platform, aimed at enhancing enterprise efficiency by deploying AI agents across various sectors. These preconfigured agents are designed to deliver immediate productivity improvements by integrating seamlessly on a unified platform, allowing for enhanced coordination between different business functions. The Yokohama platform not only provides tools to build, onboard, and […]
Palo Alto-based You.com has launched ARI, a cutting-edge AI research agent tailored for businesses seeking competitive insights. This tool, known as Advanced Research & Insights, is designed to transform the management consulting landscape, estimated at $250 billion, by providing comprehensive and accurate reports in just minutes. According to You.com, ARI is capable of producing detailed […]
As the AI industry shifts its focus toward transparency and security, discussions regarding the concept of "openness" in AI models are intensifying. Experts from open-source security firm Endor Labs shared insights on these critical issues. Andrew Stiefel, Senior Product Marketing Manager at Endor Labs, highlighted the necessity of borrowing lessons from software security for AI […]
As AI becomes an integral part of daily life, experts are anticipating significant transformations for the year 2025. They discuss how advancements in AI will redefine industries, workflows, and the broader conversation concerning its societal impact. Shift to Purpose-Driven Models Grant Shipley from Red Hat predicts a departure from judging AI models solely by their […]