2024 saw a pivot to specialized AI agents and personalized search tools, with on-device AI driving adoption despite skepticism about added costs for smartphones.
With Waymo and Uber scaling operations via partnerships, robotaxis could become a competitive force in global transportation markets.
Critical flaws in its flagship AI hardware force Nvidia into a rushed redesign, threatening delayed shipments and sparking doubts about the AI industry’s breakneck expansion.
Rebranding may be the best option for financial institutions that can’t otherwise shed their outdated perceptions.
The Spanish bank launched its digital speedboat in the US before most of its products become available.
With AMD and MediaTek entering the market, Nvidia and Qualcomm may face pricing pressure. Affordable AI tech could drive adoption in emerging markets, reshaping global competition.
Soaring GPU and data center demand could inflate costs and delay the benefits of AI expansion.
To serve customers with more “complex financial needs,” Bank of America will build 165 new financial centers in key US regions.
A $1.5 billion valuation could intensify pressure to meet investor demands, raising concerns about its balance between AI safety and profitability.
Anthropic bets on security and compliance to compete with OpenAI’s enterprise lead, but demonstrating its unique appeal is key.
Some are disproving the commonly held belief that they can’t reach profitability.
Global smartphone shipments are up 7.8% YoY in Q1. Samsung leads, Apple slips, and Chinese brands gain.
JPMorgan, Bank of America, and Nationwide have committed to maintaining or expanding their in-person presence even as competitors close brick-and-mortar outposts.
Its expansion reflects a financial sector trend of finding new modes for profit generation amid market volatility.
AI enhances B2B advertising: LinkedIn’s latest feature levers OpenAI models to improve ad creation efficiency.
The chipmaking giant is appealing for its government to shore up production on key manufacturing equipment to better compete with the US and China.
Google expands its cloud but pivots to a simplicity sprint to counter the down economy: Innovation could be dialed down further for 2023 as Big Tech’s most multifaceted behemoth rethinks its strategies.
Fewer potential buyers think they’ll make a deal next year, citing a recession, fears about talent retention, and fintech uncertainty as reasons why.
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