AMD plans to acquire server maker ZT Systems for $4.9 billion in cash and stock to expand its AI chips and hardware. The acquisition will be funded 75% in cash, with the remainder covered by AMD stock. ZT Systems CEO Frank Zhang will join AMD and report to Forrest Norrod, who heads AMD's data center division. The company anticipates that ZT Systems will positively impact its financial performance by late 2025.
AIAMD | Duplicated with: 1 | Rating: 71 | 2024-08-19 01:25:32 PM |
Deep-Live-Cam is an open-source AI face-swapping software that allows users to change their face in real-time during video calls or live streams. It uses advanced deepfake technology and requires only one photo to replace the user's face with someone else's. The tool is accessible on GitHub, making it a powerful yet potentially risky tool.
AIAI | Duplicated with: 1 | Rating: 58 | 2024-08-17 12:35:15 AM |
Rivalz Network, a Mali and Indonesian-based blockchain startup, has raised $9 million in funding to advance its AI Intel infrastructure. The funding round attracted top investors such as Delphi Ventures, D1 Ventures, Gate.io, Magnus Capital, and Cogitent Ventures. The startup aims to reshape the AI landscape with its introduction of the first AI Intel Layer, innovating AI data and decentralized infrastructure.
AIRivalz | Rating: 57 | 2024-08-15 05:55:29 PM |
Avatar.One, a Solana-based AI companion platform, has surpassed 120,000 monthly active users globally since its launch earlier this year. The platform's 3D AI companions are designed to help users combat loneliness, which is linked to a 50% higher risk of dementia and a 30% increased risk of stroke for older adults.
AIAvatar.One | Rating: 58 | 2024-08-14 02:55:20 PM |
Sahara AI, a decentralized AI startup co-founded by a University of Southern California associate professor, has raised $43 million in a Series A funding round to tackle complex copyright and privacy challenges in the AI industry. The round was led by Pantera Capital, Binance Labs, and Polychain Capital, with Samsung, Matrix Partners, dao5, and Geekcartel among other participants. The company plans to expand its global team, improve the platform's performance, and broaden its developer community with the new funds.
AISahara | Rating: 62 | 2024-08-14 01:55:16 PM |
Huawei is set to launch a new AI chip, Ascend 910C, designed to challenge Nvidia's dominance in China. The chip is currently undergoing tests with major tech firms and has reportedly informed potential clients that it can match or surpass Nvidia's H100 in terms of capabilities. Huawei has informed potential clients that the new chip is comparable to Nvidia's H100, which was introduced last year and isn't directly available in China.
AIHuawei | Rating: 57 | 2024-08-13 11:05:16 PM |
Google has launched new AI features for Android devices, including the Gemini AI assistant, to integrate artificial intelligence into its hardware. The company aims to get ahead of competitors like Apple, which is expected to roll out similar features later this year. The new Android updates may boost income through the Gemini AI subscription service.
AIGoogle | Duplicated with: 1 | Rating: 71 | 2024-08-13 06:05:14 PM |
io.net, a DePIN platform, has announced a strategic partnership with NetMind.ai to enhance the delivery of AI solutions. The partnership aims to leverage the strengths of both companies to deliver powerful, cost-effective AI solutions for users. The collaboration will see the two companies share resources and integrate their platforms to rapidly enhance computational capabilities.
AIio.net | Rating: 42 | 2024-08-12 01:26:00 PM |
Intel, America's largest chipmaker, secured $8.5 billion from the U.S. government's CHIPS Act and is building new facilities in Arizona, New Mexico, Ohio, and Oregon. Despite this, the company is facing declining revenues and laying off staff, with 17,500 employees, over 15% of its workforce, being laid off in an effort to cut costs and improve efficiency.
TechIntel | Rating: 53 | 2024-08-10 09:26:07 PM |
Elon Musk's X is facing scrutiny from the EU's Data Protection Commission (DPC) over the collection of users' data to train its artificial intelligence chatbot Grok without consent. The DPC has initiated High Court proceedings against X, citing concerns about the use of European users' data for the next version of Grok, which Musk has hinted will be released this month. The commission had been in discussions with X for several months, most recently last Thursday.
AIX | Duplicated with: 1 | Rating: 57 | 2024-08-07 03:56:16 PM |