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Cohere and Aleph Alpha merge to form a $7 billion AI powerhouse with global headquarters in Toronto, aiming to challenge American tech giants.

AI Business

BDC unveils the $500 million LIFT initiative to empower 1,000 Canadian SMEs with AI adoption, enhancing productivity by 24% and boosting national GDP potential...

AI Generative

OpenAI unveils ChatGPT Images 2.0, leveraging advanced reasoning for $0.21 per image, while xAI's Grok Imagine offers a budget-friendly $0.02 alternative.

AI Business

AI Business

LivePerson launches Syntrix to tackle the AI confidence gap in customer service, aiming to boost adoption from single-digit percentages to meet rising consumer expectations.

AI Business

Cybersecurity stocks trade at a 24% premium over the broader software sector, showing how resilience and adaptive strategies can guide software firms amidst AI...

AI Business

European chipmaker ASM International's shares surged 9% to an all-time high, driven by robust AI demand and optimistic sales forecasts for Q2.

AI Business

AI models could reduce the 99% false positive rate in transaction monitoring, as highlighted by banking executives at a recent webinar hosted by AML...

AI Technology

AI Technology

OpenAI targets a monumental 30GW AI compute capacity by 2030, significantly surpassing Amazon and Anthropic's 6GW goals, driving demand for advanced semiconductors.

AI Technology

SpaceX reveals substantial risks and complexities in its orbital AI computing initiative, citing high technical challenges and unproven technologies in a recent investor report.

AI Technology

Intel's robust sales forecast of up to $14.8 billion for June, driven by soaring AI demand, propelled shares 20% higher to record levels.

AI Technology

Nvidia integrates Groq's technology into its Vera Rubin platform, boosting bandwidth to 150 TB/s and addressing imminent von Neumann architecture limits.

AI Technology

AI-enabled nerve monitoring systems are revolutionizing surgical safety as hospitals adopt advanced solutions to address rising surgical volumes and workforce shortages.

AI Technology

Indian Finance Minister Nirmala Sitharaman met with bank leaders to address AI risks, following Anthropic's alarming claims about its Claude Mythos model's cybersecurity threats.

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