News
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Axelera Raises Stakes With $100M Funding Bid in European AI Chip Market Boom
French AI chip startup Axelera is aiming to raise at least $100 million, as demand for European AI hardware grows.…
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Ericsson Profit Misses as AI Demand Increases Chip Costs
Ericsson reported quarterly profits below analyst estimates as soaring demand for AI-powered telecom networks pushed up semiconductor costs, affecting margins.…
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Ericsson Profit Miss Linked to AI-Fueled Chip Costs
Ericsson reported quarterly profits below analyst expectations, citing higher costs associated with AI-driven demand for advanced chips. The company faces…
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MIT Unveils AI-Powered Protein Design Tools for Biologists
MIT has developed new AI-driven protein-design tools to help biologists worldwide accelerate research and drug discovery. These tools aim to…
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Dairy Queen Expands Drive-Thru Operations With Voice AI Rollout
Dairy Queen is partnering with Presto to deploy voice AI technology across its drive-thru locations after successful initial tests. The…
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Stanford FutureLaw Summit Spotlights AI Transformation in Legal Industry
Stanford Law School hosted the FutureLaw event to examine how AI is transforming the legal industry. Attendees explored potential shifts…
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US Lawmakers Accuse China of Aggressive AI Tactics Amid Tech Rivalry
US lawmakers criticize China for aggressively advancing its AI capabilities through both legal and illegal means, spotlighting growing concerns over…
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GM Leverages AI Tools to Boost Auto Design Innovation
General Motors designers are integrating AI tools into their workflow to boost creativity, speed up concept development, and refine vehicle…
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AI Boosts Efficiency for Federal Agencies Amid Staffing Shortages
Federal agencies are increasingly using AI tools to boost productivity and maintain service levels despite having fewer staff. The technology…
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San Francisco AI Tech Boom Reshapes City Economy
San Francisco is experiencing a unique tech boom driven by rapid AI growth, according to the city's chief economist. The…