Jabil Inc. has seen a 27% stock price increase over the past nine months, driven by its strategic expansion into the AI sector. The company has revised its fiscal year 2025 revenue target to $27.9 billion, surpassing initial estimates and Wall Street expectations. AI-related business is expected to generate $7.5 billion for Jabil this year, […]
Midjourney’s V7 image generator represents a major advancement in AI artistry, focusing on realistic light, shadow, and texture. V7 improves on anatomical accuracy and detail, moving past limitations of earlier AI models. The model excels in rendering intricate materials and lighting, enhancing digital creativity. “Draft Mode” allows for rapid iteration, facilitating creative exploration and refinement. […]
AI PCs are set to transform business operations with unprecedented workplace technology advancements. Equipped with Neural Processing Units (NPUs), AI PCs enable on-device AI workloads, reducing the need for cloud reliance. Benefits include reduced latency, enhanced real-time processing, energy efficiency, and robust privacy protections. The balance between cloud and local computing allows enterprises to leverage […]
SoundHound AI, Inc. faces a securities class action lawsuit, raising concerns about its financial reporting and governance practices. The lawsuit focuses on alleged financial misreporting due to compromised internal controls during acquisitions, notably SYNQ3 and Amelia Holdings, Inc. Investors have until May 27, 2025, to nominate lead plaintiffs to spearhead legal actions and potentially secure […]
Qualcomm has partnered with Movian AI to enhance its commitment to artificial intelligence innovation, marking a strategic move beyond its Snapdragon fame. The acquisition allows Movian AI to merge its AI expertise with Qualcomm’s semiconductor prowess, promising accelerated technological evolution. The partnership aims to redefine industry standards in smartphones, PCs, and software-defined vehicles through advanced […]
Google introduces Gemini Live, an AI-driven augmented reality feature transforming smartphones into intuitive, real-time guides. Part of Project Astra, this shift integrates AI with real-world experiences, enhancing how users interact with technology. Initially exclusive to flagship devices, Gemini Live aims to be more accessible, available via a $19.99 monthly subscription, Gemini Advanced. Gemini Live gradually […]