Tag: Business

Merit Circle DAO teams up with Immutable to expand its blockchain reach

Do you want to get the latest gaming industry news straight to your inbox? Sign up for our daily and weekly newsletters here. The Merit Circle DAO, a gaming-focused decentralized autonomous organization for running a blockchain network, has teamed up with Immutable on its Web3 platform. The Merit Circle DAO is recognized as the world’s largest DAO, […]

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Automated proposal writing startup AutogenAI raises $39.5M from Salesforce Ventures and others

Are you ready to bring more awareness to your brand? Consider becoming a sponsor for The AI Impact Tour. Learn more about the opportunities here. Writing proposals to satisfy requests-for-proposals (RFPs) and win funding can be a slog, even for those organizations with experience doing it — as it typically involves a mix of providing […]

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Michael Zetser and Flyfish.com: Revolutionizing the world of digital banking

Introduction In the fast-paced and ever-evolving world of fintech and digital banking, one name stands out — Michael Zetser. He’s not just another entrepreneur in the field; he’s a visionary who has dedicated his career to making banking services accessible, secure and efficient for individuals and businesses worldwide. Michael Zetser is the visionary behind Flyfish.com, […]

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Exclusive: Databricks launches new tools for building high-quality RAG apps

Are you ready to bring more awareness to your brand? Consider becoming a sponsor for The AI Impact Tour. Learn more about the opportunities here. Today, data ecosystem major Databricks announced new retrieval augmented generation (RAG) tooling for its Data Intelligence Platform to help customers build, deploy and maintain high-quality LLM apps targeting different business […]

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AMD introduces data center and PC chips aimed at accelerating AI

Advanced Micro Devices said it is unveiling its AMD Instinct MI300X and MI300A accelerator chips for AI processing in data centers. AMD CEO Lisa Su announced the new AMD Instinct chips at the company’s data center event today. In the third-quarter analyst call on October 31, Su said she expected MI300 would be the fastest […]

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Why MongoDB Stock Dropped Today

Shares of MongoDB (MDB -7.48%) are down 7.8% as of 1:45 p.m. ET Wednesday despite an impressive quarterly report from the NoSQL database platform provider. For MongoDB’s fiscal third quarter ended Oct. 31, 2023, revenue grew 30% year over year to $432.9 million, translating to adjusted (non-GAAP) net income of $79.1 million, or $0.96 per […]

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2023: the year of women as economic powerhouses

People have long joked about “women and their shopping.” Despite the stereotype suggesting shopping for personal needs, women’s purchasing for much of history was mostly related to the household. 78% of women identify as the primary shopper of their household, according to an April 2023 consumer study.  However, the times they are are a-changin’, and […]

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Treehouse Games unveils Voyagers of Nera co-op survival game

Do you want to get the latest gaming industry news straight to your inbox? Sign up for our daily and weekly newsletters here. Treehouse Games has taken the wraps off its debut title, Voyagers of Nera, a cooperative survival crafting game set in a magical oceanic world. The title announced at the Wholesome Snack 2023: […]

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Google takes aim at OpenAI with launch of powerful new AI model Gemini

Are you ready to bring more awareness to your brand? Consider becoming a sponsor for The AI Impact Tour. Learn more about the opportunities here. Google has finally unveiled Gemini, its much-hyped new artificial intelligence model that experts say could become a key asset in the race for AI supremacy against rivals OpenAI, Microsoft, Meta, […]

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Google pins its hopes on Gemini AI to redeem troubled assistant Bard

Are you ready to bring more awareness to your brand? Consider becoming a sponsor for The AI Impact Tour. Learn more about the opportunities here. Google is hoping its new Gemini AI model can revive fortunes for its conversational assistant Bard, after Bard’s lackluster performance failed to match the hype. Bard launched earlier this year […]

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AI infrastructure major VAST Data’s valuation surges to over $9B after fresh funding

Are you ready to bring more awareness to your brand? Consider becoming a sponsor for The AI Impact Tour. Learn more about the opportunities here. VAST Data, the technology major creating an infrastructure layer for the age of AI, today announced it has raised $118 million in a series E round of funding, led by […]

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GameOn Technology changes its name to On as it raises $25M

Do you want to get the latest gaming industry news straight to your inbox? Sign up for our daily and weekly newsletters here. On, previously known as GameOn Technology, has raised $25 million in funding as it transitions from sports to enterprise AI technology. Bolstered by this fresh capital infusion, On aims to revolutionize the […]

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Gamedev.world will highlight game devs in 8 languages in a 24-hour streamed event

Do you want to get the latest gaming industry news straight to your inbox? Sign up for our daily and weekly newsletters here. Gamedev.world will debut on December 9 and December 10 as a game developer conference translated live into eight languages across 24 hours of streaming. The conference, the sequel to an event first […]

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The daily business briefing: December 6, 2023

1. Job openings fall to lowest since 2021 U.S. job openings fell in October to a 2-1/2-year low, adding to evidence that the Federal Reserve’s aggressive interest rate hikes to bring down inflation are having the desired effect of damping the economy. The Labor Department’s Job Openings and Labor Turnover Survey indicated there were 1.34 […]

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Electric Vehicle Sense And Nonsense

Tesla co-founder and CEO Elon Musk introduces the newly unveiled all-electric battery-powered Tesla … [+] Cybertruck at Tesla Design Center in Hawthorne, California on November 21, 2019. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images) AFP via Getty Images As in so many policy issues, the discussions about […]

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Why Shiseido Is Dropping Free Generative NFTs Over Art Basel Miami

An image from Shiseido’s generative art project with Art Blocks. Shiseido Japanese beauty brand Shiseido is teaming up with Art Blocks Engine for generative digital art project Future Reflections, unveiled over Art Basel Miami. Guided by an algorithm based on the key ingredients of Shiseido’s Future Solutions LX collection (including the enmei herb and ahoy […]

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Rangers’ Bruce Bochy ‘Amazed’ About Winning World Series In Return To Dugout

Texas Rangers manager Bruce Bochy responds to questions during the Major League Baseball winter … [+] meetings Tuesday, Dec. 5, 2023, in Nashville, Tenn. (AP Photo/George Walker IV) Copyright 2023 The Associated Press. All rights reserved No one seemed happier at last year’s Winter Meetings than Bruce Bochy. He was returning to baseball to manage […]

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FC Barcelona Defender Ronald Araujo Suffers Cheekbone Fracture, SPORT Reports

FC Barcelona defender Ronald Araujo suffered a fractured cheekbone against Atletico Madrid. Anadolu via Getty Images FC Barcelona defender Ronald Araujo suffered a small fracture in his cheekbone during Sunday’s win over Atletico Madrid according to SPORT. Barca kept hopes of retaining their La Liga title alive by beating Diego Simeone’s men 1-0 at the […]

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Estée Lauder – A Winner This Holiday Season And Into The Future

Estee Lauder Companies Inc.. Photographer: Daniel Acker/Bloomberg © 2017 Bloomberg Finance LP The Estée Lauder Companies EL is a global leader in beauty – it operates in a dynamic and vibrant industry benefitting from favorable demographic trends. Company success comes from managing a carefully balanced and diversified portfolio of businesses powered by multiple engines of […]

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Figuring Out What Artificial General Intelligence (AGI) Consists Of Is Enormously Vital And Mindfully On The Minds Of AI Researchers At Google DeepMind

Trying to nail down what we mean by AI and AGI. getty In today’s column, I am going to do a deep dive into what is meant by the oft-mentioned terms known as Artificial Intelligence (AI) and Artificial General Intelligence (AGI). You might be under the assumption that both AI and AGI are tightly defined […]

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Why The Residential Solar Industry Is In Danger Of Imploding

This story appears in the October/November 2023 issue of Forbes Magazine. Subscribe This $30 billion industry is built on a shaky foundation of cheap money, questionable accounting and aggressive claims for federal tax credits. With money no longer cheap, subsidies a matter of politics and swirling allegations of fraud, a collapse could be coming soon. […]

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401(k) hardship withdrawals rise

Here are three of the week’s top pieces of financial insight, gathered from around the web: Roth accounts gain in popularity More employers are now offering access to a Roth 401(k), said Greg Iacurci at CNBC. In 2022, 89.1% of businesses with a 401(k) plan “allowed workers to set aside money in a Roth account,” […]

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3 Top Energy Stocks to Buy in December

The energy sector encompasses a lot of different industries, and every investor should probably have a little exposure somewhere along the line. If you are looking at this broad area as December gets underway, you might want to consider Chevron (CVX -1.39%), Duke Energy (DUK -0.28%), and Brookfield Renewable (BEP -2.55%) (BEPC -2.44%). Here’s a […]

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BAT takes £25bn charge on US cigarette brands

British American Tobacco (BAT) has said it will book a £25 billion impairment charge on some of its US cigarette brands. Shares in the company slumped by as much as 8% in early trading on Wednesday as a result. The Dunhill and Lucky Strike maker linked the charge to “the current macroeconomic headwinds impacting the […]

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Prada CEO says it aims to double business in China in medium term

By Casey Hall SHANGHAI (Reuters) – Prada has ambitions to double its business in China over the medium term, Gianfranco D’Attis, chief executive of the Italian luxury fashion house’s flagship brand, said on Wednesday. “That means increasing our investments,” D’Attis said in a group interview in Shanghai. Prada will have bigger stores, more local products […]

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