Is Perplexity AI really a threat to Google Search?

Perplexity AI, a startup in the AI search engine sector, is steadily making waves in the search industry.  Founded just two years ago, the company’s innovative approach to search is drawing attention as it begins to encroach on the dominance of established giants like Google.  With a unique method for delivering search results and engaging… Continue reading Is Perplexity AI really a threat to Google Search?

io.net and NetMind.AI partner to boost AI and machine learning capabilities

In a strategic move aimed at enhancing Artificial Intelligence (AI) and machine learning (ML) capabilities, io.net and NetMind.AI have announced a partnership that will leverage the strengths of both companies. This collaboration is set to provide powerful and cost-effective AI solutions, benefiting end users and developers alike. Strategic partnership to enhance computational resources The partnership… Continue reading io.net and NetMind.AI partner to boost AI and machine learning capabilities

UK competition watchdog to review $35 billion Synopsys-Ansys merger: What’s at stake?

The UK Competition and Markets Authority (CMA) has announced its intention to review the proposed $35 billion acquisition of Ansys by Synopsys.  This review comes amid growing concerns about market consolidation and competition within the global chip design software sector, a critical area for technological innovation and advancement. CMA’s review focuses on competition impact The… Continue reading UK competition watchdog to review $35 billion Synopsys-Ansys merger: What’s at stake?

Piper Sandler raises Robinhood’s rating to ‘Overweight’ and price target to $23: Should you buy?

Piper Sandler has upgraded Robinhood Markets (NASDAQ: HOOD) to an “Overweight” rating from “Neutral,” and increased their price target from $20 to $23.  This adjustment suggests a potential upside of over 28% from the stock’s current trading price, presenting an attractive entry point after a 27% pullback from its 52-week high on July 16.  This… Continue reading Piper Sandler raises Robinhood’s rating to ‘Overweight’ and price target to $23: Should you buy?

India’s Bharti Enterprises buys 24.5% stake in UK’s BT Group from Altice

Indian billionaire Sunil Bharti Mittal’s Bharti Enterprises has announced an agreement to purchase a 24.5% stake in BT Group from Patrick Drahi’s Altice, marking a significant investment in the UK telecoms giant. The deal is seen as a vote of confidence in BT Group and the broader UK market, as Mittal, a prominent figure in… Continue reading India’s Bharti Enterprises buys 24.5% stake in UK’s BT Group from Altice

SoundHound stock surges 18% following acquisition of Amelia AI: Good time to buy?

SoundHound AI saw its stock price jump by 18% today after announcing the acquisition of Amelia AI in an all-cash deal.  This strategic move has sparked renewed investor interest, as SoundHound positions itself to expand its capabilities and market reach, particularly in the growing field of artificial intelligence (AI). What is Amelia AI? Amelia AI… Continue reading SoundHound stock surges 18% following acquisition of Amelia AI: Good time to buy?

Palantir shares surge 6% following strategic partnership with Microsoft

Palantir Technologies saw a 6% surge in its stock price on Thursday following the announcement of a strategic partnership with Microsoft.  This collaboration aims to enhance secure cloud, analytics, and artificial intelligence (AI) capabilities for the US defense and intelligence communities, reinforcing Palantir’s strong presence in the government sector. Palantir, renowned for its advanced software… Continue reading Palantir shares surge 6% following strategic partnership with Microsoft