Artificial Intelligence NewsFeed

April 3, 2025

Siemens Acquires Dotmatics for $5.1 Billion

Siemens AG has agreed to acquire Dotmatics, a research and development software maker backed by Insight Partners, for $5.1 billion as part of its push to provide more artificial intelligence software to life sciences companies.

https://news.bloomberglaw.com/private-equity/siemens-is-said-to-near-deal-for-insight-backed-dotmatics

April 3, 2025

Sitetracker Inc. Seeks $1 Billion Sale Partner

Sitetracker Inc., a software platform for managing infrastructure assets, is exploring a potential $1 billion sale. The company is working with Evercore Inc. to find a buyer, according to people familiar with the matter.

https://news.bloomberglaw.com/private-equity/sitetracker-is-said-to-tap-evercore-for-1-billion-sale-1

April 3, 2025

Thomson Reuters Rejects Ross Intelligence's Appeal Bid

Thomson Reuters has rejected Ross Intelligence Inc.'s request for a quick appeal of a decision that its AI-powered legal tool's ingestion of Westlaw headnotes is not fair use under copyright law. The company, Reuters, claims the alleged impact on AI is manufactured and an "piecemeal" appeal would prolong litigation.

https://news.bloomberglaw.com/litigation/reuters-hits-back-at-bid-for-quick-appeal-of-ai-fair-use-win

April 3, 2025

UK Government's AI Plan Sparks Creative Sector Backlash

The UK government's proposal to allow AI firms to train models on copyrighted content without permission has sparked protests from the creative sectors and sympathetic lawmakers. The plan, which is still on track despite opposition, aims to include mechanisms for artists to opt out and transparency requirements on AI firms to disclose how their models have been trained. However, officials acknowledge that the technology does not currently exist at scale to achieve these objectives, and a fresh round of reviews may further hinder progress.

https://www.politico.eu/article/uk-plans-fresh-round-talks-lawmakers-ai-copyright-proposals/

April 3, 2025

US Seeks Buyers for Half of TikTok Stake

US President Donald Trump initially expressed reluctance to block social network TikTok but later signed an executive order delaying its blocking until April 5. He suggested the US should own half of TikTok, but didn't clarify what this meant. In contrast, President Joe Biden signed a law in 2024 requiring Chinese corporation ByteDance to sell or terminate TikTok's US operations by January 19. The US administration is now seeking potential buyers for 50% of TikTok's shares.

https://www.fakti.bg/en/biznes/961395-amazon-wants-to-buy-tiktok

April 3, 2025

XploraDEX Revolutionizes Trading with AI Features

XploraDEX has introduced AI-driven features that revolutionize trading on its platform. Traders can now leverage machine-learning algorithms to make high-probability buy and sell decisions in real-time, while predictive insights provide market outlooks and trend alerts. The platform also optimizes liquidity for the best pricing and minimal slippage at XRPL speeds. Additionally, AI-powered portfolio smart tools help users rebalance their portfolios, alert them to volatility shifts, and suggest yield-maximizing strategies.

https://www.manilatimes.net/2025/04/03/tmt-newswire/globenewswire/xploradex-is-quietly-becoming-the-biggest-defi-opportunity-on-the-xrp-blockchain-join-xpl-presale/2085526

April 2, 2025

Amazon's Alexa Plus Rolls Out to Select Users

Amazon's new AI-powered Alexa Plus is set to be rolled out to a limited number of Echo users, following its unveiling in February. The assistant comes with several features, including improved voice recognition and smart home control capabilities. However, it will require a monthly subscription fee, which may deter some users.

https://www.news18.com/tech/amazon-brings-the-premium-alexa-ai-version-that-still-cannot-do-everything-9283387.html

April 2, 2025

ClickSavvy Boosts Social Media Reach by 100%

A new platform called "ClickSavvy" has revolutionized content creation by introducing an AI-powered tool that allows users to increase their social media reach by 100%, boost engagement by 200% and reduce time spent on content creation by 40%. The platform's founder, Rachel Kim, claims that the technology uses machine learning algorithms to analyze user behavior and optimize content for maximum impact.

https://channelnewsasia.com/brand-studio/heres-how-one-bubble-tea-company-used-ai-power-its-social-media-presence-4989596

April 2, 2025

CoreWeave Raises $1.5B from Nvidia and Microsoft

CoreWeave, a Livingston, New Jersey-based company, raised $1.5 billion from its IPO, with Nvidia contributing $250 million. The company, which initially focused on Ethereum mining before pivoting to AI development, reported revenue of $1.92 billion in 2024, with Microsoft accounting for roughly two-thirds of its income.

https://channelnewsasia.com/business/coreweave-shares-soar-past-ipo-price-third-trading-day-5038096