Foxconn, the world's largest contract electronics maker, reported its highest-ever revenue for the fourth quarter, exceeding expectations with a 15.2% increase to T$2.13 trillion ($64.72 billion). The company's strong demand for artificial intelligence (AI) servers drove growth in its cloud and networking products division, particularly from customers such as Nvidia, an AI chip firm. In contrast, sales of smart consumer electronics, including iPhones assembled by Foxconn, experienced "roughly flattish" year-on-year growth.
https://www.brecorder.com/news/40341182/foxconn-beats-estimates-with-record-fourth-quarter-revenue-on-ai-demandGoogle showcased a new "always-on" mode for TVs at CES that uses sensors to display relevant information such as news reports or weather forecasts when a user is near. This development is part of a broader trend in artificial intelligence, dubbed the "leap year," where companies like Google and others are releasing advanced AI models, including Google's Gemini model. These advancements enable systems to handle uncertainty more effectively, explain their reasoning processes, and adapt to new information, with applications across various fields such as scientific research and creative production.
https://www.pymnts.com/artificial-intelligence-2/2025/google-reportedly-bringing-gemini-ai-to-tv-sets/HERE is launching a commercial vehicle version of its WeGo Pro mobile app in 2025, which will integrate its AI Assistant to provide transportation and logistics companies with optimized truck routing and real-time fleet management capabilities. The AI Assistant will allow drivers and fleet operators to optimize routes based on time or cost constraints and adapt to changing road conditions for efficient operations, while also enabling voice control through natural language to reduce distractions and increase safety.
https://www.manilatimes.net/2025/01/07/tmt-newswire/globenewswire/here-technologies-unveils-ai-powered-intelligent-guidance-assistant-for-software-defined-vehicles-and-transportation-companies/2031791Infosys reported modest growth in its latest quarter, but fell short of market expectations. The company's margins improved by 10 basis points due to reduced onsite costs and enhanced operational efficiencies. However, analysts from Motilal Oswal Financial Services anticipate margin pressures in the December quarter due to seasonal furloughs and fewer working days. Infosys is implementing cost-saving initiatives such as subcontractor optimisation and its "Project Maximus" plan to offset these challenges. The company has also delayed salary hikes for employees, but selective increments are being given to top performers in high-demand areas like artificial intelligence.
https://indiatoday.in/business/story/it-giant-infosys-delays-annual-salary-hikes-to-q4-3-reasons-why-stmp-2660403-2025-01-06US stocks opened higher on Monday, led by a surge in chip companies benefiting from investment in generative artificial intelligence. The Dow Jones Industrial Average rose 0.4 percent to 42,879.88, while the S&P 500 increased 0.9 percent to 5,993.49. Chip designer Nvidia and Micron Technology saw significant gains, with shares rising by 3.3 percent and 9.4 percent respectively. The Nasdaq Composite jumped 1.3 percent to 19,882.28. Additionally, Fubo's stock soared 150 percent after Disney announced a merger with Hulu+ Live TV, while Disney's share price rose 0.3 percent. This week will be marked by the release of fresh jobs data and minutes from the US Federal Reserve's interest rate decision, as well as earnings reports from companies such as Delta Airlines and Walgreens Group Alliance.
https://www.brecorder.com/news/40341321/us-stocks-edge-higher-on-rebound-in-chip-stocksNVIDIA CEO Jensen Huang delivered the keynote address at CES 2025, which can be watched live on Engadget's website. Samsung is expected to showcase its new TVs, refrigerators, and other products with AI capabilities starting at 5PM ET. The company also announced that its cute home robot, Ballie, will go on sale this year. Other notable announcements include Roborock's new robot vacuum with an arm that can pick up small objects, Apple's plan to clearly label Apple Intelligence notification summaries in the coming weeks, and TiVo OS coming to Sharp TVs in the US. Additionally, Google is integrating Gemini AI into its smart home ecosystem, AMD is releasing a new gaming chip called Ryzen Z2, and HP is launching new Elitebooks powered by Intel's AI chips.
https://engadget.com/gaming/xbox/xbox-cloud-streaming-is-coming-to-new-lg-smart-tvs-204457962.htmlNVIDIA CEO Jensen Huang delivered his CES 2025 keynote live on Monday evening. Samsung showcased its new TVs, refrigerators, and other products that incorporate AI technology at the event. The company also announced that its cute home robot, Ballie, will go on sale this year. Other notable announcements include Roborock's new robot vacuum with an arm that can pick up small objects, Apple's plan to clearly label Apple Intelligence notification summaries in the coming weeks, and TiVo OS coming to Sharp TVs in the US. Additionally, Google announced that its Gemini AI smarts will be integrated into Google Home devices later this year, making the Assistant a more conversationalist. AMD also showcased its new Ryzen Z2 chip for next-gen gaming handhelds and Xbox Cloud Streaming on new LG smart TVs.
https://engadget.com/computing/the-amd-ryzen-9-9950x3d-is-another-16-core-beast-with-144mb-of-3d-v-cache-194535290.htmlRetailers are facing a significant concern with a high rate of product returns, at 28%, which could reduce their profit margins. According to Caila Schwartz, director of Consumer Insights at Salesforce, retailers who have adopted AI and agents are seeing benefits, but these tools will be crucial in the new year to minimize revenue losses on returns and re-engage with shoppers. During the holiday season, orders placed through smartphones peaked on Christmas day, with 79% of all orders being made through mobile devices. Retailers also used social media platforms like TikTok Shop and Instagram to generate interest, which drove 14% of traffic to e-commerce sites.
https://channelnewsasia.com/business/ai-influenced-shopping-boosts-online-holiday-sales-salesforce-data-shows-4840541At CES 2025, Samsung announced that it will incorporate AI into its new TVs, refrigerators, and other products starting at 5PM ET. The company also showcased its cute rolling home robot, the Ballie, which is set to go on sale this year. Other notable announcements include Roborock's new flagship robot vacuum with an arm that can pick up small objects, Apple's plan to more clearly label Apple Intelligence notification summaries, and TiVo OS coming to Sharp TVs in the US. Additionally, Google announced that Gemini AI smarts will be integrated into its smart home ecosystem, including Google TVs, later this year. AMD also showcased its new Ryzen Z2 chip for next-gen gaming handhelds and its Ryzen 9 9950X3D desktop CPU with 144MB of 3D V-cache.
https://engadget.com/ai/watch-nvidia-ceo-jensen-huang-deliver-his-ces-2025-keynote-live-here-174947969.html