Snowflake Unveils Arctic Large-Language Model for AI Business Applications
Data-warehousing firm Snowflake just launched what it said is the best option for enterprise artificial-intelligence applications.
The strategy earns the most profit if Snowflake closes right at 150 at June expiry, where the profits are estimated to be around $1,110 per contract.
In the closing of the recent trading day, Snowflake Inc. (SNOW) stood at $157.78, denoting a -0.82% change from the preceding trading day.
(Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. Bloomberg and the Information have reported that Microsoft-backed OpenAI is working on a search product to potentially compete with Alphabet's Google and with Perplexity, a well-funded AI search startup. The announcement could be timed a day before the Tuesday start of Google's annual I/O conference, where the tech giant is expected to unveil a slew of AI-related products.
When Class founder Michael Chasen was in college, he and a buddy came up with the idea for Blackboard, an online classroom organizational tool. Chasen later developed Class, a Zoom add-on, during the pandemic to help teachers make better use of Zoom in a classroom setting, something they struggled to do early in the pandemic.
It’s time for Google’s I/O 2024 conference. This event will spotlight Android 15 and Gemini, with room for plenty of surprises.
Japan's SoftBank is in talks to acquire British AI chip developer Graphcore, according to a report.
BENGALURU/MUMBAI (Reuters) -India's Bank of Baroda said on Wednesday the central bank has lifted restrictions on onboarding customers through its mobile application. The Reserve Bank of India had stopped Bank of Baroda from adding customers to its mobile app in October, citing "certain material supervisory concerns," without giving any details about the issues. The RBI's move came after news agency Al Jazeera reported, in July 2023, citing whistleblowers, that Bank of Baroda had linked mobile numbers of strangers to boost registrations on its application.
Buyout firm Bain Capital is in talks to take education-software provider PowerSchool private, a person familiar with the matter said on Wednesday. The deal, which is still a few weeks away from getting signed, is likely to value PowerSchool somewhere in the $20s per share, according to the source, who requested anonymity as the discussions are confidential. At that price, a deal would value PowerSchool at roughly $6 billion, including debt, based on Reuters calculations.
A group that represents audio streaming firms including Spotify and France's Deezer in Europe has urged the European Commission to reject Apple's proposal in a music streaming case. Digital Music Europe expressed concern in a letter submitted to the European Commission on Tuesday that Apple's proposal to comply with the regulator's March order, in which the iPhone-maker was fined 1.84 billion euros ($1.98 billion), does not provide concrete and effective remedies.
On Thursday, Wix.com Ltd (NASDAQ:WIX) announced the launch of the AI Portfolio Creator, which enhances how users create and showcase an online professional portfolio. What Happened? This solution uses in-house AI image clustering technology and the latest AI models to enable users to quickly, easily, and professionally display media online by inputting only a few words. The AI Portfolio Creator streamlines the portfolio creation journey, empowering users to effortlessly upload extensive image co