Electronic design-automation providers stand to gain $6 billion through 2030, Bloomberg Intelligence's AI scenario analysis shows, with AI-enabled tools like Synopsys' DSO.ai and Cadence's Cerebrus seeing performance gains among its customers.
Growing use of generative AI to help with product design can help shorten the window from conception to production, reducing long lead times that often produce inventory imbalances and missteps.
Bloomberg Tax and Accounting announced a new strategic partner program with major tax prep software providers in order to expand the set of available tools for users.
Tech giants are set to spend a staggering $200 billion on AI-related capital expenditures this year, according to Bloomberg's calculations, marking an all-time high for these
Alphabet Inc.’s Google plans to preview artificial intelligence technology that takes over a web browser to complete tasks such as research and shopping, the Information reported.
SK Hynix Inc. is accelerating the launch of its next-generation AI memory chips after Nvidia Corp. Chief Executive Officer Jensen Huang asked the South Korean supplier if it can provide samples six months earlier than originally planned,
Companies are aggressively recruiting top AI talent, with some offering lucrative compensation.
Apple will reportedly drop another batch of Apple Intelligence features during the first week of December. AI emojis, ChatGPT, and more are expected.
Italy’s largest bank aims to hire 3,500 “young people,” many in hybrid contractor roles, in a “generational” shift to artificial intelligence, along with greater emphasis on wealth and insurance.
While the Ray-Ban Meta smart glasses are locked to using Meta AI, there are other smart glasses on the market that have chosen to adopt OpenAI's ChatGPT as their assistant of choice, like the Solos AirGo 3 smart glasses.
Coatue Management is looking to raise $1 billion to amplify bets on artificial intelligence and tech innovation, marking the first time in several years it has sought cash for the flagship fund.