Author: Advanced AI Editor
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Increased tariffs on products imported to the U.S. hit “effectively all product categories,” but they pose an elevated risk to discretionary product categories such as electronics, apparel, sporting goods and toys in particular, according to a Monday report from PitchBook shared with Retail Dive. Increased uncertainty with consumer demand is expected to also slow venture capital and private equity-driven deal activity and deals that do materialize will feature more strict structures, according to the report. Companies that paused efforts like…
Certinia Inc., the developer of services delivery software based on the Salesforce Inc. platform, today released a series of new and updated features aimed at improving service delivery, project management and customer success through expanded artificial intelligence capabilities and operational automation. The company, which was previously called FinancialForce Inc., said its Spring ’25 release focuses on helping services organizations manage resources, estimate projects, track customer engagement and streamline administrative processes. Two generative artificial intelligence features are now available to early adopters. The GenAI Resource Summary provides a consolidated view of candidate profiles, highlighting relevant skills and past experience to support faster…
[Submitted on 7 Apr 2025 (v1), last revised 14 Apr 2025 (this version, v2)] View a PDF of the paper titled Frontier AI’s Impact on the Cybersecurity Landscape, by Wenbo Guo and 5 other authors View PDF HTML (experimental) Abstract:As frontier AI advances rapidly, understanding its impact on cybersecurity and inherent risks is essential to ensuring safe AI evolution (e.g., guiding risk mitigation and informing policymakers). While some studies review AI applications in cybersecurity, none of them comprehensively discuss AI’s future impacts or provide concrete recommendations for navigating its safe and secure usage. This paper presents an in-depth analysis of…
Researchers from Stanford University early today published the latest edition of their annual AI Index Report, detailing the growing influence of artificial intelligence technologies on our society and the global economy. The Stanford Institute for Human-Centered Artificial Intelligence, known as Stanford HAI, has been publishing its annual reports on the state of the AI industry since 2017. This year’s edition, the eighth, is the “most comprehensive” report to date, spanning more than 430 pages. The authors say it’s arriving at a critical juncture as the influence of AI across society rapidly accelerates with the emergence of increasingly capable and sophisticated…
A techie took to Reddit to share his “horrible” interview experience with IBM Bengaluru. He claimed that a recruiter reached out to him for a mid-senior Application Developer role and assured him that his salary expectations would be considered. The candidate, currently earning a CTC of Rs 16 LPA, said he had clearly stated a minimum expectation of Rs 24 LPA. The recruiter, according to him, mentioned that the company’s budget was up to Rs 22 LPA, but if he performed well in the interviews, he could be offered Rs 23 LPA along with a Rs 1.4 lakh joining bonus.…
At least nine members of the Massachusetts Institute of Technology (MIT) community have unexpectedly had their visas and immigration statuses revoked, President Sally Kornbluth said, expressing serious concern over the move. This could undermine the United States’ global scientific leadership and competitive edge, she said.In an email to the MIT community dated April 14, Ms Kornbluth said nine researchers and students had their visas and immigration permissions rescinded without prior notification. “Since April 4, nine members of our community – students, recent graduates and postdocs – have had their visas and immigration status unexpectedly revoked,” she wrote.The action, part of…
AsianFin — The global venture capital (VC) transaction volumes plunged in the first quarter of 2025, according to global research institutions Crunchbase and PitchBook-NVCA.Despite a decline in overall deal volume, artificial intelligence (AI) investments have experienced the most robust quarter in the first quarter of 2025 since mid-2022.Global VC transactions in Q1 2025 reached 7,551 deals, a 32% year-over-year decline, as per PitchBook. However, the total transaction value surged to $126.3 billion, representing a 53.46% increase compared to the same period in 2024.AI and machine learning led the charge, with 2,101 transactions worth $73.1 billion, making up 57.87% of the…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Dive Insight: Michaels has a few opportunities to grab market share from disappearing retailers. Chief Merchandising Officer Stacey Shively in a statement went so far as to call Michaels “the destination for creating and celebrating in communities across North America.” The crafts retailer came close to swallowing Party City’s share whole: Michaels was listed as the backup bidder at Party City’s bankruptcy auction in February. But, with a $20 million bid, New Amscan, an affiliate of producer, manufacturer and distributor…
By Sumedh Nadendla We’re on the cusp of a new era of AI enablement. Google claims new AI training tech is now 13x faster and 10x more power efficient, while DeepMind‘s Jest is optimizing training data for increasingly impressive gains. As AI models become more sophisticated by orders of magnitude each month and the costs for powerful LLMs continue to come down, we can expect to see even more adoption of AI across industries. Sumedh Nadendla While the future of AI is still uncharted waters, we are starting to see clear parallels with the previous internet revolution and rise of…
Artificial intelligence services at their heart are massive data plays: you need data — a lot of it — to build the models, and then the models need efficient ways to ingest and output data to work. A company called Hammerspace has built a system to help AI and other organisations tap into data troves with minimal heavy lifting, and it’s been seeing impressive adoption. Now, with customers including NVIDIA, Meta, Tesla, Palantir and the Department of Defense as well as other very recognisable names, Hammerspace is announcing $100 million in funding to expand its business. The funding is being…