Recently, AI startup 11x, which is dedicated to transforming the modern workforce, announced it has secured $24 million in financing, with the goal of changing how businesses operate through autonomous digital employees. CEO and founder Hassan Sukar stated, "We believe that within the next two years, digital employees will become an essential part of daily operations for businesses worldwide." Note: Image generated by AI, image licensed by service provider Midjourney. This funding will primarily be used to accelerate product development and expand the team.

Recently, the US Department of Commerce released a proposal requiring artificial intelligence (AI) companies to provide detailed reports, aimed at stricter regulation of this rapidly evolving technological field. The notice, titled 'Proposed Rules,' was published on September 9, with the intention of ensuring the safety, reliability of AI technology, and preventing potential misuse by foreign adversaries or non-state actors. Photo credit: Image generated by AI, image licensed from Midjourney. Secretary of Commerce Gina Raimondo stated at a press conference that the rapid development of AI...

Small businesses play an indispensable role in the U.S. economy, employing nearly half of the workforce and contributing 44% of GDP. However, when owners of these economic pillars consider exiting, they often face a dilemma of limited choices. OffDeal, a startup nurtured by the Y Combinator Winter 2024 accelerator, is dedicated to solving this issue through innovative AI technology. OffDeal is co-founded by former investment banker Ori Eldarov and former Meta engineer Alston Lin.

A startup team from Mexico City, 'Somewhere Someone', successfully attracted collaboration from Adidas by designing a football team jersey using artificial intelligence, showcasing the integration of technological innovation and traditional craftsmanship. The team created innovative product concept images through AI image generation technology, particularly incorporating traditional Mexican embroidery elements into the design of the Adidas-styled national team jersey, capturing global attention. This design not only enhances the unique appeal of the product but also provides economic independence opportunities for over 3,000 artisans, potentially impacting 15,000 people. Adidas' involvement not only promotes...

OpenAI's paid business segment has reached a significant milestone, with the number of paid commercial users for its ChatGPT Enterprise, Team, and Edu products surpassing one million, marking a substantial increase since April. This reflects strong market demand for generative AI technology. Survey data indicates that enterprise users have achieved notable improvements in productivity, time savings, and innovation, particularly in areas such as research gathering, content drafting and editing, and creative brainstorming. Additionally, user growth has been particularly rapid in international markets such as Germany, Japan, and the United Kingdom.

Reddit, known for its vast user community and rich data resources, has opened up new revenue streams through data licensing. The platform hosts over 100,000 active communities, attracting 76 million users daily and generating a massive amount of data that includes real-time discussions, opinions, and interactions, which is highly valuable for AI and machine learning model development. With the rapid advancement of AI technology, Reddit's data has become a key resource for training AI models. In 2023, Reddit launched its data licensing program, which is expected to grow significantly in 2024.

Dell Technologies Group's second-quarter fiscal report for 2025 demonstrates strong performance, with total revenue reaching $25.026 billion, a year-over-year increase of 9%. The Infrastructure Solutions Group performed impressively, generating $11.6 billion in revenue, a 38% increase, with server and networking revenue jumping 80% to $7.7 billion. However, the storage business reported revenue of $4 billion, down 5%. The Client Solutions Group's revenue was $12.4 billion, reflecting a 4% year-over-year decline. Demand in the AI sector continues to climb, with demand for AI-optimized servers at $3.2 billion, a 23% quarter-over-quarter increase.

Amazon Web Services (AWS) has launched a new High Performance Computing (HPC) management service - AWS Parallel Computing Service, aimed at simplifying the process for businesses to access and utilize supercomputing resources, lowering the barrier to entry. This service utilizes the open-source tool Slurm to manage clusters, allowing users to easily set up and manage clusters of Amazon Elastic Compute Cloud (EC2) instances on AWS without complex system administrator support. Businesses only need one AWS account to experiment and test the advantages of their workloads in large-scale computing.

Bland AI, a startup founded in 2023, is revolutionizing business phone support through AI technology and recently completed a Series A funding round of $16 million, bringing its total funding to $22 million. Supporters include Scale Venture Partners, Y Combinator, Max Levchin, Piotr Dąbkowski, and Jeff Lawson. Its mission is to enhance the efficiency of business phone communication, with AI agents capable of providing 24/7 service.

SenseTime's performance report for the first half of 2024 showcases strong capabilities in the AI sector, particularly with a 256% year-over-year growth in its generative AI business, which for the first time surpassed traditional AI, accounting for 60% of total revenue. Total revenue reached 1.74 billion yuan, a 21% increase year-over-year, although the net loss was 2.47 billion yuan, with the loss margin narrowed by 21% compared to the previous year. The impressive performance of the generative AI business marks a strategic shift in the company's focus, with significant technical strength as its large model 'Ri Ri Xin' outperformed GPT-4Tu in several evaluations.

Since the release of ChatGPT in November 2022, nearly 9% of the newly registered AI companies in China have either been canceled, revoked, or ceased operations, amounting to almost 80,000 businesses, which represents 8.9% of all new registrations during the same period. Over the past three years, more than 200,000 AI-related companies have been deregistered or revoked. In the last decade, 353,000 AI businesses have vanished. Currently, there are 1.8043 million AI-related companies in China, with more than 4,500 recognized by the Ministry of Industry and Information Technology as part of the AI industry system, and over 180 large models providing services to the public.

Microsoft has fully opened its facial recognition technology Face Check to businesses, aiming to provide more secure identity verification services. By combining users' selfies with verified identity photos, the technology effectively prevents cybercrime, reducing attack pathways reliant on insecure verification methods by 65%. Face Check is integrated into Microsoft Entra's digital identity services, using deep learning algorithms to identify and thwart deep fakes and other deceptive tactics, thereby protecting user privacy. Companies can purchase the service separately, with a fee of $0.25 for each verification.

On August 12, the e-commerce platform 1688 announced the launch of a new initiative called 'Efficiency Improvement and Revenue Increase', designed specifically for source manufacturers in industrial belts to aid in their business growth and efficiency enhancement. As part of this initiative, 1688 will offer merchants a free 'AI Business Assistant' service to help new merchants ensure a stable order volume, number of customers, and reasonable profit margins.

A survey by Google Cloud and the National Research Group highlights the significant impact of generative AI on enterprise ROI. Among global companies surveyed, 61% adopted generative AI, with 74% achieving returns within a year and 86% reporting revenue growth exceeding 6%. AI is seen as a key driver of business growth, particularly in customer service, productivity enhancement, and process optimization, leading to a 45% overall productivity incr....

Zhang Kuo, President of Alibaba International Station, announced the B2B AI procurement search engine in Paris, showcasing the latest upgrade of the AI Business Assistant. The upgrade includes a streamlined product release function that reduces the time for merchants to post products to 60 seconds, and an AI automatic reception service that responds to overseas customers in real-time, enhancing the secondary response rate by about 40%. AI technology significantly lowers the threshold for the foreign trade industry, with over 30,000 SMEs currently using the AI Business Assistant, leading to a 37% increase in product exposure and a 50% improvement in payment conversion rates.

Gartner's latest research indicates that by the end of 2025, approximately 30% of generative AI businesses currently under testing will be abandoned by companies due to cost issues. The high deployment costs, ranging from $5 million to $20 million, along with an annual maintenance fee of $11,000, pose major challenges for AI projects. Gartner analyst Rita Sallam states that despite the long return on investment period for AI, 15.8% of companies have seen increases in revenue and 15.2% have experienced reductions in costs after adopting AI.

AMD's Q2 sales show strong performance in the data center market, with Instinct MI300X GPU sales exceeding $1 billion and projected to generate over $4.5 billion in FY2024. Data center revenue rose 115% year-on-year to $2.8 billion, nearly half of total revenue. However, gaming revenue fell 59% due to decreased demand for Microsoft and Sony consoles. AMD expects continued decline in gaming revenue in Q3, but growth in data center and client produ....

Recently, Google has been extremely busy. According to the second-quarter financial report released by its parent company Alphabet on Tuesday, Google's revenue over the past few months has reached nearly $85 billion, an impressive figure indeed. Notably, the search business has performed exceptionally well, generating $48.5 billion in revenue. Additionally, Google's cloud computing division has also broken through the $10 billion mark for the first time, achieving an operating profit of $1 billi

Baidu Intelligent Cloud introduced the financial intelligence application "ZhiJin" at the 2024 China International Financial Expo, aiming to deeply integrate its leading AI large-model technology with core business scenarios in the financial industry to enhance operational efficiency and revenue for financial institutions.ZhiJin is tailored for four core scenarios: wealth management, asset evaluation, business compliance, and over-the-counter (OTC) trading, offering intelligent and efficient bus

Baidu's Intelligent Driving Group (IDG) has experienced another round of personnel changes. According to a report by Xin智驾, Su Tan, the general manager of IDG's Intelligent Vehicle Business Unit, has left the company, and his responsibilities for the intelligent cockpit business have been taken over by Li Tao.Su Tan joined Baidu in 2013, serving as the general manager of the company's Connected Vehicle Division and the general manager of the Intelligent Driving Integration Innovation Division.