AINewsBreaks Archive - Page 10 of 23

ThursdayDec 12, 2024 3:00 pm

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned to Capitalize on the Rise of AI

McEwen Mining (NYSE: MUX) (TSX: MUX) is poised to benefit amid the growing use of artificial intelligence (“AI”) in everyday life activities. As the use of AI tools trends upward, such as in the job application process among countless others, “The companies behind those AI tools could be basking in the limelight of their innovations, but behind this revolution lies several unsung heroes; including metals like gold and copper making it possible for AI components like chips and data centers to be built,” reads a recent article. “Companies such as McEwen Mining, leveraging their expertise to help address the surging demand for…

TuesdayDec 10, 2024 2:44 pm

AINewsBreaks – Adageis Engages IBN for Corporate Communications Expertise

Adageis is a healthcare technology company dedicated to revolutionizing patient care through innovative value-based care solutions. Through integrating artificial intelligence (“AI”) and machine learning, Adageis’ Patented Risk Engine (“PRE”) transforms healthcare delivery, equipping providers with tools to enable value-based care, improve patient outcomes, and increase operational efficiency. The company’s flagship ProActive Care Platform integrates with existing electronic medical records (“EMR”) systems, offering a seamless, AI-powered solution. Adageis has selected IBN, a multifaceted financial news and publishing company for private and public entities, to spearhead its corporate communications efforts. As part of the client partner relationship, IBN will generate greater awareness…

MondayDec 09, 2024 7:30 am

AINewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Highlights Commercial Success of Annealing Quantum Computing on Fox Business

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing, announced that CEO Dr. Alan Baratz recently appeared on Fox Business' Making Money with Charles Payne, discussing the state of the quantum industry and D-Wave's advancements in the space. Dr. Baratz emphasized that D-Wave operates the world’s largest quantum computers, which are being used now to support business applications. The company’s annealing quantum computing technology excels in solving complex optimization problems, such as workforce scheduling, logistics routing, and resource allocation. D-Wave views annealing as a key driver for the commercial adoption of quantum computing. To view the full press release,…

FridayDec 06, 2024 12:40 pm

AINewsBreaks – Alphabet Inc.’s (NASDAQ: GOOGL) Waymo Expands Autonomous Ride-Hailing Services to Miami

Alphabet’s (NASDAQ: GOOGL, GOOG) Waymo is set to expand its autonomous ride-hailing services to Miami, Florida, as part of its strategic growth plan. The company plans to introduce its vehicles to Miami’s streets early next year, with a full launch to riders anticipated in 2026 through the Waymo One app. This move is part of Waymo’s efforts to gain a competitive edge in the autonomous vehicle market, which includes strong competitors like General Motors’ Cruise, Amazon’s Zoox, and Tesla. Waymo’s expansion into Miami comes at a time when the company is under scrutiny from safety regulators due to incidents involving…

WednesdayDec 04, 2024 1:10 pm

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) Navigating Political Landscapes and Market Dynamics

Meta (NASDAQ: META) is a leading technology company known for its social media platforms, including Facebook, Instagram and WhatsApp. The company is at the forefront of digital communication and virtual reality innovation. Meta competes with other tech giants like Google, Apple and Amazon in various sectors, including advertising, hardware and software development. CEO Mark Zuckerberg’s potential involvement in shaping tech policies under a possible Trump administration could have significant implications for the industry. As highlighted by Jason Miller, discussions are ongoing about various political issues, which could impact regulatory frameworks. This involvement may influence how technology companies operate and innovate…

WednesdayNov 27, 2024 3:00 pm

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Poised to Tap Explosive Growth of AI Industry

McEwen Mining (NYSE: MUX) (TSX: MUX) is positioned for opportunity as artificial intelligence is rapidly reshaping the landscape of economies around the world. “Estimates indicate that generative AI alone will triple its growth to a total market value of $1.3 trillion in the next decade… As most investors know by now, there is a surge in the demand for energy-guzzling data centers that are designed to develop and train AI systems. They also know that advanced semiconductor chips are at the heart of all AI technologies. However, many haven’t considered that critical minerals, such as copper, gold and silver, are…

FridayNov 22, 2024 11:45 am

AINewsBreaks – Supreme Court Decision on Meta Platforms Inc. (NASDAQ: META) Lawsuit

The U.S. Supreme Court has opted not to rule on a securities fraud lawsuit against Meta (NASDAQ: META). The lawsuit accuses Facebook, a subsidiary of Meta, of misleading investors about the misuse of user data on its platform. This decision leaves the case unresolved, as the court has chosen to sidestep the issue rather than allowing it to proceed. Meta’s stock price currently stands at $558.10, reflecting a decrease of approximately 0.89% or $4.99. This decline may be influenced by the ongoing legal uncertainties surrounding the company. During the trading day, META’s stock has fluctuated between a low of $556.49…

WednesdayNov 20, 2024 1:54 pm

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Poised for Opportunity Amid Rising Demand for ‘AI Metals’

McEwen Mining (NYSE: MUX) (TSX: MUX) was featured in a recent article that discussed the evolution of artificial intelligence (“AI”), spotlighting Geoffrey Hinton’s (“the Godfather of AI”) award of the Nobel Prize in Physics alongside John Hopfield for their groundbreaking work that triggered the development of machine learning, the science behind AI as we know it today. The piece describes early work and systems compared to modern capabilities, showcasing significant requirements for current AI systems in terms of hardware such as microchips. “Critical metals like copper, silver and gold have consequently seen rising demand to supply the rapidly growing AI…

TuesdayNov 19, 2024 10:57 am

AINewsBreaks – Quantum Computing Inc. (NASDAQ: QUBT) Announces $40M Registered Direct Offering

Quantum (NASDAQ: QUBT) ("QCi"), an innovative, integrated photonics and quantum optics technology company, recently announced its entry into a securities purchase agreement for the purchase and sale of 16,000,000 shares of common stock, each at a purchase price of $2.50, priced at-the-market under Nasdaq rules, pursuant to a registered direct offering. Of the expected gross proceeds to QCI of $40 million, the company intends to use the net for the repayment of debt, working capital and general corporate purposes. Titan Partners Group, a division of American Capital Partners is acting as the sole placement agent for the offering. To view…

WednesdayNov 13, 2024 3:31 pm

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) – A Gem in the Mining Sector

McEwen Mining (NYSE: MUX) (TSX: MUX) is positioned to benefit from increased investor interest in precious metals as well as growing demand for critical minerals. “McEwen Mining is a gold and silver producer with operations across the Americas, including Nevada, Canada, Mexico, and Argentina. In addition to its core business of precious metals, the company has significant exposure to copper through its 48% ownership of McEwen Copper, a subsidiary responsible for the advanced-stage Los Azules project in Argentina. Led by Rob McEwen, a seasoned mining veteran with a personal investment of $225 million, McEwen Mining is establishing itself as a…

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