AINewsWire Archives - Page 8 of 29

TuesdayJan 07, 2025 10:00 am

Microsoft Expects to Inject $80bn into its AI Projects This Fiscal Year

Microsoft President and Vice Chair Brad Smith revealed on Friday that the company is set to allocate approximately $80 billion toward artificial intelligence (AI) initiatives during the 2025 fiscal year. Smith noted that AI has the potential to revolutionize nearly every facet of life, stressing the importance of the U.S. taking a leadership role in the development and deployment of this transformative technology. “Artificial intelligence is, in many respects, the electricity of the modern era. The decisions made in the next four years can lay the groundwork for America’s economic prosperity over the next 25 years,” Smith stated. He highlighted…

TuesdayJan 07, 2025 9:30 am

D-Wave Quantum Inc. (NYSE: QBTS) CEO Dr. Alan Baratz Discusses Rapidly Increasing Commercialization of Quantum Computing on Fox Business

During a recent interview on Fox Business’ Making Money with Charles Payne, CEO Dr. Alan Baratz said that D-Wave has taken a different approach, allowing it to move faster and begin providing commercial quantum solutions. D-Wave has the largest quantum computers in the world and is the first to support real business applications in production. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced recently that its CEO Dr. Alan Baratz was interviewed on Fox Business’ Making Money with Charles Payne, discussing the state of the…

TuesdayJan 07, 2025 8:45 am

Adageis Is Already Positioned to Support Healthcare Shift to a Value-Based Care Model

Transition to a value-based care approach prioritizes quality outcomes over service volume, but calls for a dramatic overhaul of infrastructure, culture and operations. Shifting to value-based care means significant changes in mindset and practice among clinicians, while also disrupting traditional revenue models, creating initial financial risks. Leadership, data analytics, care coordination, and payer collaboration, are key to successful implementation. Adageis is structured to support providers during this transformation, with its unique offering of tools and solutions to simplify the necessary moves, including AI-driven analytics and patient-focused care solutions. The company’s platform is designed to help healthcare organizations optimize care delivery…

MondayJan 06, 2025 8:45 am

Gold: A Resilient and Reliable Investment Amid Technological Disruptions

In an era dominated by technological innovation and the rise of digital assets like bitcoin, gold remains a steadfast pillar of wealth preservation. As the financial landscape evolves with blockchain, decentralized finance, and other digital technologies, gold continues to stand tall as the ultimate safe haven asset (https://ibn.fm/BxmPE). While digital currencies rely on technological infrastructure and constantly compete with each other, gold is a time-tested symbol of stability and wealth preservation—especially during times of crisis and uncertainty. When digital systems falter—such as during black-swan events that halt internet connectivity or when trust is rapidly lost—gold transcends these limitations, offering a…

FridayJan 03, 2025 10:00 am

Musk’s xAI Receives $6bn Cash Injection to Fund its AI Projects

xAI, the artificial intelligence company founded by Elon Musk, announced that it had successfully raised $6 billion in a Series C funding round. The announcement highlighted the involvement of major investors, including BlackRock, Andreessen Horowitz, Fidelity, MGX, Lightspeed, Morgan Stanley, QIA, OIA, Sequoia Capital, Vy Capital, Valor Equity Partners, AMD, and Nvidia, among others. Among the participants, Saudi Arabia’s Kingdom Holding Company contributed approximately $400 million, as revealed in a public filing. The document also indicated that xAI’s valuation has surged to $45 billion—almost doubling since its last funding round. With this latest investment, the company’s total funding now stands…

ThursdayJan 02, 2025 10:00 am

What Role Did AI Play During the Recent US Elections?

The use of AI-enhanced voices in robocalls was officially banned by the Federal Communications Commission (FCC) in the U.S. following the contentious robocall in New Hampshire that mimicked Joe Biden’s voice. The incident marked a turning point as the 2024 U.S. election unfolded in an era of widely accessible AI tools capable of generating realistic videos, images, and audio—often with malicious intent. Efforts to curb AI misuse ramped up quickly. Laws governing AI in political campaigns have been passed in 16 states, many requiring explicit disclaimers for artificial intelligence content issued close to elections. The Election Assistance Commission introduced an…

MondayDec 30, 2024 10:15 am

Nvidia is Increasingly Focusing on Robotics as Competition in the AI Chips Space Toughens

As competition in the AI chips segment stiffens, Nvidia Corp. (NASDAQ: NVDA) is looking to dominate the emerging AI robotics space. This company, currently valued at approximately $3.3 trillion, helped to launch the meteoric rise of AI and it now wants to market compact computers specifically for humanoid robots. The new crop of computers from Nvidia, referred to as Jetson Thor, is planned to hit the market in early 2025. This new development came to light in a report carried by the Financial Times. Nvidia plans to be the go-to platform when the humanoid robotics race gets underway. Nvidia’s VP…

MondayDec 30, 2024 8:45 am

Adageis Embracing New Era for Value-Based Care Amid Healthcare System Transition from CMS-HCC V24 to V28

The Centers for Medicare and Medicaid Services’ switch from the Hierarchical Condition Categories model V24 to the modernized V28 brings about an updated disease classification structure that aligns with current healthcare standards. V28 enhances the accuracy of Medicare Advantage payments, impacting conditions like diabetes and dementia. Under the new model, HCC categories rise from 86 to 115, with updated inclusion and exclusion criteria. The transition aligns closely with Adageis’s mission of revolutionizing patient care through innovative value-based care solutions, positioning the company for growth. Adageis aims to improve healthcare delivery by helping providers streamline operations and focus on delivering quality…

FridayDec 27, 2024 10:00 am

Why Nvidia’s Share Price Could Keep Climbing Beyond This Year

2024 has been a great year for artificial intelligence and particularly for big firms in the space like Nvidia Corp. (NASDAQ: NVDA), whose stocks have gained significantly since January. Despite a recent drop in some shares, analysts are still optimistic when it comes to Nvidia’s stock, expecting that it’ll gain more as demand for the firm’s chips continues to surpass their supply. Jensen Huang, the firm’s CEO, told investors in November that the era of artificial intelligence was here and that the firm was poised to gain as computing scale continued to grow. Of 21 analysts, 20 hold a buy…

ThursdayDec 26, 2024 11:00 am

Central Banks Are Hoarding Gold—Should You Follow Their Lead?

Central banks around the world have been ramping up their accumulation of gold, creating one of the most significant market shifts in years. Over the last two years, governments added over 2,000 tonnes of gold to their reserves (https://ibn.fm/U1IaY)—a pace not seen in the last 20 years. While economic headlines often focus on inflation or interest rate cycles, this relentless accumulation of gold reveals something deeper: a global move to hedge against uncertainty and challenge the dominance of traditional reserve currencies like the U.S. dollar. For investors, it raises an obvious question—if the biggest financial institutions on the planet are…

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