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C3.ai drops 20%+ after its FY revenue outlook of 11%-20% growth to a $307.5M midpoint fell below estimates; AI jumped 258% in 2023 and 45% since Nvidia earnings (Brody Ford/Bloomberg) 01-06-2023

Brody Ford / Bloomberg: C3.ai drops 20%+ after its FY revenue outlook of 11%-20% growth to a $307.5M midpoint fell below estimates; AI jumped 258% in 2023 and 45% since Nvidia earnings  —  C3.ai Inc. plunged 20% in extended trading after providing a fiscal-year revenue outlook that fell short of analysts’ estimates … Lees verder op Tech Meme

KPMG, Coatue, VC firm Headline, and other investors are using AI to help pick acquisition targets and startups for investment, hoping for an edge over rivals (Financial Times) 01-06-2023

Financial Times: KPMG, Coatue, VC firm Headline, and other investors are using AI to help pick acquisition targets and startups for investment, hoping for an edge over rivals  —  Accountancy firm KPMG, hedge fund Coatue and VC firm Headline among those incorporating the technology Lees verder op Tech Meme

Crypto bridging protocol Multichain suspended service for multiple chains after being unable to contact its CEO to get server access, during ongoing tech issues (Michael McSweeney/The Block) 01-06-2023

Michael McSweeney / The Block: Crypto bridging protocol Multichain suspended service for multiple chains after being unable to contact its CEO to get server access, during ongoing tech issues  —  – Multichain, the cross-chain protocol, confirmed Wednesday that the team is unable to contact its chief executive amid ongoing technology problems. Lees verder op Tech Meme

Ultraleap unveils the $140 hand-tracking module Leap Motion 2, its first since the original in 2013, with support for standalone headsets, and opens preorders (Ben Lang/Road to VR) 01-06-2023

Ben Lang / Road to VR: Ultraleap unveils the $140 hand-tracking module Leap Motion 2, its first since the original in 2013, with support for standalone headsets, and opens preorders  —  The Daily Roundup Newsletter  —  Keep your finger on the pulse of the XR industry with the Daily Roundup, the most important news in one daily email. Lees verder op Tech Meme

Amazon plans to roll out AI to 12 fulfillment centers to help find damaged goods and says the tech is 3x as effective at spotting damage than a warehouse worker (Liz Young/Wall Street Journal) 01-06-2023

Liz Young / Wall Street Journal: Amazon plans to roll out AI to 12 fulfillment centers to help find damaged goods and says the tech is 3x as effective at spotting damage than a warehouse worker  —  Company expects artificial intelligence to reduce the number of damaged items moving through fulfillment centers and to speed up deliveries Lees verder op Tech Meme

Sources: a planned $3B chip plant in India by ISMC, a consortium that included chipmaker Tower, has stalled due to the company's pending takeover by Intel (Reuters) 01-06-2023

Reuters: Sources: a planned $3B chip plant in India by ISMC, a consortium that included chipmaker Tower, has stalled due to the company’s pending takeover by Intel  —  A planned $3 billion semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner … Lees verder op Tech Meme

Tether's USDT circulation surpasses its $83.2B all-time-high, recovering the ~$20B lost after TerraUSD imploded in 2022, even as crypto trading volumes drop (Bloomberg) 01-06-2023

Bloomberg: Tether’s USDT circulation surpasses its $83.2B all-time-high, recovering the ~$20B lost after TerraUSD imploded in 2022, even as crypto trading volumes drop  —  Tether Holdings Ltd.’s stablecoin has recovered all of the roughly $20 billion in market value it lost following the collapse … Lees verder op Tech Meme