News - Page 30

AI Innovator Faces Rollercoaster Ride Amid Market Swings

AI Innovator Faces Rollercoaster Ride Amid Market Swings

Pony AI’s stock dropped over 10% after a strong five-day rise, influenced by investors cashing in gains amid cooling inflation data from the Labor Department. April’s Consumer Price Index rose by 0.2%, lowering the annual inflation rate to 2.3%, the lowest since
14 May 2025
ServiceNow’s Strategic Leap: The $2.85 Billion AI Bet That Could Revolutionize Enterprise Automation

ServiceNow’s Strategic Leap: The $2.85 Billion AI Bet That Could Revolutionize Enterprise Automation

ServiceNow is acquiring Moveworks for $2.85 billion to enhance its AI capabilities, focusing on enterprise automation. The acquisition combines ServiceNow’s agentic AI and workflow automation with Moveworks’ conversational AI and enterprise search expertise. This strategic move aims to transform departments like HR,
10 March 2025
The New Era of Robotics: Agibot’s Breakthrough AI Will Transform Humanoid Interaction

The New Era of Robotics: Agibot’s Breakthrough AI Will Transform Humanoid Interaction

Agibot, founded by Peng Zhihui, aims to revolutionize robotics through its Genie Operator-1 (GO-1) AI model. GO-1 empowers humanoid robots to execute real-world tasks by understanding human commands and adapting to dynamic environments. This model leverages advanced vision-language models, allowing robots to
10 March 2025
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