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The Healthcare Smart Contracts market is poised for significant growth from 2024 to 2031, driven by rising demand and technological advancements. A comprehensive report analyzes competitive dynamics, market segmentation, and emerging trends, highlighting key players like IBM and FarmaTrust. It also explores future opportunities and challenges, providing valuable insights for stakeholders.
Next month, MIT Technology Review will reveal its 2025 list of 10 Breakthrough Technologies, highlighting significant advancements across various fields. Among the technologies considered but not included are virtual power plants, useful AI agents, and eVTOL aircraft, each facing challenges before achieving widespread impact. The unveiling event is scheduled for January 3rd at 12:30 pm ET.
UBS has upgraded Kingsoft Cloud to a Buy rating, raising the price target to $12.50, citing a projected 13% revenue growth driven by AI advancements and increased contributions from Kingsoft Corp and Xiaomi. The company's third-quarter results exceeded expectations, with revenues up 42% year-over-year, primarily from online games and cloud services. Despite a significant stock rally, Kingsoft Cloud remains undervalued compared to its peers, with strong future profitability anticipated.
Ethan Kurzweil, a veteran venture capitalist and managing partner at Chemistry, discusses the evolving landscape of venture investing in the post-ZIRP era, highlighting the shift from abundant cheap capital to a scarcity of computing resources, particularly for AI. He shares insights on his new fund's strategy, the advantages of starting a small firm, and the technologies that currently excite him, focusing on seed-stage investing.
Uber Technologies Inc. has launched its first autonomous rides outside the US in Abu Dhabi, partnering with WeRide Inc. Riders can request robotaxis at UberX or Uber Comfort rates in key tourist areas, including Saadiyat Island and Yas Island, with plans for future expansion.
OpenAI has launched a new $200 monthly subscription for its ChatGPT Pro, providing unlimited access to its advanced AI models, including an enhanced reasoning model. This upgrade aims to improve performance in complex tasks like math and coding, addressing the high costs of developing cutting-edge AI. The company also continues to offer a more affordable $20 ChatGPT Plus subscription.
Singapore's job market is witnessing a significant demand for AI roles, with postings for machine learning engineers and sales managers surging by 83% and 127%, respectively. Despite this, many workers are gravitating towards service-oriented positions like pet-sitting and chauffeuring, reflecting a divide in job preferences. The government's $743 million investment in AI underscores the push for innovation and infrastructure development in the region.
Zen Technologies shares soared nearly 8% to a record high of Rs 2,033 after Nuvama Institutional Equities maintained a 'Buy' rating with a target price of Rs 2,200, indicating a potential upside of 16.5%. This bullish outlook follows the company's MoU with AVT Simulation, aimed at expanding its presence in the US defense market, particularly in simulation training and anti-drone technology.
Canva, co-founded by Melanie Perkins, has grown to 170 million monthly active users by democratizing design through user-friendly tools. Embracing generative AI, it has launched features like Magic Studio and acquired Leonardo.ai, while also committing 30% of equity to social causes. As it targets enterprise clients, Canva aims to reach 1 billion users, reflecting its ambition to blend creativity with productivity.
Hewlett Packard Enterprise Co. reported a 15% increase in fiscal fourth-quarter revenue, reaching $8.46 billion, surpassing analysts' expectations of $8.26 billion. The company's profit, excluding certain items, was 58 cents per share, exceeding the anticipated 56 cents, driven by strong sales of servers for artificial intelligence applications.
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