Couchbase Positioned as a Cost-Effective Entry into AI Market, Says Wells Fargo

Couchbase Positioned as a Cost-Effective Entry into AI Market, Says Wells Fargo

Wells Fargo has singled out Couchbase as an attractive option for investors seeking exposure to the artificial intelligence (AI) market, calling it the “cheapest way” to tap into this rapidly growing industry. The database software stock was initiated with an overweight rating and a price target of $26 per share, representing a potential 24% increase from its previous closing price of $20.98.… Read the rest

Canada’s Financial Transactions Analysis Centre Ramps Up Use of Artificial Intelligence to Combat Money Laundering

Canada’s Financial Transactions Analysis Centre Ramps Up Use of Artificial Intelligence to Combat Money Laundering

In its latest bid to combat financial crimes, Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) is intensifying its reliance on artificial intelligence (AI) technology to detect suspicious transactions. The agency recently imposed fines totaling C$9 million ($6.7 million) on Royal Bank of Canada and CIBC, setting a record for individual bank fines.… Read the rest

New High-End PC Processors Unveiled by AMD at CES 2024

New High-End PC Processors Unveiled by AMD at CES 2024

Advanced Micro Devices (AMD) made a significant announcement at the CES 2024 tech trade show in Las Vegas, introducing their latest desktop processors for a new category of personal computers known as AI PCs. These Ryzen 8000G Series processors are specifically designed for intensive applications like gaming, content creation, and local AI workloads.… Read the rest

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