The world of technology and innovation is rapidly evolving, with artificial intelligence (AI) playing a significant role in shaping the future. From fintech to healthcare, AI is being used to drive growth, improve efficiency, and enhance customer experiences. In this news brief, we'll explore the latest developments in AI, including breakthroughs in fintech, healthcare, and industrial applications.
AI-Fueled Fintech Rides 205% Growth Into Buy Range
Intapp stock has been on a tear, driven by its integration of applied artificial intelligence and impressive earnings growth. The fintech company has generated average earnings growth of over 205% in the last three quarters, with analysts expecting 16% revenue growth and 57% earnings growth in the coming quarter. Intapp's use of AI has enabled it to provide cloud-based solutions for clients in the financial and business sectors, helping them navigate complex financial software platforms.
HP Acquiring Parts of AI Pin Startup Humane for $116 Million
HP is acquiring parts of AI Pin startup Humane for $116 million, marking a significant investment in the company's AI technology. The acquisition will enable HP to develop a new generation of devices that seamlessly orchestrate AI requests both locally and in the cloud. Humane's CosmOS operating system will be integrated into HP's products, including PCs, smart printers, and connected conference rooms.
AI Solves Superbug Mystery in Two Days After Scientists Took 10 Years
Google's AI development, dubbed "co-scientist," has solved a scientific mystery that took 10 years to solve in just two days. The AI was able to identify the correct hypothesis for how bacteria become immune to antibiotics, a major breakthrough in the fight against superbugs. The co-scientist system is still in its infancy, but it has the potential to revolutionize the scientific process by providing researchers with AI-driven insights and suggestions.
Augury Announces $75 Million of Funding
Augury Inc., a leader in industrial AI solutions, has announced $75 million in funding to accelerate innovation across its portfolio of offerings. The company will use the funding to develop new AI solutions that provide accuracy and reliability for manufacturers. Augury's goal is to partner with business leaders to deliver a new generation of AI solutions that drive growth and efficiency.
HIVE Digital Sweden Head on Paraguay Expansion, Green Bitcoin Mining & AI Investment
HIVE Digital Sweden is expanding its operations in Paraguay, where it is growing its Bitcoin mining and data center operations using renewable energy. The company is investing in AI and high-performance computing alongside its Bitcoin mining operations, highlighting its commitment to sustainability. HIVE's expansion into Paraguay is a strategic move, leveraging the country's abundant hydro energy and supportive regulatory environment.
Fiverr Wants Freelancers to Create AI Models
Fiverr is launching a new feature that allows freelancers to sell access to AI models trained on their work. The platform will enable creators to "train AI exclusively on their own body of work, maintaining complete control over their creative process and rights." Fiverr's AI-powered personal assistant will also help creators answer client questions and gather requests.
Humane Bricks Its AI Pin as It Gets Acquired by HP for $116 Million
Humane's AI Pin, a wearable device that acted as a personal assistant, is being discontinued after HP acquired the company's CosmOS operating system and IP for $116 million. The sale marks the end of Humane as a standalone company, but its technology will live on in HP's products.
Health AI: How Recent FDA Layoffs Could Shift Regulatory Burden to Health Systems
The recent layoffs at the FDA have raised concerns about the regulatory burden on health systems, particularly in the area of AI safety. With fewer FDA staff, the responsibility for medical device and AI safety may fall on hospitals, highlighting the need for greater collaboration and regulation in the healthcare industry.
Will AI Destroy Human Creativity? No
The role of human creativity isn't being erased by AI; it's evolving. AI tools can amplify human creativity but lack the essence of true innovation, which stems from human experience and originality. The ability to discern, curate, and refine that intangible "eye" for greatness will always remain profoundly human.
How We Test AI at ZDNET in 2025
ZDNET's experts conduct hands-on testing of AI products, evaluating their overall performance and other contributing factors, such as everyday use cases and costs. The team considers safeguards that protect users against deepfakes and copyright infringements, ensuring that any AI product recommended genuinely enhances the user's experience.
Key Takeaways
- AI is driving growth and efficiency in fintech, healthcare, and industrial applications.
- HP's acquisition of Humane's CosmOS operating system and IP will enable the development of new AI-centric devices.
- Google's co-scientist system has solved a scientific mystery that took 10 years to solve in just two days.
- Augury's $75 million funding will accelerate innovation in industrial AI solutions.
- HIVE Digital Sweden's expansion into Paraguay highlights its commitment to sustainability and renewable energy.
- Fiverr's new feature enables freelancers to sell access to AI models trained on their work.
- The FDA layoffs may shift the regulatory burden to health systems, highlighting the need for greater collaboration and regulation in the healthcare industry.
- AI tools can amplify human creativity but lack the essence of true innovation, which stems from human experience and originality.
- ZDNET's experts conduct rigorous testing of AI products to ensure they genuinely enhance the user's experience.
Sources
- AI-Fueled Fintech Rides 205% Growth Into Buy Range
- HP acquiring parts of AI Pin startup Humane for $116 million
- AI solves superbug mystery in two days after scientists took 10 years
- Augury Announces $75 Million of Funding
- HIVE Digital Sweden head on Paraguay expansion, green Bitcoin mining & AI investment
- Fiverr wants freelancers to create AI models
- Humane Bricks Its AI Pin as It Gets Acquired by HP for $116 Million
- Health AI: How recent FDA layoffs could shift regulatory burden to health systems
- Will AI destroy human creativity? No
- How we test AI at ZDNET in 2025