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A UK hedge fund has developed a tool that surpasses Excel.
It is reported that Man Group, a hedge fund based in London, has developed its unique tool "Arctic DB" for analyzing large amounts of data at high speed and has begun commercializing it. Companies dealing with financial markets, especially those in Capital Markets, are said to be seeking increasingly advanced tech tools for rigorous data analysis.
Improving the productivity of American workers through the use of AI.
According to reports, Mr. Viktorov, who runs a gym in Boston, increased revenue by 30% in 2024 without adding any sales staff, maintaining the same two employees he already had. Instead of increasing staff, he introduced an Artificial Intelligence (AI) model, filling it with information such as internal documents and sales materials. As a result, tasks that previously took hours, such as drafting marketing plans, emails, and posting on Social Media, are now completed in just a few minutes.
AI agents are expanding their presence in the Business world.
It has been reported that if AI agents function as expected, companies may be able to earn profits from generative AI that are commensurate with their investments. Among executives in the tech departments of companies, there is also a view that this could lead to a reduction in employee working hours and hiring numbers. <6702> Fujitsu <7046> TDSE <4011> Headwaters <3993> PKSHA Technology <8031> Mitsui & Co.
"Facial Age" AI Test, utilized by doctors.
The Artificial Intelligence (AI) model "FaceAge," which identifies signs of aging on the face, seems to have utilized tens of thousands of patient photographs and publicly available image databases for training. A study conducted by a team led by cancer specialist Raymond Mack reported that FaceAge's algorithm was shown to be more accurate than doctors in predicting the life expectancy of cancer patients. <6702> Fujitsu <7046> TDSE <401
Rapid growth of rice databricks [Today's GAINIANBANKUAI].
In some major U.S. companies, data scientists are using Databricks' software to analyze vast amounts of collected data. This tool is reported to have gained more value than ever with the rise of AI. The company, founded 11 years ago, has raised $10 billion (approximately 1 trillion 570 billion yen) from investors such as the Venture Capital firm Andreessen Horowitz and Thrive Capital. <2760> Tokyo Electron Ltd. Unsponsored ADR
Salesforce's revenue significantly increased, exceeding market financial estimates.
[Cloud] Customer information management (CRM) software salesforce rose by over 10%. The positive response was due to the announcement made the previous evening regarding the financial results for the period from August to October 2024, which exceeded market financial estimates in revenue. The core subscription revenue increased by 9%, growing more than market expectations. <1447> ITbook <2158> Frontio <2349> NID <2351> ASJ <2479> Jtech <2488> JTP <3671>