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Containers as a Service (CaaS) Market Detailed Strategies, Competitive Landscaping and Developments for next 5 yearsImpressive news from a high-profile business partner was a major reason for the stock price pop experienced by SoundHound AI ( SOUN 8.38% ) on Thursday. The artificial intelligence (AI) company was up by nearly 9% in late-session trading, a rate that was easily topping the 0.8% rise of the S&P 500 ( ^GSPC 0.53% ) . Follow the leader That news was the quarterly results posted after market hours Wednesday by leading graphics card processor company Nvidia , whose cutting-edge hardware products are widely used in the burgeoning AI industry . Happily for that industry -- not to mention its shareholders -- Nvidia did very well in the third quarter of its fiscal 2025. It managed to nearly double its already considerable revenue on a year-over-year basis, to more than $35 billion, and somehow top that with a 103% improvement in per-share net income (which hit $0.81). Both figures were comfortably above the consensus analyst estimates. This positively affects SoundHound AI in two important ways. One, it clearly illustrates that there's more than enough demand for AI functionalities of all kinds to sustain companies supplying the hardware that makes the tech possible. Second, and more directly, Nvidia is an investor in SoundHound AI; as of Sept. 30, the former company owned more than 1.7 million shares of the latter. Agents of change That happy development with Nvidia's results wasn't the only reason the market was sweet on SoundHound AI Thursday -- the company had some good news of its own to report. That morning, it said in a press release that its AI "agents" had assisted one of its clients, insurer Apivia Courtage, in helping more than 100,000 customer inquiries. SoundHound AI added that this had reduced by 20% the number of inbound requests handled by Apivia's customer relations specialists. Both of these developments were unambiguously positive for SoundHound AI, and should boost the company's profile. Just now, it isn't considered one of the more impactful or influential AI businesses on the market.
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From being led in science and innovative research, India is today in a position to lead others across the world, proven by recent success stories accomplished under Prime Minister Narendra Modi, including space sector, biotechnology and vaccine breakthroughs, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said on Saturday. Addressing the eighth convocation of the Academy of Scientific and Innovative Research (AcSIR) in the national Capital, Dr Singh said India has progressed from a single-digit count of space startups to over 300, while the biotechnology sector now boasts nearly 9,000 startups, contributing significantly to the country’s economy. The minister celebrated the accomplishments of women in science, noting the historic appointment of CSIR’s first woman Director General, Nallathamby Kalaiselvi. “India’s woman power has always been the foundation of great achievements, but it is now receiving the recognition it deserves,” the minister stated. also highlighted AcSIR’s role in fostering interdisciplinary learning, promoting industry-academia collaboration, and driving India’s ascent in global science and technology rankings. He called the institution’s futuristic academic approach a cornerstone for achieving PM Modi’s vision of a ‘Viksit Bharat 2047.’ AcSIR is ranked among the top three per cent of global universities, despite being a relatively young institution. “AcSIR is not just an academic institution, it’s a torchbearer of a new academic culture in India,” said the minister, adding that its partnerships with 82 institutions, including CSIR, ICMR, and DST, exemplify effective collaboration in research and development. AcSIR offers an innovative Integrated PhD (iPhD) programme. “iPhD links innovation, imagination, and industry right from the start of research journeys, ensuring sustainable startups,” said Dr Singh. (IANS) Also Read: Also Watch:
The late Senator Ifeanyi Ubah was laid to rest at his family home in Umuanukam, Otolo Nnewi, Nnewi North Local Government Area of Anambra State on Friday. Ubah was buried amid tears and tributes from dignitaries, friends, political colleagues, and family members. The Bishop of Ekwulobia, Peter Cardinal Okpaleke, who presided over the burial mass at St. Peter’s Claver Catholic Church, Umuanukam, Otolo Nnewi, described Ubah’s death as a lesson to the living, emphasising the importance of leading an exemplary life to be remembered after one’s passing. According to the Cardinal, the deceased led a life full of philanthropy, always striving to make a meaningful impact on people’s lives. He praised Ubah’s commitment to serving humanity and his exemplary life, saying that such should serve as a model for others to emulate. He said, “His death is a lesson to us all. We must strive to live exemplary lives that will make people remember us for good when we are no longer here. We must touch lives, make a difference, and leave a lasting legacy. The late Ifeanyi Ubah lived a life full of legacy and philanthropic gestures. His death has touched everyone.” Recalling his last moments with the deceased, the Governor of Anambra State, Prof. Chukwuma Soludo, who also paid tribute to the late senator, expressed shock and sadness at his sudden passing. Related News Anambra traditionalist advocates return to traditional worship Youth council unveils app to tackle insecurity, corruption in Anambra Five feared killed as gunmen attack two Anambra communities He said, “I still remember when we met in May, and I asked him if he had any ambitions. He told me he wanted to be part of it and said that the only way forward was for Sir Emeka Offor to convene a meeting at our request.” Soludo expressed regret that Ubah’s death was not part of their discussion, asking rhetorically, “Is this what we discussed?” Senator Uche Ekwunife, in her tribute, eulogised Ubah, describing him as a rare gem committed to youth development. Ekwunife praised Ubah’s leadership, kindness, and compassion, noting that his impact and legacy would be remembered for generations to come. “You were an avatar, a sports enthusiast, a rare gem committed to youth development, whose like comes only once in a lifetime. In you, we saw the true essence of leadership and kindness — not just in titles and positions, but in words and deeds.” One of the deceased’s kinsmen, Joe Ezeike, said, “Ubah’s passing has left a void in the nation’s political landscape, but his legacy of service, compassion, and excellence will continue to inspire generations to come.”Ubah buried in Anambra amid tears
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