Advanced Computing in the Age of AI | Thursday, May 30, 2024

Author Archives: Ali Azhar

Ali Azhar

Oracle Extends AI Across Its Stack With New GenAI Cloud Features

January 24th, 2024 Comments Off on Oracle Extends AI Across Its Stack With New GenAI Cloud Features
Organizations are struggling to find ways to deliver GenAI successfully. The key challenges to GenAI deployment include difficulty in integrating GenAI solutions with the existing tech stack and customizing the LLMs to meet the requirements of internal operations. Oracle, ...

Global IT Spending Forecast: Gartner Predicts 6.8 Percent Growth in 2024

January 23rd, 2024 Comments Off on Global IT Spending Forecast: Gartner Predicts 6.8 Percent Growth in 2024
While the tech industry is grappling with layoffs, there is no lack of IT spending. The worldwide spending on IT is expected to reach $5 trillion in 2024 marking a jump of 6.8 percent from 2023, according to a ...

Sopra Steria Next Forecasts GenAI Market to Be Worth $100B by 2028

January 17th, 2024 Comments Off on Sopra Steria Next Forecasts GenAI Market to Be Worth $100B by 2028
The rise of generative article intelligence (GenAI) has taken the world by storm in 2023.  While organizations have taken a keen interest in deploying GenAI technology, it has remained a relatively limited market so far.  Sopra Steria Next, a ...

Consumer Watchdog Report: Wall Street AI Could Cause Financial Crisis

January 17th, 2024 Comments Off on Consumer Watchdog Report: Wall Street AI Could Cause Financial Crisis
The impact of AI has rippled through virtually every aspect of the business world, and the financial industry is no exception. Organizations in the financial sector are expected to experience seismic shifts from the transformative forces of AI. Wall ...

IBM Report Highlights Consumer Interest in AI-Driven Shopping

January 16th, 2024 Comments Off on IBM Report Highlights Consumer Interest in AI-Driven Shopping
The retail industry is facing mounting pressure from the economic headwinds and evolving consumer expectations. To better understand the widening gap between shopper demands and the current retail offering, IBM has conducted a global study on this matter.  IBM ...

Perplexity AI Raises $74M to Take Valuation to $520M

January 5th, 2024 Comments Off on Perplexity AI Raises $74M to Take Valuation to $520M
Google and a few others have been dominant in the search engine space for years, but with the recent advancement of GenAI technology, the competitive landscape is set to be disrupted.  Perplexity AI, a search engine startup, is taking ...

Intel Launches Enterprise GenAI Company: Articul8

January 3rd, 2024 Comments Off on Intel Launches Enterprise GenAI Company: Articul8
Intel and DigitalBridge, a global investment firm, launched an independent generative artificial intelligence (GenAI) company named Articul8. The platform offers enterprise customers a full-stack, vertically-optimized, secure GenAI platform. Customers have the flexibility to choose between cloud, on-premises, or hybrid deployment ...

Google Launches Gemini, Its Largest and Most Capable AI Model

December 7th, 2023 Comments Off on Google Launches Gemini, Its Largest and Most Capable AI Model
The pace of progress for AI innovation, especially generative AI (GenAI), is only accelerating as businesses are striving to find new ways to harness the power of this rapidly evolving technology. The year 2023 could go down in the ...

AWS Launches New Analytics Engine That Combines the Power Of Vector Search And Graph Data

December 1st, 2023 Comments Off on AWS Launches New Analytics Engine That Combines the Power Of Vector Search And Graph Data
One of the common debates in the AI circles is whether using graph or vector databases offers more truthful information in generative AI (GenAI) applications. While graph data is great at representing and analyzing complex relationships and connections, vector ...

Forrester Report Shows That You Need More Than an LLM to Build a GenAI Application

November 30th, 2023 Comments Off on Forrester Report Shows That You Need More Than an LLM to Build a GenAI Application
The rapid rise of generative AI (GenAI) has left businesses scrambling to find new and innovative methods to harness the power of this technology for business applications. Many businesses believe that Large Language Models (LLMs) have reinvented how AI-powered ...
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