Advanced Computing in the Age of AI | Thursday, April 18, 2024

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 ...Full Article

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 ...Full Article

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, ...Full Article

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 ...Full Article

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 ...Full Article

Shield AI Raises Valuation to $2.8B with New Funding

Shield AI, a defense technology company, raised its valuation to $2.8B with additional capital in Series F funding, which now stands at an impressive $500M. The tech startup is ...Full Article

MIT Researchers Leverage AI to Identify Antibiotic That Can Kill Drug-Resistant Bacteria

As bacteria continue to evolve to withstand the effects of antibiotics, it has rendered bacterial infections more challenging to treat. The issue of “antibiotic resistance” has already become a ...Full Article

Anthropic in Talks with Menlo Ventures to Raise $750M

Another influx of cash might be on the horizon for Anthropic. The OpenAI competitor is hoping to raise $750 million in a new round of funding, according to Bloomberg ...Full Article

And the Top Paying AI Job Is…

If your Monday through Friday gig is working as a prompt engineer, then congratulations: You are among the highest paid AI professionals in the world at the moment. That’s ...Full Article

AWS Unveils Major Bedrock Upgrade: More AI Models and Enhanced User Flexibility

As the generative AI landscape continually evolves with new use cases emerging, Amazon Web Services (AWS) is keeping pace by enhancing its Bedrock platform. This upgrade significantly broadens the ...Full Article
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