Advanced Computing in the Age of AI | Friday, March 29, 2024
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 European tech leader recognized for its consulting, digital services, and software development, has conducted a study ... Full article
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 Street, regarded as the global hub for finance and economics, has long relied on legacy technology ... Full article
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 released the findings of its third biennial consumer study named “Revolutionize retail with AI everywhere: Customers ... Full article
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 on search engine heavyweights, such as Google and Microsoft Bing, by trying to deliver a better, ... Full article
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 options.  Articul8 offers a turnkey solution for enterprise customers looking to simplify their workflows while keeping ... Full article
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 aiming to build the world’s first AI pilot for the U.S. military and its allies. The new funding will take it closer to achieving this goal. ... Full article
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 critical health issue. The overuse and misuse of antibiotics have made the issue worse. Researchers have now turned to artificial intelligence to find innovative ways to ... Full article
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 and originally reported by The Information. The AI startup is in advanced talks to secure this investment, led by Silicon Valley's Menlo Ventures, and the potential ... Full article
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 according to new research from EPCGroup that looked into the job openings and pay for people working in AI. According to EPCGroup’s study, prompt engineers, who ... Full article
Companies that toyed around with generative AI this year will be looking to play for keeps in 2024 with production GenAI apps that move the business needle. Considering there’s not enough GPUs to go around now, where will companies find enough compute to meet soaring demand? As the world’s largest data center operator, AWS is ... Full article
The European Union’s AI Act took a big step toward becoming law today when policymakers successfully hammered out rules for the landmark regulation. The AI Act still requires votes from Parliament and the European Council before becoming law, after which it would go into effect in 12 to 24 months. The AI Act has been ... Full article
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 range of AI models available, offering users more choices and greater flexibility for their AI-driven applications. The latest updates to Amazon Bedrock include an expanded selection ... Full article
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 tech annals as the year of GenAI.  The AI wars just got a lot more intense ... Full article
IBM and Meta have co-launched a massive industry-academic-government alliance to shepherd AI development. The new group has united under the AI Alliance banner to promote responsible innovation in AI. Historically, technical alliances often come and go depending on the economic climate. This one seems a bit different. The AI Alliance started with over 50 members ... Full article
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 data is optimized for efficient search capabilities and calculations in high-dimensional spaces.   Amazon Web Services (AWS) ... Full article
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 business applications get built, and all that is needed is to input data in one of ... Full article
AWS yesterday unveiled new EC2 instances geared toward tackling some of the fastest growing workloads, including AI training and big data analytics. During his re:Invent keynote, CEO Adam Selipsky also welcomed Nvidia founder Jensen Huang onto the stage to discuss the latest in GPU computing, including the forthcoming 65 exaflop “ultra-cluster.” Selipsky unveiled Graviton4, the ... Full article
From new copilots and AI development tools, to vector search and AI chips, artificial intelligence featured prominently in Microsoft’s annual Ignite developers conference held last week. It also unveiled some data news around OneLake and Microsoft Fabric. It would be an understatement to say that Microsoft is bullish on copilots. “Microsoft is the Copilot company,” the company ... Full article
Large language and image AI models, also referred to as generative artificial intelligence (GenAI), have been the big story of 2023. It has opened a new set of opportunities for professionals and businesses. While most businesses acknowledge the potential for GenAI, however, there are also some concerns about its use. In enterprises, we’ve seen a ... Full article
Sam Altman’s wild weekend had a happy ending, as he reclaimed his CEO position at OpenAI earlier this week. But questions over the whole ordeal remain as rumors of a powerful new AI capability developed at OpenAI called Project Q-Star are swirling. Altman returned to OpenAI after a tumultuous four days in exile. During that time, Altman nearly reclaimed ... Full article
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