Articles for category: AI

Market News

AI

Google’s tests reveal Intel’s CPUs can efficiently run AI models, challenging the dominance of high-cost GPUs in enterprise AI workloads.

Most Generative AI models currently rely on GPUs or specialized accelerators, but recent findings suggest CPUs can also perform effectively for enterprise AI tasks. Google has tested Intel’s 4th-Gen Xeon processors, revealing that they can achieve reasonable latency when running large language models, like Llama 2, at 16-bit precision. The tests showed a time of ...

Market News

AI

Microsoft’s Copilot AI rapidly gains corporate traction, yet many firms hesitate on full deployment due to cost and confidence concerns.

One year after its launch, Microsoft’s 365 Copilot has gained significant traction among businesses, with 79% of tech executives reporting their companies are using it. Despite this popularity, many organizations are hesitant about full deployment, with only half committing to a full rollout. Cost remains a concern, as tech leaders are divided on whether the ...

Market News

AI

Microsoft’s Copilot sees rapid adoption in enterprises, yet cost concerns hinder full deployment despite growing AI investment enthusiasm.

Microsoft 365 Copilot, launched about a year ago, is gaining traction in businesses, with 79% of technology executives reporting its use. However, while 50% of companies plan to deploy it fully, many are still testing its capabilities, and concerns about its cost persist. The tool, priced at $30 per user monthly, has prompted mixed feelings; ...

Market News

AI

Oracle unveils a groundbreaking AI-powered electronic health record system, aiming to revolutionize healthcare and reclaim its market position.

Oracle recently launched a new electronic health record (EHR) system, marking its most significant healthcare update since acquiring Cerner for $28 billion in 2022. This innovative EHR is designed to enhance usability with advanced cloud and AI technologies, allowing doctors to retrieve patient information through voice commands, which could significantly reduce time spent searching for ...

Market News

AI

Elon Musk’s xAI unveils Colossus, the world’s largest AI supercomputer, setting new standards in AI infrastructure and capabilities.

Elon Musk’s xAI has launched Colossus, the world’s largest AI supercomputer, located in Memphis, Tennessee. Featuring 100,000 NVIDIA Hopper GPUs and plans to double that, Colossus is a major advancement in AI technology, specifically designed to enhance the Grok family of large language models for chatbot use. It utilizes NVIDIA’s high-speed Spectrum-X networking, ensuring efficient ...

Market News

AI

Elon Musk’s xAI unveils Colossus, the world’s largest AI supercomputer, setting new standards in AI infrastructure and capabilities.

Elon Musk’s xAI has introduced Colossus, the world’s largest AI supercomputer based in Memphis, Tennessee. Equipped with 100,000 NVIDIA Hopper GPUs, with plans to double that number, Colossus aims to revolutionize AI technology. This advanced system focuses on training xAI’s Grok language models, boosting performance through NVIDIA’s high-speed Spectrum-X networking, which reduces data bottlenecks. A ...

Market News

AI

Seven trillion-dollar companies lead the AI revolution, but Netflix emerges as a strong contender for future growth in streaming.

Currently, seven companies have surpassed a $1 trillion valuation, all of which are leaders in the artificial intelligence sector. These include tech giants like Apple, Nvidia, and Microsoft. In contrast, Netflix is identified as the next likely candidate to break into the trillion-dollar club, thanks to its significant global subscriber base of 283 million and ...

Market News

AI

AI’s surge demands energy-intensive data centers, straining Europe’s sustainability goals and igniting a heated battle for efficient cooling solutions.

The rise of artificial intelligence is driving a significant change in how data centers operate, particularly in Europe. As demand for powerful chips like Nvidia’s GPUs surges, developers must now lower water temperatures in cooling systems to keep these chips functional. This shift poses challenges to the European Union’s energy efficiency goals, as AI is ...

Market News

AI

Retired tech enthusiast Pete Middleton embraces AI to enhance independence in dementia care, fostering hope amidst personal memory challenges.

Pete Middleton, a lifelong tech enthusiast from Northamptonshire, UK, has embraced artificial intelligence (AI) in his retirement, particularly following his dementia diagnosis five years ago. He believes AI can help individuals with dementia maintain their independence and improve their self-esteem. Various AI tools, like the Simon app and the Florence Project, are being developed to ...

Market News

AI

Advex AI emerges at TechCrunch Disrupt 2024, using generative AI to turn limited images into diverse synthetic training data.

Advex AI is tackling the challenge of sourcing high-quality data for training AI systems, particularly in computer vision. They help businesses train their AI models with just a few images by generating thousands of synthetic pictures from that small sample. Launched at TechCrunch Disrupt 2024, Advex has already gained notable enterprise clients and secured $3.6 ...

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