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16 Oct 2024

Amazon and Databricks Forge Five-Year Partnership to Revolutionize Enterprise AI

Amazon Web Services and Databricks have entered a strategic five-year partnership aimed at making generative AI more affordable and accessible for enterprises, leveraging AWS Trainium chips to challenge Nvidia's dominance in the AI chip market.

3 Sources

Autodesk Unveils New AI Capabilities Across Its Software Portfolio

Autodesk announces a range of AI-powered features for its design and engineering software, aiming to enhance productivity and creativity across multiple industries.

5 Sources

Xscape Photonics Secures $44M to Revolutionize Data Center Connectivity with Silicon Photonics

Xscape Photonics raises $44M in Series A funding to develop laser-based chip interconnects using silicon photonics, aiming to significantly boost data center performance for AI workloads.

2 Sources

HPE and Cisco CEOs Spar Over Networking Dominance and AI Strategy

HPE's acquisition of Juniper Networks sparks debate on networking leadership, with CEOs Antonio Neri and Chuck Robbins exchanging views on their companies' strategies and AI integration in networking.

3 Sources

AI Startups Decagon and Neuron7 Secure Millions in Funding to Revolutionize Customer Service and Repairs

Decagon AI and Neuron7, two AI-powered customer service startups, have raised $65 million and $44 million respectively to transform the landscape of customer support and technical repairs using advanced AI technologies.

3 Sources

Micron Unveils Ultra-Fast DDR5 Memory Modules for AI PCs, Doubling Speed of DDR4

Micron Technology introduces new Crucial DDR5 CUDIMM and CSODIMM memory modules, offering speeds up to 6,400 MT/s, designed for AI PCs and high-performance systems. These modules promise faster performance and improved stability for data-intensive AI workloads.

3 Sources

HCL Tech Reports Strong Growth Driven by AI and Data Initiatives

HCL Tech's Q2 results show significant growth, with AI and data contributing to a third of incremental demand. The company raises its revenue guidance and highlights the increasing role of generative AI in its business strategy.

2 Sources

Cisco Unveils New Silicon One G200-Powered Switches for AI/ML Infrastructure

Cisco introduces new high-performance switches powered by Silicon One G200 chip, designed to meet the growing demands of AI/ML workloads in enterprise and hyperscale data centers.

3 Sources

Aware's 2024 Consumer Trust in Biometrics Report Reveals Growing Adoption and Trust in Biometric Authentication

A new report from Aware shows increasing consumer adoption of biometric authentication, with over 50% using it daily. The study highlights consumer trust, concerns, and preferences regarding biometric technology across different sectors and generations.

2 Sources

Credo Technology Executives Sell Shares Amid Strong AI-Driven Growth and Product Launches

Credo Technology Group Holding Ltd executives, including the COO, CTO, and a director, have sold shares worth millions amid the company's strong performance and new product launches in AI-related technologies.

3 Sources

IFS Expands Industrial AI Offering with 60+ Scenarios in Latest Cloud Release

IFS, a leading enterprise software provider, has significantly expanded its Industrial AI capabilities, offering over 60 in-depth scenarios in its latest IFS Cloud 24R2 release, addressing growing demand for industry-specific AI solutions.

2 Sources

Intel and AMD Launch x86 Ecosystem Advisory Group to Enhance Processor Architecture

Intel and AMD have formed an industry consortium with major tech companies to improve the x86 instruction set architecture, aiming to enhance compatibility and performance across different platforms, particularly for AI workloads.

4 Sources

NVIDIA Contributes Blackwell Platform Design to Open Compute Project, Advancing AI Infrastructure

NVIDIA has shared key components of its Blackwell accelerated computing platform design with the Open Compute Project (OCP), aiming to promote open, efficient, and scalable data center solutions for AI infrastructure.

4 Sources

Amazon Unveils AI-Powered Creative Tools for Advertisers at unBoxed 2024

Amazon Ads introduces AI creative studio and Audio generator, revolutionizing ad creation across multiple media formats and enhancing advertiser capabilities.

3 Sources

Genius Group Restructures Board with Four New Appointees for Global AI-Powered Education Expansion

Genius Group Limited, an AI-powered education company, announces significant changes to its Board and Management team, appointing four new directors with international experience to support its global growth strategy.

3 Sources

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