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09 Oct 2024

Distributional Secures $19M to Revolutionize AI Testing for Enterprises

Distributional, an AI testing platform founded by former Intel AI software GM Scott Clark, raises $19 million in Series A funding to automate and enhance AI model and application testing for enterprises.

2 Sources

NVIDIA and MediaTek Collaborate on 3nm AI PC Chip, Set for 2025 Release

NVIDIA and MediaTek are reportedly developing a 3nm AI chip for PCs, expected to launch in the second half of 2025. Major PC manufacturers like Lenovo, Dell, HP, and ASUS are showing interest in adopting this new technology.

4 Sources

Workday's AI-Enhanced Analytics and Integration Boost U.S. Enterprise Efficiency

A new report by ISG highlights how U.S. enterprises are leveraging Workday's cloud-based HCM platform, enhanced with AI-enabled analytics and integration capabilities, to improve operations and employee experience.

2 Sources

Smartsheet and AWS Collaborate to Enhance AI-Powered Decision-Making with Amazon Q Business Integration

Smartsheet partners with AWS to launch a connector that integrates its work management data with Amazon Q Business, enhancing AI-powered decision-making and productivity for enterprise customers.

3 Sources

Cerebras Systems Likely to Delay IPO Amid US Government Review of UAE Investment

Cerebras Systems, an AI chipmaker, is expected to postpone its IPO due to an ongoing US national security review of a minority investment from UAE-based G42, raising concerns about potential AI technology transfer to China.

3 Sources

OpenAI Partners with Hearst: A Game-Changing Move in AI-Powered Content Delivery

OpenAI has formed a significant content partnership with Hearst, allowing integration of Hearst's newspaper and magazine content into OpenAI's AI products, including ChatGPT. This move marks a growing trend of collaboration between AI companies and traditional media publishers.

12 Sources

Teradata Unveils AI-Driven Data Analytics Innovations and NVIDIA Partnership at Possible 2024

Teradata announces new AI capabilities, partnerships, and strategies at Possible 2024, focusing on scalable AI platforms, hybrid analytics, and sustainable AI practices to drive business value and innovation.

6 Sources

Giatec Secures $17.5 Million for AI-Driven Concrete Innovation to Reduce Carbon Emissions

Giatec, a leader in concrete technology, receives $17.5 million from Canada's Strategic Innovation Fund to develop AI and sensor-based solutions for reducing carbon emissions in the concrete industry.

2 Sources

NVIDIA Launches AI Tech Community in Pittsburgh with CMU and University of Pittsburgh

NVIDIA partners with Carnegie Mellon University and the University of Pittsburgh to establish a groundbreaking AI Tech Community in Pittsburgh, focusing on robotics, autonomy, and AI innovation.

3 Sources

Meta Unveils AI-Powered Video Ad Creation Tools for Facebook and Instagram

Meta introduces new AI-powered tools for advertisers to create and edit video ads on Facebook and Instagram, aiming to simplify content creation and improve ad performance.

11 Sources

IntelMarkets (INTL) Emerges as a New AI-Powered Crypto Trading Platform Amidst Market Speculation

IntelMarkets, a new cryptocurrency project, is gaining attention for its AI-powered trading platform and ongoing presale. The project claims to integrate AI with DeFi trading, promising features like self-learning trading bots and high leverage.

7 Sources

Microsoft's Stock Downgraded Amid AI Investment Concerns and High Earnings Estimates

Oppenheimer downgrades Microsoft stock from "outperform" to "perform" due to concerns over OpenAI losses, slow AI adoption, and high consensus estimates for revenue and earnings.

2 Sources

PagerDuty Enhances Incident Response Platform with AI-Powered Features

PagerDuty introduces new AI-driven features to its Operations Cloud platform, aiming to streamline incident management and improve operational efficiency for enterprises.

2 Sources

08 Oct 2024

TensorWave Secures $43M Funding to Challenge Nvidia's AI GPU Dominance with AMD-Powered Cloud

TensorWave, an AI cloud platform using AMD GPUs, raises $43 million to expand its data center capacity and launch a new inference platform, aiming to provide an alternative to Nvidia's dominance in the AI chip market.

3 Sources

Infosys and Old National Bank Expand Collaboration for AI-Powered Digital Transformation

Infosys and Old National Bank have expanded their strategic partnership to accelerate the bank's operational and technological transformation using AI, automation, and digital solutions.

3 Sources

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