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20 Nov 2024

Roboflow Secures $40M Series B Funding to Advance Vision AI Development

Roboflow, a startup specializing in visual AI development, has raised $40 million in Series B funding to enhance its platform for building and deploying computer vision models across various industries.

2 Sources

AI Education Startup Founder Charged with Fraud: Allegations of Misused Funds and False Claims

Joanna Smith-Griffin, founder of AI education startup AllHere, has been arrested and charged with fraud. She allegedly misled investors about the company's revenue and client base, using fraudulently obtained funds for personal expenses.

7 Sources

Nvidia's AI Dominance: Soaring Demand and Future Prospects

Nvidia's strong performance in the AI chip market, driven by high demand for its GPUs, and the potential impact of its new Blackwell architecture on future growth.

16 Sources

Vertiv Unveils New Liquid Cooling Solutions to Support AI-Driven Data Centers

Vertiv expands its liquid cooling portfolio with two new high-capacity Coolant Distribution Units (CDUs) designed to support AI applications in data centers, offering modular and cost-effective solutions for high-density computing alongside traditional air-cooled systems.

2 Sources

Zilliz Unveils Major Upgrade to Cloud-Based Vector Database, Targeting Enterprise AI Efficiency

Zilliz, the company behind the open-source Milvus vector database, has announced significant updates to its Zilliz Cloud offering, aiming to reduce costs and complexity for enterprise AI deployments while improving performance.

2 Sources

Amazon Revolutionizes E-Commerce with AI-Driven Robotics and Sustainable Packaging

Amazon is transforming e-commerce logistics through the integration of AI, machine learning, and robotics, while simultaneously prioritizing sustainability in packaging. This approach is optimizing efficiency and reducing waste in the journey from customer click to delivery.

2 Sources

OpenText Expands AI Capabilities with Cloud Editions 24.4 Release, Focusing on Enterprise ROI

OpenText announces significant AI enhancements across its product portfolio with the Cloud Editions (CE) 24.4 release, emphasizing measurable efficiency gains and ROI for enterprise customers.

2 Sources

Microsoft Strikes AI Training Deal with HarperCollins for Nonfiction Titles

Microsoft has entered into a licensing agreement with HarperCollins to use nonfiction books for training an unreleased AI model, aiming to improve model quality and performance without generating AI-written books.

6 Sources

Dell Technologies Enhances AI Capabilities and Cybersecurity for Microsoft Azure Customers

Dell Technologies introduces new AI innovations and cybersecurity measures to simplify AI adoption, improve performance, and strengthen data protection for Microsoft Azure customers.

6 Sources

Microsoft Unveils NVIDIA Blackwell-Based Azure AI Platform and AMD EPYC HPC Solutions

Microsoft announces integration of NVIDIA's Blackwell AI chips in Azure and new AMD EPYC-powered HPC solutions, showcasing advancements in AI computing infrastructure.

3 Sources

Promise: New AI-Powered Studio Backed by Hollywood and Silicon Valley Giants

Promise, a new entertainment studio leveraging generative AI, launches with backing from Peter Chernin's North Road and Andreessen Horowitz, aiming to revolutionize film and series production.

2 Sources

Enfabrica Raises $115M and Unveils Revolutionary GPU Networking Chip for AI Infrastructure

Enfabrica, an AI networking startup, secures $115 million in Series C funding and introduces the ACF SuperNIC chip, promising to revolutionize GPU networking for AI applications with unprecedented performance and scalability.

3 Sources

Nvidia Rivals Target AI Inference Chip Market to Challenge GPU Dominance

As Nvidia dominates the AI training chip market with GPUs, competitors are focusing on developing specialized AI inference chips to meet the growing demand for efficient AI deployment and reduce computing costs.

6 Sources

Google Lens Introduces AI-Powered In-Store Shopping Assistant

Google has launched a new AI-powered feature for Google Lens, transforming it into an in-store shopping assistant. The update provides real-time product information, price comparisons, and customer reviews to help users make informed purchasing decisions.

11 Sources

NVIDIA Launches 'AI PC' Channel, Signaling Strong Push into Consumer AI Market

NVIDIA has launched a new 'AI PC' social media channel, hinting at its plans to expand its AI dominance from data centers to consumer PCs. This move fuels speculation about NVIDIA's rumored development of an in-house AI-focused CPU for 2025.

4 Sources

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