IBM Reportedly Looking to Sell its Unprofitable Watson Health Business
IBM’s Watson Health business brings in $1 billion a year in revenue, but because the unit still isn’t profitable, Big Blue is reportedly looking to sell it to focus ...Full Article
As Insurtech Sector Embraces AI, Startup Zelros Attracts Another $11M in Funding
Among the financial sectors embracing AI technology is the insurance industry, which is looking for more personal and efficient ways to promote its products and services while streamlining underwriting ...Full Article
Xilinx Brings ‘Unique’ Composability and Flexibility to its New Alveo SN1000 SmartNIC
FPGA vendor Xilinx has debuted its latest SmartNIC model, the Alveo SN1000, with integrated “composability” features that allow enterprise users to add their own custom networking functions to supplement ...Full Article
FundGuard, AI Vendor for Fintech, Gets $12M in Additional Series A Funding
Financial platforms that often serve as harbingers for enterprise technology adoption are rapidly embracing AI-based components to help manage a wide range of investments in the fintech sector. Venture ...Full Article
IBM, Red Hat Integration Continues as IBM Mainstreams Power Systems in Pivot to Cloud
As it continues to pivot to the cloud, IBM has unveiled a new Power-based private cloud rack product line that is also porting Red Hat OpenShift capabilities to its ...Full Article
IBM’s Latest Prototype Low-Power AI Chip Offers ‘Precision Scaling’
IBM has released details of a prototype AI chip geared toward low-precision training and inference across different AI model types while retaining model quality within AI applications. In a ...Full Article
NASA’s Perseverance Rover Lands on Mars: Here’s How It Is Using AI
After its ambitious Feb. 18 landing on Mars, NASA’s Perseverance Mars rover is already getting critical help from the multiple onboard AI systems that are designed to guide its ...Full Article
Peak AI Gets $21M Series B Funding Round, Expands Access to AI ‘Decision Intelligence’
AI deployments are steadily migrating to retail applications as commercial brands seek to get a better handle on supply chains along with marketing and sales. Increased demand for embedded ...Full Article
NASA’s Latest Mars Rover, Perseverance, Will Get Help from AI on the Red Planet
As NASA’s latest Mars rover, Perseverance, prepares to land on the Martian surface Feb. 18 (Thursday) after a seven-month flight to the red planet, the use of AI will ...Full Article
Sunlight’s AI Hypervisor Gains Nvidia GPU Support to Boost Edge Deployments
Sunlight, the U.K.-based specialist in virtualizing data-intensive applications, announced Nvidia GPU support for its “lightweight” hypervisor designed to boost the performance of edge AI deployments. GPU support for its ...Full Article
