Covering Scientific & Technical AI | Sunday, February 23, 2025

NTT DATA Announces Intent to Acquire Niveus Solutions to Accelerate Global Leadership in Google Cloud

LONDON, Nov. 27, 2024 -- NTT DATA, a global leader in digital business and IT services, has announced it has signed a definitive agreement to acquire Niveus Solutions, a ...Full Article

IDC Report: AI Infrastructure Spending to Surpass $100B by 2028

NEEDHAM, Mass., Nov. 27, 2024 -- The global Artificial Intelligence (AI) infrastructure market is on track for unprecedented growth, poised to surpass $100 billion USD in spending by 2028, according ...Full Article

Dell Technologies Delivers Q3 Fiscal 2025 Financial Results

ROUND ROCK, Texas, Nov. 26, 2024 -- Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2025 third quarter. Revenue was $24.4 billion, up 10% year over year. Operating income was $1.7 ...Full Article

Intel, Biden-Harris Administration Finalize $7.86B Funding Award Under US CHIPS Act

SANTA CLARA, Calif., Nov. 26, 2024 – Intel Corporation and the Biden-Harris Administration announced today that the U.S. Department of Commerce and Intel have reached agreement on terms to award the ...Full Article

AMD Expands ROCm 6.3 with Optimized Libraries for AI and HPC Workflows

Nov. 26, 2024 -- AMD has announced the release of ROCm 6.3 open-source platform, introducing advanced tools and optimizations to elevate AI, ML, and HPC workloads on AMD Instinct ...Full Article

Cloud Management Platform emma Secures $17M Series A

Luxembourg, Nov. 26, 2024, -- emma, an innovative cloud management platform transforming how businesses optimize and scale their cloud infrastructure, has announced the successful closure of its $17 million Series ...Full Article

Luma AI Launches New Dream Machine Service

PALO ALTO, Calif., Nov. 25, 2024 -- Luma AI today unveiled a free and subscription-based service that offers a new and intuitive user experience for its popular Luma AI ...Full Article

New Research From Google Workspace Shows Rising Leaders Are Embracing AI

SUNNYVALE, Calif., Nov. 25, 2024 -- Today, Google Workspace—the productivity platform that includes AI-powered tools like Gmail, Docs, Drive, and more and is relied on by more than 3 billion ...Full Article

H2O.ai Unveils Agentic AI That Converges Generative and Predictive AI with Purpose-built SLMs

MOUNTAIN VIEW, Calif., Nov. 25, 2024 -- H2O.ai has unveiled h2oGPTe, an enterprise generative AI platform integrating Predictive AI and Generative AI capabilities. The platform introduces new agentic features that ...Full Article

Tokyo University of Science Unveils Synaptic Device for Low-Power Edge AI Sensors

TOKYO, Nov. 25, 2024 -- Physical reservoir computing (PRC) utilizing synaptic devices shows significant promise for edge AI. Researchers from the Tokyo University of Science have introduced a novel ...Full Article
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