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

IDC Survey Identifies 3 Business Sectors Primed for GenAI Disruption

NEEDHAM, Mass., July 3, 2024 -- A recent survey of technology buyers worldwide found that technology decision making, financial and operational systems, and customer engagement, experience, and support are the ...Full Article

Prodia Raises $15M to Scale AI Solutions with Distributed GPU Network

ATLANTA, July 3, 2024 -- Prodia, a leading distributed network of GPUs for AI inference solutions, today announced it raised a $15M seed round led by Dragonfly Capital to ...Full Article

HCLTech and IBM Announce GenAI Center of Excellence to Support Clients with Customized AI Solutions

ARMONK, N.Y. and NOIDA, India, July 2, 2024 -- HCLTech and IBM today announced a new collaboration to establish a Generative AI Center of Excellence (GenAI CoE) based on the ...Full Article

BSC Enhances Trustworthy Edge AI with 53-Partner European Consortium

July 2, 2024 -- Researchers from the Computer Architecture – Operating Systems group at the Barcelona Supercomputing Center - Centro Nacional de Supercomputación (BSC-CNS) have joined EdgeAI-Trust, a three year ...Full Article

Cohere’s LLM Solutions Advance Knowledge Work in Financial Services

July 1, 2024 -- While generative AI (GenAI) is reinventing how work gets done across industries, financial services (FS) is poised to reap the greatest productivity gains. According to Accenture, ...Full Article

Softserve Study Finds Only 22% Effectively Using Gen AI Across All Business Functions

AUSTIN, Texas, June 28, 2024 -- SoftServe, a premier IT consulting and digital services provider, released its findings of the latest study commissioned to evaluate current Generative AI (Gen ...Full Article

Orby AI Raises $30M to Enhance AI Capabilities for Complex Workflow Automation

MOUNTAIN VIEW, Calif., June 28, 2024 -- Orby AI has announced the closing of its series A round of financing, raising $30 million from world-class investors. The round was ...Full Article

Axelera AI Raises $68M Series B Funding to Accelerate Next-Gen AI

June 27, 2024 -- Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, today announced its successful close of an oversubscribed ...Full Article

Vultr Unveils New Research Highlighting AI Maturity’s Impact on Business Success

WEST PALM BEACH, Fla., June 27, 2024 -- Vultr today released a new industry report, The New Battleground: Unlocking the Power of AI Maturity with Multi-Model AI. The new study ...Full Article

Bearing AI Expands AI-Powered Deployment Planner to Tramp Shipping

PALO ALTO, Calif., June 27, 2024 -- Following the success of its Deployment Planner for liner shipping companies, Bearing AI has announced a set of powerful new features designed ...Full Article
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