Intel Seeks $30B Deal for GlobalFoundries as New CEO Pat Gelsinger’s Changes Continue: Report
When Intel launched plans in March to spend $20 billion to launch two new fabs to dramatically increase its computer chip production capabilities, it was a big deal, coming ...Full Article
AI Conversation Intelligence Platform Chorus.ai Acquired by ZoomInfo for $575M
Marketing software vendor ZoomInfo is expanding its go-to-market services to enterprises by acquiring Chorus.ai, which uses AI to capture data insights from phone calls, video meetings, sales meetings, emails ...Full Article
Computer Vision Software Startup Algolux Brings In $18.4M in Series B Funding
Algolux, a computer vision startup that builds software for advanced driver assistance systems (ADAS) and for autonomous vehicles, has secured $18.4 million in new Series B funding from a ...Full Article
New $35M AI Research Center at Indiana University Created to Grow AI Education
With the use of AI exploding in business, healthcare, research and other fields, Indiana University is opening a new $35 million AI center that aims to train more students ...Full Article
Is Reinforcement Learning Right for Your AI Problem?
In the world of machine learning, reinforcement learning is an important sub-category of deep learning. In deep learning the human brain is mimicked through a hierarchical structure of human-made, ...Full Article
AI Career Notes: July 2021 Edition
In this monthly feature we bring you up to date on the latest career developments in the enterprise AI community – promotions, new hires and accolades: Jim Anderson Altair, ...Full Article
AI Funding Roundup: Smaller AI Startups Continue to Steadily Bring in New Cash for Growth
When it comes to funding rounds for AI startups so far in 2021, there have been some sizable investments made. Scale AI brought in a $325 million Series E ...Full Article
The Pentagon Cancels Its Controversial $10B JEDI Cloud RFP to Re-Issue It as a Multi-Cloud Proposal
Almost six months into President Joe Biden's first term as president, the administration and the Pentagon have canceled the controversial $10 billion JEDI cloud modernization contract that was previously ...Full Article
Better, More Efficient Neural Inferencing Means Embracing Change
Artificial intelligence is running into some age-old engineering tradeoffs. For example, increasing the accuracy of neural networks typically means increasing the size of the networks. That requires more compute ...Full Article
In IBM Executive Shuffle Just Before the July 4th Weekend, IBM President Jim Whitehurst is Out
Jim Whitehurst, the former Delta Air Lines COO who joined Red Hat in January 2008 and led the open source and Linux company as it was acquired by IBM ...Full Article
