Vespa.ai, a leading AI-based search platform and scaling engine, announced it had raised $31 million in Series A funding from Blossom Capital to advance the development of its search platform Vespa and Vespa Cloud service. Blossom Capital is a venture capital investment firm based out of London, United Kingdom. The fund is renowned for investing ...Full article
Artificial intelligence has great potential, for promise and peril. Using AI responsibly can help solve some of the most challenging issues around the globe, but it can also be used for societal harm and mass destruction. With its enormous potential for good and bad, it was only a matter of time that a technology as ...Full article
The AI Safety Summit 2023 is set to take place on 1st and 2nd November at the iconic Bletchley Park in the U.K. Some of the world's leading tech companies, AI experts, government officials, and civil society groups are taking part in the summit. The primary agenda at the summit is to highlight the risks ...Full article
Quantum computing is no longer confined to the esoteric realms of academic theory and science fiction. Instead, it has emerged as a transformative reality with the potential to reshape entire industries. For technology leaders, ignoring the advance of this groundbreaking technology could mean missing out on opportunities that have the capacity to redefine their fields. ...Full article
The meteoric rise of generative AI in the last few months as a consumer tool has driven optimism about its transformative potential for businesses. This is evident in the level of investment in GenAI initiatives and the prevalence of C-suite executives who support GenAI initiatives. While businesses are serious about GenAI, they are still trying ...Full article
Organizations across industries are under pressure to figure out how and where to use generative AI solutions. More specifically, they are concerned about how to implement Large Language Models (LLMs) in their workflows. On one hand, there is genuine excitement about the potential for LLMs, on the other there is a fear of falling behind ...Full article
ChaosSearch, a leading log analytics platform, last week announced the release of Chaos LakeDB – the first data lake database designed to power generative artificial intelligence (AI), SQL, and Live Search. Chaos LakeDB is available as a SaaS data platform for enterprises and as an embedded database from cloud platform providers. Earlier this year, ChaosSearch unveiled ...Full article
Customers that use the high-speed cache in the new Alluxio Enterprise AI platform can squeeze up to four times as much work out of their GPU setups than without it, Alluxio announced today. Alluxio also says the overall model training pipeline, meanwhile, can be sped up to 20x thanks to the data virtualization platform and ...Full article
Permutable AI, one of the leading providers of AI-power market intelligence, has released groundbreaking findings from its proprietary Greenwashing Framework. With the collaboration of global regular authorities, Permutable AI has uncovered the veracity of the sustainability efforts of companies in the financial sector. Founded in 2022, Permeable AI has emerged as a key player in ...Full article
AI, particularly generative AI, is poised to play a crucial role in future business strategies, potentially introducing new product or service offerings, enabling data monetization, and allowing for increased personalization in offerings. Enterprise automation software company UiPath wants to lead this transformative wave with its new Autopilot feature, aiming to integrate AI capabilities into everyday ...Full article
Alation is rolling out a new offering dubbed ALLIE AI that’s aimed at helping data stewards better organize data when it’s being ingested into the company, as well as to streamline and simplify how customers ultimately find what they’re looking for in Alation’s data catalog. As the original creator of the data catalog and progenitor ...Full article
The use of artificial intelligence in discovering and developing new medication has been in progress for more than a decade. However, the recent advancement in AI technology and research has truly enabled us to bridge the gap between theory and realistic treatment options. Incilico Medicine and the University of Cambridge jointly published a paper in ...Full article
A controversial research paper by Google that claimed the superiority of AI techniques in creating chips is under the microscope for the authenticity of its claims. Science publication Nature is investigating Google's claims that artificial intelligence techniques helped floor-plan -- or establish the basics construct of its AI chip -- in under six hours, faster than ...Full article
A new set of AI-based code conversion tools is available with IBM watsonx. Before introducing the new "watsonx," let's talk about the previous generation Watson, perhaps better known as "Jeopardy!-Watson." The original Watson system was initially developed as an experiment to answer questions on the quiz show Jeopardy! and in 2011, the Watson computer system ...Full article
As more companies experiment with Generative AI technology, a crucial question emerges: Can applications that use Generative AI be safe and scalable for an enterprise? With LLM Mesh, the answer is yes. Organizations can use LLM Mesh to effectively build enterprise-level applications mitigating concerns about cost management, technological dependencies, and compliance. Dataiku, the artificial intelligence ...Full article
Configuring and provisioning GPUs is a notoriously painful activity. To provide some relief, Vultz announced it has launched the Vultr GPU Stack and Container Registry for AI model acceleration worldwide. This stack and registry will help digital startups and enterprises around the globe to build, test, and operate AI models at scale. It will accelerate ...Full article
Vector databases have been all the buzz in the world of Generative AI. Oracle, a giant in the software and cloud computer industry, announced this week its plans to add AI vectors to Oracle Database 23c. The new set of features is called AI Vector Search. It will include vector indexes, vector data types, and ...Full article
GenAI developers building atop large language models (LLMs) are the big winners of a new partnership between Anyscale and Nvidia unveiled this week that will see the GPU maker’s AI software integrated into Anyscale’s computing platform. Anyscale is best known as the company behind Ray, the open source library from UC Berkeley’s RISELab that turns any ...Full article
A new survey from the Conference Board indicates that More than half of US employees are already using generative AI tools, at least occasionally, to accomplish work-related tasks. Yet some three-quarters of companies still lack an established, clearly communicated organizational AI policy. The new survey finds that 56 percent of workers are using generative AI ...Full article
Databricks hasn’t gone public yet–the market just hasn’t been right this year for that–but it did the next best thing today when it raised $500 million in a growth round of funding. The Series I round included investments by GPU giant Nvidia and valued the Spark backer at $43 billion. Databricks has been building market momentum ...Full article
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Tiffany TraderEditorial Director
Jamie HamptonManaging Editor
Kevin JacksonContributing Editor
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