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Samsung to Provide 2nm Foundry Solutions for Preferred Networks’ Advanced AI Accelerators
July 12th, 2024 Comments Off on Samsung to Provide 2nm Foundry Solutions for Preferred Networks’ Advanced AI Accelerators
July 12, 2024 -- Samsung Electronics, a world leader in advanced semiconductor technology, today announced that it will provide turnkey semiconductor solutions using the 2-nanometer (nm) foundry process and the advanced 2.5D packaging technology Interposer-Cube S (I-Cube S) to ...

Armada Announces $40M in Strategic Funding Round Led by M12
July 11th, 2024 Comments Off on Armada Announces $40M in Strategic Funding Round Led by M12
SAN FRANCISCO, July 11, 2024 -- Armada, an edge computing pioneer redefining the future of connectivity, compute and AI, today announced a $40 million funding round led by M12 (Microsoft's Venture Fund), raising its total to over $100 million. This ...

CodiumAI Launches Quality-First Generative AI Coding Platform for Enterprises
July 11th, 2024 Comments Off on CodiumAI Launches Quality-First Generative AI Coding Platform for Enterprises
TEL AVIV, Israel, July 11, 2024 -- CodiumAI, the generative code integrity platform, announced the launch of its enterprise platform which empowers development teams to leverage generative AI to improve code quality. Through organization-specific code suggestions, tests, and reviews, ...

Lucidworks: Manufacturers Slow to Deploy Planned GenAI Initiatives as Concerns Around Accuracy Spike
July 11th, 2024 Comments Off on Lucidworks: Manufacturers Slow to Deploy Planned GenAI Initiatives as Concerns Around Accuracy Spike
SAN FRANCISCO, July 11, 2024 -- Lucidworks, a leader in search and total AI solutions, released new manufacturing findings from its second annual Generative AI Global Benchmark Study. The study gathered input from over 2,500 leaders involved in AI technology ...

Manchin, Murkowski Introduce Bipartisan Legislation to Advance AI Leadership Using DOE’s National Labs
July 10th, 2024 Comments Off on Manchin, Murkowski Introduce Bipartisan Legislation to Advance AI Leadership Using DOE’s National Labs
WASHINGTON, July 10, 2024 -- Today, U.S. Senator Joe Manchin (I-WV), Chairman of the U.S. Senate Energy and Natural Resources Committee, and Senator Lisa Murkowski (R-AK) introduced the bipartisan Department of Energy AI Act to advance American leadership in artificial ...

Gartner Finds Majority of CFOs and CEOs Foresee AI as Top Industry Influencer in the Next 3 Years
July 10th, 2024 Comments Off on Gartner Finds Majority of CFOs and CEOs Foresee AI as Top Industry Influencer in the Next 3 Years
STAMFORD, Conn., July 10, 2024 -- A survey by Gartner, Inc. revealed that 62% of CFOs and 58% of CEOs believe that AI will have the most significant impact on their industries in the next three years. The Gartner ...

Hayden AI Raises $90M in Series C, Boosting Research and Development in Vision AI
July 10th, 2024 Comments Off on Hayden AI Raises $90M in Series C, Boosting Research and Development in Vision AI
SAN FRANCISCO, July 10, 2024 -- Hayden AI Technologies, Inc., a leader in vision AI solutions for smart cities, today announced $90 million in new growth equity financing. The Series C round was led by The Rise Fund, the multi-sector ...

AMD to Acquire Silo AI to Expand Enterprise AI Solutions Globally
July 10th, 2024 Comments Off on AMD to Acquire Silo AI to Expand Enterprise AI Solutions Globally
SANTA CLARA, Calif., July 10, 2024 -- AMD today announced the signing of a definitive agreement to acquire Silo AI, the largest private AI lab in Europe, in an all-cash transaction valued at approximately $665 million. The agreement represents ...

Storj Announces Acquisition of Valdi to Address GPU Shortage in Growing AI Market
July 10th, 2024 Comments Off on Storj Announces Acquisition of Valdi to Address GPU Shortage in Growing AI Market
LOS ANGELES, July 10, 2024 -- Storj has announced its acquisition of Valdi, a leader in on-demand high performance cloud computing (GPUs) widely used for AI training and inference in data-intensive industries like technology, research and life-sciences. Valdi is ...

Deloitte Launches AI and Data Accelerator Program with AWS
July 10th, 2024 Comments Off on Deloitte Launches AI and Data Accelerator Program with AWS
NEW YORK, July 10, 2024 -- Deloitte announced the creation of a multi-year strategic collaboration agreement with Amazon Web Services (AWS) to help clients around the world scale their Generative Artificial Intelligence, data and analytics and quantum computing capabilities ...
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