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Nokia Announces Leadership Transition, Justin Hotard to Take Over as CEO
February 10th, 2025 Comments Off on Nokia Announces Leadership Transition, Justin Hotard to Take Over as CEO
ESPOO, Finland, Feb. 10, 2025 – Nokia today announced a leadership transition as President and Chief Executive Officer Pekka Lundmark informed the Board of his decision to step down. The Board has appointed Justin Hotard as his successor, naming ...

Fluidstack to Build 1GW AI Supercomputer in France
February 10th, 2025 Comments Off on Fluidstack to Build 1GW AI Supercomputer in France
PARIS, Feb. 10, 2025 -- Fluidstack has signed a Memorandum of Understanding with the French government to build one of the world’s largest decarbonized AI supercomputers. Announced at the AI Action Summit in Paris, under the leadership of President Emmanuel ...

MOSTLY AI Unveils Open-Source Toolkit for Synthetic Data Generation
February 7th, 2025 Comments Off on MOSTLY AI Unveils Open-Source Toolkit for Synthetic Data Generation
Feb. 7, 2025 -- MOSTLY AI recently announced the launch of the first industry-grade open-source synthetic data toolkit (SDK), enabling any organization to easily generate high-quality, privacy-safe synthetic datasets from sensitive proprietary data, all within their own compute infrastructure. ...

Pecan AI Launches AI-Driven Co-Pilot for Predictive Analytics, Expanding Access to ML
February 7th, 2025 Comments Off on Pecan AI Launches AI-Driven Co-Pilot for Predictive Analytics, Expanding Access to ML
NEW YORK, Feb. 7, 2025 -- Pecan AI, recognized for its innovation in predictive analytics, has unveiled its new co-pilot for Predictive Modeling, designed to enable organizations to harness predictive analytics without reliance on data scientists. The platform enables ...

Sandia Deploys Private ChatGPT Instance for Secure Employee Use
February 7th, 2025 Comments Off on Sandia Deploys Private ChatGPT Instance for Secure Employee Use
ALBUQUERQUE, N.M., Feb. 7, 2025 -- Over the past four years, large language models have advanced in leaps and bounds, going from mangling candy heart messages to assisting with drafting performance self-evaluations. In May 2024, Sandia National Laboratories became ...

European Union: First Rules of the Artificial Intelligence Act Are Now Applicable
February 7th, 2025 Comments Off on European Union: First Rules of the Artificial Intelligence Act Are Now Applicable
Feb. 7, 2025 -- As of Sunday, February, 2, 2025, the first rules under the Artificial Intelligence Act (AI Act) started to apply in the European Union (EU). This includes the AI system definition, AI literacy, as well as ...

Oracle Recognized as a Leader in the 2025 IDC MarketScape
February 6th, 2025 Comments Off on Oracle Recognized as a Leader in the 2025 IDC MarketScape
AUSTIN, Texas, Feb. 6, 2025 -- Oracle has been named a Leader in the IDC MarketScape: Worldwide Public Cloud Infrastructure as a Service 2025 Vendor Assessment (doc #US51813824, January 2025). A complimentary excerpt is available here. The IDC MarketScape report evaluated ...

Cognida.ai Secures $15M Series A from Nexus Venture Partners
February 6th, 2025 Comments Off on Cognida.ai Secures $15M Series A from Nexus Venture Partners
CHICAGO, Feb. 6, 2025 -- Cognida.ai, a leader in practical AI solutions for enterprises, today announced the successful close of its $15 million Series A funding round, led by Nexus Venture Partners. This investment validates Cognida.ai's unique approach to ...

TrueFoundry Secures $19 Million Series A Funding to Transform AI Deployment
February 6th, 2025 Comments Off on TrueFoundry Secures $19 Million Series A Funding to Transform AI Deployment
SAN FRANCISCO, Feb. 6, 2025 -- TrueFoundry, an AI deployment and scaling platform, today announced it raised $19 million in Series A funding, led by Intel Capital. Existing investors Eniac Ventures and Peak XV’s Surge (formerly Sequoia Capital India ...

NVIDIA’s Spectrum-X Enhances AI Storage Bandwidth by Up to 48%
February 6th, 2025 Comments Off on NVIDIA’s Spectrum-X Enhances AI Storage Bandwidth by Up to 48%
Feb. 6, 2025 -- AI factories rely on more than just compute fabrics. While the East-West network connecting the GPUs is critical to AI application performance, the storage fabric—connecting high-speed storage arrays—is equally important. Storage performance plays a key ...
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