Archives
Lightmatter Joins UALink Consortium to Propel AI Interconnect into the Photonic Era
December 19th, 2024
MOUNTAIN VIEW, Calif., Dec. 19, 2024 -- Lightmatter has joined the Ultra Accelerator Link Consortium (UALink), a new industry initiative focused on creating high-speed, low-latency open interconnect standards for scale-up AI systems. As a Contributor member, Lightmatter will apply its ...
Vultr Expands Global Reach with New Funding at $3.5B Valuation
December 18th, 2024
WEST PALM BEACH, Fla., Dec. 18, 2024 -- Vultr today announced it has completed a growth financing at a $3.5 billion valuation, led by LuminArx Capital Management and AMD Ventures. Vultr will use this new equity financing to support its ...
Menlo Ventures Announces Cohort Backed by $100M Anthology Fund Launched in Partnership with Anthropic
December 18th, 2024
MENLO PARK, Calif., Dec. 18, 2024 -- Menlo Ventures, a leading venture capital firm investing at the forefront of AI, announced its first cohort of 18 companies backed by the $100 million Anthology Fund today. Launched in partnership with ...
Lockheed Martin Adds IBM Granite to Its Suite of Next-Gen AI Factory Tools
December 18th, 2024
ARMONK, N.Y., Dec. 18, 2024 -- Lockheed Martin, a longtime leader in harnessing artificial intelligence to boost defense and aerospace capabilities, is once again reshaping the future of AI-driven innovation. In a new collaboration, IBM's high-performing, enterprise-ready Granite large ...
Cineca and Leonardo to Boost Italian Technological Development Through HPC and AI
December 18th, 2024
ROME, Dec. 18, 2024 -- Cineca and Leonardo are expanding their collaboration to create a structured digital services supply chain that will bolster Italy's technological development and support the national industrial system. This initiative builds on a framework agreement signed ...
Multiverse Computing Explores Quantum-Inspired AI for Enhanced Data Privacy with Bundesdruckerei
December 18th, 2024
DONOSTIA-SAN SEBASTIÁN, Spain, Dec. 18, 2024 -- Multiverse Computing, a global leader in value-based AI and quantum computing solutions, and the Bundesdruckerei GmbH, the German federal government’s technology company, are exploring the potential of quantum and quantum-inspired solutions. The ...
Survey: 86% of Enterprises Require Tech Stack Upgrades to Properly Deploy AI Agents
December 17th, 2024
SAN FRANCISCO, Dec. 17, 2024 -- The “State of AI Agent Development Strategies in the Enterprise” survey of over 1,000 enterprise technology leaders and practitioners found that more than 86% of enterprises require upgrades to their existing tech stack in ...
Milvus 2.5 Creates Best of Both Worlds with Hybrid Vector-Keyword Search
December 17th, 2024
SAN FRANCISCO, Dec. 17, 2024 -- Zilliz, the company behind the open-source vector database Milvus, today announced the release of Milvus 2.5, which includes powerful advancements to hybrid vector and keyword search capabilities that process queries 30 times faster than ...
NVIDIA Debuts NeMo Retriever Microservices for Multilingual GenAI Fueled by Data
December 17th, 2024
Dec. 17, 2024 -- In enterprise AI, understanding and working across multiple languages is no longer optional — it’s essential for meeting the needs of employees, customers and users worldwide. Multilingual information retrieval — the ability to search, process ...
MinIO and F5 to Enhance AI Workloads with High-Performance Object Storage and Distributed Application Services
December 17th, 2024
REDWOOD CITY, Calif., Dec. 17, 2024 -- MinIO, a leader in high-performance, Kubernetes-native object storage, today announced a strategic partnership with F5, a global leader in multicloud application security and delivery. This collaboration unites MinIO's cutting-edge, scalable storage solutions ...