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RunPod Raises $20M in Seed Funding Co-led by Intel Capital and Dell Technologies Capital

May 8th, 2024 Comments Off on RunPod Raises $20M in Seed Funding Co-led by Intel Capital and Dell Technologies Capital
MT. LAUREL, N.J., May 8, 2024 -- RunPod today announced it raised $20 million in Seed funding, co-led by Intel Capital and Dell Technologies Capital with participation from Julien Chaummond, Nat Friedman, and Adam Lewis. In conjunction with the financing, ...

Elastic Security Labs Releases Guidance to Avoid LLM Risks and Abuses

May 8th, 2024 Comments Off on Elastic Security Labs Releases Guidance to Avoid LLM Risks and Abuses
SAN FRANCISCO, May 8, 2024 -- Elastic, a leading Search AI company, announced LLM Safety Assessment: The Definitive Guide on Avoiding Risk and Abuses, the latest research issued by Elastic Security Labs. The LLM Safety Assessment explores large language model ...

Microsoft Announces $3.3B Investment in Wisconsin to Spur AI Innovation and Economic Growth

May 8th, 2024 Comments Off on Microsoft Announces $3.3B Investment in Wisconsin to Spur AI Innovation and Economic Growth
MOUNT PLEASANT, Wis., May 8, 2024 -- Microsoft today announced a broad investment package designed to strengthen the role of Southeast Wisconsin as a hub for AI-powered economic activity, innovation, and job creation. These investments include $3.3B in cloud ...

NVIDIA CEO Jensen Huang to Deliver Keynote Ahead of COMPUTEX 2024

May 8th, 2024 Comments Off on NVIDIA CEO Jensen Huang to Deliver Keynote Ahead of COMPUTEX 2024
May 8, 2024 -- Amid an AI revolution sweeping through trillion-dollar industries worldwide, NVIDIA founder and CEO Jensen Huang will deliver a keynote address ahead of COMPUTEX 2024, in Taipei, outlining what’s next for the AI ecosystem. Slated for ...

Mitre Leverages NVIDIA Tech to Launch Federal AI Sandbox for US Government

May 7th, 2024 Comments Off on Mitre Leverages NVIDIA Tech to Launch Federal AI Sandbox for US Government
MCLEAN, Va., May 7, 2024 -- MITRE is building a new capability intended to give its artificial intelligence (AI) researchers and developers access to a massive increase in computing power. The new capability, MITRE Federal AI Sandbox, will provide better ...

Panasas Rebrands as VDURA, Introducing Software Subscription Model for Enhanced HPC and AI Performance

May 7th, 2024 Comments Off on Panasas Rebrands as VDURA, Introducing Software Subscription Model for Enhanced HPC and AI Performance
SAN JOSE, Calif., May 7, 2024 -- VDURA, the AI and HPC data infrastructure software company, today announced its official launch as the new brand identity of Panasas, longtime HPC and parallel file system pioneer. The rebranding signifies the company’s ...

Red Hat Supercharges AI Workloads with Intel Tech from Datacenter to Edge

May 7th, 2024 Comments Off on Red Hat Supercharges AI Workloads with Intel Tech from Datacenter to Edge
DENVER, May 7, 2024 -- Red Hat, Inc., a leading provider of open source solutions, today announced a collaboration with Intel to power enterprise AI usages on Red Hat OpenShift AI. Together, the two companies will facilitate the delivery ...

Oracle Code Assist Can Help Developers Build Applications Faster with AI

May 7th, 2024 Comments Off on Oracle Code Assist Can Help Developers Build Applications Faster with AI
AUSTIN, Texas, May 7, 2024 -- Oracle today announced plans for Oracle Code Assist, an AI code companion, to help developers boost velocity and enhance code consistency. Powered by large language models (LLMs) running on Oracle Cloud Infrastructure (OCI) ...

LTIMindtree and IBM Collaborate on watsonx Center of Excellence for Generative AI

May 7th, 2024 Comments Off on LTIMindtree and IBM Collaborate on watsonx Center of Excellence for Generative AI
MUMBAI, India, May 7, 2024 -- LTIMindtree, a global technology consulting and digital solutions company, announced a collaboration with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India, a co-innovation center combining the power ...

IBM’s New Power Server Extends AI Workloads from Core to Cloud to Edge

May 7th, 2024 Comments Off on IBM’s New Power Server Extends AI Workloads from Core to Cloud to Edge
May 7, 2024 -- IBM announced today the expansion of its portfolio of servers with the introduction of IBM Power S1012. This 1-socket, half-wide Power10 processor-based system delivers up to 3X more performance per core versus Power S812, extending AI ...
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