Archives
Marvell Expands Strategic Collaboration with AWS to Enable Accelerated Infrastructure for AI in the Cloud
December 2nd, 2024
SANTA CLARA, Calif., Dec. 2, 2024 -- Marvell Technology, Inc., a leader in data infrastructure semiconductor solutions, announced today the expansion of the company's strategic relationship with Amazon Web Services (AWS) through a five-year, multi-generational agreement that includes collaboration across ...
Fujitsu Expands AWS Collaboration to Drive Digital Transformation Across Industries
December 2nd, 2024
KAWASAKI, Japan, Dec. 2, 2024 -- Fujitsu today announced that it has signed a three-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS). This collaboration, officially concluded on November 29, expands the existing agreements in the mobility, finance, ...
Tenstorrent Closes $693M+ Series D Funding Led by Samsung Securities and AFW Partners
December 2nd, 2024
SANTA CLARA, Calif., Dec. 2, 2024 -- Tenstorrent has announced that it has closed over $693 million in its Series D funding round at a pre-money valuation of $2 billion. Samsung Securities and AFW Partners led the round, which was ...
Intel Announces Retirement of CEO Pat Gelsinger
December 2nd, 2024
SANTA CLARA, Calif., Dec. 2, 2024 – Intel Corporation today announced that CEO Pat Gelsinger retired from the company after a distinguished 40-plus-year career and has stepped down from the board of directors, effective Dec. 1, 2024. Intel has named two ...
Abu Dhabi’s Technology Innovation Institute Inaugurates Open-Source AI Summit with Critical Discussions on the Future of AI
November 27th, 2024
ABU DHABI, United Arab Emirates, Nov. 27, 2024 -- The Open-Source AI Summit Abu Dhabi, hosted by the Technology Innovative Institute (TII), a global applied science research center, has kicked off with critical conversations that will shape the global AI ...
NTT DATA Announces Intent to Acquire Niveus Solutions to Accelerate Global Leadership in Google Cloud
November 27th, 2024
LONDON, Nov. 27, 2024 -- NTT DATA, a global leader in digital business and IT services, has announced it has signed a definitive agreement to acquire Niveus Solutions, a premier cloud engineering company, specializing in Google Cloud Platform (GCP) ...
IDC Report: AI Infrastructure Spending to Surpass $100B by 2028
November 27th, 2024
NEEDHAM, Mass., Nov. 27, 2024 -- The global Artificial Intelligence (AI) infrastructure market is on track for unprecedented growth, poised to surpass $100 billion USD in spending by 2028, according to the latest findings from the International Data Corporation (IDC) ...
AMD Expands ROCm 6.3 with Optimized Libraries for AI and HPC Workflows
November 26th, 2024
Nov. 26, 2024 -- AMD has announced the release of ROCm 6.3 open-source platform, introducing advanced tools and optimizations to elevate AI, ML, and HPC workloads on AMD Instinct GPU accelerators. ROCm 6.3 is engineered to empower a wide ...
H2O.ai Unveils Agentic AI That Converges Generative and Predictive AI with Purpose-built SLMs
November 25th, 2024
MOUNTAIN VIEW, Calif., Nov. 25, 2024 -- H2O.ai has unveiled h2oGPTe, an enterprise generative AI platform integrating Predictive AI and Generative AI capabilities. The platform introduces new agentic features that streamline workflows by combining predictive models with autonomous task execution. ...
Tokyo University of Science Unveils Synaptic Device for Low-Power Edge AI Sensors
November 25th, 2024
TOKYO, Nov. 25, 2024 -- Physical reservoir computing (PRC) utilizing synaptic devices shows significant promise for edge AI. Researchers from the Tokyo University of Science have introduced a novel self-powered dye-sensitized solar cell-based device that mimics human synaptic behavior ...