A new platform from a Palo Alto-based startup aims to level the AI development playing field. Monster API has launched a platform it claims to be the “Airbnb of GPUs” and has secured $1.1 million in pre-seed funding. Generative AI has captured global attention and applications are rapidly being developed for everything from content creation ...Full article
Cohere, the provider of an AI development platform, announced it has raised $270 million in a Series C round. “AI will be the heart that powers the next decade of business success,” said Aidan Gomez, CEO and co-founder, Cohere. “As the early excitement about generative AI shifts toward ways to accelerate businesses, companies are looking to ...Full article
Apple's closed environment and in-house hardware and software strategy ensures the company does not have to worry as much as Microsoft or Facebook about building AI factories with a giant battalion of GPUs. Apple did not talk about its machine learning strategy at last week’s Worldwide Developer Conference where the company revealed a new mixed-reality ...Full article
Hyperion Research presented its annual ISC breakfast HPC market update in Hamburg where it shared a forecast that worldwide HPC-enabled AI server revenue will grow by 22.7% (CAGR) over the next 5 years. Hyperion CEO Earl Joseph predicts that 2023 will be the year of AI regulation: “We expect to see serious AI regulations primarily ...Full article
Does artificial intelligence represent an existential threat to humanity along the lines of nuclear war and pandemics? A new statement signed by AI scientists and other notable figures says it should be treated as such. The statement reads: “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics ...Full article
The folks at Intersect360 Research released their latest report and market update just ahead of ISC 2023, which was held in Hamburg, Germany, last week. The headline: “We’re returning to stable growth,” per Addison Snell, Intersect360 CEO. In the “grand unification” view of the market – which includes Intersect360’s analysis of both on-prem and hyperscale ...Full article
Google is hedging its future on artificial intelligence, and is swinging at the fences to prove it is up to speed with rival Microsoft, which has unexpectedly emerged as a frontrunner. Google CEO Sundar Pichai managed to create excitement around its AI technologies at the recent IO conference. But many questions were left unanswered on ...Full article
A new system from Nvidia might live up to the moniker "AI supercomputer": the DGX GH200. Announced on Monday at Computex in Taipei, the newest addition to Nvidia’s burgeoning portfolio ties together 256 Grace-Hopper Superchips, connected by 36 NVLink Switches, to provide over 1 exaflops of FP8 AI performance (or nearly 9 petaflops of FP64 ...Full article
Arm's disciplined philosophy of power efficiency first helped the company thrive in smartphones, and leave Intel and its PC-based mobile chips in the dust. The chip designer is not abandoning its principles in the new era of AI computing, with a new chip architecture that provides a glimpse at how it will design its future ...Full article
“Watch what you wish for” isn’t just an all-purpose cautionary admonishment – it’s the current state of affairs as organizations of all kinds grapple with the ripple effects of Generative artificial intelligence (AI) applications like ChatGPT, Bing, Bard and Claude. In the race to grab market share, companies such as Microsoft and Google have made ...Full article
The U.S. should consider creating a new regulatory body to oversee the licensing and use of AI “above a certain threshold,” OpenAI CEO Sam Altman said in Congressional testimony on Tuesday (May 16). His recommendation was met with disdain from some, while other AI experts applauded his idea. “OpenAI was founded on the belief that artificial ...Full article
Nvidia has announced a partnership with ServiceNow to develop domain-specific generative AI models for the enterprise. ServiceNow is a SaaS provider focused on IT service management tools. The company is developing custom large language models trained on data specifically for its ServiceNow Platform, a cloud-based workflow automation platform. ServiceNow will use Nvidia’s NeMo foundation models ...Full article
While inflation is down from its high of 9% last June, American companies are still grappling with rising costs. Companies that can raise their prices to balance the ledger are doing so, but others are addressing inflation another way: by boosting employee productivity through conversational AI, or chatbots. According to Moveworks CEO and Co-Founder Bhavin Shah, companies ...Full article
With the recent evolution of ChatGPT and generative AI, the picture of what AI can accomplish is becoming more apparent. As new use cases and innovation accelerates, this is an exciting time for the industry. However, it will take time for these technologies to break into the mainstream market and reach a level of ease ...Full article
Cloud providers are building armies of GPUs to provide more AI firepower. At its annual Google I/O developer conference today, Google announced an AI supercomputer with 26,000 GPUs. The Compute Engine A3 supercomputer is one more proof point that it is throwing more resources in an aggressive counteroffensive in its battle for AI supremacy with ...Full article
In this monthly feature, we bring you up to date on the latest career developments in the enterprise AI community – promotions, new hires and accolades. Here's the place to read about the movers and shakers, your colleagues, your friends, and maybe yourself. Asanka Abeysinghe WSO2, a provider of digital transformation technology solutions, promoted Asanka ...Full article
A pattern is emerging on how U.S. government wants to boost its AI research. The approach is similar to how the early supercomputing infrastructures were built: engage academia and national labs, then apply the research to solve critical domestic issues. The National Science Foundation (NSF) on Tuesday announced it was awarding $140 million to universities ...Full article
Global funding from venture investors plunged 56% last month compared to April 2022, going from $47.8 billion to about $21 billion this year, according to a Crunchbase analysis released today. However, AI was one of the bright spots for venture capital firms, attracting nearly $3 billion in investments. “How Low Can It Go?” asks Senior ...Full article
The rise of artificial intelligence poses an existential threat to humans and is on par with the use of nuclear weapons, according to more than a third of AI researchers polled in a recent Stanford study as well as Geoffrey Hinton, one of the “the Godfathers of AI.” Hinton, who shares a 2018 Turing Award ...Full article
Today, AMD reported its financial results for Q1 2023. The headline: revenues ($5.4 billion) are down by 9.2% year-over-year, just barely beating expectations amid turmoil among the economy in general and AMD’s competition. However, the company is also projecting effectively flat revenues of $5.3 billion in Q2 2023 (±$300 million), which elicited disappointment from analysts. ...Full article
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Alex WoodieEditorial Director
Jaime HamptonManaging Editor
Ali AzharContributing Editor
Drew JollyContributing Editor
