Tag: generative AI

Here you will find all the articles with the tag: generative AI.

Microsoft: ‘Only Google can compete in the AI race alone’

Microsoft: ‘Only Google can compete in the AI race alone’

According to Microsoft, its partnership with OpenAI is necessary to provide Google with any competition. Speaking to the European Commission (EC), the tech giant argues that Google is the only company that can be at the forefront of AI without outside help. Microsoft has been asked to explain it... Read more

date1 month ago
Akamai democratizes AI workloads with Neural Magic

Akamai democratizes AI workloads with Neural Magic

Together, Akamai and Neural Magic are trying to democratize AI workloads. Given the shortages of prohibitively expensive GPUs, the option of running AI on Akamai infrastructure may be more attractive. The combined solution allows deep learning computations to take place on server CPUs. Neural Ma... Read more

date1 month ago
AI is often just a good excuse for layoffs

AI is often just a good excuse for layoffs

Last week, Amsterdam-based tech company Bird laid off 90 employees within the space of just seven minutes. By using AI, the remaining 80 percent of the workforce would still be able to get things done just as efficiently as before. Major layoffs have become commonplace within the tech industry over... Read more

date1 month ago
Cloud deals and GenAI drive Oracle’s higher quarterly revenue

Cloud deals and GenAI drive Oracle’s higher quarterly revenue

Strong growth in cloud and GenAI infrastructure sales delivered Oracle a slightly higher revenue in the third quarter of fiscal 2024. Overall, quarterly revenue rose 7 percent to 12.17 billion euros ($13.3 billion). Net sales rose 18 percent to a total of about 2.2 billion euros ($2.4 billion). ... Read more

date2 months ago
HP presents new AI PCs, Poly webcams and monitors

HP presents new AI PCs, Poly webcams and monitors

HP claims the company has the largest portfolio of AI PCs on offer. All the new hardware offerings, according to HP, are capable of making our daily work easier. This is very much needed, as knowledge workers in particular appear to be maintaining an unhealthy relationship with work. AI is inten... Read more

date2 months ago
OpenAI fights off Musk allegations and reveals internal emails

OpenAI fights off Musk allegations and reveals internal emails

Last week, Elon Musk filed a lawsuit against OpenAI, which he co-founded. Now that company is defending itself against Musk's allegation that it is unfairly pursuing a for-profit model. Indeed, old emails allegedly show that the tech tycoon himself wanted OpenAI to bring in more money to develop AI... Read more

date2 months ago
Will Groq depose Nvidia from its AI throne with the LPU?

Will Groq depose Nvidia from its AI throne with the LPU?

Hardware manufacturer Nvidia is the big winner of the AI revolution as it stands. As the maker of the GPUs that make everything from ChatGPT to GitHub Copilot and Google Gemini possible, its market value has soared above $2 trillion. The company isn't sitting still, but Groq is positioning itself a... Read more

date2 months ago
Majority of consumers see AI improves shopping experience

Majority of consumers see AI improves shopping experience

Frontline copilots, voice-activated wearables and demand forecasting are some options to make retail more appealing. 69 per cent of consumers also expect AI to improve their shopping experience. That's according to research by Zebra Technologies. Decision makers are also convinced: 85 per cent b... Read more

date2 months ago
Qualcomm makes on-device AI more readily available to developers

Qualcomm makes on-device AI more readily available to developers

Qualcomm is introducing a range of new AI-supported devices and solutions at MWC 2024 in Barcelona. With this, according to the chip manufacturer, the commercial exploitation of on-device AI has truly begun. Qualcomm is bringing AI to mobile devices through chipsets, allowing end users to use th... Read more

date2 months ago
AWS adds Mistral LLMs to Amazon Bedrock

AWS adds Mistral LLMs to Amazon Bedrock

AWS is going to make two open-source LLMs from Mistral available in Amazon Bedrock. This should give customers even more choice in terms of AI models for their business needs. The underlying reasons for offering Mistral's LLMs through Amazon Bedrock are several, according to AWS. First, these AI... Read more

date2 months ago
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