Thomvest Ventures leads the round with significant participation from M12; the privacy and security platform expects to double ARR in 2024 Relyance AI, a leading AI-powered data governance platform that provides complete visibility and control over enterprise-wide data, announced a $32.1 million Series B funding round to scale operations and meet the needs of the … [Read more...] about Relyance AI Raises $32 Million Series B Funding to Safeguard AI Innovation in the Enterprise
BigData
Alation Unveils AI Governance Solution to Power Safe and Reliable AI for Enterprises
Organizations can accelerate AI readiness, streamline model development, and ensure regulatory compliance with centralized, trusted data and AI governance Alation Inc., the data intelligence company, launched its AI Governance solution to help organizations realize value from their data and AI initiatives. The solution ensures that AI models are developed using secure, … [Read more...] about Alation Unveils AI Governance Solution to Power Safe and Reliable AI for Enterprises
HPE Launches New Purpose-built Solutions – Powered by AMD – to Accelerate Training for Large, Complex AI Models
New HPE ProLiant Compute XD685 supports eight AMD Instinct™ MI325X accelerators and two AMD EPYCTM CPUs to deliver optimum performance and flexibility to efficiently build and train large language models Hewlett Packard Enterprise (NYSE: HPE) announced the HPE ProLiant Compute XD685 for complex AI model training tasks, powered by 5th Gen AMD EPYC™ processors and AMD … [Read more...] about HPE Launches New Purpose-built Solutions – Powered by AMD – to Accelerate Training for Large, Complex AI Models
How to Balance Top-Down Decision-Making and Bottom-Up Innovation for Enterprise AI Adoption
Leaders today are under a lot of pressure—pressure to reduce costs, to drive revenue and, increasingly, to demonstrate how they are leveraging AI to achieve these goals. It’s not an easy ask. AI technologies are evolving rapidly. They’re learning and changing all the time, with new enterprise solutions, new models, new data and new use cases emerging daily. This makes … [Read more...] about How to Balance Top-Down Decision-Making and Bottom-Up Innovation for Enterprise AI Adoption
AMD Unveils 5th Gen EPYC, Instinct MI325X & More at Advancing AI 2024
Today at the Advancing AI event in San Francisco, AMD announced the latest AI and high-performance computing solutions, including the 5th Gen AMD EPYC and AMD Instinct MI325X accelerators and processors, alongside leading customers and partners including Microsoft, OpenAI, Meta, Oracle, Google Cloud and more. During the keynote below, AMD Chair and CEO, Dr. Lisa Su, … [Read more...] about AMD Unveils 5th Gen EPYC, Instinct MI325X & More at Advancing AI 2024
GenAI – How Enterprises Can Move Beyond Code Generation to Achieve Real Value
The arrival of GenAI has put immense pressure on software development organizations. According to a new Bain & Company report, “Beyond Code Generation: More Efficient Software Development,” GenAI appears to save about 10-15% of total software engineering time today — but improvements of 30% or more are possible. However, the report says that companies are failing to … [Read more...] about GenAI – How Enterprises Can Move Beyond Code Generation to Achieve Real Value
At 2024 AI Hardware & Edge AI Summit: Elio Van Puyvelde, CIO, Nscale
At the recent 2024 AI Hardware & Edge AI Summit in San Jose, Calif., I caught up with Elio Van Puyvelde, CIO, Nscale, the hyperscaler engineeried for AI where you can access thousands of GPUs tailored to your requirements using the Nscale AI cloud platform. The discussion takes us on a tour of the company’s mission and market strategy along with a brief history of the … [Read more...] about At 2024 AI Hardware & Edge AI Summit: Elio Van Puyvelde, CIO, Nscale
AI’s Role in Revolutionizing Anti-Money Laundering Efforts
As financial institutions (FIs) defend against increasingly sophisticated criminal tactics, AI is becoming a critical differentiator. This transformation is particularly notable in the anti-money laundering (AML) space. In fact, experts predict the AML market will balloon to $16.37 billion by 2033, up from $3.18 billion in 2023. AI will be an important factor in the growth of … [Read more...] about AI’s Role in Revolutionizing Anti-Money Laundering Efforts
Cloudflare Enhances AI Inference Platform with Powerful GPU Upgrade, Faster Inference, Larger Models, Observability, and Upgraded Vector Database
Workers AI is the easiest place to build and scale AI applications; can now deploy larger models and handle more complex AI tasks Cloudflare, Inc. (NYSE: NET), a leading connectivity cloud company, announced powerful new capabilities for Workers AI, the serverless AI platform, and its suite of AI application building blocks, to help developers build faster, more powerful … [Read more...] about Cloudflare Enhances AI Inference Platform with Powerful GPU Upgrade, Faster Inference, Larger Models, Observability, and Upgraded Vector Database
New Capabilities in MicroStrategy ONE Help Enterprises Strengthen GenAI Reliability, Accessibility, and Explainability for Faster, More Accurate Decision-Making
Close collaboration with customers has enabled MicroStrategy to continuously innovate, empowering enterprises to overcome the GenAI “trough of disillusionment” MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in AI-powered business intelligence, announced the latest release of MicroStrategy ONE, the fully cloud-native AI/BI platform that’s trusted by the world’s … [Read more...] about New Capabilities in MicroStrategy ONE Help Enterprises Strengthen GenAI Reliability, Accessibility, and Explainability for Faster, More Accurate Decision-Making