Tag:

NVIDIA

OpenAI and Mistral AI Introduce New, Cost-efficient Language Models

Key Takeaways: - OpenAI introduced GPT-4o mini, a cost-efficient version of the GPT-4o large language model. - Mistral AI released Mistral NeMo 12B, developed with Nvidia...

Nvidia and Others Inject $80M in Israeli AI Firm CytoReason’s Funding Round

Key Takeaways: - Israeli AI disease model company CytoReason raises $80 million in new funding round. - Tech giant Nvidia is among the investors participating in...

Lack of Infrastructure Hinders Enterprise GenAI Success, Hitachi Vantara Reports

Key Takeaways: - Enterprises mark Generative AI (GenAI) as a top priority, but lack the infrastructure and policies needed for success. - US firms are 35%...

SoftBank Expands AI Reach with Acquisition of UK’s Graphcore

Key Takeaways: - SoftBank Group Corp purchases artificial intelligence (AI) chipmaker Graphcore. - This move accelerates SoftBank's multibillion-dollar expansion within the AI industry, its new primary...

Fireworks AI Secures $52M in Funding Round, Led by Sequoia Capital

Key Takeaways: - Fireworks AI raises $52 million in Series B funding round led by Sequoia Capital - The funding round places the company's valuation at...

Fortanix and Nvidia Boost AI Drug Discovery Accuracy with Xeureka

Key Takeaways - Mitsui & Co Ltd.'s subsidiary, Xeureka, has successfully applied Fortanix's Confidential Computing technology to enhance the accuracy of AI models. - The implementation...

Amazon Hits $2 Trillion Milestone, Joins Elite US Tech Companies League

Key Takeaways: - Amazon has reached a $2 trillion market capitalization, making it one of the few U.S. tech companies to achieve this. - This comes...

Nvidia Faces Potential Antitrust Charges in France Over AI Industry Domination

Key Takeaways: - French antitrust authorities are ready to bring charges against Nvidia for allegedly engaging in anti-competitive practices. - Nvidia's dominance in the Artificial Intelligence...