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Technology

AI Dominates IT Sector Spending But Still Falls Short in Boosting Productivity

Key Takeaways: - Artificial Intelligence (AI) outpaces all other IT sectors in spending momentum. - Despite significant spending, AI has not universally boosted productivity or delivered...

Top Tech and Startup Stories from GeekWire: Week of July 7, 2024

Key Takeaways: - Drone company experiences major tech failure on July 4, causing a loss of devices into a lake - DoorDash and Uber grow impatient...

Cerabyte Pioneers Ceramic-Based Data Storage for the U.S Market

Key Takeaways: - Cerabyte, popularly known as Ceramic Data Solutions Holding GmbH, ventures into the U.S market with its unique ceramic data storage offering. - The...

Kindo Raises $20.6 Million to Boost AI Security Across Enterprises

Key Takeaways: - Kindo secured $20.6 million in a funding round led by Drive Capital, with contributions from other investors. - The firm has also acquired...

C3 AI Inc. Launches AI-Driven Chat Interface for Government Programs

Key Takeaways: - C3 AI Inc. has introduced C3 Generative AI for Government Programs. - The generative AI application is designed to assist various government sectors...

HP Introduces AI-Optimized Laptop and Two Desktop Units

Key Takeaways: - HP Inc. launched an AI-optimized laptop, OmniBook Ultra, touted as the best-performing AI PC globally. - The company is also offering two new...

Seattle Energy Summit Tackles Expected 30% Spike in Electricity Demand

Key Takeaways: - Pacific Northwest could face an upsurge of 30% in electricity needs over the next decade. - The increase is equal to the amount...

Microsoft Unveils SpreadsheetLLM: An AI Model for Enhancing Excel and Google Sheets Efficiency

Key Takeaways: • Microsoft has developed an experimental AI model, SpreadsheetLLM, intended to improve AI's performance with spreadsheets. • The model was introduced in a research...