#enterprise-ai

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#open-source

IBM doubles down on open source AI with new Granite 3.0 models

IBM is leading in open-source AI with the release of Granite AI 3.0 models, emphasizing business applications despite common industry hesitation.

Red Hat acts as engine for open enterprise AI

Red Hat champions open enterprise AI as essential for improving business AI strategies.

Snowflake Arctic, a New AI LLM for Enterprise Tasks, is Coming to APAC

Snowflake launches Arctic LLM, an open-source large language model for enterprise AI use cases.

IBM doubles down on open source AI with new Granite 3.0 models

IBM is leading in open-source AI with the release of Granite AI 3.0 models, emphasizing business applications despite common industry hesitation.

Red Hat acts as engine for open enterprise AI

Red Hat champions open enterprise AI as essential for improving business AI strategies.

Snowflake Arctic, a New AI LLM for Enterprise Tasks, is Coming to APAC

Snowflake launches Arctic LLM, an open-source large language model for enterprise AI use cases.
moreopen-source
#ai-investment

Amazon doubles down on Anthropic, positioning itself as a key player in the AI arms race

Amazon doubles investment in Anthropic to $8 billion, aiming to compete with Microsoft and Google in AI.

AI can't generate compelling reasons to use it for work

Enterprise AI is facing significant challenges, including reduced productivity from generative chatbots and lackluster sales of expensive AI PCs.

Amazon doubles down on Anthropic, positioning itself as a key player in the AI arms race

Amazon doubles investment in Anthropic to $8 billion, aiming to compete with Microsoft and Google in AI.

AI can't generate compelling reasons to use it for work

Enterprise AI is facing significant challenges, including reduced productivity from generative chatbots and lackluster sales of expensive AI PCs.
moreai-investment

Enterprise AI Invitational at AWS re:Invent Luma

MindsDB hosts an Enterprise AI Invitational to connect leaders and share insights on leveraging AI in organizations.
#generative-ai

C3 AI Named to The Financial Times' The Americas' Fastest Growing Companies 2024

C3 AI recognized as one of the Americas' Fastest Growing Companies of 2024 by The Financial Times
C3 AI's strong positioning in enterprise AI market validated by strategic recognition

Building the Future of Generative AI: Compound AI Systems

The next generation of generative AI will be dynamic compound AI systems that integrate various models and external knowledge for effective business solutions.

Generative AI platform Cohere lands 500M in funding | App Developer Magazine

Cohere raises $500 million in funding, positioning for accelerated growth in the enterprise AI market.

How trusted enterprise AI can drive the next economic boom

AI economy to grow over $200 billion annually.

Building the Future of Generative AI: Compound AI Systems

The future of generative AI lies in compound AI systems that integrate multiple models and real-time data for better performance.

Snowflake customers eke out early gains from Gen AI applications

Generative AI can deliver meaningful benefits in enterprise applications within a short time after implementation.

C3 AI Named to The Financial Times' The Americas' Fastest Growing Companies 2024

C3 AI recognized as one of the Americas' Fastest Growing Companies of 2024 by The Financial Times
C3 AI's strong positioning in enterprise AI market validated by strategic recognition

Building the Future of Generative AI: Compound AI Systems

The next generation of generative AI will be dynamic compound AI systems that integrate various models and external knowledge for effective business solutions.

Generative AI platform Cohere lands 500M in funding | App Developer Magazine

Cohere raises $500 million in funding, positioning for accelerated growth in the enterprise AI market.

How trusted enterprise AI can drive the next economic boom

AI economy to grow over $200 billion annually.

Building the Future of Generative AI: Compound AI Systems

The future of generative AI lies in compound AI systems that integrate multiple models and real-time data for better performance.

Snowflake customers eke out early gains from Gen AI applications

Generative AI can deliver meaningful benefits in enterprise applications within a short time after implementation.
moregenerative-ai

Nutanix Enterprise AI can now run AI workloads in the public cloud

Nutanix Enterprise AI now supports GenAI workloads in public cloud, enabling faster, hybrid, and more efficient AI infrastructure deployments.

Enterprise AI: Clever Code Or Corporate Coup? Grim Musings On Tech's Endgame | HackerNoon

Postman's $250 million investment reflects absurd tech spending amid risks of AI's unpredictable nature in business.
#snowflake

Snowflake bigs up the power of the partner and eyes deeper engagement to tackle business challenges in the enterprise AI era

Snowflake credits its success and future growth to its strong partner ecosystem.

Snowflake unveils Arctic, an enterprise-grade LLM

Snowflake launches Arctic, an open enterprise-grade large language model for efficient AI.
Data strategy is crucial for AI success, with Snowflake positioning itself as a key player in the enterprise AI space.

Snowflake bigs up the power of the partner and eyes deeper engagement to tackle business challenges in the enterprise AI era

Snowflake credits its success and future growth to its strong partner ecosystem.

Snowflake unveils Arctic, an enterprise-grade LLM

Snowflake launches Arctic, an open enterprise-grade large language model for efficient AI.
Data strategy is crucial for AI success, with Snowflake positioning itself as a key player in the enterprise AI space.
moresnowflake

NetApp is on a mission to drive hybrid cloud adoption - but first, the data silos have got to go

Hybrid cloud models are essential for unlocking the full potential of enterprise AI.
Companies face challenges in unifying data across multiple cloud environments.
Standardization is critical for simplifying hybrid cloud infrastructures.
#automation

Google Cloud claims first ROI on AI Agents approach - but is it enough to beat the competition?

Google Cloud has launched a new Customer Engagement Suite to enhance enterprise customer service via generative AI tools.

Preparing for the new AI workforce in higher education

AI will replace millions of jobs by 2025, yet will create new jobs and increase productivity significantly.
Studies show AI can enhance productivity, speed, and quality of tasks, leading to a potential increase in global goods and services production by 7%.

Google Cloud claims first ROI on AI Agents approach - but is it enough to beat the competition?

Google Cloud has launched a new Customer Engagement Suite to enhance enterprise customer service via generative AI tools.

Preparing for the new AI workforce in higher education

AI will replace millions of jobs by 2025, yet will create new jobs and increase productivity significantly.
Studies show AI can enhance productivity, speed, and quality of tasks, leading to a potential increase in global goods and services production by 7%.
moreautomation
#acquisition

CMA clears Microsoft's hiring of Inflection leadership

Microsoft's acquisition of Inflection AI was cleared by UK authorities, citing insufficient market impact to affect competition in the enterprise AI sector.

AMD buys dev Silo AI in bid to match Nvidia's AI portfolio

AMD acquires Silo AI for $650 million to enhance enterprise AI solutions.

CMA clears Microsoft's hiring of Inflection leadership

Microsoft's acquisition of Inflection AI was cleared by UK authorities, citing insufficient market impact to affect competition in the enterprise AI sector.

AMD buys dev Silo AI in bid to match Nvidia's AI portfolio

AMD acquires Silo AI for $650 million to enhance enterprise AI solutions.
moreacquisition

German enterprise AI platform Zive secures 2.8M - Silicon Canals

Zive accelerates growth with $3.2M funding to enhance enterprise AI solutions helping employees access unstructured company knowledge efficiently.

Opkey, an AI-based ERP testing platform, raises $47M | TechCrunch

Enterprise AI adoption is accelerating, particularly in routine applications such as finance and HR software testing.
Opkey's recent funding signifies strong market demand for reliable AI solutions in enterprise IT.
Digital transformation processes require effective testing of ERP software to avoid vulnerabilities.

Dell Technologies World 2024: Bringing AI to the edge

Businesses shifting towards open ecosystems for AI and smaller models at the edge for more efficient operations.
#ai-adoption

You Could Start Seeing ChatGPT Showing Up More in Your Workplace

ChatGPT Enterprise has seen a significant increase in demand with 600,000 sign-ups, up from 150,000 earlier this year.
OpenAI predicts 2024 to be the year of adoption for AI in the enterprise, driven by the success of ChatGPT in business settings.

AI investment still at planning stage through 2024: Gartner

Gartner predicts that the widespread adoption of AI in enterprise will not happen until 2024.
The forecast for worldwide IT spending in 2024 has been adjusted to 6.8% growth instead of the previous projection of 8%.

You Could Start Seeing ChatGPT Showing Up More in Your Workplace

ChatGPT Enterprise has seen a significant increase in demand with 600,000 sign-ups, up from 150,000 earlier this year.
OpenAI predicts 2024 to be the year of adoption for AI in the enterprise, driven by the success of ChatGPT in business settings.

AI investment still at planning stage through 2024: Gartner

Gartner predicts that the widespread adoption of AI in enterprise will not happen until 2024.
The forecast for worldwide IT spending in 2024 has been adjusted to 6.8% growth instead of the previous projection of 8%.
moreai-adoption

HPE says impact of AI on enterprise not 'overstated'

HPE is adopting an "AI native" strategy to remain relevant and support customers throughout the AI model lifecycle.
HPE's ownership of Cray allows it to provide the supercomputing technology needed for training large AI models, giving it an edge over rivals.

Why (and perhaps how) Apple Intelligence will make money

Trusted Cloud is crucial for enterprises due to concerns over data security and national boundaries.
Apple aims to offer fee-based access to its Private Cloud Compute servers for security-minded enterprises and developers.

Defensible Moats: Unlocking Enterprise Value with Large Language Models

Black swan events can disrupt supply chains, causing a shift from predictability to surprises.
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