Eugen Boglaru 
Nvidia is set to acquire AI infrastructure orchestration and management platform Run:ai for around $700 million in the coming days, Calcalist has learned. Calcalist first revealed the negotiations between the companies last month. The companies did not respond to Calcalist’s request for comment. 1 View gallery Omri Geller (CEO) and Dr. Ronen Dar (CTO) ( …
Support independent journalism in Ukraine. Join us in this fight. Become a member Support us just once A massive and experimental artificial intelligence (AI) project developed by the U.S. military has had mixed results on the battlefields of Ukraine, as those behind it struggle to get “21st-century data into 19th-century trenches,” the New York Times …
The elevated interest in generative artificial intelligence (AI) has driven an impressive rally in several tech stocks. Advances in generative AI are expected to boost productivity and innovation across multiple sectors, including tech, healthcare, and vehicle automation. Given the robust growth opportunities, we used TipRanks’ Stock Comparison Tool to place Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA), and …
A French startup has raised a hefty seed investment to “rearchitect compute infrastructure” for developers wanting to build and train AI applications more efficiently. FlexAI, as the company is called, has been operating in stealth since October 2023, but the Paris-based company is formally launching Wednesday with €28.5 million ($30 million) in funding, while teasing …
Advancements in artificial intelligence (AI) may drastically improve the accuracy of weather predictions, potentially increasing profits for businesses that rely on forecasting. Google has introduced a new AI model capable of producing accurate, large-scale weather forecasts at a lower cost than traditional methods. Experts say AI models could streamline operations, cut costs and bolster decision-making across …
Investing.com– Hong Kong shares of SenseTime (HK:) rose sharply on Wednesday after the Chinese unicorn released an updated model of its in-house generative AI model SenseNova. SenseTime Group Inc (HK:) shares rose as much as 36%, and were trading up 28% at HK$0.73 by 22:25 ET (02:25 GMT). The gain dwarfed an over 1% rise …
The launch of Intel ‘s latest artificial intelligence chip is expected to benefit three global semiconductor companies, according to Morgan Stanley. Intel unveiled its third-generation AI accelerator, Gaudi 3 , earlier this month. The semiconductor giant said the latest chip is twice as power-efficient and can run AI models one-and-a-half times faster than Nvidia’s H100 GPU …
There was nothing electric about electric vehicle (EV) maker Tesla’s latest financial results. The company reported its first quarter 2024 earnings results Tuesday (April 23), disclosing a 55% drop in profits when compared to the same period last year. “We experienced numerous challenges in Q1, from the Red Sea conflict and the arson attack at Gigafactory …
Congress late Tuesday passed legislation to ban or force a sale of TikTok, delivering a historic rebuke of the video-sharing platform’s Chinese ownership after years of failed attempts to tackle the app’s alleged national security risks. The Senate approved the measure 79 to 18 as part of a sprawling package offering aid to Israel, Ukraine …
Recently Jon Stewart did a segment poking satire at the promises of AI highlighted by tech CEOs. I don’t think automating your toasters is the best way to show the potential of AI, as Jon did, but I do agree with the central premise of his argument that disruption caused by AI will be harnessed …