In today's rapidly advancing era of artificial intelligence (AI), major enterprises are working tirelessly to apply AI technology in production environments in hopes of achieving higher returns on investment. However, despite the availability of various advanced AI models in the market, teams still face numerous challenges during deployment. According to Peter Bendor-Samuel, the CEO of Everest Group, 90% of generative AI pilot projects will struggle to enter the production phase. Additionally, Gartner predicts that by 20

Nvidia has once again demonstrated its ambition in the field of artificial intelligence. The GPU giant has acquired the Seattle-based startup OctoAI for $250 million, marking Nvidia's fifth acquisition of 2024 and a strategic move to solidify its leadership in the AI infrastructure sector. Founded in 2019 and originating from the Apache TVM project at the University of Washington, OctoAI focuses on optimizing AI model performance. Under the leadership of CEO Luis Ceze, the company has successfully transformed AI...

NVIDIA has launched the NIM Blueprint to accelerate the development of generative AI agents and applications. Enterprises can download these blueprints for free to quickly customize agents for various business needs, including customer service, drug discovery, and document data extraction. The blueprints include example applications, reference code, customization documentation, and Helm charts for deployment, simplifying the custom agent building....

Enterprise AI company Glean is actively pursuing financing, with an expected valuation increase from $2.25 billion to $4.5 billion, aiming to raise $250 million led by renowned venture capital firm DST Global. Founded in 2019 by former Google search engineers, Glean focuses on developing AI solutions that enhance the efficiency of enterprise information processing and management, having already attracted interest from several major corporations. This funding round reflects investors' strong enthusiasm for rapidly growing AI startups.

Canadian AI startup Cohere and Japanese IT giant Fujitsu recently announced a strategic partnership to jointly develop a large-scale Japanese language model (LLM) named "Takane". This collaboration aims to provide powerful Japanese language model solutions for enterprises, enhancing the user experience for both customers and employees.Image source: Generated by AI, provided by Midjourney According to the statement, Fujitsu has made a "significant investment" in this partnership. Cohere will leve

1. Cohere collaborates with Accenture to provide advanced Command and Embed models along with leading RAG capabilities. 2. The partnership will customize generative AI solutions to enhance enterprise productivity and efficiency. 3. Early successful projects include the knowledge agent developed for Accenture's finance team. 4. Enterprises will be able to work with Cohere to build custom models, accelerating the implementation and scaling of enterprise AI applications.

1. Cohere collaborates with Accenture to provide advanced Command and Embed models along with leading RAG capabilities. 2. The partnership aims to deliver customized generative AI solutions to enhance enterprise productivity and efficiency. 3. Early successful projects include knowledge agents developed for Accenture's finance team. 4. Enterprises will have the opportunity to work with Cohere to build customized models, accelerating the implementation and scaling of enterprise AI applications.

["Relational databases will break free from SQL constraints and adopt more flexible databases.", "Vector databases will emerge in fields such as recommendation systems and image recognition due to their ability to handle high-dimensional data.", "Enterprises will begin leveraging unstructured data in data lakes to train multimodal models.", "Companies without data governance support will struggle when implementing AI.", "Knowledge graphs will help users eliminate data silos."]

Startup Cranium announced it has successfully raised $25 million, led by Telstra Ventures, bringing total funding to $32 million. Cranium offers customized software solutions to help enterprises assess AI security risks and compliance without disrupting workflows. The company's solutions include a private AI dashboard, AI connectors, and AI maturity scoring, aimed at ensuring the reliability and compliance of AI systems. Cranium plans to enhance its enterprise software platform to provide organizations with more secure and compliant solutions.

Infosys will expand its collaboration with Google Cloud to co-create a global generative AI lab. Infosys will train 20,000 practitioners to utilize Google Cloud's generative AI solutions. The partnership aims to build revolutionary AI platforms and industry solutions. Infosys is actively leveraging AI to provide business solutions for clients. The generative AI capabilities of Google Cloud, combined with the strengths of Infosys, can drive enterprise AI transformation.

🚀 The new enterprise AI platform increases GPU work efficiency by 4 times📈 Model training speed improved by 20 times, leveraging data virtualization platform and DORA architecture🔍 Utilizing hardware acceleration greatly enhances data transfer to GPU, significantly boosting performance

🚀 Now Assist Launch: ServiceNow has launched the Now Assist Enterprise AI Suite, aimed at enhancing productivity and experience in IT, customer service, human resources, and development. 🔧 Customized solutions covering four domains: Now Assist includes ITSM, CSM, HRSD, and development areas, providing automation and enhanced task support. 📈 Global GDP Boost: It is projected that generative AI will contribute nearly $7 trillion to global GDP in the next decade. 💡 Trend: Increasingly more

Cisco plans to acquire Splunk for $28 billion, becoming one of the largest software vendors in the world. The acquisition will strengthen enterprise security capabilities and promote threat prediction and prevention. Cisco's security cloud provides visibility into security data, assisting in data management and protection for enterprises. Generative AI technology is transforming the industry, creating new opportunities. The acquisition is expected to be completed in the third quarter of next year, pending regulatory approval.

HiddenLayer, based in Austin, Texas, has secured $50 million in Series A funding, led by Microsoft’s venture capital fund M12 and Moore Strategic Ventures. HiddenLayer's MLSec platform offers security defense tools for enterprise AI models. The company plans to expand its workforce and continue supporting digital transformation efforts. HiddenLayer is committed to ensuring the security of enterprise AI/ML models.

AI startup Writer has completed a $100 million Series B funding round, with a post-funding valuation exceeding $500 million. Writer provides its own large language model and knowledge graph to generate various professional content for enterprises. Writer's advantages lie in ensuring content quality, safety, and compliance with industry regulations.

The co-founder of AI21 Labs stated that they usually win in the competition with OpenAI for enterprise AI business. OpenAI's tools, such as ChatGPT, often do not perform stably enough to meet enterprise demands. AI21 Labs focuses on improving model stability and interpretability while providing custom language models.