GenAI Investment to Grow 30%, with High Maturity Companies Projecting Three Times Higher ROI Over the Next Three Years than Low-Adoption Peers

GenAI investment is expected to grow 30%, with leaders from companies with high GenAI maturity anticipating their return on investment will be three-times higher over the next three years than that of companies with little or no adoption of the technology, according to a new report released by Boston Consulting Group (BCG).

In AI We Don’t Trust: Too Many Healthcare Insurers Base Decisions on Assumption Over Data, Report Reveals

The healthcare insurance sector in the US is struggling to make critical decisions due to a severe lack of accessibility, context and trust in their data. That is according to a new international study by ActiveOps, a leading provider of AI-powered decision intelligence for service operations.

NPUs are Emerging as the Main Rival to NVIDIA’s AI Dominance

Fueled by the rise of Generative AI, the semiconductor market has established itself as one of the most profitable industries globally − the sector is already worth over $600 billion, with this figure set to increase to $1 trillion by 2030. During this growth period, NVIDIA has achieved the status of undisputed leader, predominantly as a result of the superior performance of its graphics processing units (GPUs).

IOP Publishing Launches Series of Open Access Journals Dedicated to Machine Learning and AI for the Sciences 

IOP Publishing (IOPP) launched a series of open access journals dedicated to the application and development of machine learning (ML) and artificial intelligence (AI) for the sciences. The new multidisciplinary Machine Learning series will collectively cover applications of ML and AI across the physical sciences, engineering, biomedicine and health, and environmental and earth science. 

HPC News Bytes 20240715: AI Maturity ROI, OpenAI’s 5 Levels of AI, SoftBank Acquires Graphcore

Much has happened of late in the world of HPC-AI, here’s a quick (5:55) run through of the news, including: survey commissioned by Vultr points to AI maturity ROI, OpenAI proposes five levels of AI based on capability, SoftBank ….

Qlik Releases Qlik Talend Cloud, Providing Reliable AI Foundations for the Modern Enterprise

Qlik®, a global leader in data integration, analytics, and artificial intelligence (AI), announced the general availability of Qlik Talend Cloud, a comprehensive integrated solution designed to enhance data trust and accessibility for AI value creation at scale. Underpinned by trusted Qlik and Talend® technologies, trusted by some of the world’s largest brands, Qlik Talend Cloud is designed to facilitate responsible enterprise AI adoption. 

IT Pros Vote in Inaugural Brand Leader Survey Covering Enterprise Infrastructure for AI

IT Brand Pulse, a trusted source for research, data, and analysis about data center infrastructure, announced the results of the 2024 IT Brand Leader Survey covering Enterprise Infrastructure for AI. Generative AI is considered the biggest technology inflection point in human history with hundreds of billions of dollars already invested to create a new universe of hardware, software, systems, and services designed for enterprise AI.

Storj Acquires Leading AI Compute Provider, Valdi

Storj announced a new era in distributed cloud innovation with the acquisition of Valdi. Storj is a leader in distributed cloud object storage, disrupting the $100 billion cloud storage market, delivering up to 90% cost savings and 90% less carbon emissions for customers. Valdi is the leader in on-demand high performance cloud computing (GPUs) widely used for AI training and inference in data-intensive industries like technology, research and life-sciences.

Solo.io Announces Gloo AI Gateway to Address Growing Demand for AI-Driven Use Cases in Application Development 

Solo.io, a leading cloud-native application networking company, announced the release of Gloo AI Gateway, which is designed to meet the emerging use case of accelerating AI innovation.

The Tech Tracking 2024 Presidential Ad Campaigns

A new searchable database allows the public to examine groups running social media ads that mention U.S. presidential candidates, including secretly coordinated pages that are running identical videos or messages.  The project is supported by a grant and use of analytics software from Neo4j, a leading graph database and analytics company.