Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

AiThority’s Weekly AI Update For the Week Ending October 04th: Trending AI Updates and Insights

Step into the exciting world of Artificial Intelligence  and new age technology with AiThority.com‘s latest weekly roundup! This week the stories that are making waves in the digital landscape—cover everything from revolutionary advancements in AI infrastructure to the latest trends in cloud computing and product development.

Explore the frontiers of AI technology, one headline at a time.

1.HP Launches Small Form Factor Desktop AI PC With Focus on Power and Security

HP has launched the Elite SFF 805 G9 Desktop PC, designed for enhanced productivity with Wi-Fi 7 for better connectivity and cloud-based AI applications like Windows Copilot. Equipped with an AMD Ryzen 8000 processor, RDNA graphics, and a neural processing unit (NPU), it balances workloads for AI tasks. Sehi Computer Products recommends this secure, easy-to-manage desktop for businesses needing powerful, AI-enabled devices. Sehi also offers services and support to help businesses maximize performance and security with HP Wolf Security. Visit buysehi.com to learn more.

2.Fujitsu Launches “Takane” – A LLM for Enterprises Offering the Highest Japanese Language Proficiency in the World

Fujitsu, in collaboration with Cohere, has launched Takane, a Japanese-language large language model (LLM) tailored for secure enterprise use. Integrated into Fujitsu’s AI service, Fujitsu Kozuchi, and available via the Fujitsu Data Intelligence PaaS, Takane is designed to address industry-specific needs with high accuracy. It achieved top results in the JGLUE benchmark and ensures compliance with regulations through advanced monitoring technology. Fujitsu aims to support business transformation by combining Takane with consulting services, helping companies leverage AI to enhance productivity, creativity, and innovation. Takane will be available globally starting September 30, 2024.

3. ABBYY Ascend Debuts to Highlight the Latest Innovations in Purpose-Built AI

ABBYY has announced a virtual event series, “ABBYY Ascend,” starting on October 30, focused on AI innovations to help global enterprises boost digital transformation. The event will showcase how businesses can leverage AI for automation to improve efficiency and ROI. Key ABBYY experts will provide insights on simplifying processes through intelligent automation. Attendees will access exclusive demos, resources, and deep-dive sessions. Future events will cover AI solutions for document and process challenges. ABBYY’s AI transforms data from critical documents into actionable outcomes, trusted by over 10,000 companies, including Fortune 500 businesses.

4.HPC-AI Tech Secures $50 Million in Series A Funding to Enhance Video Generation AI and GPU Platforms

HPC-AI Tech, an AI startup specializing in AI software infrastructure and video generation, has secured $50 million in Series A funding from investors like Singtel Innov8 and Sinovation Ventures. Founded by Yang You, the company is known for its popular open-source projects, Colossal-AI and Open-Sora, which help scale AI workloads and simplify video creation. HPC-AI Tech also offers commercial platforms for AI model management and video production. With 50 key clients, including AWS and Intel, the new funding will fuel the company’s expansion, aiming to grow its client base to 300 within three years.

5. DigitalOcean Simplifies AI Infrastructure Deployment with New Flexible GPU Droplets, Powered by NVIDIA H100

DigitalOcean Holdings has launched GPU Droplets, a pay-as-you-go AI infrastructure, enabling developers to easily run AI experiments and train models without upfront costs. Powered by NVIDIA H100 GPUs, these virtualized servers offer scalable, high-performance solutions for AI/ML projects. The new offerings include Kubernetes support and multi-node configurations, making AI development more accessible for startups and businesses. DigitalOcean aims to simplify the process, allowing users to set up GPUs with a few clicks or API calls. The company plans further innovations, including a generative AI platform, to streamline AI application development for broader audiences.

6. HCLTech Study: Emerging Tech and Security Shaping Cloud Strategies for GenAI

HCLTech’s report, *Cloud Evolution: Mandate to Modernize*, highlights key trends in cloud strategies. 87% of enterprises now use multiple cloud providers, with hybrid environments remaining critical for 81% due to security and regulatory needs. Modernizing applications during cloud migration is a top priority, with 73% refactoring apps for cloud-native benefits. Generative AI (GenAI) is driving cloud adoption, with 98% of enterprises exploring custom GenAI solutions. The report also emphasizes the value of third-party consultants, with 83% of enterprises reporting improved IT performance through expert guidance. HCLTech’s CloudSMART strategy supports ongoing cloud transformation.

7.Oracle to Invest More Than US$6.5 Billion in AI and Cloud Computing in Malaysia

Oracle plans to invest over $6.5 billion to open a new cloud region in Malaysia, offering more than 150 infrastructure and SaaS services. This expansion will enable local organizations to modernize applications, migrate workloads to the cloud, and leverage AI capabilities. The new region will provide access to advanced AI tools, including the OCI Supercluster and Generative AI Agents, enhancing Malaysia’s position as a digital investment hub. The initiative supports Malaysia’s goal of creating smart factories by 2030 and meets the growing demand for AI and cloud services, boosting competitiveness for businesses, especially small and medium-sized enterprises.

Weekly Expert Perspectives on Emerging AI Trends

AiThority Interview with Jie Yang, Co-founder and CTO of Cybever

Dive In!

In a recent Q&A, Jie Yang, co-founder and CTO of Cybever, discussed how his background in machine learning and decentralized systems shaped Cybever’s AI-driven 3D world creation platform. He emphasized that AI simplifies complex tasks like asset placement and layout design, making 3D creation accessible to non-technical users. Cloud computing enhances scalability and efficiency by enabling real-time collaboration and eliminating costly hardware upgrades. Cybever’s AI models streamline creative processes, from asset retrieval to intelligent layout generation. Yang also addressed challenges like job security concerns for creators, highlighting Cybever’s commitment to ethical AI use and fair compensation for original artists.

AiThority Interview with Inbal Shani, CPO of Twilio

In a recent Q&A, Inbal Shani, CPO of Twilio, discussed her journey as a tech leader and the influence of LLMs and AI on product development. With a background at GitHub, AWS, and Microsoft, Shani emphasized the importance of LLMs in making AI accessible for productivity. At Twilio, she focuses on enhancing the developer experience (DevEx) through customer engagement and systems thinking, employing strategies like automation and feedback loops. She highlighted the impact of Twilio Flex on customer engagement, stressing the need for personalized, contextual communication. Shani identified emerging trends in AI, including the rise of systems thinking among developers and the importance of trust and transparency in AI interactions. She also addressed challenges in driving innovation, emphasizing the need for simplification in a complex digital landscape and the responsible adoption of AI to enhance customer experiences.

Must-Read Recommendations

Needed Now: AI and Automation Superstars

Must-catch Staff Article

In the past decade, the global robotic process automation (RPA) market has surged from around $250 million to $5.63 billion in 2023. Intelligent automation (IA) now plays a vital role in enhancing customer journeys and improving business efficiencies. Developers in this field are shifting from technical skills to business-focused roles, emphasizing process understanding over coding. Essential skills include knowledge of software development life cycles, basic scripting, database management, and web technologies. Future RPA developers will need persistence, strong communication, and business acumen. Academia is evolving to prepare graduates for these roles, blending industry knowledge with process optimization skills.

The Ethical and Privacy Challenges of Using AI Chatbots in Business

AI chatbots have become crucial for businesses seeking to improve operations and customer interactions. In 2023, the AI market was expected to grow by over $994 million, with chatbots saving around $11 billion. However, their adoption raises ethical and privacy issues. Balancing user experience with data privacy is vital as reliance on chatbots increases. While they enhance customer engagement and efficiency, concerns about data misuse, bias, and job displacement persist. Businesses must ensure transparency, protect user data, and maintain human oversight to responsibly integrate chatbots while maximizing their benefits in service and support.

Using Generative AI for Decision Intelligence With Pyramid Analytics

About ten years ago, “self-service business intelligence” (SSBI) aimed to make data-driven decision-making easier for users. However, it failed because users still needed help from data scientists to set up data exploration. With generative AI (GenBI), businesses can now use conversational tools to access decision intelligence more reliably. Pyramid Analytics uses large language models (LLMs) to help users ask questions and retrieve relevant data securely. GenBI also allows users to switch between different LLMs for tailored analysis. Ultimately, Perez envisions integrated decision intelligence in various software, reducing friction and enhancing user experience in data analysis.

This Week’s Insightful AI Quote

“AI is an incredibly powerful tool that will accelerate innovation across these industries, but it’s not a replacement for human ingenuity. “-Inbal Shani, CPO of Twilio

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

More Insights from our AI Inspired Series by AiThority.com: Featuring Sarah Wieskus, Intel’s GM Commercial Client Sales

 

Comments are closed.