In the week of May 24, 2024, there were several key developments in the field of artificial intelligence. Agnostiq introduced a new AI model training and servicing platform, while Covalent unveiled a tool that allows users to create AI applications with ease. Amazon partnered with Hugging Face, a central hub for AI researchers to share software. Dell announced the launch of AI Factory and an expanded partnership with NVIDIA. Cognigy introduced advanced AI agents for sales and marketing, and H (formerly Holistic AI) secured $220 million in funding. IBM released the IBM Granite family of models in open source, while Informatica unveiled AI product innovations at its global conference. John Snow Labs achieved medical LLM accuracy benchmarks, and JP Morgan announced that all new employees will receive training in artificial intelligence.
Microsoft Azure AI Studio became available, offering access to OpenAI’s latest multimodal model GPT-4o. Nutanix announced new GPT-in-a-Box features and the Nutanix AI Partner Program. NVIDIA expanded its collaboration with Microsoft, and OneStream launched new purpose-built AI solutions. OpenAI partnered with News Corp on content, and Patronus AI secured $17 million in venture capital funding. Predibase introduced a new fine-tuning index for open source LLMs, and a study found that half of organizations use AI in database management. Red Hat announced Linux enterprise AI, and Salesforce partnered with IBM to integrate Watsonx data and AI platform. Scale AI raised $1 billion in new venture capital funding, and SolarWinds launched a new AI service management tool.
In addition to these developments, Solutions Review is set to host an exclusive GenAI roundtable with Databricks and ZoomInfo on May 29. This event will cover the importance of data quality, how Databricks and ZoomInfo help businesses build unified databases, and how data and AI can be leveraged for GenAI. To stay updated on future AI news roundups, readers can submit their ads to the editor at tking@solutionsreview.com. The goal of Solutions Review is to provide forward-thinking analysis, expert advice, and vendor-neutral software evaluation tools to help readers stay on trend in the ever-evolving field of artificial intelligence.
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