Nvidia, the technology company founded in 1993 by three engineers at a Denny’s in San Jose, has become a key player in the rise of artificial intelligence. The company’s value has skyrocketed to over $3.2 billion, making it a leader in the chipmaking industry. CEO Jensen Huang predicts a new era of AI factories powered … Read more
In 1993, three engineers met at a Denny’s in San José and discussed building a computer chip for faster graphics in video games, leading to the founding of Nvidia. The company has since become a dominant player in the technology industry, with a current valuation of over $3.2 billion. Nvidia’s CEO, Jensen Huang, views artificial … Read more
IBM’s research and development unit has released a blog discussing Domain-Specific Generative AI (gen AI) for Industry 4.0, focusing on a community-driven approach to developing language models. They have introduced a new technique called LAB for training enterprise-oriented large language models (LLMs) using taxonomy-driven synthetic data generation and have launched the open source project InstructLab … Read more
The global Artificial Intelligence (AI) market is projected to experience significant growth, with a CAGR of 35.7% from 2024 to 2030, reaching $1,339.1 billion. This growth is driven by factors such as the increasing deployment of autonomous AI, improvements in computing infrastructure and data availability, and advancements in deep learning and machine learning. Companies like … Read more
Dell Technologies recently teamed up with Nvidia to establish an AI factory for xAI, Elon Musk’s AI company. Musk also hinted at exploring Super Micro Computer server solutions with xAI. Investment experts Brad Smith and Madison Mills analyzed this collaboration, which was seen as a positive move for Dell, causing a rise in the company’s … Read more
The cryptocurrency market has experienced a notable surge in AI-related tokens following Nvidia’s recent achievement of becoming the world’s most valuable company. Fetch.ai (FET) led the way with a 25% increase in value, joined by tokens like Bittensor (TAO), Represent (RNDR), NEAR Protocol (NEAR), and Internet Computer (ICP) all seeing gains as well. Investor enthusiasm … Read more
recently, Oracle has seen a resurgence in popularity within the tech industry due to its focus on artificial intelligence. Developers are increasingly utilizing Oracle’s cloud computing facilities for training AI tools, leading to a surge in the company’s stock price to an all-time high of $144.64. Despite not reporting any specific results, Oracle’s stock rose … Read more
Major technology companies have reported strong quarterly results due to the widespread adoption of AI-driven technologies, with Microsoft and IBM leading the charge in this sector. Microsoft saw significant revenue growth in its cloud-based services, driven by the integration of AI capabilities, resulting in double-digit increases across various business segments. The company’s strategic focus on … Read more
In a recent interview with Nutanix’s Lee Caswell, the SVP of Product and Solutions Marketing, he discussed the progress of server SAN, hyperconverged infrastructure vendor consolidation, VMware and Dell HCI positioning, and the company’s AI intentions. Caswell explained that while HCI (server SAN) has not completely replaced external SAN and file and object storage, all-flash … Read more
The AI market has been booming recently, with companies like NVIDIA and Amazon seeing significant stock growth due to their advancements in AI technology. NVIDIA has a strong position in AI GPUs and continues to innovate in the field, while Amazon leads in cloud services with AWS. Both companies are expected to continue growing and … Read more