GenAI

Oracle introduces HeatWave GenAI to reduce AI expenses for businesses

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Oracle introduces HeatWave GenAI to reduce AI expenses for businesses

Oracle, a prominent American cloud company, has introduced new large language models (LLMs) in databases, known as HeatWave GenAI. This innovation empowers enterprise clients to leverage powerful GenAI within their databases, even without specialized AI expertise. The GenAI features include an automated vector warehouse within the database, enabling customers to develop GenAI applications seamlessly without … Read more

AWS Supports GenAI Innovation Through New $230 Million Investment in Startups

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AWS Supports GenAI Innovation Through New 0 Million Investment in Startups

The global industry surrounding GenAI is rapidly growing and is forecasted to become a $1.3 trillion market by 2032. With this growth, numerous new companies are entering the market to compete for a share of the profits. While traditional financing methods are still prevalent, more targeted funding options are gaining popularity. AWS recently announced a … Read more

Oracle Introduces new In-Database Large Language Models and Automated Vector Store with HeatWave GenAI

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Oracle Introduces new In-Database Large Language Models and Automated Vector Store with HeatWave GenAI

Oracle has launched HeatWave GenAI, featuring in-database large language models (LLMs) and an automated vector store, making it easier for customers to build generative AI applications without AI expertise or additional costs. This new offering is available in all Oracle Cloud regions and simplifies the creation of a vector store for enterprise content with a … Read more

Goldman: Microsoft’s Gen-AI CapEx efficiency outpacing Azure build out

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Goldman: Microsoft’s Gen-AI CapEx efficiency outpacing Azure build out

Goldman Sachs recently reiterated its Buy rating on Microsoft, setting a price target of $515 in a note this week. The investment bank pointed to the strong returns from Microsoft’s investments in generative AI (Gen-AI). Although some investors have raised concerns about the return on investment for Gen-AI, Goldman Sachs drew parallels with Microsoft’s successful … Read more

Goldman reports Microsoft’s Gen-AI CapEx efficiency surpassing Azure build out efficiency

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Goldman: Microsoft’s Gen-AI CapEx efficiency outpacing Azure build out

Goldman Sachs reaffirmed its positive outlook on Microsoft, setting a target price of $515 in a recent report. The focus was on the company’s investments in generative AI (Gen-AI). Despite concerns about the return on investment, the analysts drew comparisons to Microsoft’s successful development of Azure cloud computing. The report highlighted similarities in the CapEx … Read more

Goldman Report Shows Microsoft’s Gen-AI CapEx Efficiency Outpacing Azure Expansion on StreetInsider.com

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Microsoft’s Generation AI technology, known as Gen-AI, has proven to be significantly more cost-efficient in terms of capital expenditures (CapEx) when compared to constructing and building Azure, according to a recent report by Goldman StreetInsider.com. The report highlights the financial benefits of utilizing Gen-AI technology, which has shown to be more cost-effective in terms of … Read more

Kyndryl’s GenAI for Assessing Consumer Goods and Retail

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Kyndryl’s GenAI for Assessing Consumer Goods and Retail

Kyndryl, an AWS Premier Tier Services Partner, has entered into a multi-year strategic collaboration agreement with AWS to enhance customer adoption of generative AI solutions. Together, they have established the Kyndryl and the AWS Innovation Factory to co-create Generative AI and machine learning solutions tailored for industry-specific applications in sectors such as consumer goods, retail, … Read more

SAP and AWS Collaboration Boosts GenAI Innovation and Cloud ERP Performance

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SAP and AWS Collaboration Boosts GenAI Innovation and Cloud ERP Performance

AWS and SAP are expanding their collaboration to maximize the benefits of UPLOAD with SAP, the cloud ERP solution powered by AI on AWS cloud services. This partnership focuses on easy adoption of RISE with SAP on AWS, improved performance of SAP cloud workloads, and integrated GenAI capabilities. SAP customers can now access powerful large … Read more

Cisco leverages genAI technology to enhance operational efficiency – The Times of India

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Cisco, a leading technology company, has recently announced that they are utilizing artificial intelligence to enhance their operations. Specifically, they are utilizing a platform called genAI to improve efficiency within the company. This development was reported by The Times of India, a reputable news source. By incorporating genAI into their operations, Cisco aims to streamline … Read more

HPE Demonstrates the Future of Presentations and Private Cloud with GenAI

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HPE Demonstrates the Future of Presentations and Private Cloud with GenAI

Hewlett Packard Enterprise (HPE) successfully held a keynote at the Sphere in Las Vegas, showcasing the future of large event keynotes. CEO Antonio Neri delivered a compelling presentation, utilizing innovative visuals in the dome-shaped venue. The event kickstarted HPE’s Discover conference, highlighting the company’s news and offerings. One significant topic discussed was the integration of … Read more