Solutions Review Editor-in-Chief Tim King has compiled a list of notable artificial intelligence news for the week of May 24, 2024.
Staying up to date on all the most relevant artificial intelligence news can be a time-consuming task, which is why our editorial team aims to provide you with a summary of the top news in the space from the last week. Solution Review editors curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy artificial intelligence news items.
Artificial Intelligence News for the week of May 242024
Agnostiq Launches AI Model Training and Services
Covalent gives users a blank canvas to create the AI applications they envision, and makes AI productization accessible to startups and enterprises, enabling users to transform concepts into shippable products and dramatically reduce time to market.
read more
Amazon teams up with Hugging Face
Hugging Face has become a central hub for AI researchers and developers to share chatbots and other AI software, and is backed by the likes of Amazon, Alphabet's Google and Nvidia. It's also the main place developers go to get and tweak open-source AI models such as Meta Platforms' Llama 3.
read more
Dell Announces AI Factory, Expanded Partnership with NVIDIA and More
These include new flash storage systems tuned for AI workloads, a parallel file system integrated into PowerScale storage servers, and a set of network appliances that deliver faster throughput and lower latency.
read more
Cognigy Releases Advanced AI Agent for Sales and Marketing
Cognigy's AI agents are designed to revolutionize customer engagement through proactive personalization and intelligent interactions that not only anticipate customer needs but also drive significant sales growth.
read more
H (formerly Holistic AI) secures $220 million in funding
The company is working towards achieving “full AGI,” a level of artificial intelligence (AI) that matches or exceeds human capabilities. Amazon and Samsung participated in the funding round.
read more
IBM Releases IBM Granite Model Family as Open Source
Available under the Apache 2.0 license on Hugging Face and GitHub, the open-source Granite model stands out for its development process, quality, transparency, and efficiency. Granite code models range from 3B to 34B parameters and come in both basic and instruction-following variants.
read more
Informatica Unveils AI Product Innovations at Annual World Conference
System-level information or metadata remains siloed within application and department-level repositories. With CLAIRE GPT, Informatica uses the organization's metadata system of record to incorporate information about enterprise data assets and make the data accessible to users.
read more
John Snow Labs Achieves Medical LLM Accuracy Standards
The combination of nine benchmarks will enable AI models to answer thousands of medical licensing exam questions (MedQA), biomedical research questions (PubMedQA), and college-level exams in anatomy, genetics, biology, and medicine (MMLU).
read more
JPMorgan to provide AI training to all new hires
According to the letter, the bank has long used predictive AI and machine learning in areas such as marketing, fraud and risk, but is now exploring the use of generative AI in areas such as software engineering, customer service and operations.
read more
Microsoft Azure AI Studio is now available
Redmond is making OpenAI's latest multimodal model, GPT-4o, available in Azure Studio and as an API. The “o” in the model's name stands for “omni,” referring to its ability to accept different types of input (audio, text, visual material) and respond in any of those modes.
read more
Nutanix Announces New Features for GPT-in-a-Box
Additionally, the company announced the Nutanix AI Partner Program, which aims to bring together leading AI solutions and services partners to support customers who want to run, manage and secure generative AI (GenAI) applications on the Nutanix Cloud Platform and GPT-in-a-Box.
read more
NVIDIA Expands Developer-Centric Collaboration with Microsoft
Microsoft is expanding its Phi-3 open small language model family to include small (7 billion parameters) and medium (14 billion parameters) models similar to Phi-3-mini, which has 3.8 billion parameters.
read more
OneStream Launches New Purpose-Built AI Solution
OneStream's unified data model and ML and AI models built directly on its proprietary financial intelligence enable finance leaders to quickly identify trends and business drivers, and create forecasts with unmatched accuracy and speed from trusted enterprise data.
read more
OpenAI teams up with News Corp for content
The partnership comes a week after OpenAI announced a similar partnership with the Financial Times, which will use the paper's content to train its AI models. OpenAI also partnered with Reddit last week.
read more
Patronus AI Raises $17 Million in Venture Capital Funding
Patronus AI has developed an advanced platform that uses AI to automatically generate adversarial prompts that elicit unintended responses and help evaluate the reliability of large-scale language models. Additionally, the platform provides a prepackaged reliability assessment and includes a dashboard to visualize test results.
read more
New Predibase Fine-Tuning Index Ranks Open Source LLMs
This comprehensive resource, derived from over 700 fine-tuning experiments and designed to help enterprise AI teams select the best open source model for their specific application, reports the performance of 13 of the most popular open source LLMs across 31 different tasks compared to leading commercial LLMs.
read more
Survey finds half of organizations are using AI for database management
A staggering 88% of organizations currently host some or most of their databases in the cloud, and more than half (55%) are actively using or considering using AI for database management.
read more
Red Hat Announces Enterprise Linux AI
The solution is packaged as a bootable RHEL image optimized for hybrid cloud server deployments and as part of OpenShift AI, Red Hat's hybrid MLOps platform for scaling models and InstructLab across distributed cluster environments.
read more
Salesforce and IBM Team Up to Integrate Watsonx AI and Data Platform
The collaboration between the two tech giants focuses on two-way data integration, flexibility of large language models (LLMs), pre-built actions for CRM solutions, and a commitment to responsible AI development.
read more
Scale AI Raises $1 Billion in New Venture Capital Funding
Scale AI's new funding round marks the second $1 billion raised by the US-based AI startup this month. Scale AI plays a key role in creating large-scale language models and accurately labeling text, image, video, and audio data. The startup also creates and fine-tunes datasets.
read more
SolarWinds Launches New AI Service Management Tool
Powered by large-scale language models (LLMs) and proprietary algorithms, SolarWinds AI for Service Desk instantly summarizes complex ticket history, suggests responses for agents to inquiries, and generates recommended steps to resolve issues in real time.
read more
What the experts say section
Watch this space as each week our editors will share upcoming events, new thought leadership, and top resources. Insight JamSolution Review Enterprise Technology Community It's where the human conversation about AI is happening. Our goal is to provide advanced analysis and help you understand trends through expert advice, best practices, predictions, and vendor-neutral software assessment tools.
Solutions Review to Host Exclusive GenAI Roundtable with Databricks and ZoomInfo on May 29
At our next Expert Roundtable event, our Solution Review team will Partnering with Databricks and ZoomInfo Learn why bad data is a problem, how Databricks and ZoomInfo are helping companies build a unified data foundation that solves the problem of bad data, and how to leverage this foundation to easily scale and use GenAI's Data + AI.
Sign up for LinkedIn for free
Send your submission to our editors for consideration in our upcoming AI news roundup: email address.
The widget is not present in the sidebar
