NeuReality’s New Performance Results Pave the Way to Solve the World’s Growing AI Energy and Cost Crisis

NeuReality, a leader in AI technology, has announced remarkable performance results from its commercially available NR1-S™ AI Inference Appliance, which significantly cuts costs and energy use in AI data centers, offering a much-needed solution to the growing concerns over AI’s high expenses and energy consumption.

Advocating Collaboration in Safe AI Management

In this contributed article, Rosanne Kincaid-Smith, Group COO at Northern Data, delves into the ethical considerations of ensuring AI safety and emphasizes the need for a collective approach to AI management – involving a mixture of technical and societal bodies who understand its far-reaching impact. The piece sheds light on the growing concerns surrounding the emergence of next-generation AI technologies and underscores the new collaborative efforts of the US and UK in addressing safety concerns linked to the integration of AI into business operations.

The insideAI News IMPACT 50 List for Q3 2024

The team here at insideAI News is deeply entrenched in keeping the pulse of the big data ecosystem of companies from around the globe. We’re in close contact with the movers and shakers making waves in the technology areas of big data, data science, machine learning, AI and deep learning. Our in-box is filled each day with new announcements, commentaries, and insights about what’s driving the success of our industry so we’re in a unique position to publish our quarterly IMPACT 50 List.

Innovations in the Pure Storage Platform Help Customers Keep Pace with AI’s Rapid Evolution

Pure Storage® (NYSE:PSTG), the IT pioneer that delivers advanced data storage technologies and services, announced new capabilities in the Pure Storage platform that are changing the game for how IT and business leaders can radically improve their ability to deploy AI, improve cyber resilience, and modernize their applications.

AI-based Small Molecule Therapeutics Pioneer Athos Therapeutics Selects Vultr for Secure AI Training in the Cloud

Vultr, the large, privately-held cloud computing platform, today announced that Athos Therapeutics, Inc. (“Athos”), a clinical-stage biotechnology company, has chosen Vultr Cloud GPU to run its AI model training, tuning, and inference. Powered by NVIDIA HGX H100 systems and running on Dell Technologies’ PowerEdge XE9680 servers, Vultr now offers Athos the needed security and confidentiality for their intellectual property, omics data, and proprietary AI algorithms.

Shreds.AI Launches an AI Capable of Generating Complex Software

Shreds.AI, an AI capable of generating complex, business-grade software from simple descriptions in record time, today announced its formal beta launch. Shreds.AI slashes the time to market for software, along with team sizes and costs, by over 80% compared to traditional software development methods. It also solves the software obsolescence problem, increases software lifespan by more than 60% with automatic maintenance and makes it easy to switch software technology, for example, from PHP to Java, from C++ to JavaScript, etc.

New AI Data: 88% of SMBs Use AI and 40% Concerned about Security

Our friends over at Pax8, a leading cloud commerce marketplace, released a new global report in collaboration with Microsoft and Channelnomics on the AI buying trends of Small and Midsize Businesses (SMBs).  

New Global Survey Finds Enterprises Lack Direction and Training for Workers on the Use of GenAI Tools   

UiPath (NYSE: PATH), a leading enterprise automation and AI software company, published its annual Global Knowledge Worker Survey that uncovers how employees are using generative AI (GenAI), the shortcomings and risks of the technology, and the opportunity for combining GenAI with business automation. 

Brightwave Secures $6 Million Seed Round to Launch AI-Powered Financial Research Assistant

Brightwave, the AI-powered research assistant that generates insightful, trustworthy financial analysis on any subject, today announced $6 million in seed funding. The round was led by Decibel Partners, with backing from Point72 Ventures, Moonfire Ventures, and angel investors including executives from OpenAI, Databricks, Uber, and LinkedIn. Founded by engineers with deep knowledge in AI and finance infrastructure, co-founders Mike Conover and Brandon Kotara have over 20 years combined experience building AI and machine learning products

Lenovo Delivers Next Generation of Intel-Based Infrastructure Solutions to Simplify the AI Journey for Businesses of All Sizes

Lenovo announced the Lenovo ThinkSystem V4 portfolio of Intel-based solutions, powered by Intel® Xeon® 6 processors and designed to make AI accessible while flexibly matching the specific workloads needs of any business. The portfolio includes new AI-enabled solutions that ensure the right mix of AI is available to help customers seamlessly integrate AI into their workflows with new servers that are purpose-built and optimized to maximize performance and efficiency for targeted workloads. Additionally, new AI-powered Lenovo Systems Management solutions now use generative AI to automate and simplify deployment and configuration across increasingly distributed computing networks.