Here is AITech365’s Weekly Roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Analytics news this week…
Pryon Unveils ETL Ingestion Engine to Unlock Value of Unstructured Data for Enterprise AI
Pryon announced the launch of its Pryon Ingestion Engine and associated SDK, an Extract, Transform, and Load (ETL) solution designed to unlock business value from unstructured data. Leveraging Pryon’s powerful, proprietary document processing models and pipelines, the new solution converts unstructured data—from various document types and formats—into machine-readable data, ensuring accuracy and usability for AI applications.
In Cybersecurity news this week…
McAfee Corp., a global leader in online protection, announced the extension of its ten-year partnership with Samsung, enabling enhanced protection for online threats to consumers’ privacy, identity and personal information.
In IT and DevOps news this week…
Groq Supercharges Fast AI Inference for Meta Llama 3.1
Groq, a leader in fast AI inference, launched Llama 3.1 models powered by its LPU™ AI inference technology. Groq is proud to partner with Meta on this key industry launch, and run the latest Llama 3.1 models, including 405B Instruct, 70B Instruct, and 8B Instruct, at Groq speed. The three models are available on GroqCloud Dev Console, a community of over 300K developers already building on Groq® systems, and on GroqChat for the general public.
In Computing news this week…
Lambda, the GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, has unveiled Lambda 1-Click Clusters, providing AI engineers and researchers short-term access to multi-node GPU clusters in the cloud for large-scale AI model training. The launch marks the first time such access to NVIDIA H100 Tensor Core GPUs on 2 to 64 nodes has been made available on demand and through a self-serve cloud service, without requiring expensive long-term contracts.
In Robotic Process Automation news this week…
Roboyo Welcomes Vikas Kumar as Global Chief Revenue Officer
Roboyo, the world’s leading Hyperautomation professional services company, is pleased to announce the appointment of Vikas Kumar as its new Global Chief Revenue Officer (CRO) to spearhead worldwide growth initiatives. Based in New York, Vikas will lead the company’s global revenue strategies, focusing on expanding market reach and driving sustainable growth.
In Healthcare news this week…
John Snow Labs, the AI for healthcare company, announced the release of Automated Responsible AI Testing Capabilities in the Generative AI Lab. This is a first-of-its-kind no-code tool to test and evaluate the safety and efficacy of custom language models. It enables non-technical domain experts to define, run, and share test suites for AI model bias, fairness, robustness, and accuracy.
In Generative AI news this week…
Snowflake Teams Up with Meta to Host and Optimize New Flagship Model Family in Snowflake Cortex AI
Snowflake, the AI Data Cloud company, announced that it will host the Llama 3.1 collection of multilingual open source large language models (LLMs) in Snowflake Cortex AI for enterprises to easily harness and build powerful AI applications at scale. This offering includes Meta’s largest and most powerful open source LLM, Llama 3.1 405B, with Snowflake developing and open sourcing the inference system stack to enable real-time, high-throughput inference and further democratize powerful natural language processing and generation applications.
In Machine Learning news this week…
NVIDIA AI Foundry Builds Custom Llama 3.1 Generative AI Models for the World’s Enterprises
NVIDIA announced a new NVIDIA AI Foundry service and NVIDIA NIM™ inference microservices to supercharge generative AI for the world’s enterprises with the Llama 3.1 collection of openly available models, also introduced.
Insight of the Week
An Overview of AI in Ecommerce
B2B and B2C businesses are seeking opportunities to embrace more digital channels to increase their brand awareness and sales conversion. According to a Salesforce titled State of Commerce Report, B2B buyers are increasingly adopting digital channels to complete their purchases. The report highlights that nearly 31% of enterprise sellers state that adopting online channels offers more than half of all the revenue generated.