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…
Seeq Announces Generative AI Capabilities with Seeq AI Assistant
Seeq, a leader in industrial analytics and AI, unveiled the Seeq AI Assistant, a generative AI resource embedded across its industrial analytics platform. The Seeq AI Assistant provides real-time assistance to users across the enterprise, empowering them to accelerate mastery of the Seeq platform, build advanced analytics, machine learning, and AI skills and knowledge, and accelerate insights to improve decision making in pursuit of operational excellence and sustainability.
In Cybersecurity news this week…
AgileBlue Automates SecOps and SOAR with Sapphire AI
AgileBlue, a leading global innovator in AI-powered cybersecurity solutions, announced the availability of Sapphire AI in its Cerulean XDR|SOAR platform. The advanced AI system reinforces the company’s commitment to customer excellence, serving as the first line of defense against a cyber-attack. With cyber threats evolving at an alarming rate, Sapphire AI streamlines SecOps and SOAR processes, effectively reducing the risk of cyber-attacks with rapid response capabilities and precise accuracy.
In IT and DevOps news this week…
Riverbed, the leader in unified observability, announced the industry’s most advanced AI-driven automated remediation, with the addition of customizable runbooks (Riverbed automation) and integrated sentiment analysis to Aternity’s Intelligent Service Desk. The customizable runbooks in Aternity enable more sophisticated remediations—replicating advanced investigations by correlating end-user impact and real-time granular performance data to identify incident root cause in order to tackle IT’s most challenging issues. The new Intelligent Service Desk capabilities also enable IT to understand end-user satisfaction through the integration of sentiment analysis across remediation workflows, from issue detection to resolution.
In Computing news this week…
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, has expanded its popular RZ Family of microprocessors (MPUs) with a new device targeting high-performance robotics applications.
In MarTech this week…
Enghouse launches its next-generation EnghouseAI suite
Enghouse Interactive, a unit of Enghouse Systems Limited and a leading provider of customer experience (CX) solutions, announces the launch of its artificial intelligence (AI) products from new generation. These advanced offerings are designed to strengthen contact center capabilities, improve agent productivity and provide unprecedented insights into customer interactions.
In Customer Experience news this week…
TaskUs Elevates the Customer Experience With the Launch of AssistAI, Powered by TaskGPT
TaskUs, Inc., a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, announced AssistAI, a new knowledge-based assistant built on the TaskGPT platform. Custom-trained on client knowledge bases, training materials, and historical customer interactions, AssistAI uses the information to provide accurate and personalized responses to teammate queries, saving them time to focus on more complex tasks and improving overall efficiency.
In Robotic Process Automation news this week…
Figure Raises $675M at $2.6B Valuation and Signs Collaboration Agreement with OpenAI
Figure, an AI robotics company developing general purpose humanoid robots, announced that it has raised $675M in Series B funding at a $2.6B valuation with investments from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. This investment will accelerate Figure’s timeline for humanoid commercial deployment.
In Natural Language Processing news this week…
H2O.ai Releases New Language Model H2O-Danube-1.8B for Mobile
H2O.ai, the open source leader in Generative AI and machine learning and maker behind Enterprise h2oGPTe, is announcing the release of H2O-Danube-1.8B – an open source natural language model with 1.8 billion parameters. Despite being trained on significantly less data than comparable models, benchmark results show H2O-Danube-1.8B achieves highly competitive performance across a wide range of natural language tasks.
In Cloud news this week…
Sridhar Ramaswamy Named Chief Executive Officer of Snowflake
Snowflake, the Data Cloud company, announced that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and member of the Board of Directors effective immediately. Mr. Ramaswamy previously held the position of Senior Vice President of AI at Snowflake.
In Healthcare news this week…
Eurofins Discovery, part of the Eurofins network of laboratories and an industry-leading provider of products and services for drug discovery research, announces the launch of DiscoveryAI SAFIRE (Suite of ADMET Predictions For In Silico Refinement and Evaluation). SAFIRE is an advanced platform that leverages proprietary datasets, artificial intelligence (AI), and machine learning (ML), offering a unique capability for expediting discovery. SAFIRE is now available for customer use through the Eurofins Discovery website.
In Generative AI news this week…
ServiceNow, Hugging Face, and NVIDIA, announced the release of StarCoder2, a family of open-access large language models (LLMs) for code generation that sets new standards for performance, transparency, and cost-effectiveness.
In Machine Learning news this week…
IBM announced the availability of the popular open-source Mixtral-8x7B large language model (LLM), developed by Mistral AI, on its watsonx AI and data platform, as it continues to expand capabilities to help clients innovate with IBM’s own foundation models and those from a range of open-source providers.
Insight of the Week
A Beginner’s Guide to Understanding Generative AI
Generative AI, powered by advanced algorithms and deep learning models, holds the potential to revolutionize industries and transform the way we interact with technology. From generating lifelike images and videos to creating unique pieces of art and even writing compelling stories, generative AI is pushing the boundaries of what is possible in the realm of artificial intelligence. Let’s understand everything about it.
