Artificial Intelligence News for the Week of October 18; Updates from Galileo, MIT, NVIDIA & More
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By
Tim King
, Executive Editor at Solutions Review - Mobile Device Management,
Solutions Review Executive Editor Tim King curated this list of notable artificial intelligence news for the week of October 18, 2024.
Keeping tabs on all the most relevant artificial intelligence news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy artificial intelligence news items.
For early access to all the expert insights published on Solutions Review, join Insight Jam, a community dedicated to enabling the human conversation on AI.
Artificial Intelligence News for the Week of October 18, 2024
Alteryx, Salesforce & Others Ask U.S. House to Draw Distinction Between AI Players
A group of AI integration industry leaders today submitted a joint letter to the US House of Representatives Artificial Intelligence Task Force calling upon them to redefine roles and responsibilities for AI actors across the value chain. The letter was submitted to the House of Representatives leadership by Alteryx, Salesforce, Twilio, Box, Kyndryl, and Peraton.
Casper Labs Releases the Report: The Essential Role of Governance in Mitigating AI Risk
This report, commissioned by Prove AI and conducted by Zogby Analytics, uncovers the top AI challenges cited by global executives, including data integrity, security, and compliance with emerging regulations. It highlights the growing need for strong AI governance to de-risk systems and ensure long-term ROI.
Cognizant Adds New AI Features to Neuro Platform
The Neuro AI platform helps organizations ideate, prototype and test generative AI applications without coding. Babak Hodjat, Cognizant’s CTO of AI, told VentureBeat the service used to be something Cognizant’s experts did for customers. However, Neuro AI will now be available for enterprises to use themselves.
Databricks Extends Partnership with AWS for GenAI
Databricks will leverage AWS Trainium chips as the preferred AI chip to power Mosaic AI model training and serving capabilities on AWS. Joint customers can leverage Mosaic AI to pretrain, fine-tune, augment and serve large language models (LLMs) on their private data, backed by the scale, performance and security of AWS. The expanded partnership will also include new integrations for Databricks on AWS Marketplace.
DataStax Announces AI Platform Built with NVIDIA AI
The DataStax AI Platform, built with NVIDIA AI gives enterprises a complete AI solution for all parts of the AI development and production lifecycle — from data ingestion and retrieval to application development to deployment and ongoing AI training.
Digitate Announces the General Availability of Ignio Flamingo
At the core of the Flamingo release are Digitate’s integrated unified observability offering, enhanced generative AI (GenAI)-powered AI Assist, the transformation to ticketless operations, and greater sustainability achievements. By combining real-time observability, AI-powered insights, and closed-loop automation, customers can proactively find and resolve issues across IT and business operations before they impact business resilience and user experience.
EyePop.ai Releases New Self-Serve AI Platform
By eliminating the manual process of identifying objects within videos and images, EyePop.ai allows users to train models to respond to a set of rules, auto-label uploaded data, recognize issues with packaging, add code to products, match stock-keeping units (SKUs), recognize 2-D body movement, and more.
Honeycomb Drops Telemetry Pipeline and New Log Analytics Tool
These updates empower organizations to transform how they understand their software systems, and bridges the gap between traditional monitoring and cutting-edge observability practices. Teams can develop greater effectiveness, proactivity, and resilience in managing complex systems.
Galileo Secures $45 Million in Series B Funding
The round includes existing investors, Battery Ventures, Walden Capital and Factory. Additionally, Andy Vitus, Partner at Scale Venture Partners, will join Galileo’s board. With this investment, Galileo will scale its go-to-market strategy, expand its product development efforts, and double down on AI evaluation research to help AI developers build trustworthy AI applications.
ISG Finds Firms are Embracing AI & Cloud for Application Development
A growing number of U.S. enterprises seek provider engagements that cover both applications and underlying IT infrastructure, such as servers, networks and cloud services, the report says. These deals ensure applications are optimized for performance, scalability and security, while also reducing costs and streamlining vendor management.
Lightmatter Raises $400 Million in Venture Capital Funding
Lightmatter’s Passage technology addresses this challenge by leveraging 3D-stacked photonics chips to move data. This breakthrough dramatically increases AI cluster bandwidth and performance, while reducing power consumption.
Liquid AI Set to Unveil First Products at MIT Next Week
More than 1,000 AI leaders, scientists, and executives will attend this highly anticipated event. Liquid AI’s LFMs promise to enhance the landscape of AI applications, providing powerful solutions for industries demanding increased quality, control, efficiency, and explainability in their AI systems.
MinIO Selected for Intel Tiber AI Cloud
Within the AI Cloud, users can access Intel hardware, including GPUs, CPUs and Gaudi accelerators, along with a range of solutions that drive business value. Now, with the integration of MinIO’s Enterprise Object Store, developers can more seamlessly scale AI workloads, enabling them to begin with a proof of concept and easily expand to using large-scale AI data infrastructure.
Nebius Drops New NVIDIA-Powered AI Cloud Platform
Built using the NVIDIA accelerated computing platform, the result is a truly AI-native cloud computing environment that supports highly intensive and distributed AI and ML workloads with the robustness, reliability and convenient user experience of a hyperscaler.
Predibase Unveils the Next Generation of Inference Stack
The Predibase Inference Engine, powered by innovations such as LoRA eXchange (LoRAX – 2.1k stars on GitHub), Turbo LoRA, and seamless GPU autoscaling, serves fine-tuned SLMs at speeds 3-4 times faster than traditional methods and confidently handles enterprise workloads of hundreds of requests per second.
Rocket Software Announces GenAI Enhancements for Hybrid Cloud
These enhancements harness GenAI and automation to streamline the modernization of the business applications and data upon which businesses run. The goal of the new capabilities is to improve organizational agility and decision-making by unlocking the value of these applications and data, bridging them into hybrid cloud strategies.
Snowflake & MIT Reveal How Data Strategy Fuels GenAI Innovation
The report surveyed more than 275 global business leaders, from a broad range of industries, about their hopes for gen AI. From that survey, it found 4 out of 5 businesses aren’t ready to capitalize on the technology’s benefits because of poor data foundations.
Supermicro Integrates NVIDIA BlueField-3 DPU to New Petascale JBOF Flash Storage
This JBOF (Just a Bunch of Flash) system utilizes up to four NVIDIA BlueField-3 data processing units (DPUs) in a 2U form factor to run software-defined storage workloads. Each BlueField-3 DPU features 400Gb Ethernet or InfiniBand networking and hardware acceleration for high computation storage and networking workloads such as encryption, compression and erasure coding, as well as AI storage expansion.
Treasure Data Releases New CDP-Native AI Framework
The AI Framework enables marketing and customer-centric teams to accelerate campaign ideation and activation with new AI applications from Treasure Data (AI Copilots and AI Email Studio) and build custom AI applications.
Expert Insights Section
Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community where the human conversation around AI is happening. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, predictions, and vendor-neutral software evaluation tools.
Episode 1 of the Digital Analyst with John Santaferraro, Featuring BARC CEO Shawn Rogers
Join John Santaferraro for his interview with Shawn Rogers, CEO of BARC USA, about the current state and future of artificial intelligence in business. They discuss the evolution of data analytics, the impact of generative AI, and how companies can leverage these technologies to achieve digital dominance.
SR Expert @ Insight Jam John Santaferraro: Unleashing the Power of Generative AI for Data and Analytics – Part 1
In the last year, Generative AI has created the wild, wild West for artificial intelligence. The tech world has gone from tacking “.ai” onto the end of their URL to the point where every vendor is now an AI company. The shift from a mobile-first to an AI-first approach was almost instantaneous, and whether we like it or not, we will all be changed by this latest invasion of AI.
Free Event on October 24 – Neudesic, Microsoft, Databricks & Expert Moderator Wayne Eckerson on Scaling AI with an Intelligent Data Platform
With the next Expert Roundtable event, the team at Solutions Review has partnered with Neudesic, Microsoft, Databricks, and Eckerson Group to hear from experts at Databricks, Microsoft, and Neudesic as they share practical learnings and best practices to ensure successful AI outcomes.
For consideration in future artificial intelligence news roundups, send your announcements to the editor: tking@solutionsreview.com.
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Tim King
Executive Editor
Tim is Solutions Review's Executive Editor and leads coverage on data management and analytics. A 2017 and 2018 Most Influential Business Journalist and 2021 "Who's Who" in Data Management, Tim is a recognized industry thought leader and changemaker. Story? Reach him via email at tking@solutionsreview dot com.
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