AI & RoboticsNews

Microsoft weaves generative AI fabric for Moody’s

June 29, 2023
In the world of financial risk assessment, New York based Moody’s is a global powerhouse with a vast wealth of information. Now, thanks to a partnership with Microsoft announced today, Moody’s is bringing the power of generative AI to its enterprise. Moody’s is using the Microsoft Azure OpenAI service as the engine that helps to unlock research information and risk assessment capabilities.
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AI & RoboticsNews

Inflection AI sets off fireworks with $1.3B funding, highlighting surging interest in LLMs (and Nvidia H100s)

June 29, 2023
In a pre-July 4th weekend surprise, Inflection AI, the Palo Alto-based startup founded by Mustafa Suleyman, cofounder of DeepMind, and LinkedIn co-founder Reed Hoffman, announced that it has raised $1.3 billion in an eye-popping round that brings its valuation to $4 billion. Forbes reported that Microsoft and Nvidia led the round, along with Hoffman, Microsoft cofounder Bill Gates and former…
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AI & RoboticsNews

Sourcegraph unveils Cody 5.1, a free code AI tool that can write entire files and tests

June 29, 2023
Sourcegraph, a leader in universal code search and AI-assisted software engineering, announced the release of Cody version 5.1 today, a major upgrade to its AI coding assistant. The new version provides Cody with a broader view of code context across repositories and improved automation capabilities, allowing it to generate code, fix bugs and refactor projects with less human intervention. In an…
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AI & RoboticsNews

Oracle taps generative AI to streamline HR workflows

June 29, 2023
Oracle Corp. today announced new generative AI features for its Fusion Cloud Human Capital Management (HCM) offering, making it easier for enterprises to automate time-consuming HR workflows and drive productivity. Underpinned by Oracle Cloud Infrastructure (OCI), the new AI…
AI & RoboticsNews

AI is making smart manufacturing faster, greener, virtual — and more real

June 28, 2023
This article is part of a VB Lab Insights series on AI sponsored by Microsoft and Nvidia. Don’t miss additional articles in this series providing new insights, trends and analysis on how AI is transforming organizations and industries. Find them all here. BMW Group plans to open a new electric vehicle plant in Debrecen, Hungary, in 2025. By the time the factory goes online, the facility’s…
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