OpenText is enhancing its growing software portfolio with the integration of AI capabilities to help enterprises better utilize and benefit from data.
The company has been in the enterprise software business for decades and its portfolio has grown a whole lot bigger thanks to the $6 billion acquisition of Micro Focus that closed at the end of January. The Micro Focus portfolio has a long list of…
Genpact and Microsoft have announced a strategic collaboration that will grant Genpact’s global talent access to Microsoft’s Azure OpenAI Service. This partnership aims to unlock fresh possibilities in implementing generative AI capabilities and solutions for its joint…
Massachusetts-headquartered Dynatrace, which provides an observability layer to monitor and optimize application development, performance and security, today announced the expansion of its Davis AI engine with new generative AI capabilities.
The move, Dynatrace says…
Today AI company Cohere released Coral, a “knowledge assistant” designed specifically for enterprise business use. The company said Coral was specifically developed to help knowledge workers across industries receive responses to requests specific to their sectors, based on their proprietary company data.
Cohere, which offers developers and businesses access to natural language processing…
Online furniture retailer Wayfair today announced the launch of Decorify, a novel generative AI solution that reimagines the entire interior design process.
Available in a pilot program starting today, the offering allows users to envision their homes in different styles by…
Nvidia announces availability of DGX Cloud on Oracle Cloud Infrastructure for generative AI training
July 26, 2023
Nvidia announced today the wide accessibility of its cloud-based AI supercomputing service, DGX Cloud. This service will grant users access to thousands of virtual Nvidia GPUs on Oracle Cloud Infrastructure (OCI), along with infrastructure in the U.S. and U.K.
DGX Cloud was…
More than 70% of companies are experimenting with generative AI, but few are willing to commit more spending
July 26, 2023
More than half (54.6%) of organizations are experimenting with generative artificial intelligence (generative AI), while a few (18.2%) are already implementing it into their operations, but only a few (18.2%) expect to spend more on the technology in the year ahead. That’s according to the early results of a new survey of global executives in data, IT, AI, security and marketing, conducted by…
In an analyst note on Tuesday, the financial services arm of Swiss banking giant UBS raised its guidance for long-term AI end-demand forecast from 20% compound annual growth rate (CAGR) from 2020 to 2025 to 61% CAGR between 2022 to 2027.
“We don’t think AI is a bubble…
A coalition of a half-dozen open source AI stakeholders, — Hugging Face, GitHub, EleutherAI, Creative Commons, LAION and Open Future — are calling on EU policymakers to protect open source innovation as they finalize the EU AI Act, which will be the world’s first…
In the last six months, AI, specifically generative AI, has been thrust into the mainstream by OpenAI’s launch of ChatGPT and DALL-E to the general public. For the first time, anyone with an internet connection can interact with an AI that feels smart and useful — not just a cool prototype that’s interesting.
With this elevation of AI from sci-fi toy to real-life tool has come a mixture of…
