AI & RoboticsNews

Why Microsoft’s new AI acquisition is a big deal

Join Transform 2021 this July 12-16. Register for the AI event of the year. Microsoft’s recent shopping spree reached a new climax this week with the announcement of its $19.7 billion acquisition of Nuance, a company that provides speech recognition and conversational AI services. Nuance is best known for its deep learning voice transcription service, which is very popular in the health care…
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AI & RoboticsNews

Device42 extends AIOps reach of IT infrastructure discovery tool

Join Transform 2021 this July 12-16. Register for the AI event of the year. Device42 today announced it has added support for additional platforms to an AIOps tool that enables organizations to discover IT resources residing in the cloud and in on-premises IT environments. As enterprise IT environments become more extended, platforms are being added in a way that is not always immediately…
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AI & RoboticsNews

Nvidia forms Inception VC Alliance to connect AI startups with venture capital

Nvidia has formed its Inception VC Alliance to connect AI startups with venture capital. The move will help connect more than 7,500 startups in the company’s Inception program for AI tech with venture capital firms. Jeff Herbst, vice president of business development and head of Inception at Nvidia, unveiled the alliance today at the AI Day for VCs event during Nvidia’s annual GTC 21…
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AI & RoboticsNews

SambaNova raises $676M to mass-produce AI training and inference chips

Join GamesBeat Summit 2021 this April 28-29. Register for a free or VIP pass today. SambaNova Systems, a startup developing chips for AI workloads, today announced it has raised $676 million, valuing the company at more than $5 billion post-money. SambaNova says it plans to expand its customer base — particularly in the datacenter market — as it becomes one of the most capitalized AI…
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