Thursday, November 21, 2024

He cited a KPMG poll of business leaders, which found that about 50% of surveyed organizations planned to spend $100 million on AI initiatives over the next 12 months, and about 20% planned to spend at least $250 million. Â read more...

Microsoft Ignite 2024: AI, cloud, and more in Satya Nadella's keynote

This year's Microsoft Ignite highlighted how businesses and individuals can benefit from the tech giant's AI and cloud tech to gain efficiency and enable innovation. Following a strong focus on AI at Ignite 2023, this year's edition continues in a similar vein. Â read more...

Canada AI project hopes to help reverse mass insect extinction

Researchers in Canada are using artificial intelligence to monitor the ongoing mass extinction of insects, hoping to collect data that can help reverse species collapse and avert catastrophe for the planet. Researchers eventually hope to apply their modeling to identify new species in the deep sea a... Â read more...

Nvidia's revenue nearly doubles to $35.1 billion as AI demand surges

Nvidia shattered Wall Street predictions with record revenue fueled by soaring demand for its AI-powering semiconductors. The company's market value reached $3.579 trillion, driven by a 195% stock surge this year. Analysts predict continued growth, with revenue potentially quadrupling by 2025 as N... Â read more...

5G, next-generation 6G and Wi-Fi 7 to potentially bridge digital divide in India

To take advantage of the new opportunities offered by 6G and advancements in related industries such as Satellite, Computing, and AI (Artificial Intelligence), we must collectively focus on developing innovative value propositions, exploring new monetisation strategies, and addressing the critical n... Â read more...

Snowflake lifts product revenue forecast, enters AI deal with Anthropic

Snowflake raised its annual product revenue forecast and announced a partnership with AI firm Anthropic to enhance its cloud services, boosting its shares by 19% in extended trading. Through the collaboration, Snowflake customers can integrate Anthropic's advanced language models to develop AI appli... Â read more...

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