The cloud infrastructure market grew 21% in Q1, 2024 from Q1, 2023, mostly driven by the accelerated adoption of generative AI, which increases demand for computing power. The numbers are still far from previous growth, but the cloud market is poised to double in size in the next four years.
Head coach for the England Women's Cricket team Jon Lewis recently revealed his approach to using AI as a selection tool to provide feedback on tough decisions about squad make-up, team balance, and in-game match-ups.
NVIDIA recently announced the expanded integration of its healthcare and life sciences focuses NIM microservices. Simplified access to NIM will enable healthcare and life sciences companies already using AWS to deploy generative AI solutions faster, and developers to multimodal AI-based workflows.
The ChatRTX update adds new AI model support, including Google's Gemma and the bilingual ChatGLM3, enabling enhanced interaction with local documents. It also adds interaction with images via OpenAI's CLIP, and voice interaction through Whisper speech recognition.
Symbe has raised £1.2 million in a pre-seed funding round led by Concept Ventures, with participation from additional investors. Symbe's AI-powered platform automates the creation of business cases so sales teams can increase the number of deals they close.
Atlassian unveiled Rovo, an AI-powered product surfacing relevant insights across data sources to drive knowledge and action. Rovo leverages 20+ years of teamwork intelligence, and turns it into a solution integrating enterprise information, conversational AI, and virtual agents to empower teams.
AISAP raised $13M in seed funding from Harel Insurance Investments and Shoni Health to accelerate the development of its POCAD software platform. The software assigns an urgency score based on the conditions' severity and scan quality scores to provide enough context for non-specialist operators.
Yelp's Spring Product Release improves the services offered to consumer and business customers. The Yelp Assistant brings conversational AI to the platform, and the new Yelp Fusion AI API enables partners to integrate conversational AI experiences leveraging Yelp's data into their platforms.
Danti recently raised $5M in seed funding to accelerate the development of its AI-powered Earth Data Analyst. The company currently focuses on its government customers, such as the US Space Force, but is looking to expand into industries such as insurance and utilities.
Anthropic has announced a Team plan for enterprise Claude users, featuring increased usage, access to all Claude 3 models, and a large context window. The Team plan is $30 monthly per user, with a minimum of 5 users. In parallel, the company launched an iOS mobile app for all users.
The US Department of Commerce announced several actions to ensure the AI Executive Order is implemented, including four NIST draft publications on identifying, and mitigating risks associated with generative AI, a program for AI evaluation, and a request for comment on AI's impact on patentability.