AI Newswire (Page 29)

Data centers and electricity generators confront energy use from GenAI, gender gap in GenAI adoption closing fast, and deployment of AI Agents is on the rise; GenAI tests the limits of smartphones, and consumers' fatigue drives aggregation in the streaming market NEW YORK, Nov. 19, 2024 /PRNewswire/ -- Key takeaways GenAI driving data center energy consumption surge: Electricity consumption by global data centers is forecasted to double to 4% by 2030 as GenAI consumption grows faster than other uses and applications. Women's adoption gap in GenAI usage closing quickly: By 2025, women's experimentation and usage of GenAI is projected to meet or exceed that of men, but tech companies still should work to improve trust, representation in training models, and diversity in the AI workforce.

NEW YORK & PARIS--( BUSINESS WIRE)--ChapsVision, a leader in AI-enriched data processing, has announced the acquisition of Sinequa, a global authority in AI-powered enterprise search and Retrieval-Augmented Generation (RAG). This strategic acquisition, paired with a new US$90 million (€85 million) investment led by Tikehau Capital, Qualium Investissement, Bpifrance, GENEO Capital, and Jolt Capital, accelerates ChapsVision’s growth, strengthens its global presence, and expands technology capability, particularly around AI.

With 1 00,000 NVIDIA GPUs, DDN's high-efficiency data platform enables Grok to push the limits of natural language processing and AI inference at an unprecedented scale. CHATSWORTH, Calif., Nov. 18, 2024 /PRNewswire/ -- DDN®, a leading force in AI data intelligence, proudly announces a collaboration with NVIDIA to drive xAI's Project Colossus in Memphis, Tennessee.

Company also announces certification of FlashBlade//S500 with NVIDIA DGX SuperPOD for the most demanding AI data center requirements SANTA CLARA, Calif., Nov. 18, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the expansion of its AI solutions with the new Pure Storage GenAI Pod, a full-stack solution providing turnkey designs built on the Pure Storage platform. Organizations can use the Pure Storage GenAI Pod to accelerate AI-powered innovation and reduce the time, cost, and specialty technical skills required to deploy generative AI (GenAI) projects.

DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ --Popcorn AI, the future of conversational commerce, today announced its $500,000 pre-seed funding round, with participation from Spring Studio's fund, backed by Salica Investments and Al Waha Fund of Funds, and strategic angel investors from across the Kingdom of Saudi Arabia. This investment marks a significant milestone in transforming how businesses connect, engage, and transact with their customers through AI-powered conversations.

Backed by True Ventures, Team-GPT enables teams to leverage AI in a collaborative workspace and propel internal use of AI in data-secure way. SOFIA, Bulgaria, Nov. 14, 2024 /PRNewswire/ -- Bulgarian startup Team-GPT has amassed a user base of 45,000+ for its AI-driven collaborative workspace for the enterprise.

Number one ranking reflects DXC's position as a trusted provider of insurance technology solutions to its clients across the globe ASHBURN, Va., Nov. 14, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been ranked the leading Life & Annuity (L&A) Insurance Technology Provider in a new report by global research and analyst firm Everest Group. In its inaugural annual report, "Leading 50 TM Life & Annuity (L&A) Insurance Technology Providers," Everest Group ranked companies based on revenues, geographical scope of client base, line of business coverage and value chain coverage.

Funding will enable SurePath AI to bring its solutions to a broader market and mitigate risks of GenAI use in the enterprise DENVER, Nov. 14, 2024 /PRNewswire/ -- SurePath AI, a leader in governing generative AI for the enterprise, today announced the successful closure of a $5.2 million seed funding round led by Uncork Capital with significant participation from Operator Collective, bringing the company's total funding to $6.3 million. SurePath AI's mission is to enable secure GenAI adoption by detecting usage, mitigating risks, and controlling AI access to enterprise data so that organizations can bolster innovation and productivity. "As GenAI adoption continues to surge across industries, businesses are challenged to balance the risks and benefits," said Casey Bleeker, CEO and Founder of SurePath AI. "Our company was built to solve this dilemma, and today, our platform enables the secure adoption of GenAI without hindering innovation.

Tech leaders are divided on whether AI investments should boost productivity, revenue, or worker satisfaction SAN FRANCISCO, Nov. 14, 2024 /PRNewswire/ -- New research from revenue intelligence leader Gong reveals widely varying viewpoints among CIOs and other tech leaders over how to evaluate the success of AI projects. Surveying over 500 CIOs and heads of IT across the UK and US, the findings illustrate the challenge many businesses face when it comes to strategically implementing AI and the uncertainty in measuring whether those AI investments are paying off.

SANTA CLARA, Calif., Nov. 13, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer delivering the world's most advanced data storage technologies and services, and CoreWeave, the AI Hyperscaler™, today announced Pure Storage's strategic investment in CoreWeave to accelerate AI cloud services innovation. Alongside the investment, the companies unveiled a strategic partnership, enabling customers to leverage the Pure Storage platform within CoreWeave Cloud.