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More Than Two-thirds of Organizations Rank Data Security Risks as Their Top AI Concern
Apr 24, 2024
A new research study from BigID explores generative AI adoption, challenges, and outlook for organizations in 2024 NEW YORK, April 24, 2024 /PRNewswire/ -- BigID, the pioneer in AI-augmented data security, compliance, and privacy for modern cloud-first enterprises, today published "The 2024 Global Report on Generative AI: Breakthroughs & Barriers." This exclusive research, commissioned by BigID as an SAP Endorsed App partner, explores AI adoption trends, challenges, impact, and future plans of generative AI within organizations. As organizations embrace the transformative power of Generative AI, managing the data that fuels these models is paramount.
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DDN Selected by Jump Trading to Accelerate AI Quantitative Trading at Massive Scale
Apr 24, 2024
DDN's High-Performance Storage Solutions Enhance Jump Trading's Cutting-Edge AI and Machine Learning Capabilities for Competitive Advantage in Global Financial Markets CHATSWORTH, Calif., April 24, 2024 /PRNewswire/ -- DDN ®, the global leader in artificial intelligence (AI) and multi-cloud data management solutions, today announced that Jump Trading, a leading quantitative trading firm, has selected DDN to bolster its high-performance computing (HPC) infrastructure. By leveraging DDN's cutting-edge storage solutions, Jump Trading aims to accelerate its AI-driven quantitative trading strategies and maintain its competitive edge in the fast-paced world of global financial markets. "At Jump, we consider our research to be our competitive edge, and we believe that DDN's SSD QLC based storage system will support our research computing environment to ensure optimal performance, scalability and reliability," said Alex Davies, chief technology officer at Jump Trading. "We need resilient and very high-performance infrastructure to support our workflows, and DDN's solution is the right choice for our needs." Watch this video for a comprehensive discussion between Jump Trading and DDN. "Delivering significant value in data center and AI operations and ROI is at the core of DDN's technology and doing it for market leading global firms like Jump Trading is what we are all about," said Sven Oehme, chief technology officer at DDN. "DDN is an enabler of full-stack on-premise data center and cloud value creation for traditional and generative AI, whether it's in life science applications, autonomous driving, telcos, copilots, or in the case of Jump Trading, financial services." DDN's storage solutions are designed to handle the most demanding AI and machine learning workloads, delivering unmatched performance, scalability and efficiency.
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Aropha Raises $1M in Seed Funding to Revolutionize Biodegradable Material Testing with AI and Lab Automation
Apr 24, 2024
BEDFORD, Ohio, April 24, 2024 /PRNewswire/ -- Aropha, a leading laboratory focused on advancing biodegradable material discovery and testing through lab automation and AI predictive modeling, today announced that it has raised $1 million in a Series Seed funding round. The round was led by Comeback Capital, with participation from Lightbank and Right Side Capital Management (RSCM).
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Edge AI-Driven Vision Detection Solution Introduced at 500 Convenience Store Locations to Measure Advertising Effectiveness
Apr 24, 2024
ATSUGI, Japan, April 24, 2024 /PRNewswire/ -- Today, Sony Semiconductor Solutions Corporation (SSS) announced that it has introduced and begun operating an edge AI-driven vision detection solution at 500 convenience store locations in Japan to improve the benefits of in-store advertising. Sony announces deployment of #VisionAI-based #DigitalSignage solution with 7-Eleven stores and other retail outlets.
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Acclinate Empowers Black Maternal Health with AI-Powered Cultural Understanding
Apr 24, 2024
BIRMINGHAM, Ala., April 24, 2024 /PRNewswire/ -- Acclinate, a pioneer in health equity through technology and community engagement, has partnered with Quilt.AI, a company at the forefront of employing artificial intelligence (AI) to understand and interpret internet data at scale to intensify its Black maternal health initiatives.
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Of Consumers, 70% Are Excited about GenAI in the Workplace, but Only 43% Are Enthusiastic about Its Impact on Daily Life
Apr 24, 2024
New Research by BCG's Center for Customer Insight Reveals Insights from 21,000 Consumers Across 21 Countries on AI Awareness, Usage, and Sentiment Eighty Percent of Consumers Are Aware of GenAI, and of Those, Nearly One Fourth Have Used the Technology at Least Once Thirty-Two Percent of Consumers Under the Age of 35 Have Used GenAI Compared with 20% of Those 35 and Above Feelings about AI Are Polarized Across Surveyed Countries, with China, Indonesia, and Brazil Emerging as Hotbeds of Excitement, While Consumers in France, Australia, and the UK Exhibit the Most Concern BOSTON, April 24, 2024 /PRNewswire/ -- In a mere five days, ChatGPT amassed a million users, solidifying its status as a household name and highlighting a widespread public fascination with artificial intelligence. According to new research by Boston Consulting Group (BCG), consumers' knowledge and excitement about AI is surprisingly high.
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Industry News: Skymizer Spearheads Compiler-Centric AI Revolution with EdgeThought
Apr 24, 2024
TAIPEI, April 24, 2024 /PRNewswire/ -- Skymizer, renowned globally for its pioneering compiler technology, is steering a significant pivot toward the software and hardware co-designed AI system. The company has innovated a unique approach that integrates software-defined chip IP with a compiler-first philosophy, marking a paradigm shift in designing the future of AI system.
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NyquistAI - Advancing Beyond Data to AI Transformation for Life Sciences
Apr 24, 2024
PALO ALTO, Calif., April 24, 2024 /PRNewswire/ -- NyquistAI, formerly known as Nyquist Data, is making a strategic pivot that aligns with our evolution as a company and our commitment to the life sciences sector to help companies in life sciences embark on AI transformation within their organizations. In the past year, we took a significant step by transitioning our name to NyquistAI.
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Kansas Proving Grounds Partners with SkyScoutAI Innovations Inc. to Deploy AI-Powered Drones for Wildfire Solution at America's First Carbon Neutral Industrial Park
Apr 23, 2024
PARSONS, Kan., April 23, 2024 /PRNewswire/ -- The Kansas Proving Grounds at Great Plains Industrial Park, a leading facility for testing and innovation, is proud to announce its partnership with SkyscoutAI Innovations Inc., a pioneer in AI-powered wildfire detection and response using drones and satellites. This collaboration marks a significant step in the deployment of cutting-edge anti-wildfire drone technology at America's first carbon zero industrial park.
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University of Maryland's Smith School of Business Launches Center for Artificial Intelligence in Business
Apr 23, 2024
COLLEGE PARK, Md., April 23, 2024 /PRNewswire/ -- The University of Maryland's Robert H. Smith School of Business has launched the Center for Artificial Intelligence in Business to conduct research and outreach in order to realize the potential of AI through intentional design and governance frameworks centering on human judgment and creativity.