AI Newswire (Page 90)

Leader in Real-time AI Inference on Track to Deliver 50% of the World's Inference Compute Capacity via GroqCloud™ by End of 2025 MOUNTAIN VIEW, Calif., April 22, 2024 /PRNewswire/ -- Groq, the only provider of real-time AI inference solutions for generative AI (GenAI), has signed a Letter of Intent with Earth Wind & Power to develop the first European vertically-integrated AI Compute Center, located in Norway. The second deal of its kind from Groq in the last two months, the deployment of the Groq LPU™ Inference Engine in Norway will provide Norwegians, European and NATO-allied countries with the lowest cost, most energy-efficient, scalable access to inference compute – the specific type of compute needed as the world shifts from training to powering GenAI applications.

MUNICH, April 22, 2024 /PRNewswire/ -- TargetVideo, a leading video technology and advertising company, announces its newest AI technology integration, this time to streamline content categorization for digital video publishers. By using AI, TargetVideo now empowers its clients to automatically classify their video content into standardized categories defined by the Interactive Advertising Bureau (IAB).

Company extends AI leadership with BAM, Future and NAB Product of the Year wins TORONTO, April 22, 2024 /PRNewswire/ - Quickplay continued to lead the way in creating Generative AI products and benefits for the media industry at last week's NAB Show, sweeping top awards in three separate competitions and sharing details of product successes in thought leadership forums before and during the conference. During the five-day conference in Las Vegas, Quickplay's Curator Assistant and Media Companion captured top honors in the event's most prominent awards competitions, including: The BAM Award in the Consume category from IABM, the international trade association for broadcast and media technology; A Future Best of Show Award, presented by a leading global platform for media and entertainment content and technology news and insights; and An NAB Product of the Year award, recognizing Quickplay Media Companion as one of the most cutting-edge advancements and technologies shaping the future of content creation, distribution and monetization.

Vectra AI appoints Jeff Reed as Chief Product Officer to propel the company's impact on AI in cybersecurity SAN JOSE, Calif., April 22, 2024 /PRNewswire/ -- Vectra AI, Inc., the leader in hybrid attack detection, investigation, and response, today announced the appointment of Jeff Reed who has taken on the organization's newly created role of Chief Product Officer. This latest appointment comes at a time of heightened growth and momentum for the company, following the launch of the Vectra® AI platform last summer, and the launch this year of Vectra MXDR, the industry's first global, 24x7 open MXDR service built to defend against hybrid attacks. "Jeff brings diverse expertise and rich experience to our team at a time when AI is redefining how we detect threats and prioritize attacks," said Hitesh Sheth, President and CEO of Vectra AI. "I look forward to working closely with Jeff as we continue to set the new standard for threat detection and response while helping teams manage and reduce their growing workloads." Recognizing the heightened need to eliminate siloed threat detection in today's hybrid attack landscape, Vectra AI created the Chief Product Officer position to expand its comprehensive guidance and equip customers with the AI-driven solutions needed to protect against cyber attacks.

TORONTO, April 22, 2024 /CNW/ - Vayiz, an exciting new startup in innovative AI-driven medical imaging solutions, today announced the launch of its groundbreaking product, PTLC - Mark 1. This advanced medical diagnosis software utilizes state-of-the-art artificial intelligence to deliver highly accurate assessments of Pneumonia, Tuberculosis, and Lung Cancer, achieving an impressive diagnostic accuracy rate of up to 94.8%.

TORONTO, April 22, 2024 /PRNewswire/ - The explosion of Artificial Intelligence (AI) is expected to trigger a 10-year critical mineral supercycle, according to a new report. The Oregon Group predicts the massive energy needs of new AI data centers will increase pressure on mineral supply chains already under strain to meet global net-zero targets.

SANTA MONICA, Calif., April 22, 2024 /PRNewswire/ -- The strategic partnership between LootMogul and Bare Knuckle Fighting Championship (BKFC) heralds a new era in sports technology, combining the prowess of AI and Blockchain to redefine fan engagement and revenue generation within the combat sports industry. LootMogul's expertise in AI-driven digital assets merges seamlessly with BKFC's standing in combat sports, poised to revolutionize how fans interact with their passion and how revenue flows within the industry.

HANNOVER, Germany, April 22, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced AI advancements in its supply chain solutions that will unleash a transformative wave of productivity, efficiency and precision in manufacturing. AI-driven insights from real-time data will help companies use their own data to make better decisions across supply chains, streamline product development and improve manufacturing efficiency. "Businesses today are confronted with challenges ranging from supply chain disruptions and labor shortages to geopolitical uncertainties," said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product Engineering. "SAP recognizes the imperative for agility and intelligence, driving innovation with AI-powered solutions to streamline supply chain and manufacturing processes.

SINGAPORE, April 20, 2024 /PRNewswire/ -- Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) announces the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable.

Desenio has launched a groundbreaking AI art tool Customers can now create their own art with the help of AI Desenio is a global wall art and interior design e-commerce company based in Stockholm, Sweden STOCKHOLM, April 19, 2024 /PRNewswire/ -- Desenio has taken their passion for democratizing art to new heights by proudly launching their Imaginator AI creator, a groundbreaking AI art tool that empowers customers to dream up unique art for their walls. Desenio has always believed that art should be accessible to all.