On January 3, Intel announced its
latest ambitious plan to establish an
independent company dedicated to generative AI.
On January 3, Intel announced its
latest ambitious plan to establish an
independent company dedicated to generative AI.
Quartz reports that the new enterprise firm,
named Articul8 AI, will be formed in partnership with
digital-focused asset manager DigitalBridge Group.
Quartz reports that the new enterprise firm,
named Articul8 AI, will be formed in partnership with
digital-focused asset manager DigitalBridge Group.
The financial details of the arrangement have
not been disclosed, including the valuation of
the deal or Intel's stake in the resulting venture.
Articul8 AI will reportedly operate with
an independent board of directors,
with Intel participating as a shareholder.
Former Intel Vice President
Arun Subramaniyan was
named Articul8's new CEO.
.
We’ve been really trying to address
the biggest gap in generative AI
today, which is that building a proof
of concept is easy, but getting
things into production and doing
it safely and in a cost sustainable
way is really what is missing, Arun Subramaniyan, Former Intel vice president, via Reuters.
We’ve been really trying to address
the biggest gap in generative AI
today, which is that building a proof
of concept is easy, but getting
things into production and doing
it safely and in a cost sustainable
way is really what is missing, Arun Subramaniyan, Former Intel vice president, via Reuters.
Quartz reports that the news comes after the California-
based tech company announced plans to take on chip
maker Nvidia amid an escalating global chip market race.
Quartz reports that the news comes after the California-
based tech company announced plans to take on chip
maker Nvidia amid an escalating global chip market race.
Quartz reports that the news comes after the California-
based tech company announced plans to take on chip
maker Nvidia amid an escalating global chip market race.
The announcement of Articul8 makes Intel a
challenger to a range of companies that include
ChatGPT maker OpenAI, Google and Stability AI.
.
With its deep AI and high performance computing domain knowledge and enterprise-grade GenAI deployments, Articul8 is well positioned to deliver tangible business outcomes for Intel and our broader ecosystem of customers, Pat Gelsinger, Intel CEO, via Quartz.
Quartz reports that Articul8 is the product
of research on enterprise AI conducted by
Intel and Boston Consulting Group (BCG).
.
Intel says the Articul8 platform is currently ready for use
by enterprise customers in aerospace, financial services,
semiconductor production and telecommunications
Intel Reveals , New AI Chips.
On June 4, Intel announced its new
Xeon 6 processor, CNBC reports. .
The new AI chips will help to
provide better performance and more efficient power for data centers.
The announcement follows similar
launches from rivals Nvidia and AMD.
The announcement follows similar
launches from rivals Nvidia and AMD.
Intel launched its 5th Gen Intel Xeon processors just six months ago.
In April, the company
unveiled the Gaudi 3 processor.
Customers are looking for high
performance, cost-effective gen AI
training and inferencing solutions.
And they’ve started to turn
to alternatives like Gaudi. , Patrick Gelsinger, chief executive officer of Intel Corp., via statement.
They want choice. They want
open software and hardware
solutions and time to market
solutions at dramatically lower
TCOs [total cost of ownership], Patrick Gelsinger, chief executive officer of Intel Corp., via statement.
Intel plans "to continue to grow the AI PC category" with its Lunar Lake chips, which
are scheduled to ship in Q3 2024.
Intel, which recorded a $7 billion operating loss in 2023, is attempting to catch up to
its rivals amid the ongoing AI frenzy.
While Intel has been struggling, it differs from Nvidia and AMD because it manufactures chips in addition to designing them.
Additionally, Intel received $20 billion in funding from the CHIPS and Science Act
which could help the company to advance.
Additionally, Intel received $20 billion in funding from the CHIPS and Science Act
which could help the company to advance
Credit: Wibbitz Top Stories Duration: 01:31Published
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Microsoft Announces , New Surface PCs With AI Chips.
On May 20, Microsoft announced that it will be releasing a Surface Laptop and Surface Pro tablet with Qualcomm AI chips, CNBC reports. .
On May 20, Microsoft announced that it will be releasing a Surface Laptop and Surface Pro tablet with Qualcomm AI chips, CNBC reports. .
Qualcomm's Arm-based chips
deliver longer battery life.
Other computer makers such as Dell, HP, Acer and more are also debuting AI-ready PCs that will offer Microsoft's Copilot AI chatbot.
PCs equipped with AMD and Intel chips that adopt the Copilot+ standard will be released at a later date, Microsoft said. .
PCs equipped with AMD and Intel chips that adopt the Copilot+ standard will be released at a later date, Microsoft said. .
Copilot+ computers will begin at $999.
Pre-orders are currently being accepted. .
The devices will be available in June.
The new offering comes almost four
months after Microsoft CEO Satya Nadella said on an earnings call that "in 2024,
AI will become a first-class part of every PC." .
The new offering comes almost four
months after Microsoft CEO Satya Nadella said on an earnings call that "in 2024,
AI will become a first-class part of every PC." .
On May 20, Microsoft shares
closed at $425.34, up 1.2%.
Qualcomm increased 2%
to $197.76, a record close
Credit: Wibbitz Top Stories Duration: 01:30Published
Amazon Reaches $2 Trillion , in Stock Market Value.
On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. .
Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. .
Within the past year,
Amazon's stock has gained 52%.
Part of that gain can be attributed
to investors' enthusiasm about the
company's AI endeavors, NPR reports. .
A big part of the valuation boost has
been cloud and AI. Amazon is going to
be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR.
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon CEO Andy Jassy recently said that
AI has rejuvenated the growth of AWS.
The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue.
Amazon recently invested in Anthropic, a California
AI company, "to develop so-called foundation models
that underpin generative AI systems," NPR reports. .
Amazon also makes its own AI chips.
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia.
Credit: Wibbitz Top Stories Duration: 01:30Published
Nvidia Rides Wave of AI Interest , to Overcome Apple as the, Second-Most Valuable Company.
'The Independent' reports that Nvidia has overtaken
Apple as the world's second-most valuable company,
with an estimated value of over $3 trillion.
'The Independent' reports that Nvidia has overtaken
Apple as the world's second-most valuable company,
with an estimated value of over $3 trillion.
The chipmaker has seen share values skyrocket
amid speculation about artificial intelligence, which
is powered by chips like those produced by Nvidia.
The growing interest in AI has made Nvidia
the biggest company in Silicon Valley,
allowing it to unseat Apple. .
The growing interest in AI has made Nvidia
the biggest company in Silicon Valley,
allowing it to unseat Apple. .
Meanwhile, the iPhone maker has seen
its own value fall amid concerns such as
dwindling sales in the Chinese market.
Nvidia now has plans to split its stock
ten-for-one on June 7, a decision that has
the potential to attract more individual investors.
Nvidia is making money on AI
right now, and companies like Apple
and Meta are spending on AI, Jake Dollarhide, chief executive officer at
Longbow Asset Management, via 'The Guardian'.
It may be a foregone conclusion
that Nvidia will overtake Microsoft
as well. There’s a lot of retail money
that’s piling in on what they
see as a straight shot up, Jake Dollarhide, chief executive officer at
Longbow Asset Management, via 'The Guardian'.
So far in 2024, Nvidia has seen its stock surge 147%,
rallying nearly 30% since May alone when
the company released its latest revenue forecast.
On June 5, the chipmaker added almost
$150 billion in market capitalization,
which is more than AT&T's total value.
The same interest in AI also drove a general rally
for AI chip stocks, with PHLX chip index rising
4.5% and Super Micro Computer climbing 4%
Credit: Wibbitz Top Stories Duration: 01:30Published
Nvidia Looks to , Accelerate Production , With New Packaging Technology.
Yahoo Finance reports that Nvidia Corp has announced
plans to use Fan-Out Panel Level Packaging (FOPLP)
technology to package its GB200 AI server chips.
The change was reportedly made to address production constraints
on the currently used Chip on Wafer Substrate (CoWoS) packaging
used at the Taiwan Semiconductor Manufacturing Company.
The change was reportedly made to address production constraints
on the currently used Chip on Wafer Substrate (CoWoS) packaging
used at the Taiwan Semiconductor Manufacturing Company.
According to industry experts, FOPLP
could be a viable alternative to CoWoS
amid the increasing demand for AI chips. .
Analysts consider Nvidia the premier accelerated
compute and generative AI supplier, backed
by production plans with Blackwell Chip. .
Over the past year, stock in
Nvidia has gained over 184%. .
On May 29, shares in Nvidia were up
0.89% at $1,149.10 in premarket trading. .
Yahoo Finance reports that a growing
number of packaging companies are
getting ready to offer FOPLP services. .
Yole Group has predicted that
its market share will increase
from 2% in 2022 to 8% by the year 2028.
The gains are expected to primarily
be driven by higher yields and
increasing cost efficiency.
Experts point out that while FOPLPs could reduce cost
and expand capacity, they have weaker technical
specifications compared to the current CoWoS standard
Credit: Wibbitz Top Stories Duration: 01:31Published
Scientists Warn , Invasive Feral Pigs , Pose a Threat to the US.
'Quartz' reports that wild hogs
from Canada are on the verge
of invading the United States. .
According to recent research, invasive wild pigs
have a "high potential" of crossing the Canadian
border and establishing new populations.
With no natural predators in states like
North Dakota or Montana, the animals
are able to quickly increase in numbers. .
This rapid population growth can cause voracious
consumption of native vegetation, small wildlife
and farmed crops in the region.
Feral pigs are also known to carry a number
of potentially dangerous germs capable of
jumping to pets or even the occasional human.
'Quartz' reports that the feral pigs that have invaded
parts of the southern U.S. are typically a combination
of escaped domestic pigs and wild boars from Eurasia. .
In the 1980s and 90s, Canadian hunters
deliberately introduced wild boars to be
used as livestock and controlled game. .
Pigs that were released, or escaped, were able
to mate with domestic pigs, producing what
scientists often refer to as "super" pigs. .
These "super" swine are larger, hardier
and more resistant to the cold. .
We went from having a general
concern about pigs crossing the
U.S./Canada border to having very
detailed maps showing where they’re
most likely to move and establish
populations. This can be used
to target control efforts, Ryan Brook, study author and professor
at the University of Saskatchewan, to 'Quartz'
Credit: Wibbitz Top Stories Duration: 01:31Published
EU to Check Whether , Microsoft’s Investment in OpenAI , Falls Under Merger Rules.
On January 9, the European Union announced
an investigation to determine if Microsoft's
massive investment in..
Credit: Wibbitz Top Stories Duration: 01:31Published
Hello fellow Rumblers! I'm here in the virtual world of Second Life. Second Life is a 3D virtual world created by Linden Lab, a company founded in 1999 by Philip Rosedale. It is the largest..
Hello fellow Rumblers! I'm here in the virtual world of Second Life. Second Life is a 3D virtual world created by Linden Lab, a company founded in 1999 by Philip Rosedale. It is the largest..
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