Databricks acquires LLM pioneer MosaicML for $1.3B

Databricks has announced its definitive agreement to acquire MosaicML, a pioneer in large language models (LLMs).

This strategic move aims to make generative AI accessible to organisations of all sizes, allowing them to develop, possess, and safeguard their own generative AI models using their own data. 

The acquisition, valued at ~$1.3 billion – inclusive of retention packages – showcases Databricks' commitment to democratising AI and reinforcing the...

28 June 2023 | Artificial Intelligence

SK Telecom outlines its plans with AI partners

SK Telecom (SKT) is taking significant steps to solidify its position in the global AI ecosystem. 

The company recently held a meeting at its Silicon Valley headquarters with CEOs from four new AI partners – CMES, MakinaRocks, Scatter Lab, and FriendliAI – to discuss business cooperation and forge a path towards leadership in the AI industry.

SKT has been actively promoting AI transformation through strategic partnerships and collaborations with various AI...

20 June 2023 | Applications

Mark Zuckerberg: AI will be built into all of Meta’s products

Meta CEO Mark Zuckerberg unveiled the extent of the company’s AI investments during an internal company meeting.

The meeting included discussions about new products, such as chatbots for Messenger and WhatsApp that can converse with different personas. Additionally, Meta announced new features for Instagram, including the ability to modify user photos via text prompts and create emoji stickers for messaging services.

These developments come at a crucial time for Meta,...

9 June 2023 | Applications

Steve Frederickson, Lucy.ai: How AI powers a next-gen ‘answer engine’

In an interview at AI & Big Data Expo with Steve Frederickson, Chief Product Officer at Lucy.ai, we gained valuable insights into how AI is powering a next-gen “answer engine” for enterprises.

Lucy is designed to unlock and harness the vast knowledge residing within a company's data repositories, regardless of format or source. From SharePoint and Google Drive to Dropbox and third-party tools, Lucy can seamlessly search and connect with all types of content, facilitating...

25 May 2023 | Applications

Meta’s open-source speech AI models support over 1,100 languages

Advancements in machine learning and speech recognition technology have made information more accessible to people, particularly those who rely on voice to access information. However, the lack of labelled data for numerous languages poses a significant challenge in developing high-quality machine-learning models.

In response to this problem, the Meta-led Massively Multilingual Speech (MMS) project has made remarkable strides in expanding language coverage and improving the...

23 May 2023 | Applications

SAP taps Microsoft’s generative AI technologies

SAP and Microsoft have announced a new collaboration aimed at utilising generative AI technology to address fundamental business challenges.

The partnership will integrate SAP SuccessFactors solutions with Microsoft 365 Copilot and Copilot in Viva Learning, as well as Microsoft's Azure OpenAI Service, to harness the power of language models for analysing and generating natural language. These integrations will enable organisations to enhance their recruitment, talent development,...

17 May 2023 | Applications

Jay Migliaccio, IBM Watson: On leveraging AI to improve productivity

IBM has been refining its AI solutions for decades and knows a thing or two about helping businesses leverage the technology to improve productivity.

In 1997, IBM’s Deep Blue supercomputer was used to beat World Chess Champion Garry Kasparov. At the time, all too familiar headlines suggested that computers would soon replace humans. Over two decades later, AI has proven to be an assistive tool that benefits us every day.

IBM Watson’s first commercial application...

15 May 2023 | Applications

Infocepts CEO Shashank Garg on the D&A market shifts and impact of AI on data analytics

Could you tell us a little bit your company, Infocepts?

On a mission to bridge the gap between the worlds of business and analytics, Infocepts was founded in 2004 by me and Rohit Bhayana, both with more than 20 years of experience in the Data and Analytics (D&A) industry. People often use the term business analytics as one phrase, but if you have worked in the industry for a long time and if you talk to a lot of people, you'll realise just how big the gap is.

And...

9 May 2023 | Artificial Intelligence

AI ‘godfather’ warns of dangers and quits Google

Geoffrey Hinton, known as the "Godfather of AI," has expressed concerns about the potential dangers of AI and left his position at Google to discuss them openly.

Hinton, alongside two others, won the Turing Award in 2018 for laying the foundations of AI. He had been working at Google since 2013 but resigned to speak out about the fast pace of AI development and the risks it poses.

In an interview with The New York Times, Hinton warned that the rapid development of...

2 May 2023 | Artificial Intelligence

Palantir demos how AI can be used in the military

Palantir has demonstrated how AI can be used for national defense and other military purposes. The use of AI in the military is highly controversial. In this context, Large Language Models (LLMs) and algorithms must be implemented as ethically as possible. Palantir believes that’s where its AI Platform (AIP) comes in. AIP offers cutting-edge AI capabilities and claims to ensure that the use of LLMs and AI in the military context is guided by ethical principles. AIP is able to deploy...

28 April 2023 | Applications