Rapidus, an innovative player in the semiconductor industry, has forged a strategic partnership with American firm Esperanto Technologies—a powerhouse in computing solutions based on the RISC-V architecture. This collaboration focuses on creating semiconductors optimized for energy efficiency, targeting the rapidly growing demand within AI-powered data centers.… Read the rest
Business Optimism High for Transformative Potential of GenAI, Survey Reveals
GenAI Revolutionizes Company Operations
A Dell Technologies Innovation Catalyst survey has revealed significant anticipation among business and IT leaders regarding the transformative impact of generative artificial intelligence (GenAI). An impressive 81% of respondents from across 40 countries acknowledge this potential, with the figure jumping to 91% among the fastest-growing companies.… Read the rest
South Korean AI Chipmaker DEEPX Secures $80 Million for Mass Production
DEEPX, an innovator in on-device artificial intelligence technology, has secured significant financial backing to push forward their ambitious plans for mass production and global distribution. With their latest Series C funding round, the company has raised a total of $80 million USD, valuing DEEPX at an impressive $529 million USD.… Read the rest
The Rise of Generative AI and its Impact on Data Storage Solutions
Businesses Embrace Generative AI, Sparking a Shift in Storage
The proliferation of generative artificial intelligence (AI) is redefining the way businesses handle and store information. As more companies seek to customize generative AI for specific needs, the crucial role of vast amounts of data for training these AI models comes into focus.… Read the rest
Emerging Vertical AI Specializations Define the Future of Tech Startups
Interactive Gaming Revolution with ThingsFlow
At the forefront of AI-driven interactive experiences, ThingsFlow, a subsidiary of Krafton, has redefined gaming with Spl. This game adapts its narrative and outcomes to the player’s choices, offering a rich tapestry of possible endings, providing a unique gaming adventure.… Read the rest
Tech Titans Shaping the Artificial Intelligence Economy
Revolutionary Technologies Propel Trillion-Dollar AI Market
A financial explosion in the realm of trillions of dollars is on the horizon, according to Global X, sparked by recent advancements in semiconductors (chips) and large language models (LLMs). These developments are enhancing accessibility and extending the reach of advanced artificial intelligence (AI) systems.… Read the rest
Oruts Pioneers Innovative Large Language Model Development
Oruts Begins Construction of an Advanced Multi-Trillion Parameter Language Model
Oruts has announced the commencement of its venture into constructing a cutting-edge, large language model (LLM) with capabilities exceeding trillions of parameters. With a decade of expertise in areas including natural language processing, Oruts has been proactive in the research, development, and operational aspects of LLMs.… Read the rest
Deci: Israel’s AI Startup Streamlining Code for Enhanced Performance
Advances in Artificial Intelligence (AI) from Israel: In late 2019, the Israeli startup Deci was launched, marking a significant stride in AI technology. Founded by Dr. Jonathan Elial and respected Technion professors Dr. Yonatan Geifman and Prof. Ran El-Yaniv, Deci stands at the forefront of AI platform development.… Read the rest
Microsoft Unveils Phi-3 AI Series, Exceling in Lightweight Performance
Microsoft Research’s leap forward with Phi-3 AI models marks a significant advancement in the realm of artificial intelligence. The recent unveiling of the Phi-3 series includes models of varying complexities; the Phi-3 Mini with 3.8 billion parameters, the Phi-3 Small with 7 billion, and the Phi-3 Medium with 14 billion parameters.… Read the rest
Taipei Hosts AI EXPO 2024: A Focus on the Growth of Generative AI Markets
The expansive trajectory of generative AI is evident in the thriving global market, which is projected to rapidly grow from $40 billion this year to a robust $1.5 trillion by 2030. This insight emerged during the AI EXPO, hosted by DIGITIMES at the Taipei Expo Park, where the latest “AI Special Report” was released.… Read the rest