Cisco is launching a new AI-focused security product, called HyperShield, on the back of its $28bn Splunk deal. “We’re moving from a world of scarcity to a world of abundance, with digital AI assistants for everything,” @jpatel41 told CNBC.
INVESTMENT
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Databricks Marketplace Launches Premier Finance Datasets
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Premier datasets in finance are now available on the #DatabricksMarketplace, thanks to @ICE_Markets
. These datasets enable key use cases like time-series analysis, relative value, spread analysis, and assessing climate risk exposure. http://
dbricks.co/4cYPFOx -
Canada invests $2.4B in AI infrastructure for democratization
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Canada's $2.4B investment in #AI infrastructure empowers us to accelerate the development of our technology and deliver even more powerful & efficient solutions to our customers, while also responsibly democratizing AI across industries. #Budget2024 https://
pm.gc.ca/en/news/news-r
eleases/2024/04/07/securing-canadas-ai
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Microsoft Invests 1.5 Billion Dollars in G42 for AI
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[#Article] @Microsoft invests 1.5 billion dollars in @G42ai to expand AI and cloud capabilities in the Emirates https://actuia.com/actualite/microsoft-investit-15-milliard-de-dollars-dans-g42-pour-elargir-les-capacites-ia-et-cloud-des-emirats/
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Microsoft invests in UAE AI as industry expands
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Top stories in AI today: -Microsoft invests $1.5B in UAE AI firm
-AMD and Nvidia unveil new processors
-Access the best open-source LLM for free
-InstantMesh enables 3D generation in seconds
-6 new AI tools & 4 new AI jobs Read more: http://
therundown.ai/p/microsofts-u
ae-power-play
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Microsoft Invests $1.5B in G42 AI Partnership
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Congratulations to our strategic partner, @G42ai
, on their partnership and $1.5B investment from @Microsoft
. This marks a significant milestone in G42’s journey as a global tech leader and accelerates their world-changing vision to accelerate AI development and global expansion. -
Tesla’s Horror Show: Tech Giants Face Market Pressure
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Sell-side most interesting: Tesla’s ‘horror show,’ Astera’s pricey stock Things keep getting worse for Tesla heading toward its earnings report, Cisco will be fine after the speed bump, the Street loves Astera Labs’s expensive stock, and Informatica and Salesforce are each
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AI in Banking: Opportunities and Unstructured Data Challenges
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Looking to deepen your understanding of AI in the banking sector? Industry leaders delve into the opportunities and challenges of unstructured data as AI for the financial sector continues to evolve. Check it out:
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Unified AI API Services vs Data Privacy Trade-offs
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Advantage here obviously is you're buying one service and get all the APIs—text-to-image/voice, chat completion, etc. But at the same time it's still an API shipping off data vs keeping it where it's hosted. Now they're dealing w/ Snowflake/Databricks on top of other startups.
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Upstage AI Raises $72M Series B for LLM Expansion
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#solarllm I'm thrilled to announce that @upstageai has raised $72 million in Series B, bringing the total funding to $100 million. This funding will support the company's expansion in the US and Asia to make purpose-trained LLMs accessible to everyone.