Archive for the ‘business’ category: Page 17

Aug 31, 2023

Industrializing AI Software Development

Posted by in categories: business, robotics/AI

Large language models (LLMs) are ushering in a revolutionary era with their remarkable capabilities. From enhancing everyday applications to transforming complex systems, generative AI is becoming an integral part of our lives.

However, the surge in demand for AI-powered solutions exposes a critical challenge: the scarcity of computational resources required to meet the growing appetite for logic and voice-based interfaces. This scarcity leads to a pressing need for cost-efficient platforms that can support the development and deployment of LLMs.

Industrializing AI software development will require transforming the processes for developing, deploying and maintaining AI systems from a research or ad-hoc approach into a structured, systematic and scalable industrial process. By focusing on cloud cost optimization and platform engineering, businesses can foster growth, profitability, and innovation in the field of AI.

Aug 31, 2023

AI Startups Are Already Running Into Some Serious Problems

Posted by in categories: business, robotics/AI

Less than a year into the AI boom and startups are already grappling with what may become an industry reckoning.

Take Jasper, a buzzy AI startup that raised $125 million for a valuation of $1.5 billion last year — before laying off staff with a gloomy note from its CEO this summer.

Now, in a provocative new story, the Wall Street Journal fleshes out where the cracks are starting to form. Basically, monetizing AI is hard, user interest is leveling off or declining, and running the hardware behind these products is often very expensive — meaning that while the tech does sometimes offer a substantial “wow” factor, its path to a stable business model is looking rockier than ever.

Aug 30, 2023

Personalization 2.0: Leveraging Generative AI for Tailored Customer Experiences

Posted by in categories: business, robotics/AI

“Personalize or Perish.” One of the leading newspapers aptly summarizes the critical nature of personalization 2.0, or hyper-personalization for businesses.

We live in an era where customers expect businesses to understand their wants and needs. Today, companies must meet customers’ needs and anticipate and exceed them. And for this, they must pivot to a digital-first mindset to create stronger, more authentic customer interactions.

How do they do this? Through a hyper-personalized, AI-powered business strategy where products, ads, and interactions are tailor-made for each customer or a group of customers.

Aug 30, 2023

Google Gemini Eats The World — Gemini Smashes GPT-4 By 5X, The GPU-Poors

Posted by in categories: business, robotics/AI

The statement that may not be obvious is that the sleeping giant, Google has woken up, and they are iterating on a pace that will smash GPT-4 total pre-training FLOPS by 5x before the end of the year. The path is clear to 100x by the end of next year given their current infrastructure buildout. Whether Google has the stomach to put these models out publicly without neutering their creativity or their existing business model is a different discussion.

Today we want to discuss Google’s training systems for Gemini, the iteration velocity for Gemini models, Google’s Viperfish (TPUv5) ramp, Google’s competitiveness going forward versus the other frontier labs, and a crowd we are dubbing the GPU-Poor.

Access to compute is a bimodal distribution. There are a handful of firms with 20k+ A/H100 GPUs, and individual researchers can access 100s or 1,000s of GPUs for pet projects. The chief among these are researchers at OpenAI, Google, Anthropic, Inflection, X, and Meta, who will have the highest ratios of compute resources to researchers. A few of the firms above as well as multiple Chinese firms will 100k+ by the end of next year, although we are unsure of the ratio of researchers in China, only the GPU volumes.

Aug 30, 2023

Building Tools To Learn Human Brain Processes

Posted by in categories: blockchains, business, neuroscience, robotics/AI

Aude Oliva is a prominent Cognitive and Computer Scientist directing the MIT Computational Perception and Cognition group at CSAIL while also leading the MIT-IBM Watson AI Lab and co-leading the MIT AI Hardware Program. With research spanning computational neuroscience, cognition, and computer vision, she pioneers the integration of human perception and machine recognition. Her contributions extend across academia, industry, and research, making her a distinguished figure at MIT.

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Aug 30, 2023

Semiconductor supplier Schunk Xycarb plans big expansion to keep up with Samsung, other chipmakers

Posted by in categories: business, robotics/AI, space

Construction is set to break ground by the end of this year, and the company expects to move into the new space by the end of 2024. The production facility for semiconductor quartz will include a clean room, high-purity cleaning system and allow them to expand an automation component of their business that they’ve been capitalizing on for years.

“We knew that our customers all over the world were expanding at a rate we couldn’t keep up with,” said Scott Lingren, SXT’s managing director and U.S. chairman. “As you see all these expansions from Samsung in Taylor to Texas Instruments Inc. in the Dallas area to all over the world … we just have to keep up.”

SXT – which is headquartered in the Netherlands and owned by the privately-held Schunk Group in Germany – supplies semiconductor manufacturers around the world, like Samsung, which has had a presence in Central Texas for decades and is potentially adding to its existing Austin campus and its new site in Taylor. Other major players in the industry include Taiwan Semiconductor Manufacturing Co., which is expanding in Arizona, and Intel Corp., which is expanding to Ohio.

Aug 30, 2023

Quantum Device Used To Slow Down Chemical Reaction by 100 Billion Times

Posted by in categories: biotech/medical, business, chemistry, engineering, law, quantum physics

What happens in femtoseconds in nature can now be observed in milliseconds in the lab.

Scientists at the university of sydney.

The University of Sydney is a public research university located in Sydney, New South Wales, Australia. Founded in 1,850, it is the oldest university in Australia and is consistently ranked among the top universities in the world. The University of Sydney has a strong focus on research and offers a wide range of undergraduate and postgraduate programs across a variety of disciplines, including arts, business, engineering, law, medicine, and science.

Aug 30, 2023

AI for Small Businesses: 19 Ways to Scale Up Using Artificial Intelligence

Posted by in categories: business, robotics/AI

Are you running a small business? Learn how to use AI for small businesses effectively and what tools to use to get the most out of the AI.

Aug 29, 2023

How to Lead and Reskill in the Age of AI

Posted by in categories: business, robotics/AI

How will AI affect businesses and employees? It’s the million-dollar question, and according to Harvard Business School’s Raffaella Sadun, the answer will depend on how well an organization connects the new technologies to both a broad corporate vision and individual employee growth.

One without the other is a recipe for job elimination and fewer new opportunities for all. Luckily, she points out, we are early in our AI journey, and nothing is predetermined. Smart leaders don’t need to understand every technicality of AI. But they do need to identify the best use cases for their specific business and communicate a clear strategy for reskilling their teams.

Continue reading “How to Lead and Reskill in the Age of AI” »

Aug 28, 2023

Artificial Intelligence and manufacturing

Posted by in categories: business, robotics/AI

Interview with Prof. Marc Sachon for the event “Artificial Intelligence: Using your power for good” (IESE Global Alumni Reunion 2022).

+ “Artificial Intelligence for Executives” Program:
+ “The Power of AI to Transforming Your Business Program:…-business/

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