Immense
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‘This is the largest AI ecosystem in the world without its own infrastructure’: Jensen Huang thinks the UK has immense AI potential – but it still has a lot of work to do
Nvidia CEO Jensen Huang has said the UK has enormous AI potential but needs significant infrastructure buildout to make the most of it. Speaking alongside UK prime minister Keir Starmer at London Tech Week, Huang insisted that building AI supercomputers in the UK will be necessary to kickstart investment. “The UK is in a Goldilocks circumstance,” Huang said, explaining that…
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‘The opportunity ahead is immense’: Kaseya’s new CEO eyes SMB gains and closer ties with partners
Kaseya has announced the appointment of Rania Succar as its new CEO as the vendor looks to accelerate growth for its IT and security management platform. A seasoned industry leader, Succar arrives with a track record of driving business growth and driving customer-focused innovation, most recently at financial technology specialist Intuit. She has also previously worked for Google, McKinsey, and…
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Why SandboxAQ thinks large quantitative models have immense enterprise potential
A new type of AI, known as large quantitative models (LQMs), is set to eclipse large language models (LLMs) in areas such as finance, healthcare, energy, and life sciences — according to SandboxAQ, an Alphabet spin-out company now valued at $5 billion. Established in 2016 at Google’s Palo Alto headquarters, SandboxAQ began life as Alphabet’s ‘Sandbox’ division, with a focus…
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Elon Musk’s xAI Acquires X in $45B Deal to ‘Unlock Immense Potential’
Image: SpaceX/YouTube Elon Musk’s artificial intelligence startup xAI has formally acquired his social media platform X in an all-stock transaction valued at approximately $45 billion. This figure includes $12 billion in debt, bringing the implied equity value of X to $33 billion. The merger will “combine the data, models, compute, distribution and talent” of the two companies, according to Musk’s…
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