AI & Automation

10 Dec 2024

C3.ai lifts annual forecast on strong demand for enterprise AI software

C3.ai raised its forecast for fiscal year 2025 revenue on Monday, helped by healthy demand for the company’s enterprise artificial intelligence software as companies look for tools to help streamline their workflow.

How intertwined are AI and data?

09 Dec 2024

Organisations should always remember that AI’s success is intrinsically linked with the quality of the data it leverages

US AI task force co-chair asks FERC to support co-located data centers - letter

09 Dec 2024

A co-chair of the U.S. Congressional artificial intelligence task force urged federal energy regulators this week to support the development of data centers directly connected to power plants, citing national security and competition for global AI dominance.

Hewlett Packard Enterprise beats quarterly results estimates on strong AI server demand

06 Dec 2024

Hewlett Packard Enterprise beat Wall Street expectations for fourth-quarter revenue and profit on Thursday, as it benefits from strong demand for its servers used to power artificial intelligence applications.

Exclusive-TSMC in talks with Nvidia for AI chip production in Arizona, sources say

05 Dec 2024

Taiwan Semiconductor Manufacturing Co is in discussions with Nvidia Corp to produce its Blackwell artificial intelligence chips at the contract manufacturer’s new plant in Arizona, three sources familiar with the matter said.

05 Dec 2024

Citigroup rolls out artificial intelligence tools for employees in eight countries

Citigroup began rolling out on Wednesday new artificial intelligence tools to be used by employees in eight countries, senior executives said.

Salesforce jumps as latest AI tools set to accelerate demand

04 Dec 2024

Salesforce shares jumped 12.5% in premarket trading on Wednesday, after the customer relationship management software maker topped quarterly sales estimates and provided an upbeat forecast for its newly launched AI integrated products.

Amazon announces new slate of AI models

04 Dec 2024

Amazon announced a new slate of artificial intelligence platforms, known as foundation models, at its annual AWS conference, allowing for text, image and video generation, among other things.