Tag: Industry
Intel Lunar Lake CPUs Release Date Revealed, Exciting News Ahead
Intel Lunar Lake CPUs are set to be released between September 17 and 24, 2024, according to a new report. This news comes just...
Cloud Infrastructure Revenue Hits Nearly $80 Billion in Latest Quarter
The cloud infrastructure market has surged ahead, leaving the challenges of 2023 in the rearview mirror. Revenue has continued to climb steadily, reaching an...
Leveraging Gen AI Technology for Oil Exploration: Chevron’s Innovative Approach
Oil and gas operations create a massive amount of data, with a single seismic survey in New Mexico yielding a petabyte file. Bill Braun,...
Tabnine Wins AI Innovation Award at VB Transform 2024
Tabnine, a Tel-Aviv-based company, received the "Best Presentation" award at the Innovation Showcase during VentureBeat's Transform event. The company offers an AI-powered coding assistant...
Samsung Acquires UK Knowledge Graph Startup to Enhance Galaxy AI Technology
Samsung has announced its acquisition of Oxford Semantic Technologies, a UK-based startup specializing in knowledge graph technology, to enhance its Galaxy AI capabilities. This...
Winners of VentureBeat’s 6th Annual AI Innovation Awards
VentureBeat recently held its sixth annual AI Innovation Awards at VB Transform in San Francisco. The awards recognized outstanding achievements in enterprise implementation, innovation,...
Formlabs Acquires 3D Printing Startup Micronics During Kickstarter Campaign
Formlabs recently made an exciting announcement about their acquisition of the 3D printing startup, Micronics. This Wisconsin-based company, founded by Henry Chan and Luke...
OpenAI Ends Microsoft’s Observer Status, Promises No More Observers | Tech News
OpenAI recently announced that Microsoft will no longer hold an observer seat on its board. Microsoft had been in the observer position for months...
Is Scale AI Overvalued? Analyzing the $13.8B Valuation and Concerns with Margins and Customer...
Techmeme snapshot date and time: July 8, 2024, 4:55 PM Scale AI, a prominent artificial intelligence company, has recently been valued at a staggering $13.8...
Digital Transformation: Have We Moved on from the Age of Tech Innovation?
Business leaders believe that we have reached a crucial point in the digital transformation journey, but the process of continuous reinvention will persist, according...
Samsung Expects 15-Fold Profit Surge in Q2 Due to Rising Chip Prices
Samsung is expecting a significant increase in its profit for the second quarter of the year. The global memory chip market is experiencing a...
Samsung Anticipates 15-Fold Surge in Q2 Earnings Amid Chip Price Increase
Samsung is expecting a significant increase in its second-quarter profits as the global memory chip market continues to grow, driven by the AI industry....
Northern Data Considering $16B US IPO for AI Cloud Computing and Data Center Businesses...
Northern Data, a Germany-based company, is reportedly considering a $16 billion US initial public offering (IPO) for its artificial intelligence (AI) cloud computing and...
Avoid AI Washing: Tips from Lenovo’s COO
Artificial intelligence (AI) has become a buzzword in today's tech industry, with many products being labeled as AI even if they don't truly possess...