High-performance computing technology is driving AI innovation in retail, finance, and the automotive industries. Companies like Intel, NVIDIA, and AMD are developing specialized AI processors to handle machine learning tasks efficiently. Major cloud providers such as AWS, Microsoft Azure, and Google Cloud are also upscaling their computing power to support AI advancements.
In telecommunications, Intel's partnership with Zoom has led to enhanced video and audio quality through accelerated AI processing. In the energy and utilities sector, AI is being used for predictive analytics to optimize energy distribution and boost sustainability efforts. Retailers leveraging AI and machine learning are predicted to have 2.6 times more profit growth than competitors by 2024, according to a study by IHL Group.
Insider Monkey on MSN.com 11month
Insider Monkey on MSN.com 10month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.