The New Relic report reveals that energy and utilities providers are facing significant financial losses due to outages, amounting to over $34 million per year. The report emphasizes the importance of observability in reducing outage costs and frequency, with organizations investing in AIOps and mobile monitoring for real-time insights into their infrastructure.
AI adoption is on the rise in the energy and utilities sector, with a focus on leveraging observability and AI to gain a deeper understanding of telemetry data and improve operational efficiency. Full-stack observability plays a key role in outage reduction, as organizations with this capability experience improvements in mean time to resolution (MTTR) and reduced downtime costs.
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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.