Vertiv Holdings Co has made a strategic move by acquiring assets from BiXin Energy Technology, enhancing its AI and cooling solutions. This acquisition aims to bolster Vertiv's chiller products and support high-performance computing and AI applications. The generative AI market is experiencing rapid growth, with North America leading the charge.
The generative AI market is projected to reach USD 440 billion by 2032, showcasing a significant CAGR. Sam Altman, CEO of OpenAI, predicts that advancements in AI, including artificial general intelligence, could emerge as soon as 2025. This competitive landscape is pushing companies like OpenAI to innovate rapidly, further driving the demand for advanced AI technologies.
• Generative AI market expected to reach USD 440 billion by 2032.
• OpenAI plans to launch new AI models to enhance competition.
Generative AI refers to algorithms that can create new content, revolutionizing industries.
AGI is the hypothetical ability of a machine to perform any intellectual task a human can.
AI models are algorithms designed to perform specific tasks, such as reasoning and problem-solving.
Vertiv provides digital infrastructure technology and services, enhancing AI applications through acquisitions.
OpenAI focuses on developing advanced AI technologies, including new reasoning models to drive innovation.
Insider Monkey 9month
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
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
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.
