Amazon unveils new chips for training and running AI models

November 28, 2023

There’s a shortage of GPUs as the demand for generative AI, which is often trained and run on GPUs, grows. Nvidia’s best-performing chips are reportedly sold out until 2024. The CEO of chipmaker TSMC was less optimistic recently, suggesting that the shortage of GPUs from Nvidia — as well as from Nvidia’s rivals — could extend into […]

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AWS launches S3 Express One Zone, promises 10x write speed improvement

November 28, 2023

At its annual re:Invent conference in Las Vegas, Amazon AWS cloud arm today announced a major update to its S3 object storage service: AWS S3 Express One Zone, a new high-performance and low latency tier for S3. The company promises that Express One Zone offers a 10x performance improvement over the standard S3 service. One […]

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Procurement in the age of AI

November 28, 2023
Procurement professionals face challenges more daunting than ever. Recent years’ supply chain disruptions and rising costs, deeply familiar to consumers, have had an outsize impact on business buying. At the same time, procurement teams are under increasing pressure to supply their businesses while also contributing to business growth and profitability. Deloitte’s 2023 Global Chief Procurement…

Dataminr, the $4B big data startup, is laying off 20% of staff today, or 150 people, as it preps to double down on AI

November 28, 2023

It’s a tough day for Dataminr, the New York-based big data unicorn last valued at $4.1 billion. TechCrunch has learned that the company — which AI and big data algorithms to provide predictive insights about news and other global events, is laying off about 20% of staff today, or around 150 people. It cites the […]

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Generative AI is fueling the recovery of European SaaS

November 28, 2023

Generative AI has been the trend to watch. It’s transforming the software paradigm and unleashing previously unimaginable opportunities.

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