Groq announced it has entered a non-exclusive licensing agreement with Nvidia for Groq's inference technology. Groq CEO Jonathan Ross and team will join Nvidia, but Groq will operate independently with GroqCloud.
As CxOs zoom out on 2025, it's clear that the year was characterized by AI building blocks and the need for real returns. Agentic AI platforms aren't quite mature, but the industry standards and connections are making deployments more realistic.
Paychex is betting that its proprietary data sets in human capital management and adjacent markets will make it a winner in AI via productivity and new products.
A recent partnership with ServiceNow highlights where FedEx is going with its data and platform.
Accenture said that AI is so pervasive in enterprise transformation that it won't break out figures going forward. And although AI is everywhere, Accenture noted that half of the advanced AI projects also require a data project.
IFS said it will acquire Softeon, a cloud native software provider for warehouses. IFS, which provides an industrial AI platform, will use Softeon to expand into warehouse management and connect it to manufacturing operations software.
Databricks said it has raised $4 billion in a Series L investment for a $134 billion valuation and topped a $4.8 billion annual revenue run rate in the third quarter. For comparison, Snowflake’s annual revenue run rate exiting its third quarter was $4.84 billion.
Costco is weaving artificial intelligence throughout its operations but doing it in what CEO Ron Vachris calls a "very Costco way."
Nvidia launched its Nemotron 3 family of open models as it aims to provide an efficient set of large language models that can be used by enterprises to customize and deploy in multi-agent systems.
The companies that are looking to leverage artificial intelligence for competitive advantage are increasingly choosing to go custom. It's build over buy at massive scale...for now.
Rivian's vertically integrated approach to autonomous driving and AI is enabled by its data flywheel that it uses to train its models and optimize.
Broadcom reported better-than-expected fourth quarter results as it continued to see a revenue surge due to custom AI chips.
