Alibaba hits brakes on cloud spin off plans
Alibaba said it won't spin off its cloud intelligence group citing US sanctions and an uncertain demand environment.
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ServiceNow's latest Now Assist generative AI features highlight its strategy
ServiceNow's generative AI strategy revolves around what it calls "practical generative AI applications" that focus on use cases and smaller models that are more efficient.
Cisco sees weak Q2 as customers digest, implement shipped orders
Cisco CFO Scott Herren said customers are implementing "large amounts of recently shipped product." "We expect to see product order growth rates accelerate in the second half of the year," he said.
Microsoft launches Azure Models as a Service
Nadella, speaking at Microsoft's Ignite 2023 conference, said the company wants to "bring the best selection of open-source models to Azure and do so responsibly."
Microsoft launches AI chips, Copilot Studio at Ignite 2023
Microsoft fleshed out its generative AI infrastructure plans with the launch of its custom processors for model training and inference along with Copilot Studio for new use cases.
Celonis launches Process Intelligence Graph, makes case process enables automation, AI applications
Celonis is betting that process mining data will be the enabler for automation and generative AI across enterprises with the launch of its Process Intelligence (PI) graph.
Dell Technologies, Hugging Face aim to make on-premises generative AI deployments easier
While cloud hyperscalers have dominated the generative AI discussion, enterprises are wary of costs as well as protecting data and see hybrid approaches more viable.
Nvidia launches H200 GPU, shipments Q2 2024
Nvidia launched its Nvidia H200 GPU, which will offer faster memory and more bandwidth for generative AI workloads. The H200 will ship in the second quarter of 2024.
Celonis acquires Symbio, aims to meld AI, process intelligence in one package
Celonis said it will acquire Symbioworld GmbH, a business process management software vendor, in a move that brings together process mining with AI-drive process modeling.
How Wayfair's tech transformation aims to drive revenue while saving money
Wayfair saw breakneck growth three years ago and an ensuing hangover that required a focus on operating margins and execution, but a technology transformation has the company thinking big again.
