In its annual report, Oracle cited a TikTok ban as a risk factor. The company also said Ampere could be consolidated under its financial results under certain conditions.
Shopify outlined a partnership with Target that could scale distribution for its premier merchants as well as AI-enhanced features across its unified commerce platform.
Generative AI projects in the enterprise have moved beyond the pilot stage with many use cases going into production. Scaling has been a bit of a challenge, but the maturation of how CxOs are approaching genAI is underway.
Generative AI projects are gaining steam in the enterprise, but there's a big hurry up and wait vibe to them. Why? Enterprises operate on a continuum and don't have their ERP, cloud and data transformations complete.
Anthropic launched Claude 3.5 Sonnet, its latest large language model (LLM), with availability on Anthropic API, Amazon Bedrock and Google Cloud Vertex AI.
Target said it will launch Store Companion, a generative AI chatbot designed to help employees boost customer experiences, across its 2,000 stores by August.
Three well-known generative AI pioneers have formed Safe Superintelligence Inc., a startup that will focus on safe superintelligence (SSI). There are plenty of open questions to ponder, according to Constellation Research's Chirag Mehta.
Dell Technologies and Supermicro are building an AI factory with Nvidia for Elon Musk's xAI.
SurrealDB raised $20 million in venture capital to bring its total to $26 million. The bet: Multi-model databases will be critical to enterprises looking to consolidate multiple databases so developers can move faster.
Hewlett Packard Enterprise and Nvidia teamed up to launch a set of private cloud offerings and integrations designed for generative AI workloads. Nvidia AI Computing by HPE will be available in the fall.
OpenAI has built momentum by closing a big partnership with Apple, a channel deal with PwC and a series of enterprise wins. These events put an exclamation point on the enterprise traction that OpenAI is seeing directly and raise a big question: Will OpenAI eventually compete with its primary investor Microsoft?
