IMO Weekly Highlights - 06102024
IMO picked up a few pieces of notable news about AI and tech companies for the past week. This week, Microsoft’s AI Azure Studio is now generally available and supports OpenAI’s GPT-4o.
Intel has announced its Xeon 6 chip to ensure that data centers can handle the workloads needed as more companies start to deploy AI apps and models. The processor comes with two microarchitectures, an efficient core (E-core) and a performance core (P-core) and will be available in the 6700 and 6900 platform offerings. However, only the 6700 E-core version will launch on June 4. The 6900 P-core version will debut in Q3 2024, with others available in Q1 2025.
“It’s all about enabling customers in the industry to deliver real business outcomes,” Matt Langman, Intel’s vice president and general manager, said in a news conference. “We see every company becoming an AI company, whether these companies are looking to be more efficient in their operations, more efficient in their product development, more efficient—or just more effective—with their customer engagements.”
After making headlines with the?announcement of Polaris , a vendor-neutral open data catalog for Apache Iceberg,?Snowflake ?is launching new tools to help enterprises double down on the development of trusted AI-powered applications.
In his second keynote of the company’s annual data cloud summit, CEO Sridhar Ramaswamy shared several enhancements for the Cortex AI service and Snowflake ML to make it easier for enterprises to build, govern and manage AI applications, using the data hosted on the platform. The capabilities touch several aspects but the highlight for us is a new no-code AI & ML Studio that gives any enterprise user the ability to start building AI applications for their desired use-cases.
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New?AI innovations ?and benchmarks are announced every day (often multiple times a day), and enterprises are clamoring to take advantage. But sometimes it can be difficult to bridge the gap between what works in the lab and what works in the enterprise pipeline.?
To help support the startup system and expand the development of generative AI and large language models (LLMs),?Cisco Investments launched a $1 billion AI investment fund on Jun 4th. The company also announced its backing of?Cohere ,?Mistral AI ?and?Scale AI , startups all valued in the billions as the result of ongoing fundraising sprees.?
Qualcomm made headlines when it was named the chipmaker for?Microsoft’s Copilot+ PCs . However, that hasn’t deterred Intel from innovating for this new form of computing. The company had been working on chips to power AI PCs long before Microsoft’s news. In fact, on that very same day, Intel?announced its Lunar Lake processor , a chip that would power more than 80 new laptop designs from 20 computer makers. The chip is scheduled to be released in Q3 2024.
On Jun 10th, Apple introduced a groundbreaking new service called Private Cloud Compute (PCC), designed specifically for secure and private AI processing in the cloud. PCC represents a generational leap in cloud security, extending the industry-leading privacy and security of Apple devices into the cloud. With custom Apple silicon, a hardened operating system, and unprecedented transparency measures, PCC sets a new standard for protecting user data in cloud AI services.