What's in Tech : Wk. of 14th October 2024

What's in Tech : Wk. of 14th October 2024

In this week’s “What’s in Tech” newsletter, we have covered the latest developments in the AI space. Highlights include AMD’s launch of AI chips to take on NVIDIA, OpenAI’s global expansion, and advancements from Microsoft, Meta, Oracle, and Uber.

?Microsoft Unveils New Healthcare AI Models and AI Agent Service

The new offerings include healthcare AI models and agents that enable healthcare organizations to integrate and analyze diverse data types, including medical imaging, genomics and clinical records.

OpenAI Expands Globally

OpenAI is expanding into new cities, namely NYC, Seattle, Paris, Brussels, and Singapore, alongside its growing offices in San Francisco, London, Dublin, and Tokyo.

Nvidia's Blackwell AI Processors Sold Out

Nvidia execs stated that production of the company's next-generation artificial intelligence processors, called Blackwell, is progressing on schedule and that the product is sold out for the next 12 months..

AMD Launches AI Chips to Rival Nvidia’s Blackwell

With the launch of the new MI325X chips, AMD is accelerating its product schedule to release new chips on an annual schedule to better compete with Nvidia and take advantage of the boom in AI chips.

Meta Announces Movie Gen: a Multimodal Video Generator

Movie Gen uses text inputs to automatically generate new videos with audio, create custom videos from images or take an existing video and change different elements.

Snorkel Launches Data-Centric AI Capabilities for Evaluation and Fine Tuning of LLM and RAG Systems

These capabilities include GenAI evaluation tools for use-case-specific benchmarks, streamlined LLM fine-tuning workflows and advanced named entity recognition (NER) for PDFs.

TikTok Cuts Jobs in Shift Towards AI Content Moderation

The company confirmed the layoffs and said that several hundred employees were expected to be impacted globally as part of a wider plan to improve its moderation operations.

Over 600 AI Engagements Drive TCS’ Latest Quarterly Earnings

TCS reported over 600 AI and GenAI engagements deployed or in development. This pipeline in the last quarter stood at US$1.5 Bn, and the company was executing over 270 AI projects.

Centific Onboards New VP of Engineering for its India CoE

Murali Krishna Kocherla hails from IIT Kanpur, and comes in with two decades of experience in computer vision, deep learning, advanced digital and RF communications and embedded systems.

Pioneers in Artificial Intelligence Win the Nobel Prize in Physics

John Hopfield and Geoffrey Hinton won the Nobel Prize in Physics for helping create the building blocks of machine learning that is revolutionizing the way we work and live.

Oracle adds Agentic AI to Fusion Cloud Service and Field Service

Aiming to deliver end-to-end service automation, Oracle unveiled new agentic AI that will help service teams increase service efficiency, reduce time-to-resolution, and improve customer experience.

Uber to Launch OpenAI-powered AI Assistant

At launch, the assistant will only answer questions about electric vehicles, like where to charge them or which one to buy, but the integration will potentially span into other use cases in the future.

China Telecom Trains AI Model with 1 Tn Parameters on Domestic Chips

According to the company’s Institute of AI, one of the models, TeleChat2-115B and another unnamed model were trained on tens of thousands of Chinese-made chips.

Presenting Centific’s Podcast: The Data Forge!

Welcome to "The Data Forge", where we explore the cutting-edge intersection of artificial intelligence, data innovation, and business strategy. This podcast is your go-to source for insights on how companies can leverage their unique frontier data to develop custom large language models (LLMs) that outpace the competition.

Each episode features in-depth conversations with industry leaders, exploring topics like data labeling, human-in-the-loop processes, cybersecurity, and the evolving role of AI in driving business success.


?Regards

Dinesh

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