AI News

OCTOBER 24, 2024

The government’s commitment to supporting AI is evident through significant investments. In 2022, the UK government unveiled a National AI Strategy and Action Plan—committing over £1.3 Almost a third (31%) of SMEs have yet to adopt the cloud, and nearly half (47%) do not currently use AI tools or applications.

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Towards AI

OCTOBER 18, 2024

Nvidia Quietly Launches AI Model that Outperforms GPT-4 Image by: Nvidia The Gist: Nvidia has released a new AI model, Llama-3.1-Nemotron-70B-Instruct, This launch marks a significant expansion of Nvidia’s AI strategy, shifting from hardware to high-performing AI software.

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IBM Journey to AI blog

JULY 30, 2024

According to a recent IBM Institute for Business Value (IBV) study, 74% of executives believe that AI will fundamentally change their business operations within the next 5 years. Furthermore, the same study indicates that companies leveraging AI at scale are expected to outperform their peers by 25% in profitability by 2025.

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