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IBM unveils Granite 3.0 AI models with open-source commitment

AI News

IBM has taken the wraps off its most sophisticated family of AI models to date, dubbed Granite 3.0, These models are positioned as versatile workhorses for enterprise AI, excelling in tasks such as Retrieval Augmented Generation (RAG), classification, summarisation, and entity extraction. The Granite 3.0 The Granite 3.0

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AI sector study: Record growth masks serious challenges

AI News

A comprehensive AI sector study – conducted by the Department for Science, Innovation and Technology (DSIT) in collaboration with Perspective Economics , Ipsos , and glass.ai – provides a detailed overview of the industry’s current state and its future prospects. With over 3,170 active AI companies, these firms have generated £10.6

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IDC: GenAI smartphones to drive global shipment growth in 2024

AI News

The market intelligence firm’s optimistic outlook is driven by strong growth in affordable Android devices across emerging markets and substantial interest in generative AI-capable smartphones in premium segments. Check out AI & Big Data Expo taking place in Amsterdam, California, and London. compared to 0.8%.

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UAE set to help fund OpenAI’s in-house chips

AI News

OpenAI’s ambitious plans to develop its own semiconductor chips for powering advanced AI models could receive a boost from the United Arab Emirates (UAE), according to a report by the Financial Times. Check out AI & Big Data Expo taking place in Amsterdam, California, and London.

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Mistral AI Unveils Ministral 3B and 8B Models

Towards AI

Last Updated on October 19, 2024 by Editorial Team Author(s): Get The Gist Originally published on Towards AI. Welcome to Get The Gist, where every weekday we share an easy-to-read summary of the latest and greatest developments in AI — news, innovations, and trends — all delivered in under 5 minutes!

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Optimizing data flexibility and performance with hybrid cloud 

IBM Journey to AI blog

By focusing on five key aspects of cloud adoption for optimizing data management—from evolving data strategies to ensuring compliance—businesses can create adaptable, high performing data ecosystems that are primed for AI innovation and future growth.

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3 key reasons why your organization needs Responsible AI

IBM Journey to AI blog

Adherence to responsible artificial intelligence (AI) standards follows similar tenants. Gartner predicts that the market for artificial intelligence (AI) software will reach almost $134.8 billion by 2025. AI requires AI governance , not after the fact but baked into AI strategy of your organization.