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AR News
Pymnts
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Image Credit: Pymnts
Tabs Secures $7 Million to Scale AI-Powered AR Platform
- Tabs has secured $7 million in seed funding to scale its artificial intelligence (AI) accounts receivable (AR) platform.
- The Tabs AI platform automates contract ingestion, invoicing, and payments, saving businesses time and reducing operational risks.
- Companies that have adopted the Tabs AI platform report a 40% reduction in time to collect and increased flexibility in pricing and sales models.
- The funding round was led by Lightspeed Venture Partners, bringing Tabs' total amount raised to $12 million.
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Pymnts
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Why It Seems Like Every AI Company is Making Their Own Chip
- Meta has launched its latest generation of custom computer chips to enhance its AI capabilities and minimize dependency on external suppliers like Nvidia.
- Intel has introduced its new AI chip, the Gaudi 3, which offers more than double the power efficiency and can process AI models one-and-a-half times faster than Nvidia's H100 GPU.
- Custom AI chips provide significant benefits, such as enhanced privacy and proprietary data control, allowing companies to steer their own AI futures.
- PC manufacturers, including Apple, are also starting to use AI-specific chips for their products.
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Arstechnica
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Intel’s “Gaudi 3” AI accelerator chip may give Nvidia’s H100 a run for its money
- Intel has unveiled its new AI accelerator chip, Gaudi 3, as an alternative to Nvidia's H100.
- Intel claims that Gaudi 3 offers 50% faster training time for large language models like GPT-3 and Llama 2 compared to Nvidia's H100.
- In terms of inference, Gaudi 3 delivers 50% faster performance than H100 for popular open-weights models.
- Intel is targeting the H100 due to its high market share, although Nvidia has more powerful AI accelerator chips in development.
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Medium
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CUDO Compute Boosts GPU Fleet: More NVIDIA A40s, A6000s and V100s Now Available to Power AI and HPC…
- NVIDIA A40 and A6000 GPUs are now available on-demand on the platform.
- The NVIDIA RTX A40 offers 37.4 teraflops of FP32 performance, 10,752 CUDA cores, and 336 Tensor Cores for deep learning.
- The NVIDIA RTX A6000 is a versatile GPU suitable for AI, HPC, and graphics-intensive applications, equipped with 10,752 CUDA cores and 48GB of GDDR6 memory.
- CUDO Compute has expanded its network with new strategic locations, including the fully operational us-losangeles-1 data center.
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TechBullion
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Nvidia Slips Into correction Territory As Stock Declines 10%
- Nvidia stock slips into correction territory, declining 10% from recent closing high.
- The company, known for making GPUs and server chips for AI applications, has benefited from the AI boom.
- Nvidia's financial performance has been strong, reporting a 486% jump in non-GAAP earnings per diluted share.
- Possible reasons for the stock decline include investors taking profit and competition from rival chipmaker Intel.
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Siliconangle
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Cohesity completes late-stage $150M funding from IBM and Nvidia, expands IBM partnership
- Data management provider Cohesity has completed its Series F funding round of $150 million, with participation from IBM and Nvidia.
- The extended partnership between Cohesity and IBM will focus on developing cyber resilience capabilities in hybrid cloud environments.
- IBM will offer Cohesity's DataProtect solution through IBM Storage Defender, its cyber resilience platform.
- The collaboration aims to provide comprehensive data protection against cyber threats and offer policy-based backup and recovery for various data sources.
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Analyticsindiamag
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NVIDIA Introduces Ruler to Measure the Context Length of Models
- NVIDIA researchers have developed RULER, a synthetic benchmark to evaluate long-context language models (LLMs) across various tasks.
- The evaluation revealed that all models experienced performance drops as the input length increased.
- Models trained with larger context sizes generally performed better on RULER.
- The study highlights the need for further research and improvement in long-context modeling.
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Macdailynews
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Apple supplier TSMC’s Q1 revenue rise beats market expectations
- Apple supplier TSMC reported a 16.5% rise in Q1 revenue, beating market expectations.
- The surge in demand for artificial intelligence applications has contributed to TSMC's sales boom.
- Q1 revenue reached T$592.64 billion ($18.54 billion), towards the higher end of TSMC's guidance.
- March revenue alone rose 34.3% YoY to T$195.21 billion.
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Tech Story
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Some Apple Vision Pro Users Face Physical Discomfort After Prolonged Use
- Some Apple Vision Pro users are experiencing physical discomfort after prolonged use.
- Users have reported issues such as black eyes, neck pain, headaches, eye strain, and backaches.
- Apple recommends taking breaks every 20 to 30 minutes and halting use if any discomfort arises.
- The Vision Pro's design, weight, and immersive interface pose challenges for users in professional settings.
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Medium
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Image Credit: Medium
Unleashing the Power of NVIDIA on AWS: A Winning Combination for Cutting-Edge Performance
- The collaboration between NVIDIA and AWS has been instrumental in advancing GPU cloud computing.
- The introduction of NVIDIA's Grace Blackwell processor on AWS enables the development and deployment of large language models at unprecedented scales and speeds.
- The partnership enhances computer-aided drug discovery and accelerates medical breakthroughs.
- The integration of NVIDIA and AWS technologies ensures data security and opens up possibilities for transformative AI applications.
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Siliconangle
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Image Credit: Siliconangle
Georgia Tech announces first Nvidia-powered AI supercomputer for students
- The Georgia Institute of Technology partners with Nvidia to create AI Makerspace, an AI supercomputer hub for students.
- AI Makerspace provides undergraduate students with access to high-performance computing power previously available only to researchers and big companies.
- The platform includes 20 Nvidia H100-HGX servers with 160 Nvidia H100 GPUs, capable of supporting advanced AI and machine learning workloads.
- Georgia Tech plans to expand access to all engineering students and launch AI Makerspace Omniverse for augmented reality and virtual reality applications.
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Silicon
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Image Credit: Silicon
Intel Unveils Latest AI Chip To Counter Nvidia
- Intel has unveiled its latest AI chip called the Gaudi 3 AI accelerator to challenge Nvidia's dominance in the AI chip sector.
- The Gaudi 3 AI accelerator offers significant improvements in performance, scalability, and efficiency for AI training and inference.
- Intel claims that the Gaudi 3 accelerator will deliver 50% faster training and inference compared to Nvidia's H100 chip.
- The Gaudi 3 accelerator is expected to be available to OEMs in the second quarter of 2024.
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Insider
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Nvidia employees are getting richer with a 'special Jensen grant' that boosts their stock awards by 25%
- Nvidia employees are receiving a 'special Jensen grant' that boosts their stock awards by 25%.
- The grant, named after CEO Jensen Huang, is in addition to the initial stock grant given to employees.
- The grant will vest over four years, with the first portion vesting in September.
- The purpose of this grant is to ensure employees still benefit even if the share price falls in the future.
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Minis
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"No One Will Hire Me": WFH employee fired after firm tracks laptop activity
- Suzie Cheikho, a WFH employee, was fired from Insurance Australia Group after 18 years following a performance improvement plan
- Her computer activity, including keyboard strokes, was monitored for 49 days. She failed to meet deadlines, missed meetings, and didn't complete tasks, leading to termination. Cheikho cited personal issues affecting her mental health and performance.
- Alleging discrimination, she claims the company targeted her. Now dependent on welfare, Cheikho gained attention on TikTok but fears never being hired again due to her viral story. "It's embarrassing... nobody is going to hire me," she expressed.
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Digitaltrends
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Image Credit: Digitaltrends
Dyson’s AR CleanTrace feature ensures a thorough vacuuming session every time
- Dyson is introducing the CleanTrace feature for its Gen5detect vacuum cleaner.
- CleanTrace uses augmented reality (AR) to show areas that have and haven't been vacuumed.
- The feature colors the areas that have been vacuumed in real-time.
- Dyson aims to make vacuuming more efficient and enjoyable with CleanTrace.
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