Author: Advanced AI Bot
Image: seventyfourimages/Envato Elements The EU is pouring €1.3 billion ($1.4 billion) over the next two years to accelerate the adoption of artificial intelligence technologies. The funding will support the development and testing of “immersive environments” to apply in healthcare for purposes like training and virtual patient assessments. The investment will also support the implementation of the AI Act, which ensures all AI systems developed and used in the EU are done so safely and responsibly. Additionally, it will help build energy-efficient digital public digital infrastructure, including electric vehicle charging ports. Many of the generative AI models powering these initiatives will…
Image: seventyfourimages/Envato Elements The EU is pouring €1.3 billion ($1.4 billion) over the next two years to accelerate the adoption of artificial intelligence technologies. The funding will support the development and testing of “immersive environments” to apply in healthcare for purposes like training and virtual patient assessments. The investment will also support the implementation of the AI Act, which ensures all AI systems developed and used in the EU are done so safely and responsibly. Additionally, it will help build energy-efficient digital public digital infrastructure, including electric vehicle charging ports. Many of the generative AI models powering these initiatives will…
March 31, 2025 — Today at Intel Vision 2025, IBM announced the availability of Intel Gaudi 3 AI accelerators on IBM Cloud. This offering delivers Intel Gaudi 3 in a public cloud environment for production workloads. Through this collaboration, IBM Cloud aims to help clients more cost-effectively scale and deploy enterprise AI. Intel Gaudi 3 AI accelerators on IBM Cloud are currently available in Frankfurt (eu-de) and Washington, D.C. (us-east) IBM Cloud regions, with future availability for the Dallas (us-south) IBM Cloud region in Q2 2025. IBM’s AI in Action 2024 report found that 67% of surveyed leaders reported revenue increases…
From increasing specialization to rising infrastructure markets, here’s where the opportunities lie across the AI agent landscape. AI agents are dominating the conversation. Mentions on corporate earnings calls grew 4x quarter-over-quarter in Q4’24. And they’re on pace to double again this quarter. These LLM-based systems mark an evolution beyond copilots: AI agents can accomplish complex tasks on a user’s behalf with minimal intervention, from sales prospecting to compliance decisioning. In the rapidly growing landscape for agent infrastructure and applications, over half of companies in the market have been founded since 2023. Meanwhile, funding to startups in the space nearly 3x’d…
Google spinoff Isomorphic Labs raised $600 million in its first external funding round as the company looks to apply artificial intelligence to the drug development process. The new round was led by Thrive Capital with participation from Google Ventures. The London-based AI company will receive follow-on capital from existing investor Alphabet. Isomorphic was spun out of Google DeepMind in 2021. “This funding will further turbocharge the development of our next-generation AI drug design engine, help us advance our own programs into clinical development, and is a significant step forward towards our mission of one day solving all disease with the…
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Make no mistake about it, there is a lot of money being spent on generative AI in 2025. Analyst firm Gartner released a new report today forecasting that global gen AI spending will hit $644 billion in 2025. That figure represents a 76.4% year-over-year increase over gen AI spending in 2024. Gartner’s report joins a chorus of other industry analyses in recent months that all point to increasing adoption and spending for gen AI. Spending has been growing by 130%, according…
This month, ChatGPT unveiled a new image generator as part of its 4o model that is a lot better at generating text inside images. People are already using it to generate fake restaurant receipts, potentially adding another tool to the already-extensive toolkit of AI deepfakes used by fraudsters. Prolific social media poster and VC Deedy Das posted on X a photo of a fake receipt for a (real) San Francisco steakhouse that he says was created with 4o. You can use 4o to generate fake receipts.There are too many real world verification flows that rely on “real images” as proof.…
The following companies are expected to report earnings after hours on 04/23/2025. Visit our Earnings Calendar for a full list of expected earnings releases.International Business Machines Corporation (IBM)is reporting for the quarter ending March 31, 2025. The computer company’s consensus earnings per share forecast from the 8 analysts that follow the stock is $1.42. This value represents a 15.48% decrease compared to the same quarter last year. In the past year IBM has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 5.09%. Zacks Investment Research reports that the…
Wednesday, April 23, 2025Markets finished today’s session thankfully higher for a second-straight day — something that’s been hard to come by of late. We’re off morning highs, which were particularly robust on a new emphasis for a tamed-down trade relationship with China and ratcheted-down animosity toward Fed Chair Jerome Powell. President Trump has also announced tariff exemptions for U.S. car makers on imported Chinese parts.The Dow closed +419 points, +1.07%, the S&P 500 +88 points, +1.67%, the Nasdaq +407 points, +2.50% and the small-cap Russell 2000 +28, +1.53%. In just the past two trading days, the Dow has garnered over…
Matrix multiplications (MatMuls) are pervasive throughout modern machine learning architectures. However, they are also very resource intensive and require special accelerators (GPUs). This paper explores architectures that do away with MatMuls and use quantization and recurrence to keep performance up. OUTLINE: 0:00 – Intro 2:30 – MatMul is everywhere 5:55 – Ternary accumulation as a substitute for matrix multiplication 16:35 – Replacing attention layers with recurrent layers 32:40 – Replacing dense layers with ternary channel mixing 38:30 – Language modelling results & scaling laws 45:00 – Other experimental results 48:20 – Conclusion Paper: Code: Abstract: Matrix multiplication (MatMul) typically dominates…