Research Note: Meta Llama 3.1

Meta Llama 3.1

Meta recently released its new Llama 3.1 large language model, setting a new benchmark for open-source models. This latest iteration of the Llama series enhances AI capabilities while underscoring Meta’s continuing commitment to democratizing advanced technology. Along with the updated model, Meta also released a new suite of ethical AI tools.

Research Note: NVIDIA AI Factory & NIM Inference Microservices

NVIDIA

NVIDIA announced its new NVIDIA AI Foundry, a service designed to supercharge generative AI capabilities for enterprises using Meta’s just-released Llama 3.1 models, along with its new NIM Inference microservices.

The new offerings significantly advance the ability to customize and deploy AI models for domain-specific applications.

Research Note: NTT Data’s New AI Edge Platform

NTT Data

NTT Data unveiled its new Edge AI platform, which aims to accelerate IT/OT convergence by bringing AI processing to the edge. The fully managed solution enables real-time decisions, enhances operational efficiencies, and deploys secure AI applications across various industries, driving the adoption of advanced Industry 4.0 technologies.

Quick Take: SAP’s Strong Q2 Earnings

SAP Q2 24 Earnings

SAP SE delivered robust earnings and guidance largely in-line with analyst estimates for the second quarter of 2024, highlighted by strong cloud momentum and significant growth in key financial metrics.

Research Note: Mistral NeMo 12B Small Language Model

Mistral AI

Mistral AI and NVIDIA launched Mistral NeMo 12B, a state-of-the-art language model for enterprise applications such as chatbots, multilingual tasks, coding, and summarization. The collaboration combines Mistral AI’s training data expertise with NVIDIA’s optimized hardware and software ecosystem, offering high performance across diverse applications.

Quick Take: OpenText Cloud Editions (CE) 24.3

OpenText

OpenText announced the release of Cloud Editions (CE) 24.3, a significant updated integrating advanced information management, trusted cloud solutions, robust security measures, and AI.

Research Note: NetApp Updates Cloud Offerings

NetApp

NetApp announced new capabilities designed for strategic cloud workloads, including GenAI and VMware, to help reduce the resources and risks for managing these workloads in hybrid multi-cloud environments.

Research Note: AWS Updates Bedrock

AWS

Amazon Web Services (AWS) announced a series of significant enhancements to its Bedrock platform aimed at bolstering the capabilities and reliability of generative AI applications. These enhancements focus on improved data connectivity, advanced safety features, and robust governance mechanisms.

Research Note: AMD Acquires Silo AI

Deal

AMD announced a definitive agreement to acquire Silo AI, Europe’s largest private AI lab, for approximately $665 million in an all-cash transaction. This acquisition aligns with AMD’s strategy to deliver end-to-end AI solutions based on open standards, enhancing its partnership with the global AI ecosystem.