Research Note: IBM Q2 2024 Earnings
IBM reported a robust second quarter, surpassing expectations across key financial metrics. The company continues to capitalize on its hybrid cloud and AI strategy, driving solid performance in software and infrastructure. However, consulting services experienced slower growth due to macroeconomic challenges.
Let OpenAI GPT-4o Mini Introduce Itself
We usually write our own content, using LLMs to help refine our research, but in honor of OpenAI releasing its new GPT-4o Mini language model just a day after Meta released its Llama 3.1, and on the same day Mistral releases its new Mistral Large 2, we’ll let GPT 4o Mini tell you about itself.
Research Note: 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.
Quick Take: Micron 9550, The Industry’s Fastest Data Center SSD
Micron today announced its new 9550 NVMe SSD, setting a new benchmark as the industry’s fastest data center SSD. The new SSD meets the stringent demands of modern data centers, particularly those supporting AI and other performance-sensitive workloads.
Research Note: NVIDIA AI Factory & NIM Inference Microservices
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 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 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 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 announced the release of Cloud Editions (CE) 24.3, a significant updated integrating advanced information management, trusted cloud solutions, robust security measures, and AI.
Cerabyte Expands to the USA with Innovative Data Storage Technology
Cerabyte, a start-up focused on advancing ceramic-based long-term archival storage solutions, announced its expansion into the United States with its unique, accessible permanent data storage technology.