ServiceNow posts strong Q1 touts genAI uptake
ServiceNow posted strong first quarter results and said its genAI offerings are the "fastest selling in the company’s history."
Data to decisions examines the enablement of data-driven decisions across organizations. Holistic, data-informed decisions require a multi-disciplinary approach that combines performance monitoring with traditional business intelligence and analytic technologies. In addition, data-driven decisions are increasingly delivered in the context of business applications rather than in separate, analytic interfaces.
ServiceNow posted strong first quarter results and said its genAI offerings are the "fastest selling in the company’s history."
IBM said it will acquire HashiCorp in a deal valued at $6.4 billion as it builds out its infrastructure and security lifecycle management tools to go along with its hybrid cloud and AI portfolio.
The Moderna example is an illustration of how OpenAI is scaling its enterprise efforts beyond the reach it has with Microsoft.
Run.ai's platform is Kubernetes-based and will help Nvidia customers distribute workloads across cloud, edge and data center infrastructure.
Snowflake launched Arctic, an open-source large language model (LLM) optimized for enterprise workloads and efficiency. The move highlights how data platforms are increasingly launching LLMs to combine with their data platforms.
The ability to import custom models and evaluate them plays into the broader themes of generative AI choice and orchestration. AWS' Bedrock bet is that enterprises will use multiple models and need a neutral platform to orchestrate them.
SAP reported a first quarter loss due to a restructuring charge but said its cloud revenue was up 24% with cloud ERP revenue growth of 32%. SAP said its cloud backlog was €14.2 billion, up 27% from a year ago.
Verizon CEO Hans Vestberg is splitting the telecom giant's AI use cases in three buckets: Optimizing processes, product experiences and revenue growth.
Informatica said its first quarter results will be at the upper end of its guidance given in February and is "not currently engaged in any discussions about being acquired."
Generative AI use cases are proliferating in financial services to illustrate a trend that's a bit counterintuitive--heavily regulated industries appear to be better set up for artificial intelligence because they have their data and controls in order.
Equifax said it is deploying Google Cloud's Vertex AI platform across its systems as it accelerates data ingestion as well as new product launches.