Cerebras Systems has filed for a US initial public offering, but this alleged Nvidia competitor has multiple risk factors and depends on one UAE-based customer, Group 42 Holding, for 87% of its revenue.
Liquid AI, an MIT spinoff, launched its Liquid Foundation Models (LFM) in three sizes without using the current transformer architecture used by large language models (LLMs) with good performance. That efficiency could mean that LFMs will use less power and be more sustainable.
Intuit is operating on one data and AI platform that enables it to select up to 10 large language models for various consumer and business use cases via its Generative AI Operating System (GenOS).
Agentic AI is going to hit sprawl quickly, boardrooms are being reconstituted over fears of being left behind, genAI is still mostly an experiment with fuzzy returns and old-school issues like change management still determine whether companies successfully move from pilot to production.
AMD is starting to land hyperscale deals for its AMD Instinct MI300X AI accelerators with ROCm open software and the wins portend more competition for Nvidia.
Accenture CEO Julie Sweet said enterprises aren't increasing IT budgets for generative AI, but are looking to save money on technology and reallocate spending toward genAI and data projects.
Meta has updated Meta AI with its Llama 3.2 models, launched new Ray Ban smart glasses, Meta Quest 3S and Orion, the company's first augmented reality glasses.
Google Cloud launched a series of updates including new Gemini 1.5 Flash and 1.5 Pro models with a 2 million context window, grounding with Google search, premade Gems in Gemini in Google Workspace and a series of AI agents designed for customer engagement and conversation.
Do-it-yourself AI projects are alive and well as CxOs are trying multiple approaches for generative AI, getting some projects to production and looking for better returns, according to a pop-up attendee survey at Constellation Research's AI Forum.
Chris Nicholas, President and CEO Sam's Club, said artificial intelligence is enabling the company to "take 100 million tasks out of our clubs" even though it has more associates.
Boomi CEO Steve Lucas said that the number of AI agents will outnumber the number of people in your business in less than three years.
Enterprises that are leaders in artificial intelligence are evolving quickly and laying out plans for their next phases. The next phase of genAI deployments revolve around integrating AI into the business, optimizing processes, agility and scale. You should watch these companies closely for the road ahead.
