Don't forget the non-technical costs with generative AI projects as there are a bevy of ongoing maintenance to consider, said Lori Walters, Vice President, Claims and Operations Data Science at The Hartford.
Last quarter, HPE took its lumps over supply chain issues that hampered its AI server sales. In the second quarter, AI systems revenue more than doubled sequentially.
Databricks said it has acquired Tabular, a data management company founded by the original creators of Apache Iceberg. The companies said they're aiming to combine their open-source cred to build interoperable data formats.
Snowflake fleshed out more of its artificial intelligence strategy and announced a bevy of data management tools designed to advance enterprise AI while keeping its data analytics base in the fold.
SAP said it is infusing its Joule generative AI assistant throughout its platform and applications as it made the case that the company is using AI to drive business value.
AMD outlined its AI GPU roadmap and moved to an annual cadence as it aims to compete with Nvidia.
The great generative AI boom for enterprise software isn't happening yet as sales cycle grow longer due to platform bets, macroeconomic conditions and cost of capital crimping budgets.
Nvidia CEO Jensen Huang outlined the company's roadmap through 2027 including a new GPU platform called Rubin, a new CPU in Vera and networking gear. Huang added that Nvidia will follow an annual cadence.
MongoDB cut its second quarter and fiscal 2025 outlook as the company said it saw slower than expected demand for Atlas consumption and new workloads.
Arm is launching CSS (Compute Subsystem) for Client, an integrated set of technologies that aims to optimize AI workloads on edge devices. The effort reflects how more AI workloads are going to be distributed to edge devices such as PCs and smartphones.
Amazon Bedrock from AWS will be embedded into SAP's generative AI hub as the two companies expanded a long-running partnership. SAP will also use AWS Graviton3, Trainium and Inferentia chips for SAP HANA Cloud and SAP Business AI workloads.
Microsoft and its merry band of PC makers launched AI PCs at scale. The launch of Copilot+ PCs, ahead of Microsoft Build 2024, was notable for a host of reasons once you get past how executives were a bit obsessed with outperforming Apple's MacBook.
