One of Intuit's big bets for the years ahead is to disrupt the mid-market ERP business market with its Intuit Enterprise Suite as it aims to fill a gap between QuickBooks Online Advanced and costly ERP implementations that are required when companies grow.
BioNtech's InstaDeep, which was acquired in 2023 for about $682 million, has released a series of foundational generative AI models for proteins and DNA and released them on its DeepChain platform and outlined a supercluster called Kyber.
Accenture has formed a Nvidia Business Group that will deploy agentic AI using Nvidia's full stack. The move puts some systems integrator heft behind Nvidia's software ecosystem.
NVLM 1.0 will enable smaller enterprises and researchers to piggyback off Nvidia's research.
At its MongoDB.local London event, MongoDB 8.0 went to GA along with other enhancements to the company's Atlas platform. MongoDB 8.0 is available on AWS, Google Cloud and Microsoft Azure through MongoDB Atlas, MongoDB Enterprise Advanced for on-premises users and MongoDB Community Addition.
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.
IBM has installed its second-gen IBM Quantum Heron processors in its Poughkeepsie data center as it builds out its quantum infrastructure.
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.
