Tech giant Apple has introduced its latest innovation, the Apple Intelligence system, designed to enhance AI capabilities across its operating systems. Unlike creating its own large language model (LLM), Apple Intelligence amalgamates on-device small language models with access to established LLMs, initially partnering with Chat GPT.
Swisscom, known for its seamless integration of Swiss precision and innovation, has taken a leap into the realm of artificial intelligence with the launch of its Swiss AI Platform. This modular platform promises to be a one-stop solution for all AI needs, blending the renowned reliability of Swiss infrastructure with cutting-edge technology from Nvidia.
Cisco has unveiled a $1 billion fund dedicated to investing in AI startups, marking a significant move to strengthen its presence in the AI industry. CEO Chuck Robbins made the announcement at the company’s “Cisco Live” event in Las Vegas, emphasizing that the investment, though modest by AI standards, aims to foster innovative solutions and assist businesses in navigating the AI landscape.
Tech giant Microsoft is supercharging Sweden’s leap into the future with a hefty $3.2 billion investment. This two-year commitment will focus on expanding the company’s cloud and artificial intelligence (AI) capabilities within the country.
Global revenue from AI semiconductors is projected to reach $71 billion in 2024, marking a 33% increase from the previous year, according to a recent Gartner report. Gartner also anticipates that AI-equipped PCs will constitute 22% of total PC shipments in 2024. By the end of 2026, all enterprise PC purchases are expected to feature AI capabilities.
Zoom has unveiled a series of new features across Zoom Workplace, including enhanced capabilities of its AI Companion in Zoom Meetings and Zoom Team Chat. The AI Companion, Zoom’s generative AI assistant, now offers features like drafting quick replies in Team Chat and providing customizable notices, all at no additional cost.
Telefónica Tech has entered into a collaboration with Microsoft to enhance its cybersecurity services by incorporating Microsoft’s AI tools. This partnership aims to provide customers with proactive, integrated, and automated real-time security management.
Softbank, the Japanese telecommunications giant, is gearing up to bolster its supercomputing capabilities in a bid to support its ambitious generative AI (GenAI) strategy. As reported by Nikkei, Softbank plans to allocate JPY150 billion ($960 million) over the next two years towards upgrading its computing infrastructure, a significant leap from the JPY20 billion invested last year.
Fujitsu Limited and Oracle have joined forces to introduce innovative cloud and AI capabilities tailored to the digital sovereignty needs of Japanese enterprises and government agencies. This collaboration focuses on leveraging Oracle Alloy to enhance Fujitsu’s Hybrid IT offerings, particularly its Fujitsu Uvance platform designed to assist clients in business growth and societal problem-solving.
The smartphone industry is gearing up for a seismic shift as generative Artificial Intelligence (GenAI) capabilities become mainstream. According to the latest forecast from Counterpoint Research, the global shipment of GenAI-capable smartphones is expected to grow at an impressive compound annual growth rate (CAGR) of 65% between 2024 and 2027.
