Nvidia reports stratospheric growth as AI boom shows no sign of stopping

Nvidia reported record quarterly revenue Wednesday on the back of the explosion in corporate appetite for artificial intelligence.“The next industrial revolution has begun – companies and countries are partnering with Nvidia … to produce a new commodity: artificial intelligence,” said Jensen Huang, founder and CEO of Nvidia.The company brought in $26bn in revenue in the first quarter of fiscal year 2025, up 18% from Q4 and up 262% from a year ago. Net profit was $14.88bn, up from $2bn a year before.The AI chip maker, whose fortunes are interpreted as a bellwether for the AI transformation under way, reported earnings…
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Scale AI Raises $1B In Accel-Led Round; Hits $13.8B Valuation

Scale AI Raises $1B In Accel-Led Round; Hits $13.8B Valuation

Scale AI raised $1 billion in a round led by Accel that values the data labeling and evaluation startup at a stunning $13.8 billion. The valuation is nearly double the $7.3 billion the San Francisco-based startup hit after a $325 million raise in April 2021. The new financing included some of the biggest names in tech, with Nvidia, Meta and Amazon all investing. Others existing investors participating in the round included Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, Tiger Global, Greenoaks Capital and Wellington Management, as well as new investors Cisco Investments, DFJ Growth,…
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Has Codeium Cracked the Code for AI Assistants?

Has Codeium Cracked the Code for AI Assistants?

(AI generated/Shutterstock) When it comes to AI-powered coding assistants, Microsoft’s Copilot has the name and the numbers. But a competitor called Codeium is growing quickly, and according to its co-founder and CEO Varun Mohan, the sky is the limit for AI assistants. Codeium started life in 2021 as Exafunction, an infrastructure startup that provided big compute for other companies developing deep learning systems. Mohan and his business partner, Douglas Chen, managed 10,000 GPUs on behalf of autonomous vehicle development companies, an industry they previously worked in. But by late 2022, ChatGPT had exploded onto the scene, and Mohan and Chen…
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Desvendando o Futuro do Desenvolvimento de Aplicativos com .NET MAUI

Desvendando o Futuro do Desenvolvimento de Aplicativos com .NET MAUI

No mundo dinâmico e em constante evolução do desenvolvimento de software, a busca por frameworks eficientes e versáteis é incessante. É nesse contexto que o .NET MAUI (Multi-platform App UI) surge como uma verdadeira revolução, proporcionando uma plataforma unificada para a criação de aplicativos nativos que funcionam em diversas plataformas. Neste artigo, vamos explorar as vantagens e inovações que o .NET MAUI traz para os desenvolvedores e como ele pode transformar sua abordagem ao desenvolvimento de aplicativos. O que é o .NET MAUI? .NET MAUI é a evolução do Xamarin.Forms, projetado para simplificar o desenvolvimento de aplicativos que podem ser…
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AI can make up songs now, but who owns the copyright? The answer is complicated

AI can make up songs now, but who owns the copyright? The answer is complicated

Artificial intelligence (AI) text and image generation tools have now been around for a while, but in recent weeks, apps for making AI-generated music have reached consumers as well. Just like other generative AI tools, the two products – Suno and Udio (and others likely to come) – work by turning a user’s prompt into output. For example, prompting for “a rock punk song about my dog eating my homework” on Suno will produce an audio file (see below) that combines instruments and vocals. The output can be downloaded as an MP3 file. Rebellious Ruff - Suno - A song…
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Starburst to release its Iceberg-based lakehouse as a managed service – SiliconANGLE

Starburst to release its Iceberg-based lakehouse as a managed service – SiliconANGLE

Starburst Data Inc., which sells a commercial version of the open-source Trino distributed query engine, today announced a fully managed Icehouse data lake on its Galaxy cloud. Icehouse is an open-source lakehouse that combines Trino and Apache Iceberg storage. A lakehouse is a new type of data architecture that combines the flexibility of data lakes with the performance of data warehouses. Iceberg is an open-source data table format designed for data warehouses and data lakes that supports SQL tables on large amounts of storage. Iceberg’s schema evolution feature allows the data structure of tables to change over time. It keeps…
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Data Machina #245

Data Machina #245

The GenAI RAG House Revisited. Since Facebook AI introduced RAG three years ago, RAG systems have evolved from Naive to Advanced, and then to Modular RAG. But Modular RAG also added more complexity, components, interfaces, etc. to the LLMOps pipeline. Many naive RAG and advanced RAG projects never made it to prod. I know many companies that have spent a lot effort and money in building enterprise RAG apps, only to realise they couldn’t produce accurate, reliable results at a manageable cost. Building a RAG system that is scalable, cost-efficient, accurate, and modular requires deep expertise. Here are a few…
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AI and Open Source in 2023

AI and Open Source in 2023

We are slowly but steadily approaching the end of 2023. I thought this was a good time to write a brief recap of the major developments in the AI research, industry, and open-source space that happened in 2023. Of course, this article is only a glimpse of the most relevant topics that are on the top of my mind. I recommend checking out the monthly Research Highlights and Ahead of AI #4-12 issues in the Archive for additional coverage.This year, we have yet to see any fundamentally new technology or methodology on the AI product side. Rather, this year was largely…
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