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Microsoft looks to boost AI performance in European languages - The Economic Times

Economic Times

Economic Times · 11d ago

Microsoft looks to boost AI performance in European languages - The Economic Times

Microsoft is investing millions of dollars to enhance AI performance in European languages by developing multilingual data, especially in lesser-represented languages like Estonian and Greek. The investment involves setting up research units in Strasbourg to digitize books and record audio. The data will be released as open-source, aiding public use. This initiative aims to preserve cultural diversity, reduce dependency on English, and support European technological sovereignty, amid heightened concerns over US tech dominance.

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Together unveils new fund worth $150 million, to back opportunities in Gen AI space

Economic Times

Economic Times · 2y ago

Together unveils new fund worth $150 million, to back opportunities in Gen AI space

Together has announced the launch of a new fund worth $150 million to invest in opportunities in the generative AI (Artificial Intelligence) space, according to The Economic Times. The fund aims to support advancements and innovations in the field of generative AI and foster the growth of startups working in this domain.The founder-led venture investor looks to back SaaS startups across themes of cybersecurity, devtools and healthcare, apart from AI, with the new fund.

Microsoft is building its own server tech — networking hardware will lessen reliance on Nvidia and possibly supercharge AI speeds

Techradar

Techradar · 1y ago

Microsoft is building its own server tech — networking hardware will lessen reliance on Nvidia and possibly supercharge AI speeds

Microsoft is reportedly developing its own network cards to boost the performance of its Maia AI server chip, according to a report by The Information. The project is believed to be led by Pradeep Sindhu, CVP Silicon at Microsoft and CEO of Fungible. By creating its own network cards, Microsoft could reduce its reliance on Nvidia, a crucial components provider for the industry. The new network card aims to optimize the performance of Microsoft's Maia AI server chip, potentially speeding up training time for OpenAI's models on Microsoft servers and improving cost efficiency.

Google launches Bard Chatbot in over 40 languages, including EU

Startup News FYI

Startup News FYI · 2y ago

Google launches Bard Chatbot in over 40 languages, including EU

Google has launched a chatbot called Bard that can converse in over 40 languages, including several European languages. Bard utilizes advanced AI technology and Natural Language Processing to provide users with accurate and helpful responses. The chatbot aims to bridge language barriers and improve access to information for users across different regions, offering a seamless conversational experience in multiple languages.

Arm's new super powerful Neoverse V3 CPU core obliterates previous generation and should get Intel and AMD worried — HBM and CXL support, 128 cores per socket, hyperscalers will be salivating

Techradar

Techradar · 1y ago

Arm's new super powerful Neoverse V3 CPU core obliterates previous generation and should get Intel and AMD worried — HBM and CXL support, 128 cores per socket, hyperscalers will be salivating

Chip manufacturer Arm has introduced its third-generation Neoverse CPU cores, including the high-performance Neoverse V3, the power-efficient Neoverse N3, and the Neoverse E3 for edge computing. The Neoverse V3 offers a 9%-16% performance uplift compared to the previous generation in typical server workloads and an 84% improvement in AI data analytics. The Neoverse N3 provides a balance between performance and power consumption with a 9%-30% increase over its predecessor and a 196% boost in AI data analytics. Arm's Neoverse CSS platforms, with integrated components, are becoming increasingly popular among partners, including Microsoft.

Intel previews 288-cores Xeon CPU to support 'AI Everywhere' — and yes, it is taking the lead on core count for now

Techradar

Techradar · 1y ago

Intel previews 288-cores Xeon CPU to support 'AI Everywhere' — and yes, it is taking the lead on core count for now

Intel has showcased its latest Xeon hardware, called Sierra Forrest, at MWC 2024 in Barcelona. The chips will be available in the second half of 2024, with the most powerful Xeon processor, Granite Rapids-D, expected to release in 2025. The Granite Rapids-D processors will offer enhanced performance for AI processing, reducing costs and power consumption. The Sierra Forest processors will arrive later this year, providing up to 288 cores and using E-core technology to boost performance for 5G workloads by 2.7 times per rack. Intel aims to help customers leverage AI opportunities and achieve their infrastructure goals.

Microsoft's focus on monetizing its AI investments is a sign of tech's shifting strategy

Business Insider

Business Insider · 1y ago

Microsoft's focus on monetizing its AI investments is a sign of tech's shifting strategy

Microsoft is considering an overhaul of the pricing structure for its Microsoft 365 suite of tools, aiming to incorporate AI features and create a more expensive bundle. The move comes as the tech giant looks to capitalize on its investments in AI. Microsoft will discuss potential changes this summer and hopes to decide before September. The company has already achieved a $3 trillion valuation thanks in part to its investments in AI, but now needs to find a way to generate revenue from these tools. Microsoft 365 is viewed as a potential starting point for driving AI-related revenue.

India should build foundational models for AI, but investment is real entry barrier: Nadella

Economic Times

Economic Times · 6m ago

India should build foundational models for AI, but investment is real entry barrier: Nadella

Microsoft CEO Satya Nadella emphasized the need for India to engage in foundational AI work, despite investment barriers. He advocated for unique advancements, particularly in Indic languages and industry transformation. Nadella suggested leveraging India's academic and research strengths, including Microsoft Research. Investment is critical, yet strategic choices and cost-lowering through research could overcome challenges. Microsoft announced partnerships to drive AI innovation in India, including collaborations with RailTel, Apollo Hospitals, and India AI.

Microsoft and Meta Platforms lead Wall Street higher

Economic Times

Economic Times · 3m ago

Microsoft and Meta Platforms lead Wall Street higher

Microsoft and Meta Platforms spearheaded Wall Street's surge, with both companies surpassing profit expectations due to strong performances in cloud computing, AI, and advertising revenue, respectively. Consequently, the S&P 500 recorded its longest streak of gains since August, while the Nasdaq composite jumped 1.5%. Despite uncertainties over President Trump's trade policies and potential economic repercussions, several companies, including CVS Health, reported better-than-anticipated earnings. Meanwhile, economic indicators presented a mixed view of the U.S. economy's performance.

EU sees 'convergence' with Japan on AI: official

Economic Times

Economic Times · 1y ago

EU sees 'convergence' with Japan on AI: official

The European Union (EU) and Japan are showing convergence in their approach to generative artificial intelligence (AI), according to European Commission Vice-President Vera Jourova. While the EU has implemented strict regulations on AI with its AI Act, Japan is adopting more flexible guidelines for economic growth. The EU and Japan are deepening their cooperation on AI, cybersecurity, and chips for economic security. Discussions within the Group of Seven (G7) industrial powers are underway to establish guidelines and a code of conduct for companies involved in AI.

Delighted to seal historic India-UK trade deal with UK PM Starmer: PM Modi

Business Today

Business Today · 2m ago

Delighted to seal historic India-UK trade deal with UK PM Starmer: PM Modi

PM Modi expressed his delight in concluding a historic Free Trade Agreement with UK PM Keir Starmer. Along with a Double Contribution Convention, these agreements aim to enhance the Comprehensive Strategic Partnership between India and the UK. The deals are expected to boost trade, investment, growth, job creation, and innovation, further strengthening the economic ties between the two nations. PM Modi looks forward to welcoming PM Starmer to India soon.

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