Parrot Unveils LLM AI Platform for Court Reporting, Raises $11M Series A Funding

New York — June 20, 2023 – Parrot, a platform for transcribing and managing depositions, made its public debut today announcing $11 million in Series A funding and the release of the first product offering AI-generated deposition summaries to legal professionals. Amplify Partners and XYZ Venture Capital led the round bringing the total funds raised […]

Lenovo Reports AI Infrastructure Revenue Exceeded $2B

June 14, 2023 – RESEARCH TRIANGLE PARK, N.C. – Today, Lenovo (HKSE: 992) (ADR: LNVGY) announced it has reached record annual AI infrastructure revenue of over US$2 billion and unveiled the next phase of its growth strategy, with an additional US$1 billion investment over three years to accelerate AI deployment for businesses. Fueled by increased global […]

TSMC Reports May 2023 Revenue Down 4.9% YoY

HSINCHU, Taiwan, R.O.C. – Jun. 09, 2023 – TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenue for May 2023: On a consolidated basis, revenue for May 2023 was approximately NT$176.54 billion, an increase of 19.4 percent from April 2023 and a decrease of 4.9 percent from May 2022. Revenue for January through May […]

Report: CoreWeave Wins Miscrosoft Deal for GPU Cloud Services Worth Billions

Suddenly, GPU cloud provider CoreWeave is one of the hot tech companies of the week and likely longer. No sooner did the Roseland, NY, startup announce on Wednesday it had secured $200 million in a series B venture round extension than the news broke the next day that CoreWeave has signed a deal with Microsoft […]

NVIDIA Teams with Microsoft on Enterprise-Ready Generative AI

NVIDIA has announced that it is integrating its NVIDIA AI Enterprise software into Microsoft’s Azure Machine Learning targeting enterprise AI initiatives. The integration will create a secure, enterprise-ready platform that enables Azure customers worldwide to quickly build, deploy and manage customized applications using the more than 100 NVIDIA AI frameworks and tools that come fully […]

Dell and NVIDIA in Generative AI Initiative

Dell Technologies (NYSE: DELL) and NVIDIA (NASDAQ: NVDA) have announced a joint generative AI initiative designed to make it easier for businesses to build generative AI models on premises. Project Helix will offer various solutions with technical support and pre-built tools based on Dell and NVIDIA infrastructure and software. It includes a blueprint to help […]

D-Wave Reports First Quarter Results

BURNABY, B.C. & PALO ALTO, Calif. – May 19, 2023 – D-Wave Quantum Inc., (NYSE: QBTS) (“D-Wave” or the “Company”) a commercial quantum computing systems, software and services company, today announced financial results for its first quarter ended March 31, 2023.   “Our first quarter results reflect our continued measured progress across key business initiatives including commercial customer […]

ISC 2023: HPC Experts’ Thoughts on Making the Most of the Conference

ISC 2023, one of the biggest supercomputing confabs of the year, will be held May 21-25 in Hamburg, and for those days the conference will be the place to be in HPC. If last year’s ISC marked a big step in coming out from under the pandemic shadow, let’s hope this year’s event leaves it completely behind us. ISC 2023 will have 147 exhibitors, 15 percent more than last year, along with hundreds of items on the conference’s extensive agenda: keynotes, sessions, off-site events – all that. Getting the most of the conference calls for good time management and good judgment. As an assist to attendees we spoke with three industry thought leaders – Katie Antypas of NERSC, Earl Joseph of Hyperion Research and Addison Snell of Intersect360 Research – about conference events, keynotes and potential news developments they think will be worthy of your attention.

Intersect360 Research: HPC Market Up 8% in 2022 in Return to Pre-Pandemic Growth

SUNNYVALE, CA — May 18, 2022— HPC and hyperscale industry analyst firm Intersect360 Research today said the traditional worldwide high performance computing market totaled $38.1 billion at the end of 2022, a year-over-year increase of 8.1 percent from 2021. The expanded HPC-AI market grew 11.3 percent, reaching $44.4 billion last year. In its newly-released report, Worldwide […]

RIKEN and Intel Aim for Zettascale in Joint R&D for HPC, AI and Quantum

May 18, 2023 — RIKEN and Intel Corporation have announced joint R&D  in the field of advanced computing technologies, such as AI, HPC and quantum computing. As part of the agreement, RIKEN will also engage with Intel Foundry Services to create prototypes of these new solutions. Collaboration areas include technologies in the fields of supercomputers and […]