Paul Gillin
Latest from Paul Gillin
Magic Research says its private AI platform cuts inference costs by 90%
Magic Research LLC, a holding company for commercial artificial intelligence research and software development, has launched an artificial intelligence platform for on-premises use that it claims can cut costs by up to 90% from comparable cloud-based services. Called Private AI, the platform is intended to give organizations complete control over their data, infrastructure and brand ...
Databricks’ valuation hits $100B with latest funding round
Data analytics and artificial intelligence startup Databricks Inc. said it has reached terms to raise an unspecified amount of venture capital in a Series K round that values the company at more than $100 billion. The prospective funding comes just seven months after the company closed a $10 billion Series J round and $5.25 billion ...
Confluent Cloud brings real-time data to AI agents
Confluent Inc., maker of a platform for building and managing real-time data streaming pipelines using Apache Kafka, is offering a boost to organizations in financial services, healthcare, advertising and other time-dependent industries with today’s launch of Streaming Agents, a new capability in the company’s Confluent Cloud for Apache Flink. The feature is intended to help organizations ...
A Michigan elementary school is kicking off a new era of generative design
When Mt. Hope Elementary in Lansing, Michigan, opened its doors early this month, the ribbon-cutting wasn’t the only first. Beneath its floors and behind its walls lies 11,000 feet of electrical raceways precisely routed by artificial intelligence. For Francesco Iorio, the project caps a six-year-long journey to prove that AI can tackle the scale, complexity ...
AI infrastructure deals fuel strong earnings for Cisco
Strong artificial intelligence infrastructure orders carried Cisco Systems Inc. to fiscal fourth-quarter revenues and earnings that beat analysts’ estimates and marked a strong finish to the fiscal year. Quarterly revenue of $14.7 billion was up 8% from $13.64 billion last year and ahead of analyst estimates of $14.62 billion. Net income of $4 billion, or ...
Dell and HPE extend AI infrastructure lines with new Nvidia-powered systems
Two of the largest enterprise infrastructure vendors announced product line expansions designed to give customers more options for deploying artificial intelligence workloads at scale. New offerings from Dell Technologies Inc. and Hewlett Packard Enterprise Co. include systems and software updates that incorporate Nvidia Corp.’s latest graphics processing unit technology and AI software, alongside tools from ...
From prison to salesforce: a call center model that’s helping reduce recidivism to near zero
Turnover rates in the average contact center run between 30% and 45% annually due to the stressful work environment, low pay, limited opportunities for advancement, and the repetitive nature of the work. That makes Televerde LLC’s value proposition unique. Its employees can’t leave until the criminal justice system lets them. For more than 30 years, ...
Extreme Networks CEO sees competitor disruption and its new AI platform driving growth
Extreme Networks Inc. is riding a wave of market recovery, competitor upheaval and the launch of a new artificial intelligence-driven networking platform to position itself for continued growth, Chief Executive Ed Meyercord said in an interview with SiliconANGLE following the company’s strong quarterly earnings report. The Morrisville, North Carolina-based networking firm earlier this week reported ...
Oracle high-availability Exadata service targets AI and location-sensitive use cases
Oracle Corp. today announced that the Globally Distributed Exadata Database on Exascale Infrastructure offering it announced early this year is now generally available. The service is aimed at artificial intelligence-driven applications and those requiring high levels of uptime and reliability while running across cloud regions. It combines global data distribution with Exascale’s serverless architecture to support ...
Chief AI role gains traction as firms seek to turn pilots into profits
A growing number of organizations are appointing chief artificial intelligence officers and seeing an average of 10% greater return on investment in AI spending and 24% greater innovation compared to their peers — but most organizations remain stuck in pilot mode and struggle to scale AI initiatives more broadly. Those are among the findings of ...