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Three predictions for AI and automation business adoption

CIO Business Intelligence

In 2023, enterprises worldwide spent $166 billion on AI solutions (AI software, hardware, and services), but that spending is expected to grow 27% per year to $423 billion by 2027, according to IDC’s report. Hardware spending will drive up the cost of AI adoption,” said Fleming. “So

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Zeno demonstrates an innovative type of radioisotope heat source for off-grid power

GeekWire

Zeno’s design could generate more power with less bulk, opening the way for a wider range of applications. In only five years, Zeno Power went from its founding to fabrication of nuclear hardware, which is notably fast for the nuclear industry,” Boles said in a news release.

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Gates-backed Neurophos raises $7M to create metamaterials-based chips for AI

GeekWire

(Neurophos Photo) A semi-stealthy startup called Neurophos says it’s raised $7 million in seed funding to support the development of a chip that makes use of metamaterials for heavy-duty AI applications. “We’re hoping to hit market by 2027,” he said.

CTO 100
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Stealthy startup Neurophos raises $7M to create metamaterials-based chips for AI

GeekWire

(Neurophos Photo) A semi-stealthy startup called Neurophos says it’s raised $7 million in seed funding to support the development of a chip that makes use of metamaterials for heavy-duty AI applications. “We’re hoping to hit market by 2027,” he said.

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Teraco and VMware are Taking a New Approach to Support the Efforts of South Africa’s Cloud Innovators in Their Quest to Achieve Zero Carbon Emissions

CIO Business Intelligence

Notably, Teraco committed to achieving the use of 50% renewable energy sources by 2027 and 100% renewable energy sources by 2035. If we can run the hardware required for those endeavors with renewable sources of energy, we can collectively make a huge difference.” – Bradley Love, founder and CEO of Network Platforms.

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2021 GeekWire Awards revealed: Big winners, surprise guests, and the best in Pacific NW tech

GeekWire

Stephanie Strong is the founder and CEO of Boulder Care, an app-based addiction treatment program for those suffering from opioid use disorder. It’s the largest investment in an e-bike brand and reflects investor confidence in a global electric bike market expected to nearly double in size to $70 billion by 2027. Winner: Deako.

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