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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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Computex 2024: NVIDIA unveils ambitious AI roadmap with Rubin and Blackwell

Dataconomy

At Computex 2024, Jensen Huang, unveiled the company’s ambitious plan to enhance its AI accelerators annually, highlighting the NVIDIA Rubin platform. However, the company aims to diversify its customer base beyond the cloud-computing titans that constitute a significant portion of its revenue. Microsoft Corp.

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

GeekWire

Zeno said its tests confirmed that the company’s technology can increase the specific power of its heat source compared with previously available strontium-90 heat sources. If Zeno sticks to its proposed schedule, the Harmonia power system could be demonstrated on the lunar surface in 2027.

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

GeekWire

And although the company’s HQ is in Austin, Texas, it has plenty of connections to Seattle-area tech leaders including Microsoft co-founder Bill Gates. “The reason why we chose Austin [for the company’s headquarters] was really for access to hardware engineers,” Bowen said. ”

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

GeekWire

And although the company’s HQ is in Austin, Texas, it has plenty of connections to Seattle-area tech leaders. “The reason why we chose Austin [for the company’s headquarters] was really for access to hardware engineers,” Bowen said. “We’re hoping to hit market by 2027,” he said.

CTO 79
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Self-driving startup Aurora will raise $2 billion in SPAC merger

The Verge

Self-driving technology startup Aurora, which was founded by the former head of Google’s autonomous vehicle program, is the latest company to announce that it’s going public by merging with a special purpose acquisition company (or SPAC). Aurora expects to lose money until at least 2027, which is why the SPAC merger is crucial.

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Top 6 EdTech Innovation Trends that are Revolutionizing Learning

Kitaboo

This technology can range from computer hardware, software, UX/ UI, and harnessing digital publishing ecosystems to create and distribute educational content as well as track its effectiveness. . By 2027, global EdTech and smart classrooms are projected to grow from a $125.3 What is EdTech? billion industry in 2022 to $232.9

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