Nvidia CEO: AI’s Next Leap Will Demand 100 Times More Computing Power

Nvidia CEO: AI’s Next Leap Will Demand 100 Times More Computing Power

Nvidia CEO Jensen Huang says the next wave of artificial intelligence will require 100 times more computing power than previous models, driven by advances in reasoning-based AI that processes information step by step to determine the best possible answer. “The amount of computation necessary to do that reasoning process is 100 times more than what we used to do,” Huang told CNBC’s Jon Fortt in … Continue reading Nvidia CEO: AI’s Next Leap Will Demand 100 Times More Computing Power

MongoDB Announces Acquisition of Voyage AI to Enable Organizations to Build Trustworthy AI Applications

MongoDB Announces Acquisition of Voyage AI to Enable Organizations to Build Trustworthy AI Applications

News Release – February 24, 2025 MongoDB to integrate Voyage AI’s industry-leading embedding and reranking models, delivering highly accurate and relevant information retrieval to power sophisticated AI use cases NEW YORK, Feb. 24, 2025 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB), the leading database for modern applications, today announced it has acquired Voyage AI, a pioneer in state-of-the-art embedding and reranking models that power next-generation AI applications. Integrating Voyage AI’s technology … Continue reading MongoDB Announces Acquisition of Voyage AI to Enable Organizations to Build Trustworthy AI Applications

(From left to right) Amine Chouki, Taoufik El Jamali, and Omar AlShoubaki, the co-founders of Journify.io. Image by Journify (Photo: AETOSWire)

Journify Raises $4M to Define the Future of AI-Powered, Privacy-First Data Activation

Press Release – February 24, 2025 – SAN FRANCISCO & DUBAI, United Arab Emirates – Journify, a global provider of Conversion API (CAPI) and Composable Customer Data Platform (CCDP), has secured $4 million in funding. The round was led by global VC firm Silicon Badia, with participation from RZM and other strategic investors. This investment fuels Journify’s mission to empower brands with ethical, data-driven marketing … Continue reading Journify Raises $4M to Define the Future of AI-Powered, Privacy-First Data Activation

Ashish Puri Believes AI Can Reshape Economies but Only If Costs Come Down

Ashish Puri Believes AI Can Reshape Economies but Only If Costs Come Down

Dubai – Ashish (Ash) Puri has spent two decades investing in technology, so he has seen it all. And only a few innovations excite him as much as AI’s potential to reshape the world. In this interview, he explains why Deepseek is a game-changer, how emerging economies can overcome AI’s biggest barriers, and why AI could soon become as commonplace as the smartphone. He also … Continue reading Ashish Puri Believes AI Can Reshape Economies but Only If Costs Come Down

New Coalition aims to put Artificial Intelligence on a more sustainable path

New Coalition aims to put Artificial Intelligence on a more sustainable path

Press Release – Paris, 11 February 2025 – Over 100 partners, including 37 tech companies, eleven countries and five international organizations, have joined forces under the Coalition for Environmentally Sustainable Artificial Intelligence (AI), aiming to ramp up global momentum to place AI on a more environmentally sustainable path. Spearheaded by France, the UN Environment Programme (UNEP) and the International Telecommunication Union (ITU), the Coalition brings together stakeholders across the AI … Continue reading New Coalition aims to put Artificial Intelligence on a more sustainable path