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Tag: investment

  • Cloud Blog: An efficient path to production AI: Kakao’s journey with JAX and Cloud TPUs

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    Kurt Seifried
    in

    Source URL: https://cloud.google.com/blog/products/infrastructure-modernization/kakaos-journey-with-jax-and-cloud-tpus/ Source: Cloud Blog Title: An efficient path to production AI: Kakao’s journey with JAX and Cloud TPUs Feedly Summary: When your messaging platform serves 49 million people – 93% of South Korea’s population – every technical decision carries enormous weight. The engineering team at Kakao faced exactly this challenge when their existing…

  • The Register: GenAI FOMO has spurred businesses to light nearly $40 billion on fire

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    by

    Kurt Seifried
    in

    Source URL: https://www.theregister.com/2025/08/18/generative_ai_zero_return_95_percent/ Source: The Register Title: GenAI FOMO has spurred businesses to light nearly $40 billion on fire Feedly Summary: MIT NANDA study finds only 5 percent of organizations using AI tools in production at scale US companies have invested between $35 and $40 billion in Generative AI initiatives and, so far, have almost…

  • Slashdot: Gamblers Now Bet on AI Models Like Racehorses

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    Kurt Seifried
    in

    Source URL: https://news.slashdot.org/story/25/08/18/1655234/gamblers-now-bet-on-ai-models-like-racehorses?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Gamblers Now Bet on AI Models Like Racehorses Feedly Summary: AI Summary and Description: Yes Summary: The text highlights a significant rise in trading volume related to AI prediction markets, indicating growing interest and investment in the realm of AI regulations and developments. This trend is noteworthy for professionals…

  • Slashdot: Foxconn Now Making More From Servers than iPhones

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    Kurt Seifried
    in

    Source URL: https://apple.slashdot.org/story/25/08/15/0631212/foxconn-now-making-more-from-servers-than-iphones?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Foxconn Now Making More From Servers than iPhones Feedly Summary: AI Summary and Description: Yes Summary: The report highlights Foxconn’s significant shift in revenue generation, with its AI server production now surpassing its traditional consumer electronics revenues. This shift emphasizes the growing market demand for AI infrastructure, indicating a…

  • The Register: Why the UK public sector still creaks along on COBOL

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    Kurt Seifried
    in

    Source URL: https://www.theregister.com/2025/08/15/cobol_in_the_public_sector_feature/ Source: The Register Title: Why the UK public sector still creaks along on COBOL Feedly Summary: Government: ‘Trust us, it’ll be different this time’ Feature The UK government has gone all-in on AI. More than 50 years after Harold Wilson gave his famous “White heat of technology" speech, this is the hot…

  • The Register: Hungry hyperscalers boosted Cisco’s AI sales by a cool billion bucks

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/08/14/cisco_q4_2025/ Source: The Register Title: Hungry hyperscalers boosted Cisco’s AI sales by a cool billion bucks Feedly Summary: Big Tech is spending vastly more on AI infrastructure but Switchzilla thinks its piece of the pie will be fat and juicy Cisco sold twice as much AI kit as it forecast during its 2025…

  • Tomasz Tunguz: Why Private Equity Firms Are AI’s Perfect Breeding Ground

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    Kurt Seifried
    in

    Source URL: https://www.tomtunguz.com/pe-ai-convergence/ Source: Tomasz Tunguz Title: Why Private Equity Firms Are AI’s Perfect Breeding Ground Feedly Summary: Private equity firms have discovered the ultimate competitive advantage hiding in plain sight. Why are some businesses racing ahead with AI while others struggle to implement even basic automation? Most companies face an impossible choice when considering…