IBM to Introduce Intel’s Gaudi 3 AI Chip in Public Cloud

IBM plans to integrate Intel’s Gaudi 3 AI chip into its public cloud, challenging Nvidia and bolstering AI capabilities.

Midjourney Ventures into Hardware Development

Midjourney Inc. ventures into hardware with expertise in AR/VR, wearables, and generative AI for immersive experiences, expanding beyond AI.

Alibaba Releases Qwen2-VL AI Model with Advanced Video Analysis Capabilities

Alibaba Cloud launches Qwen2-VL, a vision-language model offering video analysis, open-source variants, and potential for device integration.

OpenAI Considers Restructuring Amid New Funding Talks

OpenAI considers corporate restructuring to entice investors with potential removal of profit cap, aiming for over $100B valuation.

Agency AI Raises $2.6M in Pre-Seed Funding

Agency AI raised $2.6M in Pre-Seed funding, aiming to enhance AgentOps.ai for reliable and safe AI agent deployment.

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