Here is IT Digest’s weekly roundup of the top news from global markets. In this fast-paced world, breaking down information helps readers grasp the nuances that follow the news.
In Hardware and Network news this week…
CEVA Doubles Down on Generative AI with Enhanced NeuPro-M NPU IP Family
CEVA, Inc, the leading licensor of wireless connectivity, smart sensing technologies and custom SoC solutions, announced its enhanced NeuPro-M NPU family, directly addressing the processing needs of the next era of Generative AI with industry-leading performance and power efficiency for any AI inferencing workload, from cloud to the edge. The NeuPro-M NPU architecture and tools have been extensively redesigned to support transformer networks in addition to CNNs and other neural networks, as well as support for future machine learning inferencing models. This enables highly-optimized applications leveraging the capabilities of Generative and classic AI to be seamlessly developed and run on the NeuPro-M NPU inside communication gateways, optically connected networks, cars, notebooks and tablets, AR/VR headsets, smartphones, and any other cloud or edge use case.
In Business Technology news this week…
Apptio Launches New Targetprocess Solutions to Accelerate Agile Transformations and Shift from Project to Product
Apptio, the leading technology spend and value management company, launched a set of new capabilities to its Targetprocess product allowing organizations to accelerate Agile transformations and achieve greater business agility. New solutions include templates that enable organizations to smoothly transition from project-based to product-based funding models and adopt the latest SAFe 6.0 Agile standards while leveraging Apptio Targetprocess’ market-leading budgeting and financial management capabilities.
In Cloud Computing news this week…
Exabeam and Cribl Announce Strategic Partnership to Accelerate Threat Detection, Investigation, and Response
Exabeam, a global cybersecurity leader and creator of New-Scale SIEM for advancing security operations, and Cribl, the data company for IT and Security, announced a new strategic partnership. The partnership enables New-Scale SIEM to more quickly and securely ingest data for enterprises and accelerate deployment. With a shared mission to empower security teams to seamlessly integrate the right data at scale, the Exabeam and Cribl partnership can enable enterprises to better manage high volumes of data, effectively secure their environments, and ultimately help reduce risk and cost.
In Artificial Intelligence news this week…
IBM Plans to Make Llama 2 Available within its Watsonx AI and Data Platform
As part of the continued roll-out of our enterprise-ready AI and data platform, watsonx, IBM plans to host Meta’s Llama 2-chat 70 billion parameter model in the watsonx.ai studio, with early access now available to select clients and partners. This will build on IBM’s collaboration with Meta on open innovation for AI, including work with open source projects developed by Meta – such as the PyTorch machine learning framework and the Presto query engine used in watsonx.data.
In Computer Science news this week…
Qubrid Joins NVIDIA Inception to Accelerate Hybrid Quantum-Classical Computing for AI
Qubrid, a leading quantum computing company solving complex real world problems using its hybrid quantum-classical computing cloud platform, algorithms, applications and research, today announced it has joined NVIDIA Inception, a program that supports companies innovating in artificial intelligence (AI), quantum computing, GPU computing and more. As one of its top initiatives, Qubrid is integrating the NVIDIA cuQuantum SDK, optimized libraries and tools for accelerating quantum computing workflows, and CUDA Quantum, an open-source programming model extending both C++ and Python, into Qubrid’s hybrid quantum-classical cloud platform.
In FinTech news this week….
Virtusa and Thought Machine Launch the SME Customer Onboarding Platform to Streamline Business Banking
Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, in collaboration with Thought Machine, a pioneer in cloud-native core banking technology, proudly unveils the groundbreaking SME Customer Onboarding Platform. This revolutionary solution empowers financial institutions to expedite and digitize the SME customer onboarding journey, providing a seamless and efficient experience for small and medium-sized enterprises (SMEs).
In HealthTech news this week…
Verista Announces New Partnership with Sware to Transform Digital Validation in the Life Sciences Industry
Verista, a leading business and technology services company offering specialized solutions for the life sciences industry, is delighted to announce a new partnership with Sware. This collaboration underscores Verista’s commitment to its clients to provide advanced and innovative digital validation solutions, helping them realize Pharma 4.0. By incorporating Sware’s Res_Q platform, clients can enhance, streamline, and optimize the flow of content and data, effectively addressing the challenges posed by static documents and disjointed workflows in the validation discipline.
In Information and Communications news this week…
SentinelOne Streamlines Vulnerability Management with Singularity Ranger Insights
Vulnerabilities are on the rise, and the pressure is on for companies to manage them with greater speed and transparency. To help them do it, SentinelOne, a pioneer and leader in autonomous threat detection and prevention, announced the launch of Singularity Ranger Insights. Building on the company’s top-ranked asset discovery and protection capabilities, the innovative solution removes the complexity from vulnerability management, enabling companies to continuously discover unmanaged assets, evaluate and prioritize threats and mitigate risk using a single console and agent. The news came during Black Hat 2023, the premier cyber security event being held in Las Vegas this week.
Article of the Week
Will Quantum Computing AI Be the Next Big Thing?
Artificial intelligence (AI) is slowly dominating every aspect of the tech sphere, with or without our knowledge. The world is brimming with the buzzword AI and everyone wants to get their hands on this technological miracle. But, this brings us to the next question- Does AI have any limitations? The answer is yes, it does because of its fixed amount of computational power. The field of computer science known as quantum computing makes use of quantum theory’s principles to address complicated issues that are too difficult for traditional computers to handle. Quantum computers use quantum bits, or qubits, which are physical systems that can exist in several states at once (both as 0 and 1). This is in contrast to traditional computer systems, which store and manipulate data in bits that are either 0s or 1s.