open-source AI
AI Spending Set to Rise 52% as Retail Brands Innovate
An IBM study predicts a 52% increase in AI spending beyond IT budgets as retail brands embrace enterprise-wide innovation. Despite progress, many enterprises struggle to achieve return on investment (ROI) from AI initiatives, prompting a shift towards open-source AI solutions for better outcomes.
Is Investing in AI Stocks Smart Before 2025? Experts Weigh In
IBM is strengthening its position in the AI market with the launch of its open-source Granite 3.1 models, which boast powerful performance and enhanced capabilities, surpassing offerings from competitors like OpenAI and Google. This strategy aims to solidify IBM’s leadership in enterprise-level AI solutions.
Companies Embrace Open-Source AI Tools for Enhanced ROI Benefits
A recent IBM study reveals that more companies are adopting open-source AI tools to improve their return on investment. This shift indicates a growing trend among businesses to leverage accessible technology for enhanced efficiency and profitability.
Red Hat Acquires Neural Magic to Enhance AI on Standard Hardware
Red Hat has acquired Neural Magic to enhance AI capabilities on standard hardware. This move aims to optimize AI performance and accessibility, making advanced technologies more efficient and adaptable for users relying on conventional systems.
