DataStax and LlamaIndex Partner to Make Building RAG Applications Easier than Ever for GenAI Developers

DataStax, the Gen AI data company, today announced its out-of-the-box retrieval augmented generation (RAG) solution, RAGStack, is now generally available powered by LlamaIndex as an open source framework, in addition to LangChain.  DataStax RAGStack for LlamaIndex is also the first partner to support an integration (currently in public preview) with LlamaIndex’s LlamaParse, which gives developers using Astra DB a simple API to efficiently parse and transform complex PDFs into vectors in minutes. 

Algorithmiq Demonstrates Path to Quantum Utility with IBM

Algorithmiq, a scaleup developing quantum algorithms to solve the most complex problems in life sciences, has successfully run one of the largest scale error mitigation experiments to date on IBM’s hardware. This achievement positions them, with IBM, as front runners to reach quantum utility for real world use cases. The experiment was run with Algorithmiq’s proprietary error mitigation algorithms on the IBM Nazca, the 127 qubit Eagle processor, using 50 active qubits x 98 layers of CNOTS and thus a total of 2402 CNOTS gates. This significant milestone for the field is the result of a collaboration between the two teams, who joined forces back in 2022 to pave the way towards achieving first useful quantum advantage for chemistry.

Teradata Big Data Industry Predictions for 2024

Our friends over at Teradata have prepared a special set of compelling technology predictions for the year ahead. From the company’s point of view 2024 should be quite a year! Straight from the executive suite, you’ll learn about what’s predicted to happen with AI, GenAI, LLMs and much more. Enjoy these special perspectives from one of our industry’s best known movers and shakers.

IBM Launches $500 Million Enterprise AI Venture Fund

IBM (NYSE: IBM) today announced that it is launching a $500 million venture fund to invest in a range of AI companies – from early-stage to hyper-growth startups – focused on accelerating generative AI technology and research for the enterprise.

IBM’s Groundbreaking Analog AI Chip: Ushers New Era  of Efficiency and Accuracy  

In this contributed article blogger Justin Varghise discusses the ground breaking advancement for AI that IBM has unveiled – a cutting edge analog AI chip that promises and  has potential to redefine the landscape of deep neural networks (DNNs). This chip is 100 times more  energy-efficient and up to 10 times faster than traditional digital AI chips for performing deep neural  network (DNN) computations. 

New MongoDB Atlas Vector Search Capabilities Help Developers Build and Scale AI Applications

MongoDB, Inc. (NASDAQ: MDB) announced new capabilities, performance improvements, and a data-streaming integration for MongoDB Atlas Vector Search that make it even faster and easier for developers to build generative AI applications. Organizations of all sizes have rushed to adopt MongoDB Atlas Vector Search as part of a unified solution to process data for generative AI applications since being announced in preview in June of this year.

Intel Innovation 2023 Highlights

Tuesday morning (Sept. 19, 2023), Intel kicked off its third annual developer event, Intel Innovation 2023, virtually and in San Jose, California. During the Day 1 keynote, “Developing the Future of the Siliconomy,” Intel CEO Pat Gelsinger, and a variety of customers, unveiled an array of technologies and applications that bring artificial intelligence everywhere and make it more accessible across all workloads.

insideBIGDATA AI News Briefs – 9/13/2023

Welcome insideBIGDATA AI News Briefs, our timely new feature bringing you the latest industry insights and perspectives surrounding the field of AI including deep learning, large language models, generative AI, and transformers. We’re working tirelessly to dig up the most timely and curious tidbits underlying the day’s most popular technologies. We know this field is advancing rapidly and we want to bring you a regular resource to keep you informed and state-of-the-art.

Survey: Over Half of Senior AI Professionals See at Least 2x ROI on AI Initiatives 

Dataiku, the platform for Everyday AI, together with Databricks, the data and AI company, revealed survey findings that shed light on AI’s transformative impact on businesses globally. The findings confirm that AI, including Generative AI, is now experiencing an impactful level of business results, matching its rapid rate of adoption. 

Generative AI Can Make Business Intelligence Even Smarter – Here’s How

In this contributed article, Ali Ahmed, General Manager of the Enterprise Applications business unit at Cloud Software Group, discusses how both AI and machine learning (ML) will continue to promote optimized business intelligence, especially with regards to data analytics and management, along with how business intelligence ensures the accessibility of critical data is available to all key decision makers