[IBM Survey] Global Business AI Adoption Flat in 2020, but growth expected to rebound

think IBM

That’s the conclusion of a new “Global AI Adoption Index 2021” report from IBM’s Institute for Business Value and the IBM Watson business unit that includes input on AI plans and challenges from some 5,501 business decision-makers in 15 markets around the world. The report was released May 11 (Tuesday) as part of IBM’s Think 2021 virtual conference. The 13-page report, which was conducted by market research firm Morning Consult for IBM, found that about one-third of the respondents reported that their companies are using AI, while 43 percent said their companies accelerated their rollouts of the technology due to the pandemic.

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Torch.AI Lands $27M in State Tax incentives to invest in Growing its Kansas City headquarters

Torch AI logo

Torch.AI is bringing in $27 million in state tax incentives from Kansas to expand its operations in a suburb of Kansas City. The fresh cash influx comes less than two months after the company secured $30 million in new Series A funding that is also aimed at growing its business.

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ClosedLoop.ai wins $1.6 million CMS Artificial Intelligence Health Outcomes Challenge

Closedloop AI

ClosedLoop.ai, healthcare’s data science platform, has won the Centers for Medicare & Medicaid Services (CMS) Artificial Intelligence (AI) Health Outcomes Challenge, the largest healthcare-focused AI challenge in history. ClosedLoop beat out more than 300 of the world’s leading technology, healthcare, and pharmaceutical organizations, including IBM, Mayo Clinic, Geisinger, Merck, Accenture, and Deloitte.

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Scale AI gets a $325M Series E Funding infusion to grow its Data Annotation mission

Scale AI Annotation

Data annotation and labeling startup Scale AI is taking in another $325 million in new investment, this time through a Series E round. The new funding round was co-led by Dragoneer, Greenoaks Capital and Tiger Global, and included new investors Wellington Management and Durable Capital. Several previous investors, including Coatue, Index, Founders Fund and YC, were also involved, according to the company.

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IBM Expanding AI, ML capabilities in IBM Cloud Satellite through the Cloud Pak for Data Add-On

IBM cloud satellite

With the recent release of its IBM Cloud Pak for Data, IBM is quickly expanding the tools it offers to enterprise customers that want to put their workloads onto IBM’s Cloud Satellite. The IBM Cloud Pak for Data, which became generally available to customers on March 26, is the first major add-on for Cloud Satellite since the nascent service was launched on March 1.

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IBM, Cleveland Clinic Begin 10-Year AI, Quantum, Cloud Partnership to Boost Clinical Research

IBM offices

Fueled by the need for faster life sciences and healthcare research, especially in the wake of the deadly COVID-19 pandemic, IBM and the 100-year-old Cleveland Clinic are partnering to bolster the Clinic’s research capabilities by integrating a wide range of IBM’s advanced technologies in AI, quantum computing and the cloud.

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Why businesses don’t Deploy Machine Learning (And How to Overcome It)

Human machine

Yet many businesses haven’t adopted machine learning (ML) on any scale. AI requires enormous and expensive leaps of knowledge about data, which itself is often an under-governed, poorly-structured Achilles’ heel.

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IBM lauding 40 distinguished Women in AI around the globe for 2021

Women in AI

IBM has named 40 distinguished female technologists to its 2021 Women Leaders in AI list, which highlights women in business who are using IBM Watson to drive AI innovation across companies around the globe. The list, which is part of IBM’s three-year-old Women Leaders in AI Program, includes…

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Video highlights: AI’s role in fight against COVID-19

Corona Virus graphic

Legal and compliance technology company, Relativity premiered its latest installment of its On the Merits documentary series, which aims to showcase how people use data for the greater good. This year’s documentary explores how AI was leveraged in the race for answers around COVID-19.

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C3 AI launching a technology licensing office after getting broad AI software Patent

Patent License Agreement

Enterprise AI software platform vendor C3 AI will begin licensing its model-driven architecture and other technologies later this year after receiving a broad, new “omnibus” U.S. patent for its flagship product, the C3 AI Suite.

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Deloitte’s upcoming Center for AI Computing aims to help customers grow AI use

Cable Board

With AI use continuing to grow in adoption throughout enterprise IT, Deloitte is creating a new Deloitte Center for AI Computing to advise its customers, explain the technology and help them use it in their ongoing business and growth plans. Designed to provide a cloud-accessible accelerated platform that Deloitte clients can […]

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Sunlight’s AI Hypervisor gains Nvidia GPU support to boost Edge deployments

Edge Computing

Sunlight, the U.K.-based specialist in virtualizing data-intensive applications, announced Nvidia GPU support for its “lightweight” hypervisor designed to boost the performance of edge AI deployments. GPU support for its NexVisor platform would…

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Microsoft, HPE Bringing AI, Edge, Cloud to earth Orbit in preparation for Mars missions

Space Station

The International Space Station will soon get a delivery of powerful AI, edge and cloud computing tools from HPE and Microsoft Azure to expand technology experiments aimed at preparing NASA for launching future crewed exploratory missions to Mars. The new equipment and software, including HPE’s specialized, second-generation Spaceborne Computer-2 (SBC-2), will mark the first time that broad AI and edge computing capabilities will be available to researchers on the space station, Tom Keane, Microsoft’s vice president of Azure Global, wrote in a Feb. 11 post on the Azure blog.

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BigHat raises $19 million for an AI-powered antibody design platform

Cloud network

BigHat Biosciences, a protein therapeutics startup and developer of an AI-guided antibody design platform, today announced it has closed a $19 million series A round led by Andreessen Horowitz. A spokesperson tells VentureBeat that the funding will be used to invest in R&D as BigHat further refines its antibody engineering processes.

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AI Tool emerges to accelerate COVID-19 Vaccines that battle new virus mutations

Covid mutations

A growing list of global COVID-19 variants is prompting disease researchers to employ AI models trained using bioinformatics data to speed up vaccine development in the critical search to find improved vaccines that can effectively fight the virus mutations.

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How enterprise AI use will grow in 2021: Predictions from our AI experts

Woman in collage

Among IT executives, leaders, experts and supporters in the field of AI, the opinions and insights vary widely. In this AI 2021 predictions roundup for EnterpriseAI readers, we have gathered the thoughts and comments from a sampling of our experts who shared their thoughts with us on the AI marketplace and coming innovations over the next year. Their conversations are intriguing.

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AI Virtualization and Orchestration Startup Run: AI Captures $30M in Series B Funding

AI Stack of the Future

Upstart AI vendor Run:AI dove into AI by creating Kubernetes-based software to help customers get more production out of their existing AI infrastructure investments. Run:AI’s software is an orchestration and virtualization layer that pools together compute resources so they can be instantly allocated on demand as needed.

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U.S. leads world in AI, but here comes China

USA China Race

The United States is maintaining its early lead over China and the European Union in development and application of artificial intelligence technology, according to a new report from the Information Technology and Innovation Foundation (ITIF). But while the Americans’ lead is still substantial today, China is poised to close the gap, while the EU is largely failing to keep up, the report found.

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Nvidia unveils Certified Server Program offering Pre-Built Servers for AI applications

Nvidia Certified Support

Nvidia today launched a certified systems program in which participating vendors can offer Nvidia-certified servers with up to eight A100 GPUs. Separate support contracts directly from Nvidia for the certified systems are also available. Besides the obvious marketing motives, Nvidia says the pre-tested systems and contract support should boost confidence and ease deployment for those taking the AI plunge. Nvidia-certified systems would be able to run Nvidia’s NGC catalog of AI workflows and tools.

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