fibeReality, LLC’s Post

Apple 𝐣𝐨𝐢𝐧𝐬 𝐭𝐡𝐞 (𝐋)𝐋𝐌 𝐜𝐥𝐮𝐛 The 2nd biggest company in the world (by current market cap) quietly released #OpenELM, an group open-source language models designed to run efficiently on devices like #iPhones and #Macs. 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬: - OpenELM consists of eight models with four different parameter sizes (270M, 450M, 1.1B, and 3B), all trained on public datasets - The model family is optimized for on-device use, allowing for AI-powered tasks to be handled without relying on (expensive) cloud servers - OpenELM slightly outperforms comparable open-source models like OLMo despite requiring 2x less training data. - Also open-sourced is CoreNet, the library used to train OpenELM — along with models allowing for ‘efficient inference and fine-tuning on Apple devices.’ Curious what communicate about this during the coming #WWDC.

Thinking about migrating to Google Cloud? Join us tomorrow. Click below to register. https://lnkd.in/geRJAF-g Join RapidScale's team as we dive into our newly launched Google Cloud offering. Whether you're already invested in the Google Cloud ecosystem or exploring ways to elevate your cloud strategy, we'll discuss: - The advantages of Google Cloud - Key adoption and migration strategies - A complete overview of RapidScale's Google Cloud offering - Q&A session to address your questions ...and more! - Don't miss this opportunity to learn and discover how RapidScale's newest - Google Cloud offering can transform your organization's cloud journey. Speakers: Jason McKay Chief Product Officer, RapidScale Sachin Bansal Director, Partnerships & Alliances, RapidScale Anne Wheatley Google Alliance Lead, RapidScale

Google recently announced its Axiom Arm chips at the Cloud Next conference in Las Vegas. These custom-built Arm-based server semiconductors are expected to be released later this year. But what's the big deal? Well, when a company uses its in-house chips to provide cloud computing services, it can reduce cloud service costs as these chips are more power efficient. Consequently, this endeavor aims to make cloud computing more affordable as part of Google's strategic plan. It's true that Google still lags behind other tech giants like Amazon and Microsoft, which collectively keep about 62% of the cloud infrastructure market. However, based on the fact that GOOGL has surged by more than 40% over the past year, analysts remain bullish about the stock, expecting an upside potential of 7.2% at current levels. Follow us at FlexInvest to find more #StockMarketNews and stay updated with the most recent financial events. #investment #financialmarkets #stockstobuy #stockstowatch #faang #magnificentseven #sp500 #dowjones #nasdaq #tradingstrategies Not investment advice. Capital at risk.

⬆ Another strong quarter (3Q) for AMD as the company delivered $6.8B in revenue at 50% gross margins and operating income of $724 million. This equates into EPS of .47 ⬆ Of course datacenter was the big contributor as its still on a tear. $3.5 billion in revenue - representing a 122% YoY increase and 25% sequentially. ▶ This continued accelerated growth tells me EPYC has found its groove in the enterprise and Instinct is continuing to see adoption in the cloud. ▶ Given AMD's recent acquisition of ZT Systems and Silo AI and the work its done around ROCm - I'm curious to see how what kind of inroads the company makes on the very competitive AI front.

We close a record-breaking year with our best Q4 to date! 🚀 Building upon our power efficient CPU, Q4 saw us unlock new levels in royalty revenue and licensing growth due to: 🔹 Adoption of Armv9 🔹 Demand for energy-efficient compute for AI 🔹 Market share gains in cloud servers and automotive 🎉 As we celebrate our third consecutive record-breaking quarter as a public company, we're excited about what's next. Our commitment to enabling technological innovation is woven into our DNA. That's why the future is built #onArm. https://lnkd.in/gTH6Y4MA

Today, manufacturers need the capacity to quickly deploy complex #HPC environments and run high-fidelity simulations faster while minimizing simulation costs and their carbon footprint. This Partner Perspectives article by AMD shares recent benchmarks conducted by AMD, Google, and Altair – and their breakthrough results on Google Cloud powered by the latest 4th Gen AMD EPYC™ processors: https://bit.ly/4fowJdj #OnlyForward

AMPERE COMPUTING EXPLORES SALE According to Bloomberg, Ampere Computing, a company specializing in ARM-based server chip design, is considering a potential sale. Ampere has been working with a financial advisor to explore a potential sale, but it is also open to remaining independent. The company, founded in 2017 by CEO and former Intel colleagues, focuses on developing chips tailored for servers based on the Arm architecture. Ampere 2022 IPO filings indicate that Oracle made a $426M investment, but the IPO was not undertaken. Ampere's customers include Google Cloud, Microsoft, Tencent, and ByteDance. Its latest chip, Ampere One, features in-house Arm cores, departing from its initial reliance on Arm's Neoverse blueprints. Notably, multiple cloud providers are developing their Arm-based chips for internal use. In 2021, reports surfaced that SoftBank was considering an investment in Ampere Computing, which would have valued the company at $8 billion. This news indicates potential shifts in the competitive landscape of the cloud market. #AmpereComputing #serverchips #Armarchitecture #RenéeJames #GoogleCloud #Microsoft #Tencent #ByteDance #Arm-basedchips #SoftBank #cloudmarket

Google Cloud Next ‘24 is here! 💥 And it’s incredible how much we’ve done since the last edition of this event: we have introduced over a thousand product advances across Google Cloud and Workspace, we have expanded our planet-scale infrastructure to 40 regions and announced new subsea cable investments to connect the world to our Cloud, we have introduced new, state-of-the-art models. Now we are making significant announcements to drive customer success and momentum, including: custom silicon advancements; Gemini 1.5 Pro, new grounding capabilities in Vertex AI, Gemini Code Assist for developers, expanded cybersecurity capabilities with Gemini in Threat Intelligence, new enhancements for Gemini in Google Workspace, and much more. Today, we are also announcing new or expanded partnerships with Bayer, Cintas, Discover Financial, IHG Hotels & Resorts, Mercedes Benz, Palo Alto Networks, Verizon, WPP, and many more. 🤝 You can check Thomas Kurian keynote, with the main announcements, here: https://bit.ly/43R3uu9 And stay tuned for more, cause this is only the beginning! #GoogleCloud #GoogleCloudPartners #GoogleCloudNext24 #Next24 

Discover how you can help customers simplify their cloud optimization at scale and hear from Deloitte about how their CloudBilling™ 360 solution enables new #FinOps capabilities with the integration of Intel Granulate. https://lnkd.in/dScZgmK3

🔍 #TechNews: Google is stepping up its game in cloud computing! 🌩️ They’ve unveiled their Axion Processors, custom Arm-based CPUs designed for data centers. These chips promise industry-leading performance and energy efficiency. 💪 Available to Google Cloud customers later this year. 🚀 🤝 Playing Catch-Up: Google aims to compete with rivals like Amazon and Microsoft, who’ve long embraced similar strategies. 🏁 #GoogleCloud #ArmProcessors #Innovation