All articles by Greg Noone
High Court battle commences between IBM and LzLabs, with latter accused of copying Big Blue’s mainframe tech
The court will begin hearing IBM’s allegations that LzLabs illegally reverse-engineered its mainframe technology to create its SDM product.
French state offers to buy chunk of Atos
Atos reveals an offer from the French government to buy its strategic services business and has raised its cash requirement estimate for the 2024-25 period to €1.1bn.
Strong Microsoft cloud revenues fueled by rising AI demand
Chief executive Satya Nadella also credited the growth in Microsoft cloud revenues to an uptick in cloud migrations and its partnership with OpenAI.
Meta AI profits unlikely in near term, admits Zuckerberg
Despite strong quarterly revenues, Meta’s share price dipped after founder Mark Zuckerberg explained that the firm’s commitment to AI should be considered to be a long-term investment.
Atos calls for even more cash to rescue business
In its latest update to investors, Atos said that a recent review of its business plan found that the cupboards were more bare than expected.
Snowflake launches 480bn-parameter LLM, Arctic
Snowflake is open-sourcing the large language model, which it claims is capable of parsing complex enterprise workloads.
Tesla will launch humanoid robots by 2025, says Elon Musk
The billionaire entrepreneur said that Tesla’s ‘Optimus’ humanoid robots will be capable of performing complex factory tasks by the end of this year.
Microsoft announces phi-3-mini compact LLM
Though it may seem big at 1.3 billion parameters, phi-3-mini is the latest in Microsoft’s series of lightweight large language models.
Salesforce kills bid for Informatica
Salesforce has reportedly backed away from a deal to buy Informatica that would have valued the data processing specialist at $11bn.
Meta releases Llama 3
Its most powerful large language model so far, Meta said that Llama 3 will be open source, with the firm planning to add new multimodal features in due course.