AI Developments Impacting Business

Several key AI developments are unfolding that business owners should be aware of:

Nvidia's Open Source Initiatives

• Nvidia acquired SchedMD, the lead developer of Slurm, enhancing its open-source contributions.
• Launched the Nemotron 3 family of open-source AI models, providing more accessible tools for developers and businesses.

Impact: These moves can lower the barrier to entry for businesses looking to leverage AI, offering more flexibility and control over their AI infrastructure.

Disney's OpenAI Deal

• Disney's deal with OpenAI is exclusive for only one year.
• After the exclusivity period, Disney can explore partnerships with other AI companies.

Impact: This opens opportunities for other AI companies to collaborate with Disney in the future, potentially leading to new innovations in entertainment and technology.

AI in Traditional Industries

• BNP Paribas introduces an AI tool for investment banking.
• Contractors show strong belief in AI for industry-wide transformation.

Impact: AI is increasingly being adopted in traditional sectors, streamlining processes and creating new efficiencies.

Sustainable AI Solutions

• Everbloom uses AI to turn chicken feathers into cashmere.

Impact: AI is being used to create sustainable solutions by transforming waste into valuable resources, offering business opportunities in eco-friendly practices.