Key Developments in AI for Business Owners

Here's a breakdown of recent AI advancements and strategic investments that business owners should consider:

• Nvidia's Open Source Expansion: Nvidia is significantly boosting its open-source AI offerings by acquiring SchedMD (lead developer of Slurm) and introducing the Nemotron 3 family of AI models. This move provides businesses with more accessible tools for AI development and deployment.
• Chai Discovery's Substantial Funding: OpenAI-backed biotech firm, Chai Discovery, has secured $130M in Series B funding, valuing the company at $1.3B. Chai is focused on building foundational models for drug discovery, which could revolutionize the pharmaceutical industry.
• CEOs' Continued Investment in AI: Despite potential uncertainties, CEOs are maintaining a strong focus on AI strategies, with an eye on returns on investment in 2026.
• Walmart’s AI Strategy: Dive into how Walmart implements AI beyond the hype to discover practical applications for your business.
• BBVA Integrates ChatGPT Enterprise: See how BBVA is embedding AI into their banking operations using ChatGPT Enterprise.
• Disney and OpenAI : Disney’s OpenAI deal is exclusive for just one year — then it’s open season

These developments indicate a strong trend toward open-source AI, increased investment in AI-driven drug discovery, and a sustained commitment from business leaders to leverage AI for strategic advantages.