Fun

News Feed - 2023-09-26 10:09:09

Savannah Fortis10 hours agoFrench telecom group invests millions in local AI industryThe French telecom group Iliad revealed it has purchased one of Europe’s most powerful supercomputers and plans to create an AI research lab in Paris, among other developments.1492 Total views5 Total sharesListen to article 0:00NewsJoin us on social networksThe French telecommunications group Iliad announced on Sept. 26 that it plans to invest millions of euros to build up the French artificial intelligence (AI) industry. 


Iliad said it has already invested 100 million euros ($106 million) toward creating what it calls an “excellence lab” to be built in Paris dedicated to AI research. According to the announcement, a team of renowned researchers has already been set up, and Iliad chairman Xavier Niel will spearhead it.


Niel said an “entire ecosystem needs to be built up in France,” and the research lab will play a role in that. The lab’s main purpose will be to build general AI to bring to “everyone’s reach” and make AI research publicly available.


In addition to the lab, Iliad has acquired what it deemed as “the most powerful cloud-native AI supercomputer deployed to date in Europe.” An Nvidia DGX SuperPOD equipped with Nvidia DGX H100 systems has been installed at the company’s Datacenter 5 near Paris.


Related: France launches a certificate for ‘finfluencers,’ including crypto


On acquiring the Nvidia supercomputer, Niel commented:“To have clout in the AI market, you need computing power. To have computing power, you need supercomputers. And to have supercomputers, you need to invest. To invest massively.”


The company says the DGX SuperPOD produces the power necessary to rapidly train large language models (LLMs). 


Additionally, a subsidiary company of Iliad called Scaleway now plans to offer its clients access to a full suite of cloud-native AI tools, such as the ability to train various-sized models.


Damien Lucas, the CEO of Scaleway, said with these tools, European companies can “significantly” advance their innovations in AI to be competitive on an international level. 


This news comes shortly after European Commission President Ursula von der Leyen announced on Sept. 13 an initiative to help AI startups with accelerated access to supercomputers in Europe. 


Magazine:‘AI has killed the industry’: EasyTranslate boss on adapting to change# France# Business# Europe# Investments# Paris# AI# European UnionAdd reactionAdd reactionRead moreWhat is an atomic swap, and how does it work?Stablecoin exodus: Why are investors fleeing crypto’s safe haven?‘Massive’ crypto use cases to surface by 2030 — Coinbase exec

News Feed

California DMV building blockchain on Avalanche for title transfers
Alex O’Donnell5 hours agoCalifornia DMV building blockchain on Avalanche for title transfersThe DMV has successfully digitized 42 million car titles on the Avalanche blockchain.1246 Total views1 Total sharesListen to a
Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium
Industry Execs Claim Freshly Minted "Virgin Bitcoins" Fetch 20% Premium A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activ
Litecoin Attempts to Redeem Charlie Lee’s ‘Original Sin’ as LTC Markets Gain Momentum
Litecoin Attempts to Redeem Charlie Lee"s "Original Sin" as LTC Markets Gain Momentum Gradual warming to cryptocurrencies by financial companies combined with bo
Turner Wright3 hours agoScammers pile on to impersonate Worldcoin on Twitter following token launchTwitter announced its rebrand to “X” on July 24, the same day the Worldcoin token launched and provided an opportunit
CoinsLoot Launch World’s First Crypto Loot Boxes, With 10% Free Crypto, Prizes and Staking Rewards
CoinsLoot Launch World’s First Crypto Loot Boxes, With 10% Free Crypto, Prizes and Staking Rewards PRESS RELEASE. CoinsLoot is a decentralized crypto platform
Turner Wright5 hours agoUS lawmaker calls on SEC chair to reassess stance on crypto following Ripple rulingRep. Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP
Time is Ticking for GameStop to Figure Out Its Future
| Image: ShutterstockFor all of the amazing businesses that the Internet has launched, it is also put a number of them out of business. We already know that Amazon is mowing its way
William Suberg9 hours agoBitcoin bulls battle to reclaim $30K amid BTC price RSI ‘reset’Bitcoin returns to a tug-of-war over $30,000, with BTC price action costing its RSI weeks of upside.3392 Total views39 Total sha
Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations
Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations Roughly 11 days ago, it was reported that Nishad Singh, the former direc
Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
Despite Russia"s Confusing Crypto Laws, P2P Bitcoin Trade Volumes SoarPeer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Rus
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with t
Tom Mitchelhill4 hours agoFriend.tech clone Stars Arena drives surge of activity on AvalancheThe price of AVAX has surged more than 8% amid heightened network activity brought about by Friend.tech look-alike Stars Arena.