Dell Technologies

AI Stocks Targeting Opportunities in the Global Healthcare Market

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Wednesday, April 10, 2024
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The AI in Healthcare market is projected to grow from USD 20.9 billion in 2024 and reach USD 148.4 billion by 2029.

Key Points: 
  • The AI in Healthcare market is projected to grow from USD 20.9 billion in 2024 and reach USD 148.4 billion by 2029.
  • Betting on healthcare as a key market, Avant Technologies, Inc. (OTCQB: AVAI) just announced the completion of its acquisition of privately-held healthcare technology and data integration services firm, Wired-4-Health.
  • "By helping healthcare companies easily build and manage AI solutions, we're enabling them to harness the full power and potential of generative AI."
  • For investors following AI stocks, the hunt is on for finding the stocks that can harness the power of AI for the next generation of healthcare.

BOXX Technologies Names Kirk Schell Chief Executive Officer

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Tuesday, April 2, 2024
Cloud, Arrow Electronics, MPD, AI, M&E, AEC, Senior, Architecture, Electronics, Dell Technologies, Dell, Marketing, Management

AUSTIN, TEXAS, April 02, 2024 (GLOBE NEWSWIRE) -- BOXX Technologies, the leading innovator of high performance workstations, rendering systems, and servers, today announced that Kirk Schell has been named the company’s Chief Executive Officer.

Key Points: 
  • AUSTIN, TEXAS, April 02, 2024 (GLOBE NEWSWIRE) -- BOXX Technologies, the leading innovator of high performance workstations, rendering systems, and servers, today announced that Kirk Schell has been named the company’s Chief Executive Officer.
  • Schell succeeds Wes Breyfogle, a partner at Craftsman Capital Partners and BOXX Interim CEO for the past six months.
  • “For BOXX, Kirk Schell is the right CEO at the right time,” says Breyfogle.
  • BOXX Cloud is powered by FLEXX, a groundbreaking, scalable data center platform consisting of high density BOXX workstations.

Duos Technologies Group Reports Fourth Quarter and Full Year 2023 Results

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Monday, April 1, 2024
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JACKSONVILLE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the fourth quarter (“Q4 2023”) and full year ended December 31, 2023.

Key Points: 
  • JACKSONVILLE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the fourth quarter (“Q4 2023”) and full year ended December 31, 2023.
  • King joins Duos with over 20 years of operational and commercial leadership experience within the energy and supply chain sectors.
  • It should be noted that the following Financial Results represent the consolidation of the Company with its subsidiaries Duos Technologies, Inc. and truevue360™.
  • Total revenue for Q4 2023 decreased 74% to $1.53 million compared to $5.93 million in the fourth quarter of 2022 (“Q4 2022”).

The number of Latino-owned businesses is growing 10x faster than White-owned businesses, as reported by the Stanford Graduate School of Business

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Wednesday, March 27, 2024
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In fact, the number of Latino-owned businesses is growing 10x faster than white-owned businesses.

Key Points: 
  • In fact, the number of Latino-owned businesses is growing 10x faster than white-owned businesses.
  • As shown in the graph, the 3-year (2020-2023) median compound annual growth rate was 8.7% for Latino-owned businesses versus just 5.6% for white-owned businesses.
  • Latinos are not only starting businesses faster and experiencing higher revenue growth rates but they are also creating more jobs with better benefits.
  • It’s important to highlight that Latinas are starting new businesses and growing revenues more rapidly than their male counterparts.

SAIC Named a Leader in IDC MarketScape for U.S. National Government Professional Security Services

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Tuesday, April 9, 2024
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Science Applications International Corp. (NASDAQ: SAIC ) has been recognized as a Leader in the IDC MarketScape: U.S. National Government Professional Security Services 2024 Vendor Assessment (doc #US51875423, February 2024).

Key Points: 
  • Science Applications International Corp. (NASDAQ: SAIC ) has been recognized as a Leader in the IDC MarketScape: U.S. National Government Professional Security Services 2024 Vendor Assessment (doc #US51875423, February 2024).
  • The report highlights the evolving challenges in cybersecurity due to emerging technologies, expanding attack surfaces and a significant shortage of skilled cybersecurity professionals.
  • “SAIC is honored to be named a Leader in the first IDC MarketScape about U.S. National Government Professional Security Services vendor assessment,” said Lauren Knausenberger, executive vice president and chief innovation officer at SAIC.
  • “IDC conducted a rigorous vendor assessment for its IDC MarketScape: U.S. National Government Professional Security Services 2024 Vendor Assessment,” said IDC Government Insights research manager, Aaron Walker.

Intel Unleashes Enterprise AI with Gaudi 3, AI Open Systems Strategy and New Customer Wins

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Tuesday, April 9, 2024
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The Intel Gaudi 3 AI accelerator will power AI systems with up to tens of thousands of accelerators connected through the common standard of Ethernet.

Key Points: 
  • The Intel Gaudi 3 AI accelerator will power AI systems with up to tens of thousands of accelerators connected through the common standard of Ethernet.
  • Intel Gaudi 3 promises 4x more AI compute for BF16 and a 1.5x increase in memory bandwidth over its predecessor.
  • Intel outlined its strategy for open scalable AI systems, including hardware, software, frameworks and tools.
  • In addition to the Intel Gaudi 3 accelerator, Intel provided updates on its next-generation products and services across all segments of enterprise AI.

R2 Semiconductor Files New Patent Infringement Lawsuit Against Intel In France

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Monday, April 8, 2024
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The filing comes shortly before the April 16 start of trial on the same European patent against Intel in the U.K.’s High Court of Justice, Patents Court in London.

Key Points: 
  • The filing comes shortly before the April 16 start of trial on the same European patent against Intel in the U.K.’s High Court of Justice, Patents Court in London.
  • R2’s lawsuit in France is its latest action in defense of the groundbreaking patent covering integrated voltage regulation technology invented by R2 Founder and CEO David Fisher.
  • “The invention we are protecting in Germany, the U.K., and now in France, is protected by patent throughout all of Europe.
  • R2 is fortunate to have the means to enforce our rights to stop this egregious behavior by Intel,” said R2 CEO David Fisher.

Dell Technologies and Northwestern Medicine to Advance Patient Care through AI Innovation

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Friday, April 5, 2024
DELL, Environment, Patient, Research, Health care, AI, LLM, Dell Technologies, Dell, Health, Medicine, Medical device

ROUND ROCK, Texas, April 5, 2024 /PRNewswire/ -- Dell Technologies (NYSE: DELL) and Northwestern Medicine are using AI to innovate and strengthen patient care to deliver significant advancements in medicine, including the development and evaluation of a generative multimodal large language model (LLM) for the interpretation of chest x-rays .

Key Points: 
  • ROUND ROCK, Texas, April 5, 2024 /PRNewswire/ -- Dell Technologies (NYSE: DELL) and Northwestern Medicine are using AI to innovate and strengthen patient care to deliver significant advancements in medicine, including the development and evaluation of a generative multimodal large language model (LLM) for the interpretation of chest x-rays .
  • Northwestern Medicine embarked on a mission to use AI to enhance patient care while reducing physician burnout.
  • Healthcare is a prime example of where technology can make an impact and help save lives," said Jeff Boudreau, chief AI officer at Dell Technologies.
  • The platform is built within Northwestern Medicine's existing secure colocation infrastructure, giving Northwestern confidence to move forward rapidly with AI initiatives that innovate patient care.

NVIDIA Launches Generative AI Microservices for Developers to Create and Deploy Generative AI Copilots Across NVIDIA CUDA GPU Installed Base

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Monday, March 18, 2024
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Built on top of the NVIDIA CUDA ® platform, the catalog of cloud-native microservices includes NVIDIA NIM ™ microservices for optimized inference on more than two dozen popular AI models from NVIDIA and its partner ecosystem.

Key Points: 
  • Built on top of the NVIDIA CUDA ® platform, the catalog of cloud-native microservices includes NVIDIA NIM ™ microservices for optimized inference on more than two dozen popular AI models from NVIDIA and its partner ecosystem.
  • Among the first to access the new NVIDIA generative AI microservices available in NVIDIA AI Enterprise 5.0 are leading application, data and cybersecurity platform providers including Adobe , Cadence , CrowdStrike , Getty Images, SAP , ServiceNow , and Shutterstock.
  • NVIDIA AI Enterprise microservices are coming to infrastructure software platforms including VMware Private AI Foundation with NVIDIA.
  • Enterprises can deploy production-grade NIM microservices with NVIDIA AI Enterprise 5.0 running on NVIDIA-Certified Systems and leading cloud platforms.

NVIDIA Healthcare Launches Generative AI Microservices to Advance Drug Discovery, MedTech and Digital Health

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Monday, March 18, 2024
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The microservices, 25 of which launched today, can accelerate transformation for healthcare companies as generative AI introduces numerous opportunities for pharmaceutical companies, doctors and hospitals.

Key Points: 
  • The microservices, 25 of which launched today, can accelerate transformation for healthcare companies as generative AI introduces numerous opportunities for pharmaceutical companies, doctors and hospitals.
  • These include screening for trillions of drug compounds to advance medicine, gathering better patient data to aid early disease detection and implementing smarter digital assistants.
  • “By helping healthcare companies easily build and manage AI solutions, we’re enabling them to harness the full power and potential of generative AI.”
    The new suite of healthcare microservices includes NVIDIA NIM , which provides optimized inference for a growing collection of models across imaging, medtech, drug discovery and digital health.
  • Hippocratic AI is developing task-specific Generative AI Healthcare Agents, powered by the company’s safety-focused LLM for healthcare, connected to NVIDIA Avatar Cloud Engine microservices and will utilize NVIDIA NIM for low-latency inferencing and speech recognition.