The British chip design firm ARM came up with the processors used in virtually all the world's smartphones. Now it plans to add the hardware that will let them run artificial-intelligence algorithms, too. ARM announced today that it has created its first dedicated machine-learning chips, which are meant for use in mobile and smart-home devices. The company says it's sharing the plans with its hardware partners, including smartphone chipmaker Qualcomm, and expects to see devices packing the hardware by early 2019. Currently, most small or portable devices that use machine learning lack the horsepower to run AI algorithms, so they enlist the help of big servers in the cloud.
Nvidia has announced a new partnership with Bosch to sell its Drive PX 2 driver-assist platform to automakers. Bosch joins ZF as the two so-called tier-one suppliers that will sell Nvidia's technology to automakers. "Using [Nvidia's] DRIVE PX AI car computer, Bosch will build automotive-grade systems for the mass production of autonomous cars," said Nvidia founder and CEO Jen-Hsun Huang in a press release. "Together we will realize a future where autonomous vehicles make mobility safe and accessible to all."
Genpact (NYSE:G), a global professional services firm focused on delivering digital transformation for clients, has signed a definitive agreement to acquire Rage Frameworks, a leader in knowledge-based automation technology and services providing Artificial Intelligence (AI) for the Enterprise. "The unique combination of Rage's no-code development platform and deep global talent pool of AI, automation, and financial services expertise, coupled with Genpact's domain expertise and what we believe is the world's largest digital process sandbox, allows for a level of agility of implementation and speed to insight that was previously unattainable." The two companies have partnered on a number of strategic client engagements, including an automated management reporting solution for a large global insurer and global CPG leader, as well as automated financial spreading solutions for several large financial institutions, among others. About Genpact Genpact (NYSE:G) is a global professional services firm focused on delivering digital transformation for our clients, putting digital and data to work to create competitive advantage.