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Arm's IPO rockets, gen AI explodes computing and Salesforce spotlights the AI trust gap - SiliconANGLE

Sep 15, 2023 - siliconangle.com
This week in enterprise, Arm's IPO saw its stock skyrocket, indicating a positive outlook for upcoming IPOs. The company, which is positioning itself as a key player in the AI era, raised $4.87 billion. Other major stories include the focus on trust in AI at the Dreamforce conference, the beginning of Google's antitrust trial, and the potential for generative AI to revolutionize computing.

In other news, Salesforce is focusing on trust as it introduces new AI-powered services. The company's CEO, Mark Benioff, acknowledged the potential issues with generative AI and emphasized the importance of trust in AI applications. Additionally, the company plans to hire 3,300 workers after raising its revenue guidance. Other notable events include the launch of new AI tools by Amazon for sellers to create product listing information, and the potential for regulation in the AI sector.

Key takeaways:

  • Arm went public this week and its stock rocketed, indicating a positive outlook for more IPOs coming next week. The company is positioning itself as a key driver in the era of artificial intelligence (AI).
  • Generative AI is changing how businesses operate, from chip startups to software giants to cloud providers. This technology is increasing the computing demands and causing changes in data centers and software.
  • Salesforce, during its Dreamforce conference, focused on the issue of trust in the generative AI era. The company introduced a "Trust Layer" that underlies its platform and applications, covering principles such as data masking, grounding of models in customer data, and a zero-retention policy for prompts to generative AI applications.
  • Other AI news includes Elon Musk warning that AI could 'kill us all', a startup launching a fully auditable and explainable open-source AI engine, and a report revealing that data centers are using enormous amounts of water to cool generative AI servers.
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