AI News- 05-June-2024

Unveiling Today's Latest Advancements Across Various Industries & Countries in AI

News 1: Nvidia Unveils Rubin AI Chip Platform: Transforming AI Landscape

Nvidia CEO Jensen Huang announced the company's next-generation AI chip platform, Rubin, set for a 2026 release. The Rubin family, including Grace Hopper Superchip and Thor, is designed to accelerate AI model training and deployment, promising a significant leap in performance and efficiency.

News 2: Gartner Predicts 6.8 Percent Growth in Global IT Spending in 2024

Despite economic uncertainties, Gartner forecasts a 6.8% increase in global IT spending in 2024, reaching a total of $4.7 trillion. The growth is driven by continued investments in digital transformation, cloud computing, and emerging technologies like AI and machine learning.