Blackstone: profit from AI investments surged

Blackstone reported a 26% increase in distributable earnings in the second quarter, reaching $1.98 billion, driven by investments in AI. The profit growth was attributed to investments in AI infrastructure across the country, which positively impacted all major business segments.

Multiverse Computing: All CompactifAI Models Run on Intel Xeon 6 Processors

Multiverse Computing announced that all models of its CompactifAI framework now support Intel Xeon 6 processors. This enables efficient compression of AI models without requiring specialized hardware.

Multiverse Computing Intel Corporation