Revolutionizing Business with AI-Powered Innovation

Key points

• 78% of companies are using AI in at least one business function, and startups that use AI are more likely to secure funding.
• Microsoft Azure and NVIDIA are supporting companies like Pangaea Data, Basecamp Research, and Global Objects to drive innovation and progress in various fields.
• The combination of Azure’s cloud infrastructure and NVIDIA’s AI capabilities enables businesses to deploy AI faster, iterate smarter, and stay ahead of the competition.
  

A recent trend has emerged where organizations, from startups to industry leaders, are exploring new ways to operate and meet market demands by developing innovative products and services. Artificial Intelligence (AI) has become a key catalyst for change, with 78% of companies using it in at least one business function. Startups that utilize AI are also more likely to secure funding, with reports indicating that they obtain funding 2.5 times more quickly than those without it.

One company that is making a significant impact in the healthcare industry is Pangaea Data. They are using Microsoft Azure infrastructure and NVIDIA’s domain-specific models to develop an AI-powered platform that helps doctors identify optimal clinical pathways and close care gaps. This platform has already shown impressive results, with the UK’s National Health Service applying it to identify six times more untreated and under-treated patients with a hard-to-diagnose condition.

Another company that is pushing the boundaries of scientific discovery is Basecamp Research. They have built one of the world’s largest biological databases to support life science researchers and companies working on drug discovery, product development, and biological research. By using Microsoft Azure infrastructure and NVIDIA’s BioNeMo framework, they have been able to significantly increase operational speed and achieve scalability.

Global Objects is also making waves in the industry by using advanced AI and 3D scanning technologies to create photorealistic digital twins of props and objects. This technology has the potential to bridge the physical and digital worlds, with applications in various fields such as gaming, robotics, and healthcare. The company is using Microsoft Azure and NVIDIA to process large datasets and generate new content that accurately replicates the exact specifications of each object digitally.

The partnership between Microsoft and NVIDIA is providing industry-leading development tools, frameworks, and pre-trained models that are designed to support developers, researchers, and business leaders. By combining Azure’s trusted cloud foundation with NVIDIA’s cutting-edge compute capabilities, companies can deploy AI faster, iterate smarter, and stay ahead of the competition. The examples of Pangaea Data, Basecamp Research, and Global Objects demonstrate the potential of this partnership to drive progress across diverse fields and industries.

As the demand for AI continues to grow, Microsoft Azure and NVIDIA are well-positioned to support businesses in their innovation journeys. With their combined expertise and capabilities, they are empowering companies to transform scientific discovery and drive a more inclusive and intelligent future. The Catalyst Series is a testament to the power of this partnership, showcasing the innovative ways in which companies are using Azure and NVIDIA to drive progress and change the world.

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