businessOct 25, 202450:44pending

ABCD Roundup: AI on the Rise, Ethereum on the Verge

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About this episode

In this ABCD roundup, we discuss the expanded partnership between OpenAI and Bain & Co., which aims to tailor AI solutions for industries like retail and life sciences. Next, we cover Microsoft's UAE AI National Skills Initiative, a large-scale effort to upskill 100,000 government employees, supporting the UAE's ambitions to become a global AI hub. On the blockchain front, we dive into Ethereum's future with co-founder Vitalik Buterin's plan to hit 100,000 TPS using Layer 2 rollups, alongside the upcoming "The Verge" upgrade. This upgrade aims to make Ethereum more secure and accessible by enabling nodes to run on smaller devices, such as phones, through "stateless verification." Finally, we examine IBM's Q3 2024 results, highlighting its $15 billion in revenue and strong performance in generative AI and software growth.

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