The Martin Trust Center for MIT Entrepreneurship announced that Ana Bakshi has been named its new executive director. Bakshi stepped into the role at the start of the fall semester and will collaborate closely with the managing director, Ethernet Inventors Professor of the Practice Bill Aulet, to elevate the center to higher levels. “Ana is uniquely qualified for this role. She brings a deep and highly decorated background in entrepreneurship education at the highest levels, along with exceptional leadership and execution skills,” says Aulet. “Since I first met her 12 years ago, I have been extraordinarily impressed with her commitment to […]

The new TX-Generative AI Next (TX-GAIN) computing system at the Lincoln Laboratory Supercomputing Center  (LLSC) is the most powerful AI supercomputer at any U.S. university. With its recent ranking from  TOP500, which biannually publishes a list of the top supercomputers in various categories, TX-GAIN joins the ranks of other powerful systems at the LLSC, all supporting research and development at Lincoln Laboratory and across the MIT campus.  “TX-GAIN will enable our researchers to achieve scientific and engineering breakthroughs. The system will play a large role in supporting generative AI, physical simulation, and data analysis across all research areas,” says Lincoln Laboratory […]

Talk of AI is inescapable. It’s often the main topic of discussion at board and executive meetings, at corporate retreats, and in the media. A record 58% of S&P 500 companies mentioned AI in their second-quarter earnings calls, according to Goldman Sachs. But it’s difficult to walk the talk. Just 5% of generative AI pilots are driving measurable profit-and-loss impact, according to a recent MIT study. That means 95% of generative AI pilots are realizing zero return, despite significant attention and investment. Although we’re nearly three years past the watershed moment of ChatGPT’s public release, the vast majority of organizations […]