San Francisco-based AI Acceleration Cloud provider Together AI has raised USD 305 million in a Series B funding round led by General Catalyst and co-led by Prosperity7, pushing its valuation to USD 3.3 billion. The round saw participation from a group of global institutional and strategic investors, including Salesforce Ventures, … Read More
The Department of Telecommunications (DoT), Government of India and the International Telecommunication Union (ITU) have signed a Letter of Intent (LoI) to drive joint initiatives in cutting-edge technologies, including digital twins, AI-driven solutions, virtual worlds, and IMT-2030 advancements. The agreement also focuses on promoting the development of global standards, fostering … Read More
Belgium-based Proximus Group has signed a multi-year agreement with cloud infrastructure provider Amazon Web Services (AWS) to modernise its global cloud infrastructure and accelerate digital transformation. The partnership will leverage AWS’s portfolio of services, including cloud and generative AI solutions, to enhance Proximus’ digital communications, digital identity, and connectivity services. … Read More
San Francisco-based OpenAI has reached 400 million weekly active users, marking a 33 percent increase from 300 million in December, according to COO Brad Lightcap. The surge underscores the growing adoption of ChatGPT, fueled by word-of-mouth popularity and increasing enterprise demand, CNBC reported. Also Read: California State University to Become … Read More
Artificial intelligence (AI) is set to transform wealth management by lowering entry barriers for startups and reshaping competition with established banks. “Artificial intelligence will bring major upheaval to wealth management, a Microsoft executive said, according to a Reuters report. Also Read: Microsoft to Invest PLN 2.8 Billion in Poland in … Read More
AI-powered business communications provider RingCentral has introduced RingCentral AI Receptionist (AIR), an AI-driven phone agent designed to streamline customer interactions and call routing. “AIR is an AI phone agent that uses generative AI to automatically answer customer questions and transfer callers to the right place, much like traditional full-time receptionists … Read More
Ochy, an AI-powered running gait analysis platform, has raised USD 1.7 million in a pre-seed funding round. The French startup also announced its integration into Adidas’ adiClub loyalty program, marking a step toward its mission of enhancing performance and preventing injuries for runners worldwide, according to the company statement on … Read More
DataVolt, a developer and operator of digital infrastructure, has signed a land lease agreement with the Saudi Authority for Industrial Cities and Technology Zones (MODON) to build a state-of-the-art, AI-ready data center in Riyadh. The 55,000-square-meter facility will be located in the First Technology Park in east Riyadh. “The data … Read More
Lambda, the AI Developer Cloud company, has raised USD 480 million in a Series D funding round, bringing its total equity capital to USD 863 million. The round was co-led by Andra Capital and SGW, with participation from new investors, including Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel … Read More
Emergency communication, threat intelligence, and travel risk management provider AlertMedia has launched an AI Assistant, a generative AI-powered tool designed to help organisations communicate effectively during critical events. According to the company, the AI Assistant enables crisis management and response teams to draft, edit, and translate emergency notifications within seconds, … Read More
Google has launched an AI co-scientist, a new AI system powered by Gemini 2.0, designed to assist researchers in generating hypotheses, summarising scientific literature, and proposing experimental approaches. The system operates through a chatbot interface, where users specify a research goal, and the AI provides structured insights. It employs multiple … Read More
Bharti Airtel has solarised over 3,300 network sites in the last quarter and more than 28,000 sites over the past six quarters, reducing its carbon footprint while simultaneously lowering costs. Sustainability is a key focus of the company’s ESG strategy, with connectivity in remote parts of India being the top … Read More
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