Meta, the parent company of Facebook, Instagram, and WhatsApp, is reportedly planning to build its first fully owned, large-scale fiber-optic subsea cable extending around the globe. The project, spanning over 40,000 kilometers, is expected to require an investment of more than USD 10 billion. It aims to enhance Meta’s infrastructure … Read More
India is emerging as a global leader in AI-powered sustainability. According to IBM’s first-ever State of Sustainability Readiness Report, 98 percent of Indian business leaders surveyed plan to increase investments in IT for sustainability over the next 12 months. The research highlights that the majority of Indian respondents view investments … Read More
India has climbed 11 places to secure the 49th rank in the Network Readiness Index (NRI) 2024, as per the report released by the Portulans Institute on November 21, 2024. This marks a significant improvement from its 60th position in 2023, with its overall score rising from 49.93 to 53.63, … Read More
Generative AI (GenAI) is poised to revolutionise tax and finance operations, with 94 percent of CFOs and Finance and Tax leaders in India believing it will significantly enhance their tax functions—a sharp rise from 19 percent in 2023, a new survey by EY reveals. Globally, 87 percent of leaders echo … Read More
Emerging technologies such as Generative AI (Gen AI) and Quantum Computing are expected to create over 10 lakh jobs by 2030, according to a report released by staffing firm Quess Corp on November 27. The report highlights strong demand for tech skills, with Cybersecurity and DevOps leading the charge, recording … Read More
LG Electronics and Tenstorrent have expanded their collaboration to develop advanced System-on-Chips (SoCs) and systems for the global market. Building on their initial chiplet project, the partnership aims to enhance LG’s AI chip capabilities for its home appliances, smart home solutions, and future mobility applications. Also Read: Amazon Invests USD … Read More
NTT DATA has agreed to acquire Niveus Solutions, a cloud engineering company specialising in Google Cloud Platform (GCP) services. Once the transaction is completed, Niveus Solutions will add 1,000 GCP engineering professionals with expertise in GCP native modernisation, data engineering and AI to enhance NTT DATA’s Google Cloud Business Unit, … Read More
Global entertainment technology and cinematic experience company IMAX will use content localisation services from CAMB.AI, an India-based AI translation and speech emulation company, to deliver an enhanced entertainment experience and cater to a larger audience. CAMB.AI announced a partnership with IMAX on November 27 to provide these services, where CAMB.AI … Read More
Lunit, a provider of AI-powered solutions for cancer diagnostics and therapeutics, announced a strategic partnership with Salud Digna, one of Mexico’s largest medical networks, on Wednesday. Under the agreement, Lunit will deliver its AI-powered medical imaging solutions to Salud Digna’s network of clinics across Mexico and Central America. Also Read: … Read More
Swisscom has launched its Swiss AI Platform, offering companies a secure, high-performance infrastructure for AI applications, ensuring that all data is stored and processed within Switzerland to guarantee full data sovereignty. The platform, housed in Swisscom’s data centres, addresses the demand for AI solutions in highly regulated industries like finance … Read More
Cykel AI has launched Lucy, an advanced AI-powered recruitment agent designed to autonomously manage end-to-end recruitment workflows. The company claims that Lucy represents the next evolution in autonomous workplace technology. “This launch strengthens Cykel AI’s position at the forefront of the digital worker revolution, where AI agents don’t just assist … Read More
Nvidia, along with researchers from the Weizmann Institute of Science, Tel Aviv-based startup Pheno.AI, has developed a new artificial intelligence (AI) model called GluFormer. This model can predict an individual’s future glucose levels and other health metrics using continuous glucose monitoring (CGM) data. According to Harvard Health Publishing and NYU … Read More
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