AI

Home
AI

Kripa B January 12th, 2025 9:33 PM 0 COMMENTS

Novo Nordisk and Valo Health Expand AI Partnership for Drug Discovery

Danish pharmaceutical company Novo Nordisk and US technology company Valo Health announced on January 8 an expansion of their 2023 agreement to discover and develop treatments for obesity, type 2 diabetes, and cardiovascular disease. The collaboration leverages Valo's human dataset and AI-powered computational capabilities. Also Read: AMD Invests in Absci to Accelerate AI-Driven Drug Discovery Initial Agreement Novo and Valo initially partnered in September 2023 in an agreement to develop... Read More

Kripa B January 12th, 2025 4:55 PM 0 COMMENTS

HPE Secures USD 1 Billion AI Server Deal with X: Report

Hewlett Packard Enterprise (HPE) has signed a deal exceeding USD 1 billion to provide artificial intelligence (AI)-optimised servers to Elon Musk's social media platform, X, Bloomberg News reported on Friday, citing sources familiar with the matter. The agreement, finalised late last year, comes amid surging demand for hardware capable of supporting advanced AI applications. Also Read: xAI Raises USD 6 Billion in Series C Funding Competitors Also Bid for the... Read More

Kripa B January 12th, 2025 3:57 PM 0 COMMENTS

Lenovo Integrates AI and Robotics to Launch New Retail Solutions

Lenovo introduced three new retail solutions on Saturday at Retail's Big Show, NRF 2025, in New York City. These solutions combine robotics and artificial intelligence (AI) technologies to streamline operations, reduce costs, and enhance customer experiences. The company says that these solutions are field-tested and proven in commercial settings. Also Read: LG Electronics Announces Strategic Partnership With Microsoft for Empathetic AI Services Retail Content Management Services Lenovo's Retail Content Management... Read More

Kripa B January 12th, 2025 11:44 AM 0 COMMENTS

European Union Says Its AI Investment Is Only 4 Percent Compared to US

The European Union's (EU) push to establish itself as a leader in cutting-edge technologies, particularly artificial intelligence (AI), is hampered by underinvestment, regulatory hurdles, and fragmented coordination. These challenges threaten to derail efforts to compete with global powerhouses like the United States (US) and China, according to the European Commission. Also Read: EU Selects Seven Sites for First AI Factories, Marking EUR 1.5 Billion Investment EU Investments in AI The... Read More

Kripa B January 11th, 2025 9:39 PM 0 COMMENTS

GenAI Smartphones Set to Dominate 54 Percent of Shipments by 2028, Says Counterpoint

Generative artificial intelligence (GenAI) smartphones will account for over 54 percent of total smartphone shipments by 2028, with an installed base exceeding 1 billion, according to the latest report released by Counterpoint Research on Friday. Smartphone manufacturers such as Google, Samsung, and Apple have been at the forefront of integrating GenAI into their devices. Also Read: Microsoft to Invest USD 3 Billion in India to Boost AI, Cloud, and Skilling:... Read More

Kripa B January 11th, 2025 2:09 PM 0 COMMENTS

Perplexity AI to Expand Operations in India, Plans Hiring Push: Report

Artificial Intelligence (AI)-powered search startup Perplexity AI is reportedly seeking a candidate to help expand its operations in India. The role, announced by co-founder and CEO Aravind Srinivas on LinkedIn, involves working in a startup environment and engaging with strategic partners and institutions across the country. Also Read: Microsoft to Invest USD 3 Billion in India to Boost AI, Cloud, and Skilling: CEO Perplexity AI's Expansion in India India is a... Read More

Kripa B January 10th, 2025 10:29 PM 0 COMMENTS

CES 2025: Qualcomm Unveils AI Innovations and Collaborations Across Multiple Sectors

At CES 2025, Qualcomm Technologies showcased a range of artificial intelligence (AI) advancements and made significant announcements and collaborations across industries demonstrating how the company is transforming user experiences across diverse device categories, including PCs, automobiles, smart homes and enterprises. Also Read: CES 2025: Here Technologies Unveils AI Mapping Innovations and Strengthens Partnerships "AI is creating a generational shift in technology. In 2025, we will continue to see AI processing... Read More

Kripa B January 10th, 2025 12:13 PM 0 COMMENTS

Blackstone Invests USD 300 Million in AI and Data Intelligence Firm DDN

Blackstone has invested USD 300 million in an AI and data intelligence solutions company called DDN. On Thursday, January 9, DDN announced that it had received this investment from funds managed by Blackstone Tactical Opportunities (Blackstone) at a USD 5 billion valuation. This investment will be used to help fund DDN's growth as it meets its customer's fast-expanding AI and high-performance computing (HPC) software and infrastructure needs, Blackstone said. Also... Read More

Kripa B January 10th, 2025 10:27 AM 0 COMMENTS

Banglalink Launches AI-Powered Customer Service Chatbot Powered by Google

Bangladeshi operator Banglalink has launched an AI-based customer services chatbot. The chat engine is integrated into the MyBL Super App and the Rise App, and it is designed to offer instant solutions through "human-like conversations". The GenAI engine, co-created by Google and Banglalink, leverages advanced natural language processing (NLP) capabilities and assists customers in English, Bangla, and a hybrid of both languages. Also Read: UK Government Expands AI Chatbot Trials... Read More

Kripa B January 9th, 2025 9:08 PM 0 COMMENTS

Microsoft Signs Partnerships to Advance AI in Core Indian Sectors

Microsoft Chairman and CEO Satya Nadella announced Cloud and AI-led partnerships with the Government of India and other companies across key sectors of the Indian economy during the Microsoft AI Tour in New Delhi on Wednesday. This follows the announcement made the day before that Microsoft plans to invest USD 3 billion in cloud and AI infrastructure in India over the next two years, including the establishment of new data... Read More

Kripa B January 9th, 2025 4:40 PM 0 COMMENTS

Dutch Government Secures Nvidia Deal for AI Facility: Report

The Dutch government has reportedly reached a deal with Nvidia to supply hardware and technological expertise for a potential artificial intelligence (AI) supercomputer facility. This initiative is part of the Netherlands' broader effort to build a facility where an AI supercomputer can contribute to strengthening Europe’s digital economy and boosting AI research and development, according to a Reuters report. Also Read: Denmark Launches Sovereign AI Supercomputer Gefion with Nvidia Partnership... Read More

Kripa B January 9th, 2025 11:06 AM 0 COMMENTS

AMD Invests in Absci to Accelerate AI-Driven Drug Discovery

Generative AI drug creation company Absci Corporation announced on Wednesday a strategic collaboration with AMD to enhance its AI-driven drug discovery capabilities. Through this partnership, Absci will deploy AMD's Instinct accelerators and ROCm software to power critical AI drug discovery workloads, including de novo antibody design models. As part of the partnership, AMD is making a USD 20 million investment in Absci via a private investment in public equity (PIPE),... Read More