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Kripa B December 27th, 2024 1:53 PM 0 COMMENTS

Synopsys and SiMa.ai Partner to Accelerate Development of Automotive Edge AI Solution

Synopsys and SiMa.ai have joined forces to create a comprehensive solution designed to accelerate the development of workload-specific silicon and software needed to power artificial intelligence (AI)-enabled features in next-generation automobiles. This solution will combine Synopsys' electronic design automation (EDA), automotive-grade IP, and hardware verification tools with SiMa.ai's machine learning accelerator (MLA) IP and ML software stack application development environment for maximum customisation of IP, subsystems, chiplets, and SoCs. Also... Read More

Kripa B December 27th, 2024 9:58 AM 3 COMMENTS

Equinix and Dell Technologies Launch Private AI Solution

Equinix, a digital infrastructure provider, has partnered with Dell Technologies and Nvidia to offer a private AI solution that enables businesses to train AI models on public and private clouds deployed on-premises. This solution is built on the Dell AI Factory with Nvidia, featuring Dell PowerEdge XE9680 with Nvidia GPUs, the Nvidia Spectrum-X Ethernet platform, Nvidia BlueField-3 DPUs, and the Dell PowerScale F710 storage. This means the solution combines accelerated... Read More

Kripa B December 26th, 2024 11:42 PM 0 COMMENTS

Dareesoft Completes PoC of AI-Powered Road Hazard Detection Service in Dubai

Dareesoft, an AI-based real-time road hazard data provider, has completed a proof of concept (PoC) for its AI-driven RiaaS (Road Hazard Information as a Service) in Dubai, UAE. The demonstration, according to the company, showcased the system's ability to detect over 2,000 road hazards in real-time. Building on this achievement, Dareesoft announced on December 25 that it plans to expand its sales network across the Middle East, starting with the... Read More

Kripa B December 26th, 2024 6:39 PM 0 COMMENTS

xAI Raises USD 6 Billion in Series C Funding

xAI, the artificial intelligence (AI) firm co-founded by Elon Musk, has raised USD 6 billion in its Series C funding round, with participation from key investors including A16Z, Blackrock, Fidelity Management and Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, among others, the company said in a blog post on December 24. Strategic investors Nvidia and AMD also participated in... Read More

Kripa B December 26th, 2024 2:37 PM 0 COMMENTS

Zenity Launches AISPM Solution to Secure AI Skills Built on Microsoft Fabric

Zenity, an application security platform for Agentic AI, has introduced its AI Security Posture Management (AISPM) capabilities to help organisations secure and govern AI skills built on Microsoft Fabric. The platform gives security and platform teams the ability to monitor, manage, and protect AI skills, their underlying data, and the business context of their use across the enterprise. Also Read: Norwood Systems Launches AI Voice Platform for Operators with Microsoft... Read More

Kripa B December 26th, 2024 12:27 PM 0 COMMENTS

Olympian Motors Expands Collaboration with Nvidia to Advance AI-Powered EV Platform

Olympian Motors has announced an expanded collaboration with Nvidia to accelerate the development of its Olympus Platform, an open, modular, AI-driven electric vehicle (EV) platform. This collaboration integrates Nvidia's DRIVE AGX Orin platform and the Nvidia Inception Program to create a new protocol to design, develop and deploy AI models and application to electric vehicles. Also Read: iGenius and Nvidia to Build AI Supercomputer for Highly Regulated Sectors Features of... Read More

Kripa B December 26th, 2024 11:06 AM 0 COMMENTS

Jet.AI Launches Agentic AI Model for Private Jet Booking

Private aviation and artificial intelligence company Jet.AI has launched its agentic AI model, "Ava," which streamlines the process of booking private jets. Customers can now book a private jet by texting or calling. Ava provides real-time aircraft availability, transparent pricing, and expert guidance to help users select the best jet for their trip, according to the company. Also Read: Returned.com Streamlines Online Returns with New Voice AI Feature CharterGPT App... Read More

Kripa B December 25th, 2024 7:52 PM 0 COMMENTS

Doc.com Enhances Its AI Healthcare Platform with New Developments

Doc.com, a healthcare technology company that claims to accelerate the world's transition to AI-optimised healthcare accessibility and care, has announced the development of a comprehensive, global healthcare platform. The platform combines AI, augmented reality, and blockchain technology with tools for telemedicine, hospital optimisation, and drug development. Also Read: Healwell AI to Acquire Orion Health and Strengthen AI-Driven Healthcare Solutions AI-Optimised Telemedicine Doc.com announced it is developing AI-optimised telemedicine services, named... Read More

Kripa B December 25th, 2024 5:04 PM 0 COMMENTS

CCC Intelligent Solutions to Acquire EvolutionIQ, Expanding AI Capabilities in Insurance Claims

CCC Intelligent Solutions (CCC), a cloud platform provider for the P&C insurance industry and a subsidiary of CCC Intelligent Solutions Holdings (CCCS), has announced that it has signed a definitive agreement to acquire EvolutionIQ, an AI-powered claims management platform, for USD 730 million. The deal, combining approximately 40 percent in CCCS stock and 60 percent in cash, is expected to close in Q1 2025, subject to customary closing conditions. Also... Read More

Kripa B December 24th, 2024 5:28 PM 0 COMMENTS

Bajaj Finance to Be a FinAI Company in Its Next Growth Phase

Indian financial services company Bajaj Finance has set ambitious growth goals under its BFL 3.0 initiative. The company aims to become an early adopter of emerging technologies such as artificial intelligence (AI) to drive growth and reduce costs. Bajaj Finserv currently has over 300 projects across its companies focused on leveraging Generative AI (GenAI), as shared during its 'Investor Day' presentation to analysts and investors at the Group meeting in... Read More

Kripa B December 24th, 2024 11:22 AM 0 COMMENTS

StarHub Partners with Infosys Compaz to Enhance AI and Cloud Capabilities

Infosys Compaz, a joint venture between Infosys and Temasek, has deepened its partnership with Singapore's StarHub to accelerate its digital transformation. Infosys Compaz will focus on transforming StarHub into a cloud-first enterprise, prioritising AI, cloud technologies, and cybersecurity solutions, Infosys announced in a statement this month. Also Read: StarHub Launches 10 Gbps Ultraspeed Broadband AI and Cloud for Workplace Transformation Infosys Compaz will deliver workplace transformation tools and AI solutions... Read More

Kripa B December 23rd, 2024 8:28 AM 0 COMMENTS

Google AI Powers Over 300 Real-World Gen AI Use Cases: December 2024 Edition

Google released its new AI model, Gemini 2.0, this month, marking a significant step into the agentic era. The model features advanced multimodality capabilities, such as native image and audio output, as well as native tool use, enabling the creation of universal AI agents. Gemini 2.0 can process images, audio, video, and text inputs, and generate text, images, and multilingual text-to-speech outputs. It supports advanced multimodal reasoning and long-context understanding.... Read More