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Kripa B December 19th, 2024 4:17 PM 0 COMMENTS

Trane Technologies to Acquire BrainBox AI for AI-Driven Building Technology

Trane Technologies, a climate technologies company, announced on Wednesday, December 18, that it has signed a definitive agreement to acquire BrainBox AI, a Montreal-based company specialising in autonomous HVAC (Heating, Ventilation, and Air Conditioning) controls and generative Artificial Intelligence (AI) building technology. BrainBox AI has developed an enterprise platform for autonomous building management. Also Read: Healwell AI to Acquire Orion Health and Strengthen AI-Driven Healthcare Solutions BrainBox AI's AI-Driven Solutions... Read More

Kripa B December 19th, 2024 1:18 PM 0 COMMENTS

Perplexity Acquires Carbon, Expands Publisher Program with 15 New Media Partners

AI company Perplexity announced on Wednesday, December 18, that it has acquired Carbon, a retrieval engine that connects external data sources to large language models. This acquisition will enable Perplexity users to directly connect apps like Notion and Google Docs, simplifying workflows and enhancing the AI's ability to pull insights from diverse data sources, including internal databases, cloud storage, and document repositories. Perplexity said it will soon integrate Carbon's data... Read More

Kripa B December 19th, 2024 10:44 AM 0 COMMENTS

Infosys Opens New Development Center in Kolkata for AI, Cloud and Digital Technologies

Infosys, an Indian IT services and consulting company, announced on Wednesday the inauguration of a new state-of-the-art, 320,000-square-foot development center (DC) in Kolkata, West Bengal. Built with an investment of over Rs 426 Crore, the facility is designed to accommodate over 4,000 employees in a hybrid working model, focusing on technologies like cloud, AI, and digital across industries such as manufacturing, logistics, and financial services. Also Read: Infosys Sees Strong... Read More

Kripa B December 18th, 2024 9:14 PM 0 COMMENTS

DexCom Launches GenAI Platform for Glucose Biosensing, Leveraging Google Cloud

DexCom, a glucose biosensing technology company, unveiled its proprietary Generative AI (GenAI) platform on Tuesday, December 17, becoming the first CGM manufacturer to integrate advanced AI into glucose biosensing technology. The new Dexcom GenAI platform leverages Google Cloud's Vertex AI and Gemini models to analyse individual health data, offering personalised insights that link lifestyle choices to glucose levels. This aims to help users make informed decisions to improve metabolic health, the... Read More

Srikapardhi December 18th, 2024 5:52 PM 0 COMMENTS

Lumen to Connect Prometheus Data Centers Across US to Support AI Growth

Lumen Technologies announced on Tuesday that it will provide advanced network services to US sustainable data centre specialist Prometheus Hyperscale (formerly Wyoming Hyperscale) to meet growing AI data demands. The deal will enable Prometheus to access Lumen's Private Connectivity Fabric platform, which includes the latest wavelength services and Dedicated Internet Access (DIA) with Distributed Denial of Service (DDoS) protection, to enhance capacity across multiple facilities. Also Read: Meta and Lumen... Read More

Kripa B December 18th, 2024 12:48 PM 0 COMMENTS

Nvidia Launches New Affordable AI Kit for Developers and Hobbyists

Nvidia has launched the Jetson Orin Nano Super Developer Kit, a compact generative AI supercomputer designed for developers, hobbyists, and students. Priced at USD 249 (down from USD 499), the new kit delivers a 1.7x increase in generative AI inference performance and a 70 percent boost to 67 INT8 TOPS. Additionally, it provides a 50 percent increase in memory bandwidth, now reaching 102 GBps compared to its predecessor, Nvidia said... Read More

Srikapardhi December 18th, 2024 9:37 AM 0 COMMENTS

Verizon and Nvidia Unveil AI-Powered Private 5G Network Solution for Enterprises

American wireless carrier Verizon has announced a new solution in collaboration with Nvidia that enables AI applications to run over Verizon's 5G private network with Mobile Edge Compute (MEC). This solution brings together Verizon's 5G private network and Nvidia's AI Enterprise software platform and Nvidia NIM microservices to deliver real-time AI services on premises for enterprises. The offering supports a wide range of use cases, including Generative AI, Computer Vision,... Read More

Kripa B December 17th, 2024 12:53 PM 0 COMMENTS

Liquid AI Raises USD 250 Million to Build Worm-Inspired AI Models: Report

Liquid AI, an MIT spin-off artificial intelligence startup and foundation model company, has reportedly closed a USD 250 million early-stage funding round, led by chipmaker Advanced Micro Devices (AMD), which is also its strategic partner, at a USD 2.3 billion valuation. Liquid AI develops Liquid Foundation Models (LFMs), which it claims are smaller, more efficient AI models for enterprise use, compared to traditional cloud-based offerings from OpenAI, AWS and Google... Read More

Srikapardhi December 17th, 2024 9:52 AM 0 COMMENTS

BT Group Enhances Customer Support with Generative AI in Partnership with Sprinklr

BT Group announced it has enhanced its customer support capabilities by integrating advanced AI (Artificial Intelligence) and generative AI technologies through a partnership with Sprinklr. The updated customer contact platform enables personalised, efficient experiences for EE and BT customers through conversational AI, while streamlining processes for customer service teams across Business, Consumer, and internal channels. Also Read: Bharti Global Completes Acquisition of 24.5 Percent Stake in BT Group Customer Support... Read More

Kripa B December 16th, 2024 11:17 PM 0 COMMENTS

Healwell AI to Acquire Orion Health and Strengthen AI-Driven Healthcare Solutions

Healthcare artificial intelligence company Healwell AI (Healwell) has announced that it has entered into an agreement to acquire 100 percent of Orion Health Holdings Limited, a New Zealand-based healthcare technology company. The transaction, valued at NZD 200 million (CAD 165 million), will significantly expand Healwell's reach in global healthcare technology, particularly in data interoperability and healthcare navigation, according to the official release. Orion Health's software platforms, Amadeus and Virtuoso, serve... Read More

Srikapardhi December 16th, 2024 8:56 PM 0 COMMENTS

GlobalLogic and Nokia Partner to Accelerate 5G Enterprise Solutions with Network APIs

Digital engineering firm GlobalLogic, a Hitachi Group company, has partnered with Finnish telecom gear maker Nokia to drive innovation across key enterprise verticals through 4G and 5G network-driven software (Application Programming Interfaces or APIs). Using Nokia's Network as Code platform and the developer portal, GlobalLogic’s team of software developers will be able to tap into advanced network capabilities, which will result in the creation of new, network-aware applications that can... Read More

Kripa B December 16th, 2024 4:07 PM 0 COMMENTS

5G FWA Is a Game-Changer for India’s Low Broadband Penetration, Says Qualcomm Executive: Report

US-based chip company Qualcomm reportedly said the Fixed Wireless Access (FWA) service is addressing India's low fixed broadband penetration, especially in underserved urban and rural areas. The company powers nearly 80 percent of the 5G FWA connections in the country, according to Qualcomm Technologies Group General Manager - Connectivity, Broadband and Networking Business Unit, Rahul Patel, in an interaction with ET. Also Read: Qualcomm Envisions a Hybrid AI Future with... Read More