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Kripa B December 9th, 2024 4:52 PM 0 COMMENTS

AI Transforming Global Businesses Across Industries: Microsoft Ignite 2024

At Microsoft Ignite 2024, some of the world's largest organisations showcased real-world examples of how they are harnessing the power of Microsoft's Copilot and artificial intelligence (AI) technologies to transform operations, enhance customer experiences, and drive cost efficiencies. Ignite is Microsoft's annual flagship event showcasing the latest innovations and product updates to enable customers, partners and developers to unleash the full potential of Microsoft's technology. Also Read: Microsoft Says AI... Read More

Kripa B December 9th, 2024 2:43 PM 0 COMMENTS

Airtel Says Flagged 8 Billion Spam Calls with AI Solution

Bharti Airtel, India's first spam-fighting telecom network, has flagged 8 billion spam calls and 0.8 billion spam SMSes within two and a half months of launching its artificial intelligence (AI)-powered solution. Leveraging advanced algorithm, the AI-powered network has identified 1 million spammers everyday, Airtel said while sharing its spam report on Monday. The company has alerted 252 million unique users to suspicious activity, resulting in a 12 percent reduction in... Read More

Kripa B December 8th, 2024 6:26 PM 1 COMMENTS

IDFC FIRST Bank Launches AI-Powered Holographic Avatar of Its Brand Ambassador

IDFC FIRST Bank has unveiled an artificial intelligence (AI)-powered holographic digital avatar of its brand ambassador, Bollywood actor Amitabh Bachchan, which the company claims is setting a new standard in customer engagement and innovation. The Holographic Extended Reality (HXR) device, launched at the bank's Juhu branch in Mumbai, allows customers to interact with the avatar via touch, providing information on services such as Zero Fee Banking, Monthly Interest Credits, Mobile... Read More

Kripa B December 8th, 2024 12:14 PM 0 COMMENTS

Palantir and Anduril Launch AI Consortium to Strengthen US National Security

Palantir and defense technology company Anduril Industries have teamed up to form a new consortium focused on ensuring US leadership in artificial intelligence (AI) for national security. The initiative aims to overcome key challenges in AI adoption within defense sectors: data readiness and processing at scale. Also Read: OpenAI and Anduril Partner to Develop AI Solutions for US National Security Key Challenges in AI Adoption for Defense "Our goal is... Read More

Kripa B December 7th, 2024 6:23 PM 0 COMMENTS

HubSpot to Acquire Conversation Intelligence Platform Frame AI to Enhance CRM Capabilities

HubSpot, a customer platform for scaling businesses, has announced that it has signed an agreement to acquire Frame AI, an AI-powered conversation intelligence platform. The deal aims to enhance HubSpot's ability to unify structured and unstructured customer data, delivering actionable insights to drive business growth. Also Read: Kaynes Technology Acquires Austria’s Sensonic to Enhance Railway Solutions Using AI Frame AI's Technology Frame AI's technology transforms unstructured data—such as emails, calls,... Read More

Kripa B December 7th, 2024 1:00 PM 0 COMMENTS

Wipro, SIAM.AI, and Nvidia Team Up to Build AI-Powered Tourism Assistant for Thailand

Wipro, an Indian technology services and consulting company, has partnered with Thailand's SIAM.AI and Nvidia to launch 'Sukjai,' an AI-powered digital assistant designed to enhance the travel experience for domestic and international tourists in Thailand. This collaboration is part of the country's sovereign AI initiatives, focusing on utilising local infrastructure and data while maintaining AI independence. Also Read: Wipro and Google Cloud Launch AI Experience Zone for Enterprises AI-Powered Travel... Read More

Kripa B December 6th, 2024 10:42 PM 0 COMMENTS

xAI Secures USD 6 Billion in New Funding to Enhance AI Capabilities

xAI, Elon Musk's artificial intelligence (AI) company, has raised USD 6 billion in new capital, according to a regulatory filing. The equity financing came from 97 investors and includes stakes as small as USD 77,593, as stated in the filing with the US Securities and Exchange Commission on Thursday. The filing did not disclose the identities of the investors. Furthermore, the company has not provided specific information regarding its valuation... Read More

Kripa B December 6th, 2024 3:50 PM 0 COMMENTS

Nvidia to Open Research and Development Center in Vietnam to Boost AI Development

Nvidia, on Thursday, announced that it is opening its first Research and Development (R&D) center in Vietnam, reinforcing its commitment to the "country's bright artificial intelligence (AI) future." The center, developed in collaboration with the Vietnamese government, will focus on AI software development, tapping into Vietnam's robust STEM talent pool. Also Read: Nvidia Partners with US Tech Companies to Accelerate Custom AI Applications AI Applications for Key Industries Nvidia will... Read More

Kripa B December 6th, 2024 2:02 PM 0 COMMENTS

Ericsson to Integrate AI Agents for Autonomous Network Operations: Report

Swedish telecommunications company Ericsson is reportedly advancing its push to integrate artificial intelligence (AI) into telecom products and services, aiming for fully autonomous network operations. The company has established AI accelerator hubs in North America, Sweden, and India to develop AI-driven solutions for telecom challenges, according to an ET report. Also Read: Ericsson Enhances Focus on AI, Gen AI and Network APIs at India R&D Centers Gen AI Powers Autonomous... Read More

Kripa B December 6th, 2024 9:38 AM 0 COMMENTS

Microsoft Announces AI Skills Initiative to Train 1 Million People in Poland by 2025

Microsoft has announced a new AI training initiative in Poland to train one million people with artificial intelligence (AI) skills by 2025. This effort builds on the company's investment in development of the Polish Digital Valley, under which the company has already trained over 430,000 IT specialists, business representatives, partners and students, and opened the cloud computing region Azure Poland Central. Also Read: Microsoft and Latvia Collaborate to Establish National... Read More

Kripa B December 5th, 2024 11:06 PM 0 COMMENTS

OpenAI and Anduril Partner to Develop AI Solutions for US National Security

Anduril Industries, a defense technology firm, has announced a strategic partnership with OpenAI, the maker of ChatGPT and AI models such as GPT 4o and OpenAI o1, to develop and deploy advanced artificial intelligence (AI) solutions solutions for national security missions. By combining OpenAI's advanced AI models, with Anduril's defense systems and Lattice software platform, the collaboration aims to improve the nation's defense systems that protect US and allied military... Read More

Kripa B December 5th, 2024 8:05 PM 0 COMMENTS

Citigroup Rolls Out AI Tools to Boost Employee Productivity: Report

Citigroup has started rolling out new artificial intelligence (AI) tools for its employees. The financial services company has introduced two AI tools, Citi Assist and Citi Stylus, to enhance productivity for its 140,000 employees across eight countries, including the US, Canada, Hungary, India, Ireland, Poland, Singapore, and the United Kingdom, according to a Reuters report. Citi Assist helps staff navigate internal bank policies and procedures, while Citi Stylus can summarise,... Read More