AI

Home
AI

Kripa B December 5th, 2024 6:43 PM 0 COMMENTS

Akash Systems Signs USD 27 Million Deal with NxtGen for Diamond Cooled AI Servers

Akash Systems has signed a USD 27 million (Rs 225 crores) contract with NxtGen Datacenter and Cloud Technologies, India's largest sovereign cloud provider, to supply its Diamond Cooled servers for data centers across India. "The collaboration will position NxtGen as the world's most energy-efficient AI compute solutions provider by using Nvidia and AMD GPUs that are Diamond Cooled by Akash. The new servers will support NxtGen's mission to provide energy-efficient... Read More

Kripa B December 5th, 2024 1:08 PM 0 COMMENTS

Microsoft and Latvia Collaborate to Establish National AI Hub and Advance AI Innovation

Latvia's Ministry of Economics, Ministry of Smart Administration, the Investment and Development Agency (LIAA), and the State Digital Development Agency signed a Memorandum of Understanding (MoU) with Microsoft on December 3 to boost the country's digital transformation. The agreement focuses on collaborating with Microsoft to develop a National Center for Artificial Intelligence (AI) and modernise public administration through AI and digital solutions. Also Read: Denmark Launches Guidelines for AI Implementation... Read More

Kripa B December 5th, 2024 11:58 AM 0 COMMENTS

Stc Group and Bell Labs Trial Generative AI for Faster Service Provisioning

Saudi Arabia's Stc Group and Nokia's Bell Labs Consulting have successfully trialled a generative AI solution that will streamline service provisioning, reduce time to market, and lower costs. The generative artificial intelligence (AI) solution simplifies Stc Group's complex network of multi-technology and multi-vendor systems, enhancing efficiency and saving resources for businesses and customers. Also Read: Swisscom Launches Swiss AI Platform for Businesses in Switzerland Benefits of the AI Solution for... Read More

Kripa B December 5th, 2024 10:52 AM 0 COMMENTS

Meta Announces USD 10 Billion AI Data Center in Louisiana

Facebook-parent Meta, in partnership with Louisiana Economic Development (LED), has announced plans for a USD 10 billion artificial intelligence (AI) data center in Richland Parish, Louisiana. Spanning 4 million square feet on 2,250 acres, the facility will be the Meta's largest in the world. Construction is slated to begin this month and will continue through 2030. Also Read: Meta Plans USD 10 Billion Subsea Cable to Manage Global Data Traffic:... Read More

Kripa B December 4th, 2024 11:00 PM 0 COMMENTS

Rubrik Launches Annapurna API Service for Generative AI Applications

Cybersecurity firm Rubrik on December 3 launched an application programming interface (API) service called 'Annapurna', integrated with Amazon Bedrock, to enable customers to quickly build enterprise-grade generative artificial intelligence (GenAI) applications. Rubrik said its Annapurna API service is designed to enable fast access to secure data embeddings from Rubrik Security Cloud. This integration with Amazon Bedrock allows customers to access a broad selection of high-performing foundation models (FMs) for developing... Read More

Kripa B December 4th, 2024 5:00 PM 0 COMMENTS

Google AI Innovations: Key Announcements From October and November 2024

Google has been upgrading its products and services by infusing artificial intelligence (AI) into them to deliver a better experience for its users. Whenever such an upgrade happens, Google announces it so that customers can make the best use of its AI-powered products or services. In fact, Google states that the company is working to unlock AI's benefits in fields as wide-ranging as healthcare, crisis response, and education. Also Read:... Read More

Kripa B December 4th, 2024 1:03 PM 0 COMMENTS

Kaynes Technology Acquires Austria’s Sensonic to Enhance Railway Solutions Using AI

Mysore-based integrated electronics manufacturer Kaynes Technology India Limited has acquired a 54 percent controlling stake in Austria-based company Sensonic GmbH through its wholly owned subsidiary, Kaynes Holding Pte Limited (Kaynes Singapore). The transaction, finalised after regulatory approvals, strengthens Kaynes Technology's position in the global infrastructure technology market, according to an exchange filing. Also Read: Philips Unveils AI-Powered CT 5300 System for CT Imaging at RSNA 2024 Integrates AI, ML, and... Read More

Kripa B December 3rd, 2024 11:03 PM 0 COMMENTS

Nebius Raises USD 700 Million to Accelerate AI Infrastructure Expansion, Backed by Nvidia

AI infrastructure company Nebius Group (Nebius) announced on Monday that it has entered into an agreement to raise USD 700 million in private placement financing from investors, including Nvidia, Accel, and certain accounts managed by Orbis Investments. The financing aims to accelerate Nebius’ previously announced plans to expand its AI infrastructure, encompassing large-scale GPU clusters, data centers, and tools and services for developers. The funds will also support the Nebius AI Studio, which offers affordable... Read More

Srikapardhi December 3rd, 2024 4:24 PM 0 COMMENTS

Verizon Advances Fiber Network Capacity To Support AI Workloads

US wireless carrier Verizon has successfully tested the transportation of 1.6 terabits per second of data across a single wavelength on its live metro fiber network. Utilising Ciena's WaveLogic 6 Extreme (WL6e) coherent optical solution, the trial, conducted in Boston, demonstrated data travelling farther and faster across Verizon's fiber network. This upgrade enhances the network's ability to handle the workloads generated by artificial intelligence (AI) applications, particularly Generative AI, according... Read More

Kripa B December 3rd, 2024 10:15 AM 0 COMMENTS

Philips Unveils AI-Powered CT 5300 System for CT Imaging at RSNA 2024

Global health technology company Royal Philips has unveiled significant advancements in clinical decision-support with its artificial intelligence (AI) and smart workflow automation integrated into the newly introduced CT 5300 system, which debuted in North America at RSNA 2024. According to the company, the Philips' CT Smart Workflow features a comprehensive suite of AI-enabled 'Precise' software solutions that assist at every step of the CT workflow, freeing technicians and radiologists from... Read More

Kripa B December 3rd, 2024 12:14 AM 0 COMMENTS

OpenAI CEO Sam Altman Confident in Trump’s Support for AI

OpenAI CEO Sam Altman on Sunday expressed confidence that US President-elect Donald Trump's administration would support the artificial intelligence (AI) sector to ensure the United States and its allies continue to lead it. Speaking to US broadcaster Fox News on Sunday, Altman said AI technology needed massive infrastructure support and that he believed Trump would be good at providing it. Also Read: OpenAI Targets 1 Billion Users by 2025 with... Read More

Kripa B December 2nd, 2024 9:31 PM 0 COMMENTS

Trilegal Partners with Lucio to Drive AI-Powered Transformation in Legal Services

Trilegal, India's full-service law firm, announced on November 29 its partnership with Lucio, an AI-powered legal technology platform. Trilegal and Lucio are working towards implementing the AI suite with a view to enhancing efficiency, automating routine tasks, and allowing the firm's lawyers to focus on high-value work, the company said in a press release. Also Read: 68 Percent of Companies to Utilise AI for Hiring by 2025: Report AI Role... Read More