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Kripa B December 2nd, 2024 8:04 PM 0 COMMENTS

HCLTech and Google Cloud Partner for AI-Driven Cybersecurity Solutions

Indian IT company HCLTech announced on Monday that it has joined forces with Google Cloud Security to provide AI-driven Managed Detection and Response (MDR) solutions, offering enterprises comprehensive security coverage to respond to cyber threats. The HCLTech UMDR (Universal Managed Detection and Response) solution will leverage HCLTech's Fusion Platform with Google Cloud's security technology to deliver enterprises with proactive threat detection and response, according to a joint statement. Also Read:... Read More

Kripa B December 2nd, 2024 8:58 AM 6 COMMENTS

AI to Accelerate Drug Discovery and Medical Advancements: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani highlighted the importance of artificial intelligence (AI) in genomics and life sciences, stating it will dramatically transform biomedical research and drug discovery in the coming decades. Ambani's remarks came during the virtual launch of CancerSpot, a blood-based test for early cancer detection developed by Strand Lifesciences, a Reliance subsidiary, according to a Business Standard report. Also Read: AI Will Cure a Lot of Cancers, Says... Read More

Kripa B December 1st, 2024 4:31 PM 0 COMMENTS

OpenAI Targets 1 Billion Users by 2025 with AI Innovations and Apple Partnership: Report

OpenAI is reportedly aiming to reach 1 billion users by 2025 as it rolls out new artificial intelligence products (AI), builds its own data centres, and strengthens its crucial partnership with Apple to drive its next phase of growth. The AI-powered ChatGPT chatbot has acquired 250 million weekly active users since its launch and plans to expand further by launching AI "agents", a proprietary AI-powered search engine, and deeper ChatGPT's... Read More

Kripa B December 1st, 2024 10:48 AM 0 COMMENTS

Meta Plans USD 10 Billion Subsea Cable to Manage Global Data Traffic: Report

Meta, the parent company of Facebook, Instagram, and WhatsApp, is reportedly planning to build its first fully owned, large-scale fiber-optic subsea cable extending around the globe. The project, spanning over 40,000 kilometers, is expected to require an investment of more than USD 10 billion. It aims to enhance Meta's infrastructure to meet the growing demand for data usage driven by its artificial intelligence (AI) products and services, according to a... Read More

Kripa B November 30th, 2024 10:28 PM 0 COMMENTS

India is a Leader in AI-Driven Sustainability Initiatives, Says IBM 2024 Report

India is emerging as a global leader in AI-powered sustainability. According to IBM's first-ever State of Sustainability Readiness Report, 98 percent of Indian business leaders surveyed plan to increase investments in IT for sustainability over the next 12 months. The research highlights that the majority of Indian respondents view investments in IT as vital not only for environmental responsibility but also to drive long-term business resilience (61 percent) and brand... Read More

Kripa B November 30th, 2024 11:45 AM 0 COMMENTS

India Climbs to 49th Rank in Network Readiness Index 2024

India has climbed 11 places to secure the 49th rank in the Network Readiness Index (NRI) 2024, as per the report released by the Portulans Institute on November 21, 2024. This marks a significant improvement from its 60th position in 2023, with its overall score rising from 49.93 to 53.63, Ministry of Communications said, citing the report. Also Read: Telecom Operators Must File Tariffs with TRAI Within 7 Days of... Read More

Kripa B November 29th, 2024 10:44 PM 0 COMMENTS

Most Indian CFOs See GenAI Enhancing Tax Efficiency, EY Survey

Generative AI (GenAI) is poised to revolutionise tax and finance operations, with 94 percent of CFOs and Finance and Tax leaders in India believing it will significantly enhance their tax functions—a sharp rise from 19 percent in 2023, a new survey by EY reveals. Globally, 87 percent of leaders echo this sentiment, underscoring GenAI's potential to revolutionise tax functions worldwide. Also Read: Gen AI and Quantum Computing to Generate 10... Read More

Kripa B November 29th, 2024 3:30 PM 0 COMMENTS

Gen AI and Quantum Computing to Generate 10 Lakh Jobs by 2030: Report

Emerging technologies such as Generative AI (Gen AI) and Quantum Computing are expected to create over 10 lakh jobs by 2030, according to a report released by staffing firm Quess Corp on November 27. The report highlights strong demand for tech skills, with Cybersecurity and DevOps leading the charge, recording 58 percent and 25 percent growth in Q2FY25, respectively. Also Read: AI-Driven Transformation to Add 33.9 Million Jobs to India’s... Read More

Kripa B November 29th, 2024 1:23 PM 0 COMMENTS

LG and Tenstorrent Strengthen Partnership to Enhance AI Chip Capabilities

LG Electronics and Tenstorrent have expanded their collaboration to develop advanced System-on-Chips (SoCs) and systems for the global market. Building on their initial chiplet project, the partnership aims to enhance LG's AI chip capabilities for its home appliances, smart home solutions, and future mobility applications. Also Read: Amazon Invests USD 110 Million to Boost AI Research with Free Access to Trainium Chips Strengthening AI Competitiveness Recognising the critical role of... Read More

Kripa B November 29th, 2024 10:53 AM 0 COMMENTS

NTT DATA to Acquire Niveus Solutions to Strengthen AI and Google Cloud Capabilities

NTT DATA has agreed to acquire Niveus Solutions, a cloud engineering company specialising in Google Cloud Platform (GCP) services. Once the transaction is completed, Niveus Solutions will add 1,000 GCP engineering professionals with expertise in GCP native modernisation, data engineering and AI to enhance NTT DATA's Google Cloud Business Unit, the company announced on November 27. Also Read: NTT DATA and Google Cloud Join Forces to Propel AI Adoption in... Read More

Kripa B November 28th, 2024 9:57 PM 0 COMMENTS

IMAX Partners with CAMB.AI for AI-Powered Content Localisation Services

Global entertainment technology and cinematic experience company IMAX will use content localisation services from CAMB.AI, an India-based AI translation and speech emulation company, to deliver an enhanced entertainment experience and cater to a larger audience. CAMB.AI announced a partnership with IMAX on November 27 to provide these services, where CAMB.AI will utilise its DubStudio platform to perform content localisation on IMAX original content, including IMAX documentaries, into multiple languages. Also... Read More

Kripa B November 28th, 2024 8:44 PM 0 COMMENTS

Lunit Partners with Salud Digna to Advance AI in Medical Imaging

Lunit, a provider of AI-powered solutions for cancer diagnostics and therapeutics, announced a strategic partnership with Salud Digna, one of Mexico's largest medical networks, on Wednesday. Under the agreement, Lunit will deliver its AI-powered medical imaging solutions to Salud Digna's network of clinics across Mexico and Central America. Also Read: AI Will Cure a Lot of Cancers, Says JPMorgan’s CEO: Report AI to Transform Diagnostic Capabilities The collaboration will bring... Read More