AI

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OpenAI Records 400 Million Active Users, Sees USD 11 Billion Revenue as Possible Goal: Report

OpenAI Records 400 Million Active Users, Sees USD 11 Billion Revenue as Possible Goal: Report

San Francisco-based OpenAI has reached 400 million weekly active users, marking a 33 percent increase from 300 million in December, according to COO Brad Lightcap. The surge underscores the growing adoption of ChatGPT, fueled by word-of-mouth popularity and increasing enterprise demand, CNBC reported. Also Read: California State University to Become … Read More

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AI to Transform Wealth Management, Says Microsoft Executive: Report

AI to Transform Wealth Management, Says Microsoft Executive: Report

Artificial intelligence (AI) is set to transform wealth management by lowering entry barriers for startups and reshaping competition with established banks. “Artificial intelligence will bring major upheaval to wealth management, a Microsoft executive said, according to a Reuters report. Also Read: Microsoft to Invest PLN 2.8 Billion in Poland in … Read More

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RingCentral Forays Into Agentic AI, Launches AI Receptionist for Business Call Handling

RingCentral Forays Into Agentic AI, Launches AI Receptionist for Business Call Handling

AI-powered business communications provider RingCentral has introduced RingCentral AI Receptionist (AIR), an AI-driven phone agent designed to streamline customer interactions and call routing. “AIR is an AI phone agent that uses generative AI to automatically answer customer questions and transfer callers to the right place, much like traditional full-time receptionists … Read More

Srikapardhi

DataVolt to Develop AI-Ready Data Center in Riyadh

DataVolt to Develop AI-Ready Data Center in Riyadh

DataVolt, a developer and operator of digital infrastructure, has signed a land lease agreement with the Saudi Authority for Industrial Cities and Technology Zones (MODON) to build a state-of-the-art, AI-ready data center in Riyadh. The 55,000-square-meter facility will be located in the First Technology Park in east Riyadh. “The data … Read More

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Lambda Secures USD 480 Million to Expand AI Cloud Platform

Lambda Secures USD 480 Million to Expand AI Cloud Platform

Lambda, the AI Developer Cloud company, has raised USD 480 million in a Series D funding round, bringing its total equity capital to USD 863 million. The round was co-led by Andra Capital and SGW, with participation from new investors, including Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel … Read More

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AlertMedia Launches AI Assistant to Enhance Emergency Communication

AlertMedia Launches AI Assistant to Enhance Emergency Communication

Emergency communication, threat intelligence, and travel risk management provider AlertMedia has launched an AI Assistant, a generative AI-powered tool designed to help organisations communicate effectively during critical events. According to the company, the AI Assistant enables crisis management and response teams to draft, edit, and translate emergency notifications within seconds, … Read More

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Google Launches AI Co-Scientist to Assist Researchers

Google Launches AI Co-Scientist to Assist Researchers

Google has launched an AI co-scientist, a new AI system powered by Gemini 2.0, designed to assist researchers in generating hypotheses, summarising scientific literature, and proposing experimental approaches. The system operates through a chatbot interface, where users specify a research goal, and the AI provides structured insights. It employs multiple … Read More

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Telstra and Ericsson Partner to Roll Out Programmable Network with 5G Advanced Capabilities

Telstra and Ericsson Partner to Roll Out Programmable Network with 5G Advanced Capabilities

Telstra is set to become the first communications service provider in the Asia-Pacific region to deploy a high-performing, programmable 5G Advanced network, following a four-year partnership with Ericsson, according to an announcement made on Thursday 20. With this deployment, customers of the Australian communications service provider (CSP) Telstra will benefit … Read More

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