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Kripa B November 13th, 2024 11:06 AM 0 COMMENTS

Amazon Invests USD 110 Million to Boost AI Research with Free Access to Trainium Chips

Amazon's cloud computing division (AWS) announced on Tuesday that it will provide free computing power to researchers interested in using its custom artificial intelligence chips, aiming to compete with Nvidia's dominance in the field. Amazon has announced a USD 110 million investment in the Build on Trainium program, aimed at expanding AI research and training opportunities. Also Read: Comviva and AWS Partner to Offer Cloud-First, AI-Driven Solutions for Telecom Providers... Read More

Srikapardhi November 13th, 2024 9:46 AM 0 COMMENTS

SoftBank and Nvidia Build AI-Powered 5G Network Using AI Aerial

Japan's SoftBank and Nvidia announced on Tuesday a series of collaborations designed to accelerate Japan's AI (Artificial Intelligence) initiatives while also unlocking billions of dollars in AI revenue opportunities for telecommunications providers worldwide. During his keynote at Nivida AI Summit Japan, Nivida founder and CEO Jensen Huang announced that SoftBank is building Japan's most powerful AI supercomputer using its Blackwell platform and plans to use the Grace Blackwell platform for... Read More

Kripa B November 12th, 2024 11:31 PM 0 COMMENTS

India Leads in AI Adoption, Outpacing Global Average, Says BCG Report

India is leading in Artificial Intelligence (AI) adoption, with new research from Boston Consulting Group (BCG) showing that 30 percent of Indian companies are effectively maximising the value through the use of this technology. Globally, 26 percent of companies are utilising AI, according to the BCG report. The Fintech, software, and banking sectors are increasingly using AI in their operations. Also Read: Microsoft Sees Lot of Momentum Around AI and... Read More

Kripa B November 12th, 2024 6:18 PM 0 COMMENTS

Naver Leverages AI to Enhance Search, Maps, and Shopping Services

South Korean internet company Naver announced on Monday its plans to enhance its search, map and other key services with its own artificial intelligence (AI) technologies. At the company's Dan 24 conference this week, Naver unveiled its "On-Service AI" plan aimed at enhancing major services. Also Read: SK Telecom and Samsung Leverage AI to Optimise 5G Base Station Quality Naver's AI Vision At the event, CEO Choi Soo-yeon disclosed plans... Read More

Srikapardhi November 12th, 2024 1:08 PM 0 COMMENTS

CtrlS Datacenters to Offer Direct Access to Oracle Cloud and AI Services

CtrlS Datacenters, Asia's largest Rated-4 data center operator, today announced that it will offer its customers direct, high-speed connectivity to Oracle Cloud Infrastructure (OCI) services, including AI tools and Oracle Autonomous Database. The new service, powered by OCI FastConnect, will be available through CtrlS' datacenters in Mumbai and Hyderabad, with expansion to other Indian cities like Bangalore, Noida, Lucknow, and Patna. Also Read: CtrlS and ConnectiviTree Team Up for High-Speed,... Read More

Kripa B November 12th, 2024 12:12 PM 0 COMMENTS

Onix Unveils Two AI-Powered Solutions to Tackle Data Challenges

Onix, a data, cloud, and AI solutions company, has launched two products—Kingfisher, a Synthetic Data Generator, and Phoenix, a framework for AI-driven business intelligence. According to Onix, these new additions to the company's Birds product suite are designed to address critical issues faced by modern enterprises, including data scarcity, compliance, privacy concerns, and the complexities of AI implementation. Also Read: Comviva and AWS Partner to Offer Cloud-First, AI-Driven Solutions for... Read More

Kripa B November 11th, 2024 10:14 PM 0 COMMENTS

Comviva and AWS Partner to Offer Cloud-First, AI-Driven Solutions for Telecom Providers

Customer experience and data monetisation solutions provider Comviva and Amazon's cloud unit, Amazon Web Services (AWS), announced a partnership on Monday to offer a next-generation software-as-a-service (SaaS) model to Communication Service Providers (CSPs). AWS will enable Comviva to build a cloud-first, artificial intelligence (AI)-driven strategy to achieve faster time to market and drive non-linear revenue growth, the company said. Also Read: Anthropic, Palantir, and AWS Partner to Bring Claude AI... Read More

Kripa B November 11th, 2024 6:38 PM 0 COMMENTS

L&T Technology Services Acquires Intelliswift to Boost AI and Digital Engineering Capabilities

Information technology firm L&T Technology Services (LTTS) announced the acquisition of Intelliswift, a Silicon Valley-based artificial intelligence (AI) firm for up to USD 110 million, to enhance its software product development, platform engineering, digital integration, data, and AI offerings. "With this acquisition, LTTS will also be able to address adjacent markets such as retail and fintech, along with the private equity channel," LTTS said in a press release. Also Read:... Read More

Kripa B November 11th, 2024 10:54 AM 0 COMMENTS

AI Agents Outperform GenAI for Enterprise Automation and Productivity, Says Deloitte Study

Artificial intelligence (AI) agents can be more effective tools compared to large language models (LLMs) or generative AI (GenAI) applications, opening new possibilities for driving enterprise productivity and program delivery through business process automation, according to a study by British professional services firm Deloitte. The report suggests that AI agents are reshaping industries by expanding the potential applications of GenAI and traditional language models. Multi-agent AI systems can significantly enhance... Read More

Kripa B November 10th, 2024 3:25 PM 0 COMMENTS

Wipro and Google Cloud Launch AI Experience Zone for Enterprises

Wipro Limited and Google Cloud announced on Thursday the launch of "Google Gemini Experience Zone," a new in-person AI exploration space where Wipro clients can experience Google's AI technologies and identify optimal generative AI use cases for their businesses. The first of these zones is now open at Wipro's Silicon Valley Innovation Center in Mountain View, California, with another set to launch soon in Bengaluru. Also Read: Saudi Arabia Partners... Read More

Kripa B November 9th, 2024 10:01 PM 0 COMMENTS

Google for Startups AI Academy India 2024 Launched to Empower AI Startups

Google has partnered with the MeitY Startup Hub to launch the Google for Startups AI Academy India 2024 program, aiming to accelerate the AI startup ecosystem in India. In line with the IndiaAI Mission, the initiative seeks to support Indian startups, providing mentorship, resources, and infrastructure to help them harness the potential of AI. Recently, Google partnered with the MeitY Startup Hub to empower 10,000 Indian startups on their AI journey. According... Read More

Kripa B November 9th, 2024 5:29 PM 1 COMMENTS

5G Combined with GenAI to Transform Industries, Says TCS: Report

Generative AI, along with 5G technology, has the potential to completely transform industries. Gen AI is definitely a buzzword these days. While people often use it in ways that may or may not actually align with its true meaning, there are clear use cases where it can have a significant impact, especially in telecom," said a senior executive from Tata Consultancy Services (TCS), according to an ET report. Also Read:... Read More