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Kripa B February 21st, 2025 3:24 PM 0 COMMENTS

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 First AI-Powered University System in US with OpenAI Enterprise Adoption Doubles "People hear about it through word of mouth. They... Read More

Kripa B February 21st, 2025 1:44 PM 0 COMMENTS

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 AI, Cloud, Skilling, and Cybersecurity AI's Impact on Wealth Management According to the report, Martin Moeller, head of AI and... Read More

Kripa B February 21st, 2025 1:16 PM 0 COMMENTS

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 do," the company explained. Also Read: AI Voice Startup ElevenLabs Secures USD 180 Million in Funding RingCentral AI Receptionist (AIR)... Read More

Kripa B February 21st, 2025 12:51 PM 0 COMMENTS

AI-Powered Running Startup Ochy Secures USD 1.7 Million, Announces Adidas adiClub Integration

Ochy, an AI-powered running gait analysis platform, has raised USD 1.7 million in a pre-seed funding round. The French startup also announced its integration into Adidas' adiClub loyalty program, marking a step toward its mission of enhancing performance and preventing injuries for runners worldwide, according to the company statement on February 19. Also Read: Glassbox Raises USD 1.2 Million to Transform Spreadsheet for AI-Enabled Corporate Transactions Investors Back Ochy's AI... Read More

Srikapardhi February 21st, 2025 12:43 PM 0 COMMENTS

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 center facility will be designed for advanced AI processing and will serve growing demand from hyperscalers, cloud and content providers,... Read More

Kripa B February 21st, 2025 11:52 AM 0 COMMENTS

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 (IQT), KHK and Partners, and Nvidia. Strategic investments came from Pegatron, Supermicro, Wistron, and Wiwynn, alongside existing investors such as... Read More

Kripa B February 20th, 2025 8:12 PM 0 COMMENTS

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, directly within the AlertMedia platform. Also Read: AI Cybersecurity Firm Dream Raises USD 100 Million to Enhance Capabilities AlertMedia’s AI... Read More

Kripa B February 20th, 2025 5:52 PM 0 COMMENTS

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 AI agents to refine hypotheses, filter redundant ideas, and simplify research outputs. Currently, it is available to scientists in Google's... Read More

Srikapardhi February 20th, 2025 2:41 PM 0 COMMENTS

Airtel Solarises Over 3300 Network Sites in Q3, Infuses AI Into Network for Energy Optimisation

Bharti Airtel has solarised over 3,300 network sites in the last quarter and more than 28,000 sites over the past six quarters, reducing its carbon footprint while simultaneously lowering costs. Sustainability is a key focus of the company's ESG strategy, with connectivity in remote parts of India being the top priority, followed by emissions reduction. Airtel has also infused artificial intelligence (AI) into its network to automatically manage network and... Read More

Kripa B February 20th, 2025 11:09 AM 0 COMMENTS

Uniqus Consultech Partners with Cranium AI to Enhance AI Risk Management

Uniqus Consultech, a tech-enabled platform that provides consulting solutions in the accounting and reporting, finance operations, governance, risk, ESG, and technology domains, has announced a strategic partnership with Cranium AI, a provider of AI Trust, Risk, and Security Management (TRiSM) solutions. The collaboration aims to enhance AI risk governance and compliance for enterprises worldwide, according to an official release on February 19. Also Read: CCC Intelligent Solutions to Acquire EvolutionIQ,... Read More

Srikapardhi February 20th, 2025 10:22 AM 0 COMMENTS

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 from the enhanced network capabilities. Also Read: Telstra Achieves 516 Mbps 5G SA Uplink Speed with Ericsson and Qualcomm AI,... Read More

Kripa B February 19th, 2025 11:38 PM 0 COMMENTS

Brahma Acquires Metaphysic to Expand AI-Powered Content Creation Capabilities

Brahma, an AI and content technology company formed by the DNEG Group, has acquired Metaphysic, a developer of AI content creation technologies, in a merger aimed at accelerating the development of AI-powered content tools for enterprises, IP rights-holders, and content creators across industries. Also Read: Jio Launches AI-Powered JioTele OS for Smart TVs in India New Era of AI Content Creation The acquisition values Brahma at USD 1.43 billion, with... Read More