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Srikapardhi October 21st, 2024 6:18 PM 0 COMMENTS

Responsible AI Can Unlock New Revenue Streams and Growth for Telcos: McKinsey

Telcos that use responsible AI frameworks can unlock new revenue streams and spur long-awaited growth, according to a recent McKinsey report titled Responsible AI: A Business Imperative for Telcos. The report highlights that telecom companies are increasingly turning to artificial intelligence (AI) as a strategic lever to compete with tech companies and drive growth. Also Read: Telcos Have Reached a Saturation Point with Limited Monetisation Prospects? Responsible AI (RAI) According to... Read More

Kripa B October 21st, 2024 2:28 PM 0 COMMENTS

DataStax Launches AI Platform with Nvidia, Cutting AI Development Time by 60 Percent

DataStax has announced the launch of the DataStax AI Platform, built with Nvidia AI, which reportedly reduces AI development time by 60 percent. This platform integrates the DataStax AI Platform with Nvidia AI Enterprise software, enabling enterprises to build, deploy, and fine-tune AI applications faster and more accurately, the company said. The platform is designed to streamline the entire AI lifecycle—from data ingestion to application development—allowing companies to create more accurate,... Read More

Kripa B October 21st, 2024 12:41 PM 0 COMMENTS

AI Can Enhance Aviation Efficiency, Says British Airways CEO: Report

British Airways CEO opined that artificial intelligence (AI) can significantly improve efficiency in the aviation industry. The Global CEO of British Airways Sean Doyle said AI is becoming increasingly important in enhancing customer experiences and operational efficiency, as he outlined the airline's expansion plans as it marks 100 years of flying to India, according to a CNBC-TV18 report. Also Read: Qualcomm Partners with Indian ODMs to Boost Edge AI Deployment:... Read More

Kripa B October 21st, 2024 10:50 AM 0 COMMENTS

IBM Releases New AI Models Built for Business

IBM announced the launch of its most advanced AI models to date, the Granite 3.0 family, designed to elevate enterprise AI and open-source development, at its annual TechXchange event. This new suite of models—available under the permissive Apache 2.0 license—delivers high performance, flexibility, and safety across a wide range of tasks. Also Read: Vodafone Idea Set to Finalise IT Outsourcing Deals, Reducing Dependence on IBM: Report IBM Granite 3.0 Models... Read More

Kripa B October 21st, 2024 8:32 AM 0 COMMENTS

Perplexity AI Plans to Raise USD 500 Million in Funding at USD 9 Billion Valuation: Report

Artificial intelligence (AI) search company Perplexity AI has reportedly started fundraising talks, aiming to more than double its valuation to about USD 9 billion or more. The company now plans to raise around USD 500 million, though the amount is subject to change, CNBC reported, citing people familiar with the matter. This follows a significant increase from its USD 3 billion valuation in June. Also Read: Telefonica’s Wayra Invests in... Read More

Kripa B October 20th, 2024 7:56 PM 0 COMMENTS

AI in Action: From Autonomous Vehicles to Empowering Educators, Weekend Roundup

Artificial intelligence (AI) continues to drive innovation across industries, from self-driving cars to education and workforce productivity. Companies like Sony, Honda, and Microsoft are leading the charge by integrating AI to enhance products, streamline operations, and empower professionals. Let's explore the latest developments in AI in our weekend article. Also Read: Jio Showcases AI Tools, Industry 5.0 and More Innovations at IMC2024 1. Sony and Honda to Integrate AI in... Read More

Kripa B October 20th, 2024 6:52 PM 0 COMMENTS

Bain & Company Expands OpenAI Partnership to Accelerate AI Solutions Delivery

Global management consulting firm Bain & Company announced on Thursday an expanded partnership with OpenAI to accelerate AI-driven transformations for global companies. This collaboration, which began in 2022, has already led to significant results and productivity improvements within Bain and for its clients, including The Coca-Cola Company and Amgen. Also Read: Cyient Partners with Business Finland to Drive Innovation in 5G, AI, and Sustainability Expansion of Bain & OpenAI Partnership... Read More

Kripa B October 20th, 2024 4:18 PM 0 COMMENTS

Meta Unveils New AI Models and Tools to Drive Innovation

Meta, the owner of Facebook, announced on Friday that it was releasing a batch of new AI (Artificial Intelligence) models from its research division, including a "Self-Taught Evaluator," which could reduce the need for human involvement in the AI development process. Meta's Fundamental AI Research (FAIR) team introduced a series of new AI models and tools aimed at advancing machine intelligence (AMI). Notable releases include Meta Segment Anything (SAM) 2.1,... Read More

Kripa B October 19th, 2024 9:45 PM 0 COMMENTS

Jio Showcases AI Tools, Industry 5.0 and More Innovations at IMC2024

Reliance Jio, India's largest telecom operator, showcased a wide array of technological advancements at the India Mobile Congress 2024 (IMC2024), held from October 15-18 at Bharat Mandapam, New Delhi. The event highlighted Jio's commitment to driving India's digital future with innovations in 5G, AI (Artificial Intelligence), IoT (Internet of Things), and beyond. Here's a rundown of Jio's groundbreaking announcements. Also Read: Akash Ambani Urges Rapid Adoption of AI and Data... Read More

Kripa B October 19th, 2024 12:40 PM 1 COMMENTS

Samsung Unveils 24Gb GDDR7 DRAM for Next-Generation AI Computing

Samsung Electronics announced this week that it has developed the industry's first 24-gigabit (Gb) GDDR7 (Graphics Double Data Rate 7) DRAM. According to Samsung, the GDDR7 offers the fastest speeds available, making it an optimal solution for next-generation applications. Also Read: Ericsson Enhances Focus on AI, Gen AI and Network APIs at India R&D Centers Speed and Performance With speeds for graphics DRAM of 40 gigabits per second (Gbps) —... Read More

Srikapardhi October 19th, 2024 7:12 AM 0 COMMENTS

E& UAE Launches Next-Gen Connectivity Platform with 5G and AI Integration

E& UAE on Friday announced the launch of its 'next-generation enterprise connectivity platform,' designed to enable businesses to build secure, scalable, and efficient hybrid or multi-cloud architectures across public, private, and hybrid networks. The platform integrates TrustNet, 5G, and AI Net to provide secure, scalable, and efficient network solutions across these environments. Also Read: E& and AWS Ink USD 1 Billion Partnership for AI and Cloud Services in the UAE... Read More

Srikapardhi October 18th, 2024 11:23 PM 0 COMMENTS

E& and AWS Ink USD 1 Billion Partnership for AI and Cloud Services in the UAE

E& Group has announced a strategic partnership with Amazon Web Services (AWS) to enhance digital infrastructure in the UAE. This collaboration follows AWS's launch of its second Middle East cloud region in the UAE in 2022 and a planned USD 5 billion investment in the local economy through 2036, the companies said in a statement this week. Also Read: E& UAE Implements 5G Time-Critical Communication Solution L4S Key Areas of... Read More