"We support journalism and partner with news organisations," said Microsoft's OpenAI in a blog post on January 8, 2024. At that time, OpenAI noted that more than 92 percent of Fortune 500 companies were building on its products, with a goal to support a healthy news ecosystem, be a good partner, and create mutually beneficial opportunities. Also Read: Oracle to Invest Over USD 6.5 Billion in AI and Cloud Computing... Read More
Microsoft announced a EUR 4.3 billion investment over the next two years to expand its hyperscale cloud and artificial intelligence (AI) data center infrastructure and provide digital skills training to more than 1 million Italians by the end of 2025. This is its largest investment in Italy to date, said Microsoft on Wednesday. This move aims to help Italy maximise the opportunities of AI and contribute to the Italian government's... Read More
Digital Health, a subsidiary of the Sri Lankan operator Dialog Axiata, has introduced an AI-powered health scan service, which the operator claims is the first of its kind in the country. This tool is designed to enable users to monitor vital health indicators such as blood pressure, heart rate, heart rate variability, and stress levels directly from their smartphones through the Doc990 App. Also Read: OpenAI Raises USD 6.6 Billion... Read More
Oracle has announced plans to invest more than USD 6.5 billion to open a new public cloud region in Malaysia, aiming to boost the country's digital economy and drive innovation in artificial intelligence (AI). The upcoming facility will offer over 150 infrastructure and Software as a Service (SaaS) solutions, enabling local organisations to modernise applications and migrate critical workloads to Oracle Cloud Infrastructure (OCI). Also Read: OpenAI Raises USD 6.6... Read More
OpenAI announced it has raised USD 6.6 billion in new funding at a valuation of USD 157 billion to accelerate progress in AI research and expansion. "The new funding will allow us to double down on our leadership in frontier AI research, increase compute capacity, and continue building tools that help people solve hard problems," the ChatGPT maker said in a Wednesday announcement. Also Read: AI Can Help You Be... Read More
Data centre company Equinix has signed a joint venture (JV) agreement with GIC and the Canada Pension Plan Investment Board (CPP Investments) to raise over USD 15 billion in capital. The JV aims to significantly expand Equinix's xScale data center portfolio, which caters to hyperscale cloud and artificial intelligence (AI) companies. "At full buildout, this new JV will nearly triple the investment capital of the Equinix xScale program and meeting... Read More
Infosys has recently made headlines with strategic partnerships aimed at enhancing operational efficiencies and customer experiences across diverse sectors. From collaborating with beauty retailer Sally Beauty Holdings to streamline IT services through hyper-automation, to extending its alliance with Finnish logistics leader Posti to boost digital capabilities, Infosys is harnessing Artificial Intelligence (AI) to drive significant change. Also Read: Microsoft, Dell, Google and Others Launch Initiatives to Propel AI Infrastructure and... Read More
Recent developments in the Artificial Intelligence (AI) landscape have seen leading companies make significant investments and partnerships aimed at enhancing AI infrastructure and capabilities. From BlackRock's ambitious USD 100 billion initiative to Microsoft’s investment in Brazil, these efforts underscore the growing importance of AI. Here’s a look at five major stories shaping the AI ecosystem: Also Read: AI Can Help You Be More Productive at Work, Says Microsoft CEO and... Read More
As artificial intelligence (AI) becomes an integral part of global business strategies, industry leaders are recognising the transformative potential of this technology. Recent insights from top executives at Oracle, HP, Meta, Nasscom, and Microsoft highlight a pivotal shift towards AI-driven solutions, particularly in India, which is rapidly emerging as a hub for AI talent and innovation. Let's check out the AI updates from different companies: AI can help you be... Read More
The GSMA has announced the launch of an industry-wide initiative known as the Responsible AI (RAI) Maturity Roadmap, championed by Axiata, Deutsche Telekom, Orange, Telefonica, and Telstra. This initiative aims to provide telecom operators (GSMA members) with the tools and guidance to test and promote the responsible and ethical use of artificial intelligence (AI). Also Read: Reliance AGM 2024: Key Announcements on Jio 5G, Cloud, AI, and Digital Services Responsible... Read More
OTT Platform Disney+ Hotstar has introduced an AI-driven video optimisation feature that enhances streaming quality while reducing data usage. This new technology adapts encoding based on user habits and scene complexity, leading to up to a 25 percent reduction in download size without sacrificing HD quality. This is a smarter approach to video encoding that adapts to the user consumption patterns, context and complexity around each scene, Disney+ Hotstar said... Read More
SoftBank has signed a Memorandum of Understanding (MoU) with Nokia for joint research on developing a communication system that utilises AI, aimed at advancing AI-RAN and 6G technology. Specifically, the partnership will utilise Nokia's virtualised Radio Access Network (Cloud-RAN) platform, with the goal of creating faster, more flexible communication systems. The companies will conduct field tests using centimetre waves, which are expected to be utilised for 6G. Also Read: US... Read More
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