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Kripa B February 19th, 2025 10:39 PM 0 COMMENTS

Microsoft to Invest PLN 2.8 Billion in Poland in AI, Cloud, Skilling, and Cybersecurity

Microsoft has announced its intention to spend PLN 2.8 billion by June 2026 to expand its hyperscale cloud and artificial intelligence (AI) infrastructure in Poland. The company will also collaborate with Polish National Defense to establish a framework to strengthen national cybersecurity, as announced on February 17. Also Read: Microsoft Announces AI Skills Initiative to Train 1 Million People in Poland by 2025 Expanding AI and Cloud Infrastructure The investment... Read More

Kripa B February 19th, 2025 12:23 PM 0 COMMENTS

Glassbox Raises USD 1.2 Million to Transform Spreadsheet for AI-Enabled Corporate Transactions

Glassbox, a Toronto-based fintech startup, has secured USD 1.2 million in pre-seed funding to modernize financial modeling through AI-powered workflows. The funding round was led by FinTech Collective (New York) and StandUp Ventures (Toronto), with participation from Watertower Ventures (Los Angeles). The fresh capital will help expand Glassbox's team and bring its AI-compatible financial analysis platform to market. Also Read: FutureProof Technologies Launches AI-Powered Insurance Agency Addressing Finance's Spreadsheet Problem... Read More

Kripa B February 19th, 2025 10:05 AM 0 COMMENTS

FutureProof Technologies Launches AI-Powered Insurance Agency

FutureProof Technologies, a venture-backed insurtech startup, has announced the launch of FutureProof Insurance Agency, a wholly-owned subsidiary designed to enhance insurance distribution through AI-driven risk selection. Also Read: CCC Intelligent Solutions to Acquire EvolutionIQ, Expanding AI Capabilities in Insurance Claims Leveraging AI for Smarter Risk Selection The agency sells policies for dozens of carrier partners across the US, leveraging FutureProof's risk selection technology. The company states that this expansion builds... Read More

Kripa B February 18th, 2025 11:55 PM 0 COMMENTS

Shift Bioscience Establishes North American Facilities to Advance AI-Powered Rejuvenation Research

Shift Bioscience, a biotech company leveraging AI-powered virtual cells to combat age-related diseases, announced on Tuesday, February 18, the establishment of a new North American team and facilities. This expansion aims to advance the development of the Company's platform for discovering rejuvenation gene targets by tapping into Toronto's AI ecosystem. Also Read: AI-Driven Medicine Could Offer Hope for Snakebite Treatment Leveraging Toronto's AI Ecosystem "By expanding into this AI hub,... Read More

Kripa B February 18th, 2025 10:39 PM 0 COMMENTS

Perplexity Launches Deep Research for AI-Powered Expert Analysis

AI search company Perplexity has launched Deep Research, a new feature designed to automate expert-level research and analysis. The tool rapidly conducts in-depth research by performing dozens of searches, reading hundreds of sources, and synthesizing findings into comprehensive reports—all within minutes. "When you ask a Deep Research question, Perplexity performs dozens of searches, reads hundreds of sources, and reasons through the material to autonomously deliver a comprehensive report," Perplexity said... Read More

Kripa B February 18th, 2025 8:07 PM 1 COMMENTS

Jio Launches AI-Powered JioTele OS for Smart TVs in India

Jio has announced the launch of JioTele OS, a smart TV operating system designed to cater to the "unique needs of Indian consumers." According to the company, televisions powered by JioTele OS, which it calls "India's own Smart operating system," will be available starting February 21, 2025, in partnership with brands like Thomson, Kodak, BPL, and JVC, with more brands expected to join in 2025. Also Read: Bharti Airtel Trials... Read More

Kripa B February 18th, 2025 4:06 PM 5 COMMENTS

6 GHz Band and AI to Enhance Wi-Fi Experience for Indian Users, Says ACT Fibernet: Report

Spectrum availability, particularly in the 6 GHz band, along with the integration of artificial intelligence (AI), will enable Wi-Fi broadband providers to enhance customer experience and reduce subscriber churn, according to senior executives at the Indian broadband service provider (ISP) Atria Convergence Technologies (ACT) Fibernet, as reported by ET. Also Read: ACT Fibernet Launches ACT SmartWi-Fi Powered by AI: Report Growing Number of Connected Devices "Because the number of devices connected... Read More

Kripa B February 18th, 2025 1:43 PM 0 COMMENTS

AI Cybersecurity Firm Dream Raises USD 100 Million to Enhance Capabilities

AI-driven cybersecurity company Dream has secured USD 100 million in Series B funding, bringing its valuation to USD 1.1 billion. The round was led by Bain Capital Ventures, with participation from Group 11, Tru Arrow, Tau Capital, and Aleph. "With this funding, Dream will further enhance its product capabilities and global market reach," the Israel-based AI company announced on February 17. Also Read: Cognizant Launches AI-Powered Cybersecurity Platform to Strengthen... Read More

Srikapardhi February 18th, 2025 11:03 AM 0 COMMENTS

Stc Group and SambaNova Launch Sovereign AI Cloud Platform in Saudi Arabia

Saudi Arabia's stc Group has partnered with AI solutions company SambaNova to introduce an inferencing-as-a-Service cloud platform to provide Saudi enterprises with sovereign AI capabilities. Through its AI arm, stc.AI, stc Group launched a Large Language Model (LLM) sovereign cloud platform, which will run what the company calls the world’s largest open-source frontier model. "Powered by the fastest inference speeds for Llama 405B, one of the most powerful AI large... Read More

Kripa B February 18th, 2025 10:38 AM 0 COMMENTS

Accenture and Google Cloud Expand AI and Cloud Collaboration in Saudi Arabia

Accenture is collaborating with Google Cloud to accelerate the adoption of cloud solutions and generative AI (GenAI) capabilities within the Kingdom of Saudi Arabia in order to address local data, operational and software sovereignty needs. "This initiative aims to help organizations create new business opportunities and improve customer experiences by establishing a modern digital core and scaling generative AI agents to enhance operational efficiency and enterprise intelligence," the companies said... Read More

Kripa B February 18th, 2025 12:35 AM 0 COMMENTS

Adobe Launches Firefly Video AI Model in Beta, Ensuring IP Safety

Adobe has expanded its generative AI portfolio with the launch of the first public beta version of Firefly Video Model, an AI tool designed for video creation within the new Firefly application. This addition enhances Firefly's multi-modal capabilities, integrating video, image, and vector generation within a single platform to streamline creative workflows. "The new Firefly Video Model— the industry's first commercially safe AI video generation model — powers Generate Video... Read More

Kripa B February 17th, 2025 10:07 PM 0 COMMENTS

Zomato Launches AI-Powered Customer Support Platform, Nugget

Food and grocery delivery company Zomato has launched an artificial intelligence (AI)-powered, no-code customer support platform for businesses worldwide, the company's co-founder and Group CEO, Deepinder Goyal, said on February 17. The AI platform, called Nugget, is the first product from Zomato Labs, the company’s incubator for in-house innovations. Zomato may launch more software-as-a-service (SaaS) offerings through Zomato Labs in the future. Also Read: Meesho Launches Gen AI-Powered Voice Bot... Read More