AI

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Kaynes Technology Acquires Austria’s Sensonic to Enhance Railway Solutions Using AI

Kaynes Technology Acquires Austria’s Sensonic to Enhance Railway Solutions Using AI

Mysore-based integrated electronics manufacturer Kaynes Technology India Limited has acquired a 54 percent controlling stake in Austria-based company Sensonic GmbH through its wholly owned subsidiary, Kaynes Holding Pte Limited (Kaynes Singapore). The transaction, finalised after regulatory approvals, strengthens Kaynes Technology’s position in the global infrastructure technology market, according to an … Read More

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Nebius Raises USD 700 Million to Accelerate AI Infrastructure Expansion, Backed by Nvidia

Nebius Raises USD 700 Million to Accelerate AI Infrastructure Expansion, Backed by Nvidia

AI infrastructure company Nebius Group (Nebius) announced on Monday that it has entered into an agreement to raise USD 700 million in private placement financing from investors, including Nvidia, Accel, and certain accounts managed by Orbis Investments. The financing aims to accelerate Nebius’ previously announced plans to expand its AI infrastructure, encompassing large-scale GPU … Read More

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Verizon Advances Fiber Network Capacity To Support AI Workloads

Verizon Advances Fiber Network Capacity To Support AI Workloads

US wireless carrier Verizon has successfully tested the transportation of 1.6 terabits per second of data across a single wavelength on its live metro fiber network. Utilising Ciena’s WaveLogic 6 Extreme (WL6e) coherent optical solution, the trial, conducted in Boston, demonstrated data travelling farther and faster across Verizon’s fiber network. … Read More

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Philips Unveils AI-Powered CT 5300 System for CT Imaging at RSNA 2024

Philips Unveils AI-Powered CT 5300 System for CT Imaging at RSNA 2024

Global health technology company Royal Philips has unveiled significant advancements in clinical decision-support with its artificial intelligence (AI) and smart workflow automation integrated into the newly introduced CT 5300 system, which debuted in North America at RSNA 2024. According to the company, the Philips’ CT Smart Workflow features a comprehensive … Read More

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OpenAI CEO Sam Altman Confident in Trump’s Support for AI

OpenAI CEO Sam Altman Confident in Trump’s Support for AI

OpenAI CEO Sam Altman on Sunday expressed confidence that US President-elect Donald Trump’s administration would support the artificial intelligence (AI) sector to ensure the United States and its allies continue to lead it. Speaking to US broadcaster Fox News on Sunday, Altman said AI technology needed massive infrastructure support and … Read More

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HCLTech and Google Cloud Partner for AI-Driven Cybersecurity Solutions

HCLTech and Google Cloud Partner for AI-Driven Cybersecurity Solutions

Indian IT company HCLTech announced on Monday that it has joined forces with Google Cloud Security to provide AI-driven Managed Detection and Response (MDR) solutions, offering enterprises comprehensive security coverage to respond to cyber threats. The HCLTech UMDR (Universal Managed Detection and Response) solution will leverage HCLTech’s Fusion Platform with … Read More

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AI to Accelerate Drug Discovery and Medical Advancements: Mukesh Ambani

AI to Accelerate Drug Discovery and Medical Advancements: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani highlighted the importance of artificial intelligence (AI) in genomics and life sciences, stating it will dramatically transform biomedical research and drug discovery in the coming decades. Ambani’s remarks came during the virtual launch of CancerSpot, a blood-based test for early cancer detection developed by Strand … Read More

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