Siemens AG is reportedly looking to capitalise on the AI data centres opportunity in India, which has created a demand for sustainable electrification and cooling solutions. The German engineering company sees India as a critical growth region, with the country expected to be among Siemens’ top three or four markets … Read More
Indonesian operator Indosat Ooredoo Hutchison (Indosat or IOH) and GoTo have announced the first phase of development of Sahabat-AI, an open-source Large Language Model (LLM) ecosystem specifically designed for Bahasa Indonesia and its local languages. Sahabat-AI is designed to provide a locally developed, open-source LLM ecosystem. With its understanding of … Read More
Cisco has announced that LTIMindtree is now leveraging Cisco Secure Access as its Security Service Edge (SSE) solution to secure hybrid work environments for its global employees and customers. With Cisco’s zero-trust framework and AI-powered capabilities, LTIMindtree quickly deployed this solution, replacing its previous SSE provider, the companies said on … Read More
Microsoft has introduced a suite of industry-specific AI models in its Azure AI Model Catalog, enabling businesses across sectors to leverage advanced, customised AI tools for their unique operational needs. Built-in collaboration with partners such as Bayer, Cerence, Rockwell Automation, Saifr, Siemens Digital Industries Software, and Sight Machine, these adapted … Read More
Red Hat, an open-source solutions provider, has announced its acquisition of Neural Magic, a Massachusetts-based company specialising in software and algorithms to accelerate generative AI (gen AI) inference workloads. The acquisition aims to make high-performance AI accessible across hybrid cloud environments, addressing key challenges in deploying large language models (LLMs), … Read More
With AI-driven transformation, India’s workforce is set to grow by 33.89 million, from 423.73 million in 2023 to 457.62 million by 2028, IANS reported Wednesday, citing a research report. Emerging technology will transform talent across India’s key growth sectors, generating 2.73 million new technology jobs by 2028, according to new … Read More
Qualcomm CEO Cristiano Amon reassured that the artificial intelligence (AI) boom will not trigger a global chip shortage similar to the one experienced during the pandemic. Speaking at the Web Summit in Lisbon, he attributed the 2020 crisis to an unexpected surge in consumer electronics demand, which overwhelmed supply chains, … Read More
Accenture recently announced an investment in biotech firm 1910 Genetics (1910) through Accenture Ventures, strengthening its focus on AI-powered drug discovery. 1910 is a biotechnology company advancing small and large-molecule drug discovery with a multimodal AI platform powered by laboratory automation. As part of this investment, Accenture and 1910 will … Read More
SoftBank Corp (SoftBank) and Fujitsu Limited (Fujitsu) have signed a Memorandum of Understanding (MoU) on October 25, 2024 to strengthen their collaboration in developing AI-RAN, a new architecture combining artificial intelligence (AI) with Radio Access Networks (RAN), aiming for commercialisation by 2026. Under this agreement, the companies will initiate joint … Read More
Amazon’s cloud computing division (AWS) announced on Tuesday that it will provide free computing power to researchers interested in using its custom artificial intelligence chips, aiming to compete with Nvidia’s dominance in the field. Amazon has announced a USD 110 million investment in the Build on Trainium program, aimed at … Read More
Japan’s SoftBank and Nvidia announced on Tuesday a series of collaborations designed to accelerate Japan’s AI (Artificial Intelligence) initiatives while also unlocking billions of dollars in AI revenue opportunities for telecommunications providers worldwide. During his keynote at Nivida AI Summit Japan, Nivida founder and CEO Jensen Huang announced that SoftBank … Read More
India is leading in Artificial Intelligence (AI) adoption, with new research from Boston Consulting Group (BCG) showing that 30 percent of Indian companies are effectively maximising the value through the use of this technology. Globally, 26 percent of companies are utilising AI, according to the BCG report. The Fintech, software, … Read More
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