February 7th, 2025 11:58 AM 0 COMMENTS

AI-Powered HR Tech Company Phenom Acquires Talent Mobility Platform EDGE

Phenom, an AI company specialising in HR, has acquired EDGE, a resource management and talent mobility platform. "The acquisition strengthens Phenom's workforce intelligence solutions for the professional services industry and global capability centers (GCC)," Phenom announced on Thursday, February 7, 2025. The companies did not disclose the value of the transaction. Also Read: BlackRock Plans to Hire 1,200 People in India, Expand AI Capabilities: Report Strengthening Resource Planning "This sixth... Read More

February 6th, 2025 10:57 PM 0 COMMENTS

Google Expands Gemini 2.0 Lineup with New AI Models and Updates

Google has expanded its Gemini 2.0 model lineup, making its latest artificial intelligence (AI) models more widely available. The company announced the general availability of Gemini 2.0 Flash, an updated version of its high-performance, low-latency model, via the Gemini API in Google AI Studio and Vertex AI. Google launched its Gemini 2.0 AI model in December 2024, which the company had previously said was built for the agentic era. Additionally,... Read More

February 6th, 2025 7:28 PM 0 COMMENTS

Jump Secures USD 20 Million Funding to Expand AI Solutions for Financial Advisors

Jump, an artificial intelligence (AI) solutions provider for financial advisors, has raised USD 20 million in a Series A funding round led by Battery Ventures, with participation from Citi Ventures, and existing investors Sorenson Capital, and Pelion Ventures Partners. This brings Jump's total funding to USD 24.6 million as it aims to expand its AI-powered advisor tools. Also Read: BlackRock Plans to Hire 1,200 People in India, Expand AI Capabilities:... Read More

February 6th, 2025 1:06 PM 0 COMMENTS

Samsung and Cielo Partner on AI-Powered Digital Signage Technology

Samsung has partnered with Cielo, an AI-driven franchise solutions company, to transform retail advertising and franchise operations. This partnership integrates Samsung's VXT display technology with Cielo's AI-powered platform to enhance digital marketing and operational efficiency, according to Samsung. Also Read: Lenovo Integrates AI and Robotics to Launch New Retail Solutions AI-Powered Digital Signage as a Service As part of the collaboration, Cielo has launched SmartSigns, a Digital Signage as a... Read More

February 6th, 2025 12:12 PM 0 COMMENTS

StarHub Completes Nationwide Fiber Upgrade to Deliver 10 Gbps With Nokia

Singapore's StarHub has successfully completed its nationwide rollout of its XGS-PON network, connecting hundreds of thousands of homes across Singapore to 10 Gbps internet speeds. As the first operator to launch XGS-PON services in Singapore in February 2023, StarHub also becomes the first in the world to completely migrate to a nationwide software-defined access network using Nokia's Altiplano solution, enhancing network utilisation through AI and automation. Also Read: StarHub Partners... Read More

February 5th, 2025 11:59 PM 1 COMMENTS

OpenAI CEO Meets India’s IT Minister to Discuss AI Collaboration and Plans

OpenAI CEO Sam Altman met India's IT Minister Ashwini Vaishnaw on Wednesday to discuss India's plan for creating a low-cost AI ecosystem. Altman stated that India is crucial for artificial intelligence and OpenAI, adding that India— with its full-stack model—should be among the leaders of the AI revolution. Also Read: India to Develop Indigenous Generative AI Model: Report India's AI Ambitions Vaishnaw noted that Altman was open to collaborating with... Read More

February 5th, 2025 7:11 PM 0 COMMENTS

Jio Building World’s Best AI Infrastructure in India: Mukesh Ambani

Reliance Industries (RIL) Chairman and Managing Director Mukesh Ambani on Wednesday said that Jio is currently building the world's best Artificial Intelligence (AI) infrastructure in India. Speaking at the 8th Bengal Global Business Summit, the RIL chairman emphasised that artificial intelligence is indispensable for India's transformation into a deep-tech nation with advanced manufacturing capabilities. Also Read: Jio Delivers Data at 15 Cents a GB: Mukesh Ambani at Nvidia AI Summit... Read More

February 5th, 2025 6:12 PM 0 COMMENTS

Zoho Expands AI Capabilities with Zia Agents, Agent Studio, and Marketplace

Zoho Corporation (Zoho) has expanded the scope of its AI-powered assistant for business, Zia, with the announcement of Zia Agents, Zia Agent Studio, and Agent Marketplace, further expanding its AI-driven automation capabilities across its ecosystem. "Together, these solutions empower enterprises to access, build, and distribute intelligent, autonomous digital agents across their organisations," Zoho Corporation said on Tuesday, February 4, 2025. Also Read: Akash Ambani Urges Rapid Adoption of AI and Data... Read More

February 5th, 2025 2:04 PM 0 COMMENTS

Mediapro and Google Cloud Expand Collaboration to Develop Media-Focused GenAI Solutions

Spanish broadcaster Mediapro has expanded its partnership with Google Cloud to develop innovative products for the Media and Entertainment industry, leveraging the generative artificial intelligence (Gen AI) technology. The two companies revealed the collaboration at the ISE 2025 trade show in Barcelona, where they also announced plans to establish a creativity lab focused on developing a specialised platform for image and video generation. Also Read: Google Cloud Unveils New AI... Read More

February 5th, 2025 1:11 PM 0 COMMENTS

California State University to Become First AI-Powered University System in US with OpenAI

The California State University system (CSU) and OpenAI have joined forces to expand the use of artificial intelligence (AI) in higher education by providing more than 460,000 students and over 63,000 staff and faculty with access to ChatGPT Edu, a version of ChatGPT customised for educational institutions. "It is the largest implementation of ChatGPT by any single organization or company anywhere in the world," OpenAI announced on Tuesday, February 4,... Read More

February 5th, 2025 11:45 AM 0 COMMENTS

BlackRock Plans to Hire 1,200 People in India, Expand AI Capabilities: Report

World's largest asset manager BlackRock Inc. plans to expand its operations in India by hiring nearly 1,200 employees to grow its two support hubs and build out its artificial intelligence (AI) capabilities. The hiring will focus on its iHubs in Mumbai and Gurugram, while the firm will also gain a presence in Bangalore through its proposed acquisition of data firm Preqin, Bloomberg reported, citing sources. Also Read: Government Plans to... Read More

February 4th, 2025 11:38 PM 0 COMMENTS

OpenAI and South Korea’s Kakao Ink Strategic Partnership

South Korean internet company Kakao signed a strategic partnership with OpenAI on Tuesday, becoming the first domestic company to partner with OpenAI. The agreement, announced at a joint press conference at The Plaza in Seoul, aims to enhance AI accessibility and drive advancements in AI-powered services. Kakao CEO Shina Chung and OpenAI CEO Sam Altman attended the event and announced the collaboration between the two companies. Also Read: Kakao Announces... Read More

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