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24 Oct 2024

Phunware Announces CEO Transition and Shift Towards AI-Driven Technologies

Phunware, a mobile cloud enterprise solutions company, announces the retirement of CEO Michael Snavely and appointment of Stephen Chen as interim CEO, signaling a strategic shift towards AI and cloud-based services.

5 Sources

Simbe Robotics Secures $50M Series C Funding to Expand AI-Powered Retail Automation

Simbe Robotics, a leader in retail automation, raises $50 million in Series C funding led by Goldman Sachs. The company plans to expand its AI and robotics solutions for inventory management and store operations.

2 Sources

Nvidia Expands AI Partnerships in India, Boosting Data Center Capacity and Technological Collaboration

Nvidia strengthens its presence in India's AI market through partnerships with tech giants, data center expansions, and AI chip supply agreements, positioning India as a future AI exporter.

3 Sources

Biden Administration Issues First National Security Memorandum on AI, Setting Ambitious Goals and Guardrails

President Biden's new directive aims to maintain U.S. leadership in AI while addressing national security concerns and ethical considerations, setting deadlines for federal agencies to implement AI technologies responsibly.

24 Sources

PIONEER: AI Tool Revolutionizes Protein Interaction Research for Drug Discovery

Scientists from Cleveland Clinic and Cornell University have developed PIONEER, an AI-powered tool that predicts protein-protein interaction mutations across hundreds of diseases, potentially accelerating drug discovery and development.

3 Sources

BE Semiconductor Industries Reports Strong Q3 2024 Results Driven by AI-Related Demand

BE Semiconductor Industries N.V. (Besi) announced significant growth in revenue, orders, and net income for Q3 2024, primarily due to increased demand for AI-related applications in computing markets, despite challenges in mainstream and Chinese assembly equipment markets.

2 Sources

India's Robotics and Manufacturing Sectors Embrace NVIDIA AI and Omniverse for Innovation

Indian robotics companies and manufacturers are leveraging NVIDIA's AI and Omniverse technologies to drive innovation in automation, digital twins, and industrial AI, positioning India as a global leader in these sectors.

2 Sources

TCS Launches NVIDIA Business Unit to Accelerate AI Adoption Across Industries

Tata Consultancy Services (TCS) expands collaboration with NVIDIA, launching a new business unit to offer industry-specific AI solutions and accelerate AI adoption at scale.

3 Sources

Zoho Partners with NVIDIA to Develop AI-Driven SaaS Applications

Zoho Corporation announces collaboration with NVIDIA to leverage AI technology for developing large language models, enhancing its SaaS applications while prioritizing user privacy and business-specific solutions.

2 Sources

Biden Administration Pushes for Accelerated AI Adoption in Military and Intelligence Sectors

The White House issues a national security memorandum directing US agencies to rapidly deploy advanced AI systems for military and intelligence purposes, aiming to maintain a competitive edge over rivals like China.

6 Sources

Anthropic Unveils Groundbreaking 'Computer Use' AI for Autonomous Task Performance

Anthropic introduces 'Computer Use' AI capability, allowing AI agents to autonomously perform tasks on computers by mimicking human actions. This experimental feature is available in public beta with Claude 3.5 Sonnet and Haiku models.

2 Sources

Infosys Unveils Small Language Models for Banking and IT Operations, Partnering with NVIDIA and Sarvam AI

Infosys launches two small language models, Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM, built on NVIDIA's AI stack. The company partners with Sarvam AI and expands collaboration with Meta to accelerate AI adoption in enterprises.

7 Sources

Ipsos Reports Slowdown in Growth, Continues Investment in AI Amid Challenging Business Climate

Ipsos, a leading market research company, faces a slowdown in growth but maintains its operating margin target. The company continues to invest in AI technologies and expands through acquisitions despite mixed performance across different markets.

2 Sources

NVIDIA's Three-Computer Solution: Powering the Next Wave of AI Robotics

NVIDIA introduces a three-computer solution to advance physical AI and robotics, combining training, simulation, and runtime systems to revolutionize industries from manufacturing to smart cities.

2 Sources

Tech Mahindra Launches AI Center of Excellence Powered by NVIDIA Platforms

Tech Mahindra establishes an AI Center of Excellence using NVIDIA's AI Enterprise and Omniverse platforms to advance sovereign LLMs, agentic AI, and physical AI applications across various industries.

3 Sources

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