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10 Oct 2024
GSI Technology, a developer of AI and high-performance computing solutions, will release its fiscal Q2 2025 financial results on October 24, 2024, highlighting its Gemini APU technology for efficient database searches and edge computing.
2 Sources
Infosys and zooplus announce a strategic collaboration to enhance zooplus's e-commerce capabilities using AI-powered solutions, including the establishment of a Global Capability Center in Hyderabad, India.
3 Sources
Google's AI chatbot Gemini receives a significant update to its image generation capabilities, introducing Imagen 3 and potential resizing options, enhancing user experience and creative possibilities.
10 Sources
A comprehensive look at how Generative AI is transforming business strategies across various sectors in India, highlighting the balance between innovation and cost-effectiveness, and the challenges in adoption.
A new ISG report highlights how AWS ecosystem providers in the UK are integrating generative AI into their offerings, addressing enterprise demands for data modernization, green FinOps, and hybrid cloud solutions.
Palantir Technologies' stock has surged over 150% in 2024, driven by AI enthusiasm and strong financial results. However, analysts are divided on whether the current valuation is justified.
Suki, an AI technology company specializing in voice solutions for healthcare, has raised $70 million in a Series D funding round. The investment will be used to accelerate product development, expand commercial initiatives, and grow its leadership team.
5 Sources
Deutsche Telekom announces plans to boost revenue and earnings growth through 2027, with a significant focus on artificial intelligence to increase revenue and trim costs.
Lectra introduces Valia Fashion, an AI-driven digital platform that transforms fashion production processes, aiming to enhance efficiency, sustainability, and adaptability in the industry.
India plans to launch an open-source AI datasets platform called 'IndiaAI Datasets Platform' by January 2025, aiming to accelerate AI innovation and development in the country.
HONOR introduces Google's Circle to Search feature on its Magic V3 and 200 Series smartphones, enhancing AI-powered search capabilities and user experience.
Sierra, an AI startup co-founded by OpenAI Chairman Bret Taylor, is in talks to secure hundreds of millions in funding at a valuation exceeding $4 billion. This significant increase from its previous $1 billion valuation underscores the continued investor interest in AI startups.
Uber announces new initiatives to electrify its fleet, while analysts debate the impact of Tesla's upcoming Robotaxi Day on the ride-hailing industry.
India has become the largest market for AI mobile app downloads, contributing 21% to global figures. However, the country's share in revenue generation remains low at less than 2%, highlighting a significant gap between adoption and monetization.
KT, a major Korean telecom company, partners with Microsoft to develop a Korea-specific AI model and establish a joint innovation center, aiming to boost AI and cloud services in Korea.
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