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24 Jan 2025

o9 Solutions Launches First GenAI Pilot Program into Full-Scale Production with Major Telecom Client

o9 Solutions, an enterprise AI software platform provider, announces the launch of its first GenAI pilot program into full-scale production with a major telecommunications client in 2025, marking a significant milestone in AI-powered business planning and decision-making.

2 Sources

upGrad Partners with Maharashtra Government to Establish AI Excellence Centers

upGrad, a major integrated learning company, has signed an MoU with the Maharashtra government to set up AI excellence centers across the state with an initial investment of INR 2,150 Cr, aiming to position Maharashtra as a global hub for AI talent.

2 Sources

StormHarvester Secures £8.4m Investment to Expand AI-Powered Flood Management Solutions

Northern Irish green-tech firm StormHarvester raises £8.4m to double its workforce and expand its AI-based wastewater management solutions globally.

2 Sources

SC Ventures and Yabx Invest $10M in AI-Driven Lending Platform Furaha to Boost Education Financing in Africa

SC Ventures and Yabx have invested $10 million in Furaha, an AI-powered lending platform aimed at improving access to education financing in sub-Saharan Africa. The initiative leverages AI technology to provide affordable credit solutions for families struggling with school fees.

2 Sources

Scaling Up Neuromorphic Computing: A Roadmap for Efficient and Effective AI

A comprehensive review published in Nature outlines the path to scale up neuromorphic computing, aiming to rival current computing methods in efficiency and effectiveness for AI applications.

3 Sources

LG Electronics Acquires Majority Stake in AI Robotics Startup Bear Robotics

LG Electronics has increased its stake in Bear Robotics to 51%, gaining management control of the AI-powered robotics startup. This move aligns with LG's strategy to expand its robotics business and enhance its AI capabilities.

2 Sources

KOGO and MapmyIndia Launch India's First Universal Voice Assistant for Automotive Industry

KOGO, a Bengaluru-based AI company, partners with MapmyIndia to introduce an advanced universal voice assistant for vehicles, combining AI technology with geo-intelligence to enhance user experience and data privacy.

2 Sources

St. Fox Expands AI and Cybersecurity R&D with New Bengaluru Office

Cybersecurity consultancy St. Fox opens a new office in Bengaluru, India, focusing on AI and cybersecurity R&D. The company plans to double its workforce and expand its presence in other Indian cities and internationally.

2 Sources

Anthropic Introduces Citations Feature to Enhance AI Model Accuracy and Reliability

Anthropic launches Citations, a new API feature for its Claude AI models, designed to improve response accuracy by grounding outputs in source documents and reducing hallucinations.

3 Sources

Micron Technology: Riding the AI Wave with Memory Chip Innovation

Micron Technology emerges as a key player in the AI boom, leveraging its memory chip expertise to capitalize on growing demand in data centers and AI applications.

4 Sources

AI Revolutionizes Retail: Transforming Shopping Experiences and Personalization

Artificial Intelligence is reshaping the retail landscape, offering personalized experiences, streamlining operations, and overcoming adoption challenges in India's diverse market.

2 Sources

Wall Street Hits New Highs as AI Investment Plan Boosts Market Confidence

Wall Street continues its upward trend, with the S&P 500 setting new records, driven by the White House's AI investment plan and strong performances in various sectors.

2 Sources

AI and Computer Simulations Revolutionize Drug Delivery Testing

Researchers develop new guidelines to integrate AI, lab experiments, and computer simulations for more accurate drug permeability testing, potentially accelerating life-saving drug development.

2 Sources

Tevogen Bio Expands AI Collaboration with Microsoft to Accelerate Drug Development

Tevogen Bio announces an expanded partnership with Microsoft to leverage AI and cloud capabilities in drug discovery, aiming to revolutionize immunotherapy development and accelerate preclinical processes.

4 Sources

Meta Scrambles to Fix AI Chatbots' Confusion Over US President

Meta faces urgent challenges as its AI chatbots struggle to identify the current US president, prompting emergency procedures and raising concerns about political bias.

3 Sources

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