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15 Oct 2024

AustralianSuper Leads $2 Billion Investment in DataBank for AI-Driven Data Center Expansion

AustralianSuper, Australia's largest pension fund, spearheads a $2 billion investment in DataBank to construct three new data centers across the United States, capitalizing on the growing demand for AI infrastructure.

4 Sources

Vi Showcases AI-Powered Solutions for Industry and Healthcare at IMC 2024

Vodafone Idea (Vi) demonstrates a range of innovative AI, 5G, and IoT solutions at India Mobile Congress 2024, focusing on transforming industries and enhancing daily life through advanced technologies.

4 Sources

Port Secures $35M in Series B Funding, Integrates LLMs to Enhance Developer Experience

Port, a developer tooling startup, has raised $35 million in Series B funding and announced integration with large language models to improve its internal developer portal platform.

2 Sources

Data Science Wizards Secures $1.4M Seed Funding, Launches AI Solution for Insurance Industry

Data Science Wizards raises $1.4 million in seed funding, bringing its valuation to $16.4 million. The company launches 'insurAInce', an AI-driven solution for the insurance sector, powered by its UnifyAI platform.

2 Sources

Gladia Raises $16M for Multilingual Real-Time AI Transcription and Analytics

Gladia, a French AI startup, has secured $16 million in Series A funding to develop an advanced multilingual real-time audio transcription and analytics engine, aiming to revolutionize voice-first platforms across various industries.

4 Sources

Wall Street Journal and New York Post Sue Perplexity AI for Copyright Infringement

Dow Jones and NYP Holdings file a lawsuit against AI startup Perplexity, alleging massive copyright infringement and trademark violations in the use of their content for AI-driven search results.

32 Sources

ASML's Forecast Reveals AI-Driven Divide in Semiconductor Industry

ASML's reduced sales forecast highlights a growing divide in the semiconductor industry between AI-focused companies and others, sparking concerns about the sector's overall health.

10 Sources

Cyngn Expands Autonomous Vehicle Technology with New Contracts, Patents, and Partnerships

Cyngn Inc. announces significant milestones in autonomous vehicle technology for industrial use, including new contracts, patents, and an expanded dealer network, highlighting the company's growth in the smart manufacturing sector.

3 Sources

Expert.ai Named in InsurTech100 for AI Innovation in Insurance Industry

Expert.ai, an AI solutions provider, has been recognized in the FinTech Global InsurTech100 list for the second consecutive year, highlighting its role in transforming the insurance industry through innovative AI technologies.

2 Sources

India Faces Escalating Cybersecurity Challenges: Trend Micro and Zscaler Reports Highlight Ransomware and Malware Threats

Recent reports from Trend Micro and Zscaler reveal India's growing vulnerability to cyber threats, ranking high globally in email, ransomware, and malware attacks. Key sectors like manufacturing, banking, and government face significant risks.

2 Sources

OutSystems Unveils Mentor: AI-Powered Digital Worker for Full Software Development Lifecycle

OutSystems introduces Mentor, a generative AI-powered digital worker that aims to revolutionize the entire software development lifecycle, from app generation to delivery and monitoring, using low-code and AI technologies.

2 Sources

Himax Achieves Mass Production of In-Cell Touch TDDI Technology for AI Laptops

Himax Technologies announces successful mass production of its In-Cell Touch TDDI solution for high-end LCD AI laptops, marking a significant milestone in display technology for AI-driven devices.

2 Sources

Sapiens Launches AI-Powered Underwriting Solution for P&C Insurers

Sapiens International Corporation introduces Sapiens Decision Underwriting Accelerator, a new AI-integrated solution designed to enhance underwriting efficiency and straight-through processing for Property and Casualty insurers.

3 Sources

IBM Acquires Prescinto to Enhance Renewable Energy Asset Management with AI

IBM has acquired Prescinto, an Indian SaaS startup specializing in AI-powered asset performance management for renewable energy, to bolster its Maximo Application Suite and expand its presence in the growing renewable energy sector.

3 Sources

Akash Ambani Urges Indian Government to Accelerate AI Adoption and Data Center Policy Reform

Reliance Jio Chairman Akash Ambani calls for urgent AI adoption in India, emphasizing data sovereignty and incentives for AI-centric data centers to realize the vision of a developed India by 2047.

6 Sources

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