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10 Oct 2024

Infosys and zooplus Partner for AI-Driven E-Commerce Transformation

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

Generative AI Reshaping Business Strategies in India: Balancing Transformation and Cost

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.

2 Sources

AWS Ecosystem Providers in the UK Pioneer Generative AI Use Cases, Driving Enterprise Transformation

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.

2 Sources

Palantir's Stock Soars Amid AI Boom: Analysts Divided on Valuation

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.

10 Sources

Suki Secures $70 Million in Series D Funding to Expand AI-Powered Healthcare Solutions

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 Leverages AI for Accelerated Growth and Cost Reduction

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.

3 Sources

Lectra Launches Valia Fashion: AI-Powered Platform Revolutionizes Fashion Industry

Lectra introduces Valia Fashion, an AI-driven digital platform that transforms fashion production processes, aiming to enhance efficiency, sustainability, and adaptability in the industry.

2 Sources

OpenAI Chairman's AI Startup Sierra Nears $4 Billion Valuation in New Funding Round

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.

3 Sources

Uber Accelerates EV Adoption as Tesla's Robotaxi Day Looms

Uber announces new initiatives to electrify its fleet, while analysts debate the impact of Tesla's upcoming Robotaxi Day on the ride-hailing industry.

2 Sources

India Leads Global AI App Downloads, But Lags in Revenue Generation

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.

2 Sources

KT and Microsoft to Launch Korea-Specific AI Model and Innovation Center in 2024

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.

2 Sources

Stripe and Nvidia Expand Partnership to Enhance AI-Powered Financial Services

Stripe and Nvidia deepen their collaboration to advance AI features in financial services, focusing on improved fraud detection and expanded access to Nvidia's GPU and AI software for developers and enterprises.

2 Sources

Cloudera Launches AI Inference Service with NVIDIA NIM to Accelerate GenAI Development and Deployment

Cloudera introduces AI Inference service powered by NVIDIA NIM microservices, streamlining large-scale AI model deployment and management for enterprises, with enhanced performance and security features.

4 Sources

OpenAI's SearchGPT Set to Challenge Google with Integration into ChatGPT

OpenAI announces plans to integrate SearchGPT, its AI-powered search engine, into ChatGPT by the end of the year, potentially disrupting the search engine market dominated by Google.

3 Sources

Alphabet's AI Leadership Drives Growth Amid Regulatory Challenges

Analysts maintain positive outlook on Alphabet due to its AI advancements and strong financial performance, despite ongoing antitrust concerns.

5 Sources

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