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13 Mar 2025

SBI to Launch Centre of Excellence for Project Financing in AI, E-Commerce, and Fintech

The State Bank of India (SBI) is set to establish a dedicated Centre of Excellence for project financing in emerging industries such as artificial intelligence, e-commerce, and fintech, aiming to diversify its project finance capabilities and support India's growing tech sectors.

4 Sources

Aurora Mobile Reports Strong Q4 and FY 2024 Results, Emphasizes AI-First Strategy

Aurora Mobile, a Chinese customer engagement and marketing tech company, announces positive Q4 and FY 2024 financial results, highlighting revenue growth and commitment to AI investments.

2 Sources

Infosys Founder Narayana Murthy Criticizes AI Hype in India, Calls for True Innovation

Narayana Murthy, co-founder of Infosys, warns against the exaggerated AI claims in India, emphasizing the need for genuine innovation and job creation to drive economic growth.

3 Sources

UiPath's AI Ambitions Face Headwinds as Revenue Growth Slows and Stock Tumbles

UiPath, a leader in robotic process automation, faces challenges as its revenue growth slows and stock price falls sharply. The company's focus on AI innovation and strategic acquisitions is overshadowed by missed revenue targets and cautious guidance amid global economic uncertainties.

5 Sources

Google Meet Expands AI-Powered Note-Taking to Seven New Languages

Google Meet's "Take notes for me" feature, powered by Google Gemini AI, now supports seven additional languages, enhancing productivity for global teams and reducing the need for manual note-taking in business meetings.

2 Sources

Intel's Panther Lake CPU Debuts at Embedded World 2025: A Glimpse into Next-Gen Chip Technology

Intel showcases its upcoming Panther Lake CPU at Embedded World 2025, offering a detailed look at the next-generation Core Ultra 300 series processors built on the advanced 18A process node.

3 Sources

Infosys and Citizens Expand Strategic Collaboration for AI-Driven Banking Transformation

Infosys and Citizens Financial Group announce an expanded partnership to leverage AI, cloud, and automation for digital transformation in banking, aiming to enhance customer experiences and operational resilience.

2 Sources

Google's Gemini 2.0 Flash: A Game-Changer in AI Image Generation and Editing

Google introduces Gemini 2.0 Flash, a revolutionary AI model that combines native image generation and editing capabilities, potentially challenging traditional image editing software and other AI image generators.

9 Sources

DeepSeek Challenges AI Giants with Low-Cost, High-Performance Model

China-based DeepSeek disrupts the generative AI market with its R1 model, challenging industry leaders like OpenAI and Google with a cost-effective solution that sparks debate on the future of AI development and competition.

9 Sources

UK Prime Minister Starmer Unveils £45 Billion AI-Driven Public Sector Transformation Plan

Prime Minister Keir Starmer announces a comprehensive plan to digitize public services and harness AI, aiming to save £45 billion annually in productivity gains while reshaping the British state.

8 Sources

Oracle Enhances Financial Crime Investigations with AI Agents

Oracle Financial Services introduces AI agents to its Investigation Hub Cloud Service, revolutionizing financial crime investigations with automated processes and generative AI-driven narratives.

5 Sources

FTC Advances Broad Antitrust Probe into Microsoft's AI and Cloud Operations

The Federal Trade Commission continues its extensive antitrust investigation into Microsoft, focusing on the company's AI projects, cloud services, and software licensing practices. The probe, initiated under the Biden administration, is now being pursued by Trump-appointed FTC Chairman Andrew Ferguson.

5 Sources

SentinelOne Reports Strong Q4 Earnings but Faces Challenges with Soft Guidance

SentinelOne, a cybersecurity company, reported better-than-expected Q4 earnings but saw its shares drop due to weaker revenue guidance, highlighting the competitive landscape and economic uncertainties in the AI-driven security market.

2 Sources

Apple Intelligence: Ambitious AI Initiative Faces Delays and Challenges

Apple's AI initiative, Apple Intelligence, encounters significant setbacks and delays, raising questions about the company's ability to compete in the rapidly advancing AI market.

5 Sources

AI-Driven Power Demand Fuels Record M&A Activity in US Energy Sector

The US power industry is experiencing unprecedented M&A activity, driven by the surge in electricity demand from AI and data centers. This trend is attracting investors and reshaping the energy landscape.

3 Sources

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