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28 May 2025

China's Hygon and Sugon Merge to Create Supercomputing Powerhouse Amid US Sanctions

Chinese chip designer Hygon and supercomputer maker Sugon are merging to form a vertically integrated supercomputing giant, potentially reshaping China's high-performance computing landscape in response to US trade restrictions.

2 Sources

27 May 2025

Capgemini, SAP, and Mistral AI Partner to Deliver Secure GenAI Solutions for Regulated Industries

Capgemini, SAP, and Mistral AI have joined forces to offer over 50 pre-built generative AI use cases for highly regulated industries, combining advanced AI models with secure platforms to drive innovation while maintaining compliance.

2 Sources

Samsung Considers $100M Investment in AI-Powered Medical Imaging Startup Exo

Samsung's venture arm is exploring a significant investment in Exo, a California-based startup revolutionizing medical imaging with AI and silicon technology. The potential $100 million funding round could boost Exo's innovative handheld ultrasound devices.

2 Sources

TSMC to Open Chip Design Center in Munich, Boosting European Semiconductor Capabilities

Taiwan Semiconductor Manufacturing Co (TSMC) announces plans to open its first European chip design center in Munich, Germany, by Q3 2025. The facility aims to support local and European chip developers in optimizing their designs for TSMC's process technologies.

5 Sources

Infosys and E.ON Partner for AI-Powered Digital Workplace Transformation

Infosys collaborates with European energy provider E.ON to implement an AI-driven digital workplace for 77,000 employees, leveraging Infosys Topaz to enhance operational efficiency and support E.ON's digital transformation goals.

3 Sources

Cisco Report: AI to Handle 68% of Tech Vendor Customer Support by 2028

A new Cisco report predicts that agentic AI will handle 68% of customer service interactions with tech vendors by 2028, highlighting the rapid adoption and potential impact of AI in customer experience.

3 Sources

Fleetx Secures $13.2 Million in Series C Funding to Advance AI-Powered Logistics Solutions

Logistics SaaS startup Fleetx raises $13.2 million in a Series C round, led by Indiamart and Beenext. The company plans to use the funds to enhance its AI-driven fleet management solutions and prepare for potential IPO.

2 Sources

Frinks AI Secures $5.4 Million in Funding to Revolutionize Manufacturing with Vision AI

Bengaluru-based startup Frinks AI raises $5.4 million in a Pre-Series A round led by Prime Venture Partners, bringing its total funding to $6.25 million. The company plans to expand globally and invest in R&D for its AI-powered visual inspection technology in manufacturing.

5 Sources

Salesforce Acquires Informatica for $8 Billion to Boost AI and Data Management Capabilities

Salesforce has announced its acquisition of cloud data management firm Informatica for $8 billion, marking a significant move to enhance its AI and data infrastructure capabilities. This deal aims to strengthen Salesforce's position in the enterprise data market and accelerate its development of agentic AI solutions.

30 Sources

AI in the Workplace: Enhancing Jobs, Not Replacing Them

Companies are increasingly integrating AI into their workflows, viewing it as a tool to augment human capabilities rather than replace workers. This shift is creating new opportunities but also challenges for employees to adapt and upskill.

5 Sources

Sarvam AI's Indic LLM Launch Sparks Debate on India's AI Ambitions

Sarvam AI's release of Sarvam-M, a multilingual LLM, ignites discussions about India's AI capabilities and strategic approach, with mixed reactions from investors and industry leaders.

2 Sources

Nvidia Faces $10.5 Billion Revenue Hit from H20 Chip Export Restrictions Amid Record Q1 Earnings

Nvidia reports record Q1 FY2026 revenue of $44.1 billion but faces significant losses due to U.S. export restrictions on its H20 AI chips to China. The company expects a $10.5 billion revenue hit in the first half of FY2026 while transitioning to its new Blackwell architecture.

62 Sources

Pakistan Appoints Blockchain and Crypto Advisor, Embraces Digital Asset Sector

Pakistan's government takes a significant step towards crypto adoption by appointing a special assistant to the prime minister on blockchain and cryptocurrency, while also allocating resources for Bitcoin mining and AI centers.

2 Sources

AI System Identifies 3D Printers by Their Unique 'Fingerprints' on Printed Parts

Researchers have developed an AI-driven system that can identify the specific 3D printer that produced a part, opening new possibilities for supply chain management and quality control in manufacturing.

3 Sources

Airtel Proposes Joint Telecom Fraud Initiative with Jio and Vi, Leveraging AI to Combat Rising Cybercrime in India

Airtel has approached Reliance Jio and Vodafone Idea to create a unified front against telecom fraud, citing alarming cybercrime statistics. The company has implemented AI-powered solutions and seeks industry-wide collaboration to enhance fraud detection and prevention.

3 Sources

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