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10 Oct 2024

Canada's Wealthiest Family Expands AI Investments Through Thomvest Ventures

Thomvest Ventures, the VC firm of billionaire Peter Thomson, leads a $32.1 million investment round in Relyance AI, signaling a deeper commitment to artificial intelligence ventures amid growing global adoption of AI technologies.

2 Sources

Riyadh Air Partners with Sabre for AI-Powered Airline Retailing Revolution

Riyadh Air, Saudi Arabia's newest airline, collaborates with Sabre to implement AI-driven offer optimization technology, aiming to become the world's first fully offer- and order-based airline upon its 2025 launch.

2 Sources

Vivo Unveils OriginOS 5: Android 15-Based OS with Advanced AI Features

Vivo introduces OriginOS 5, an Android 15-based operating system for smartphones in China, featuring enhanced AI capabilities, customization options, and accessibility tools.

2 Sources

Zoom's AI Strategy Shift: New Features and Monetization Plans Boost Stock Performance

Zoom Video Communications unveils AI Companion 2.0 and plans for custom AI avatars, signaling a strategic pivot towards AI-driven workplace productivity solutions. The company's stock sees a 23% surge in two months as it introduces its first AI monetization model.

3 Sources

GSI Technology to Announce Q2 2025 Financial Results, Showcasing AI and High-Performance Computing Innovations

GSI Technology, a developer of AI and high-performance computing solutions, will release its fiscal Q2 2025 financial results on October 24, 2024, highlighting its Gemini APU technology for efficient database searches and edge computing.

2 Sources

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

Google Gemini's Image Generation Gets Major Upgrade with Imagen 3 and Resizing Options

Google's AI chatbot Gemini receives a significant update to its image generation capabilities, introducing Imagen 3 and potential resizing options, enhancing user experience and creative possibilities.

10 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

India to Launch 'IndiaAI Datasets Platform' by 2025 to Boost AI Innovation

India plans to launch an open-source AI datasets platform called 'IndiaAI Datasets Platform' by January 2025, aiming to accelerate AI innovation and development in the country.

2 Sources

HONOR Expands AI Capabilities with Circle to Search Feature on Select Smartphones

HONOR introduces Google's Circle to Search feature on its Magic V3 and 200 Series smartphones, enhancing AI-powered search capabilities and user experience.

3 Sources

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