Tag: AI

ServiceNow, NVIDIA, and Accenture team to accelerate generative AI adoption for enterprises

ServiceNow, NVIDIA, and Accenture announced the launch of AI Lighthouse, a first-of-its-kind program designed to fast-track the development and adoption of enterprise generative AI capabilities. Expanding on existing strategic partnerships among ServiceNow, NVIDIA and Accenture, AI Lighthouse will assist pioneering customers across industries in the design, development, and implementation of new generative AI use cases. AI…

HCLTech and Google Cloud Expand Partnership to Boost Innovation and Adoption of Generative AI

HCLTech, a global technology company, and Google Cloud announced the expansion of their strategic partnership to help enterprises leverage generative artificial intelligence (AI) and develop joint solutions powered by Google Cloud’s generative AI technologies. HCLTech is actively using Google Cloud’s large language models (LLMs) to develop generative AI capabilities for its clients across three core…

Accenture to Invest $3 Billion in AI

Accenture announced a $3 billion investment over three years in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency and resilience. “There is unprecedented interest in all areas of AI, and the substantial investment we are making in our Data & AI…

Accenture collaborates with Mars to develop “Factory of the Future” using AI, cloud, edge and digital twins

Accenture is working with Mars, the global leader in confectionary, food, and pet care products and services, to transform and modernize its global manufacturing operations with artificial intelligence (AI), cloud, edge technology and digital twins. Accenture and Mars have been trialing digital twins for Mars’ manufacturing operations since late 2020. Digital twins are virtual representations of…

Deci Raises $21M to Enable the World to Benefit from the Full Potential of AI

Deci, the deep learning development company that helps enterprises build, optimize, and deploy AI to production, has announced that it has raised a $21 million Series A round led by New York-based global private equity and venture capital firm Insight Partners. Deci’s existing investors Square Peg, Emerge and Jibe Ventures participated in the round and…

Element5 announces the appointment of Jennifer Maxwell to Board of Directors

Element5, an Automation as a Service solution leveraging AI and RPA for post-acute care, has announced the appointment of Jennifer Maxwell to their Board of Directors. Jennifer is currently the co-founder and CEO of Maxwell Healthcare Associates, (MHA) a consulting firm in post-acute care and Strategic Advisor to Medalogix, a one-of-a-kind data analytics company also…

Vise Raises $65 Million in Series C Round

Vise, an AI-powered investment management platform built for advisors, has announced it has raised $65 million in Series C funding. The latest round was led by Ribbit Capital, with participation from existing investors including Sequoia Capital. The Series C round brings the total capital raised since Vise’s founding to over $125 million. Vise has further…

AI Startup Shubu.ai led by IITian raises USD 1 million

Shubu.ai, a Bengaluru-based artificial intelligence (AI) enterprise, has raised $1 million from a health-tech investor. Shubu.ai is a voice-based assistant developed focused on doctors and medical practitioners. The cloud based, AI-driven application claims to simplify the documentation workload for doctors as well as assists in other administrative tasks. The app was developed by a group of IIT…

Jio Haptik partners with iSON Xperiences to enable AI-powered customer service for enterprises in Africa

Jio Haptik Technologies Limited, a conversational AI company and a subsidiary of Reliance Jio Platform, has announced a strategic partnership with iSON Xperiences, a customer experience provider in Africa, Middle East, and India. Aakrit Vaish, CEO & Co-founder at Haptik, said, “Our alliance with iSON allows us to power businesses in Africa and the Middle East with highly automated,…

Torch.AI Raises $30M to Scale Its AI-Driven High Speed Data Processing Platform

Torch.AI, a global artificial intelligence (AI) firm that uses machine learning to enable massively scaled, ultra high performance data processing, has announced it raised $30 million in Series A funding to accelerate its overall growth strategy. The funding, led by Laurence Tosi’s WestCap Group, a prominent San Francisco-based investment firm, will enable the company to…

Square Yards acquires 3D visualisation platform – PropVR

Square Yards has recently announced that it has acquired PropVR, a 3D visualisation platform based on artificial intelligence. According to ET, “Both the founders of PropVR will join Square Yards in senior leadership roles, as part of the all-stock deal. PropVR’s existing investors, including realty developer Brigade Group’s Real Estate Accelerator Programme (REAP), have also…

Sherpa.ai secures $8.5M

Sherpa has raised $8.5M from Managing Partner at Apax Digital – Marcelo Gigliani, the chairman of British Airways – Alex Cruz, and Mundi Ventures and Ekarpen, Spanish investment firms. The fund will be used to expand from conversational AI to B2B privacy-first federated learning services. Sherpa.ai, based in Bilbao and Silicon Valley, is the provider…

TCS partners with VodafoneZiggo

Tata Consultancy Services, a global IT services, consulting and business solutions organization, has expanded its strategic partnership with VodafoneZiggo B.V. Netherlands to help the latter speed up its fixed fiber network roll out using AI. As part of the partnership, TCS will deploy AI and machine learning technology as well as TCS TwinX™, its digital…

TCS ranked #1 in AI Services by Everest Group

Tata Consultancy Services, a global IT services, consulting and business solutions organization, has been recognized as a Leader in the Everest Group PEAK Matrix® for Artificial Intelligence (AI) Services1. According to the report, TCS has made credible investments in building a comprehensive portfolio of Al services, underpinned by strategic investments in developing domain-specific platforms and…

AI-based platform SAHI to empower industry find skilled gig workers

SAHI, an artificial intelligence-based platform that would help the industry meet the rising demand for skilled gig workers, was launched on Thursday. Code on Social Security 2020 defines gig worker as a person who performs work or participates in a work arrangement and earns from such activities outside of traditional employer-employee relationship. “SAHI, a B2B2C…