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Press Release

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 […]

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Press Release

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 […]

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Corporate Global

Affine Expands its Footprints with a New Branch in Hyderabad

Affine, an Artificial Intelligence (AI) and Data Engineering solutions consultancy headquartered in Bangalore, opened its new branch in Hyderabad, announcing plans to hire 200 new employees before the end of this financial year and ramp it up to 350 to 400 by the end of the 2022 calendar year. “Hyderabad is big on Industry 4.0. […]

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Global Investment

Anomaly raises $17 million

Anomaly, a precision payments platform using artificial intelligence (AI) to improve payment accuracy in the healthcare industry, has announced $17 million in series A and seed funding. The series A was led by RRE Ventures and included participation from Link Ventures and existing investors Madrona Venture Group, Declaration Partners, and Redesign Health. “Overpayments, billing errors, […]

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Corporate Education & Skills

Deloitte launches the Deloitte AI Academy to advance Artificial Intelligence Proficiency for Business and Society

Deloitte has announced the launch of the Deloitte AI Academy which is designed to help bridge the technology talent gap by developing and re-skilling today’s workforce with immersive training in the AI capabilities required for the digital economy, according to a statement. “The Deloitte AI Academy bridges AI technical competencies — AI-enabled data engineering and […]

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Acquisition Global

Fractal Acquires Samya.ai to Drive Next Generation of Enterprise Revenue Growth Management

Fractal, a global provider of artificial intelligence and advanced analytics solutions, has announced the acquisition of Samya.ai, a Revenue Growth Management (RGM) company, for an undisclosed amount. This acquisition strengthens Fractal’s RGM offerings and expands its reach across industries to help its clients make #betterdecisons to drive sustainable growth, according to a company statement. Pranay […]

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Future of Work

How workplaces can better adapt to the pandemic using advanced technology

Around half of the world’s 3.3 billion global workforce is at risk of losing their livelihoods due to Covid-19…Frost and Sullivan has released a report Top 5 Growth Opportunities in the Connected Work Industry for 2021

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News

IBM and ServiceNow strategic partnership to help businesses use AI to reduce costs and risk

IBM and ServiceNow have announced an expansion to their strategic partnership designed to help companies reduce operational risk and lower costs by applying AI to automate IT operations.  “Available later this year, a new joint solution will combine IBM’s AI-powered hybrid cloud software and professional services to ServiceNow’s intelligent workflow capabilities and market-leading IT service […]

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News

HCL Technologies joins NVIDIA partner network to pursue opportunities in AI

HCL Technologies (HCL), a global technology company, announced it has joined NVIDIA Partner Network (NPN), the US-based technology company’s partner program, with plans to pursue expanded opportunities in the Artificial Intelligence (AI) space. HCL also announced the launch of NEXT.ai, HCL’s AI Lab, focused on upskilling engineers and architects utilizing AI solutions across hardware and […]

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News

IBM creates new fan experiences using AI and Hybrid Cloud for US Open

IBM, the digital partner of the United States Tennis Association (USTA) for 29 years, announced the innovative new fan experiences leveraging artificial intelligence (AI) underpinned by hybrid cloud technologies that will enable millions of fans around the world to experience the excitement and vibrant debate surrounding the iconic tennis Grand Slam, the first ever without […]

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News

Microsoft research suggests businesses need to prioritize skills as much as technology to maximize value from AI

Microsoft India released new research revealing that organizations that combine deployment of AI with skilling initiatives are generating most value from AI. Topline findings of the research underscore that mature AI firms are more confident about the return on AI and skills.  Over 93 percent of senior executives surveyed from these companies were sure their […]

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News

IBM, Influential launch AI-enabled social targeting solution to help brands identify suitable influencers

IBM announced the launch of Watson Advertising Social Targeting with Influential, a new solution that harnesses artificial intelligence (AI) to help brands identify influencers that best align with their brand values. The new solution within the Watson Advertising suite of targeting products marks an expanded collaboration with Influential, a leader in advanced social media technology.  […]

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Investment

NovaSight closes $8mn Series A Financing in quest to combat vision disorders worldwide

Israeli AI startup NovaSight recently announced today that it has finalized its round A financing totaling $8mn. The round was led by Rimonci Capital and joined by world-leading strategic investors from both pharmaceutical and medical device industries. Prior to this round the company had raised $8mn for a total of $16mn. The funds will be […]

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Executive Movements

o9 Solutions promote Anand Govind to the role of Chief Financial Officer

Dallas-based AI platform for integrated planning and digital operations o9 Solutions Inc. recently announced that it has promoted Anand Govind to the role of Chief Financial Officer. Anand was previously EVP of Finance. According to an official statement, “He(Anand) brings to o9 significant financial and technology industry experience including an extensive background in corporate finance, […]

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Investment

Cyclica raises CAD$23mn in Series B funding round

Neobiotech company, Cyclica recently announced that it has raised CAD$23mn in Series B funding round. The funding round was led by Drive Capital with participation from Chiesi Farmaceutici, GreenSky Capital, and members of Cyclica’s management team. With the new funding, the company will support continued innovation around Cyclica’s integrated proteome-wide drug discovery platform, and will […]