NexGen Banking Summit, 2024
About the Event : NexGen Banking Summit 2024: The First-Ever GenAI-Powered Banking Event Comes to London This exclusive two-day summit, being hosted at the Hilton London Canary Wharf, London, UK on October 23-24, 2024, will be the first-of-its-kind event focused on the impact of GenAI and other disruptive technologies on the banking sector. Attendees will […]
Singtel and Hitachi Collaborate on Next-Generation Data Centers and GPU Cloud
Singtel and Hitachi, Ltd. (TSE: 6501) have signed a Memorandum of Understanding (MOU) to collaborate on next-generation data centers and GPU Cloud in Japan and potentially the wider Asia Pacific region under the lead of Singtel’s Digital InfraCo unit. The strategic partnership will combine Singtel’s extensive data center and connectivity expertise and technology platforms with […]
Canva Announces Plans to Acquire Generative AI Platform Leonardo.AI
Canva, a world leader in visual communication with more than 190 million monthly active users, today announced plans to acquire Leonardo.AI. As one of Australia’s fastest-growing startups, and a leading generative AI content and research company, Leonardo.AI is empowering millions of people to bring their ideas to life through production-quality images and videos. The acquisition […]
Nscale announces the acquisition of Kontena
Nscale, a fully vertically integrated AI cloud platform, yesterday announced the acquisition of Kontena, a leader in high-density modular data centres and AI Data Centre solutions. This acquisition marks a significant step forward in Nscale’s mission to provide the infrastructure backbone to the growing generative AI market through cost-effective, high-performance solutions that unlock AI’s full […]
Bel Group and Dassault Systèmes to Accelerate the Food Industry’s Transition Towards Sustainability
Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) and Bel Group, recently announced their long-term partnership to accelerate the food industry’s transformation toward a more sustainable model. The companies will play a pivotal role in shaping the future of food by digitalizing the end-to-end value chain powered by artificial intelligence, from product idea to manufacturing and market launch. The […]
Vectra AI appoints Sailesh Munagala as CFO to drive profitable growth
Vectra AI, Inc., the leader in AI driven XDR (extended detection and response), yesterday announced the appointment of Sailesh Munagala as Chief Financial Officer (CFO). Munagala is a hands-on finance executive with extensive experience in managing finance operations for at-scale high-growth technology companies. Munagala joins the executive team at a significant time, as Vectra AI expands the Vectra AI Platform to […]
QpiAI secures USD 6.5Mln pre-series A funding
QpiAI, a leader in quantum computing and generative AI, announced its maiden external funding of $6.5 million to build Quantum computing and Generative AI products and platforms. Dr Nagendra Nagaraja CEO and Founder of QpiAI quoted, “The pre-series A round of QpiAI will be remembered as a landmark funding round in Indian Deeptech. This round should […]
Thales and CEA join forces on trusted Gen-AI for defence and security
To create trusted generative AI solutions, Thales’s cortAIx Lab, the most powerful integrated laboratory for critical AI in Europe, and the CEA, which is one of the world’s most innovative research organisations and is listed alongside Thales in the Clarivate Analytics Top 100 Global Innovators,1 have joined forces to focus on a range of generative AI […]
Trustwise raises USD 4Mln to tackle generative AI safety and efficiency
Trustwise, a pioneer in generative AI application performance and risk management, yesterday announced its official launch, the release of its Optimize:ai product, and $4 million in seed financing. Led by Hitachi Ventures with participation from Firestreak Ventures and Grit Ventures, this investment will enable the company to speed up the development of cost and risk […]
GIGABYTE joins NVIDIA to launch RTX AI PCs
GIGABYTE, a leading computer brand, is showcasing its prowess in artificial intelligence by partnering with NVIDIA to launch high-end RTX AI PCs. In his keynote at COMPUTEX 2024, NVIDIA CEO Jensen Huang highlighted the dawn of a new computing era driven by generative AI, digital twins, and personal computers evolving into AI factories with digital humans […]