HD Hyundai collaborates with Google Cloud to accelerate AI innovation
HD Hyundai is partnering with Google Cloud to accelerate its digital transformation using generative AI technology. The collaboration will introduce generative AI across Hyundai’s core businesses, including its world-leading shipbuilding and top-ranking construction machinery businesses in Korea. Google Cloud will provide enterprise solutions like its Vertex AI platform to develop industry-specific AI applications. Starting in January 2024, the company […]
ADIO And Faraday Future Launches GenAI And Advanced EVs Boost SAVI Cluster
The Abu Dhabi Investment Office (ADIO) and the California-based global shared intelligent electric mobility ecosystem company Faraday Future Intelligent Electric Inc. recently announced that FF is all poised to bring out their Generative AI and Advanced Intelligent electric vehicle capabilities to the UAE capital’s Smart and Autonomous Vehicles Industry (SAVI) cluster. Industry sources added that […]
Amazon Bedrock Powers Trellix’s Latest CyberSec Gen AI Innovations
Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), recently announced its generative artificial intelligence (GenAI) capabilities, built on Amazon Bedrock and aided by Trellix Advanced Research Center. Industry sources further added that Amazon Bedrock is a fully managed service from Amazon Web Services (AWS) making foundation models (FMs) from leading AI […]
L&T partners with Google Cloud to develop DevX platform
L&T Technology Services, a leading global digital engineering and R&D services company, today announced an innovative collaboration with Google Cloud to harness the power of its generative AI (gen AI) technology and tools for the development of its LTTS Developer Experience Platform, known as DevX. LTTS DevX is a groundbreaking platform for engineering services, serving […]
Abridge raises series B funding of USD 30Mln
Abridge, the leader in generative AI for clinical documentation, announced a Series B raise of $30 million, led by Spark Capital. The round also included existing investor Bessemer Venture Partners, as well as several leading healthcare innovators including CVS Health Ventures, Kaiser Permanente Ventures, Lifepoint Health, Mayo Clinic, SCAN Group, UC Investments (University of California), and the American […]
Wavenet Showcases Its Strength In Monetizing Generative AI
Wavenet, a global catalyst for digital transformation, unveiled its digital prowess in Generative AI and how the company is reshaping the Telecommunications and Digital Healthcare industries at Digital Transformation World (DTW) 2023 – Ignite in Denmark. Industry sources added that Wavenet also received a Special Mention for the Open Innovation Catalyst Award, where the company […]
Visa announces USD100 Mln generative AI ventures initiative
Visa, a global leader in payments, yesterday announced a new $100 million generative AI ventures initiative to invest in the next generation of companies focused on developing generative AI technologies and applications that will impact the future of commerce and payments. As a pioneer of AI use in payments since 1993, Visa considers this initiative […]
Nexusflow secures USD 10.6Mln in seed round
Nexusflow, a Generative AI leader targeting the cybersecurity industry, announced yesterday that it has raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley. Nexusflow was founded by AI experts Professor Jiantao Jiao and Professor Kurt Keutzer from the Berkeley AI Research (BAIR) […]
Cerebras Systems names Dhiraj Mallick as COO
Cerebras Systems, the pioneer in accelerating generative AI, yesterday announced it has promoted Dhiraj Mallick to serve as the company’s chief operating officer (COO). Mallick joined Cerebras in 2018 and had previously been senior vice president of engineering and operations. In his expanded role as COO, Mallick will contribute heavily to the company strategy, create […]
What AI has done to IT?
Since the launch of ChatGPT or GPT-3 late last November by OpenAI, AI (Artificial Intelligence) has been a buzzword that almost anyone who uses the internet is aware of and given the dose of Sci-Fi movies based on AI, there has been a bit of cynicism related to AI as well.But let’s look at this […]
