AI News – Page 388
- Industrial AI startup ExactSpace Technologies raises USD 1.4 million as seed funding
The company’s AI platform Pulse brings solutions to their clients that combine machine learning and industry knowledge.
poulomi.chatterjee ·
- 83 per cent of Indian BFSI players think AI is compulsory for better customer experience
Of the respondents, 57 per cent said that they trusted that AI would give them a competitive edge.
poulomi.chatterjee ·
- Qualcomm unveils its AI-powered Snapdragon X70 modem
The modem uses AI for its 5G capabilities, while maintaining low latency and power efficiency in phones.
poulomi.chatterjee ·
- Sony to acquire the creators of Halo & Destiny game for USD 3.6 Bn
Bungie is best-known for Destiny and Halo gaming franchises
sharathkumar.nair ·
- Atlassian acquires Percept.AI, to integrate with Jira
The acquisition is the latest step for Atlassian towards a future of service management that is driven by AI and smart experiences.
Ebin K. Gheevarghese ·
- Tech Mahindra’s profit rises 2.2% in the latest quarter
The company added 3,874 employees during the December quarter.
Ebin K. Gheevarghese ·
- AI solutions firm SparkCognition turns unicorn, bags USD 123 Mn in Series D
The company completed three acquisitions in 2021 and diversified into financial services, maritime, and renewable energy markets.
sharathkumar.nair ·
- RBI to launch blockchain-backed digital rupee in FY23
Digital currency will also lead to a more efficient and cheaper currency management system.
sharathkumar.nair ·
- Union Budget: Indian govt confers ‘Infrastructure status’ to data centres
The data centre and energy storage sector will now be able to get credit at competitive rates and on a long-term basis with enhanced limits.
sharathkumar.nair ·
- Accenture appoints Manish Sharma as COO
Accenture named Yusuf Tayob as the group chief executive- Operations, effective from March 1 , 2022.
sharathkumar.nair ·
- Indian Army establishes new Quantum Computing Lab and AI centre
Backed by National Security Council Secretariat (NSCS), the Indian Army has set up a Quantum Lab at the Military College of Telecommunication Engineering, Mhow.
poornima.nataraj ·
- Microsoft open-sources distributed ML library SynapseML
SynapseML runs on Apache Spark, provides a language-agnostic API abstraction over several datastores, and integrates with several existing ML technologies, including Open Neural Network Exchange (ONNX).
poornima.nataraj ·
- Sashastra Seema Bal wants AI-based tech solution to guard India's borders
SSB wants AI-based sensors and other electronic devices to identify suspicious persons/vehicles from a database of collected information
poornima.nataraj ·
- The top AI news of 2021
The year has introduced some gigantic AI models and GPT-3 competitors while witnessing regulatory crackdowns on big tech from countries worldwide.
Avi Gopani ·
- School students use cloud computing and AI to tackle real-world problems
AWS Young Builders Challenge 2021 promotes scientific temper, computational, design thinking, and coding skills among school students.
poornima.nataraj ·
- Bengaluru has highest AI talent pool outside the US, ranked 5th in a study
Bengaluru ranks 5th globally for AI talent pool; the ranking is derived based on indicators such as talent pool, investments, diversity of talent, and the evolution of the country's digital foundations (TIDE).
poornima.nataraj ·
- IIT-Delhi introduces 'Pillay Chair Professor' to promote research in ML
IIT Delhi alumnus Sanjay Pillay has endowed the Pillay Chair Professor. This chair will enhance the institute's strengths to promote excellence and leadership in teaching, research and development in Machine Learning, VLSI Design and Sensors.
poornima.nataraj ·
- AI compresses reality to small vector space: Elon Musk
Musk recently tweeted, "So much of AI is about compressing reality to a small vector space, like a video game in reverse." He further tweeted that Physics formulas are rendering rules.
Shraddha Goled ·
- PM Modi says 'work on AI but don't forget Human Intelligence' at IIT Kanpur Convocation
"The 21st century is technology-driven, and technology will play a key role in transforming India. We are entering a phase of vast opportunities to make a 'Modern India'," PM Modi at IIT-Kanpur's convocation ceremony
poornima.nataraj ·
- India’s 1st quantum computing tech park to come in Gujarat
The first quantum computing technology park of India will be creating a robust quantum technology ecosystem, right from R&D, design & engineering, simulation, and testing to manufacturing, packaging, and skills in quantum tech.
poornima.nataraj ·