Qualcomm announced the acquisition of MovianAI Artificial Intelligence (AI) Application and Research JSC (MovianAI) on Tuesday. MovianAI is the former generative AI division of VinAI Application and Research JSC (VinAI) and a part of the Vietnamese conglomerate Vingroup. With this move, the San Diego-based tech giant has acquired a 65 percent stake in the company. … Read more
Sydney: In 2023, the World Health Organization declared loneliness and social isolation as a pressing health threat. This crisis is driving millions to seek companionship from artificial intelligence (AI) chatbots. Companies have seized this highly profitable market, designing AI companions to simulate empathy and human connection. Emerging research shows this technology can help combat loneliness. … Read more
Enter Sumit Mitra. The former BT Group managing director was brought in by the British retailer in 2017 to head Tesco Business Solutions, the technology centre arm. His sole mandate was to drive change. Today, the company has one of its oldest running global capability centres (GCC) in India and employs about 5,500 people at … Read more
New Delhi [India], March 29 (ANI): India can emerge as a preferred data centre hub due to host of enabling factors, including improving cross-border connectivity (more and more sub-sea cable landings being laid), lower capital and operating cost (including for utilities and manpower), said JM Financial in a report. The financial advisory firm also asserted … Read more
London: Artificial intelligence can help detect foetal abnormalities from pregnancy scans nearly twice as quickly but with the same accuracy, according to the results of a UK trial published Thursday. The trial, which included 78 pregnant women and 58 sonographers, focused on looking for heart problems in the 20-week scans, but researchers said the AI … Read more
Two years after arresting a revenue decline, Cognizant Technology Solutions Corp. aims for revenue growth that would place it amongst the world’s top four IT services companies, including Accenture Plc, Tata Consultancy Services Ltd, Capgemini SE, and Infosys Ltd, by FY27. On Tuesday, as part of its annual investor meeting, Cognizant shared a four-point strategy … Read more
Google Pixel 9a debuted on Wednesday as the latest addition to the company’s affordable “a” series lineup. To achieve a lower price tag, the phone sacrifices some of the features seen in the flagship Pixel 9 models. While the Pixel 9a still offers artificial intelligence (AI) capabilities powered by Google’s large language model (LLM), a … Read more
Rome, Italy: In a world first, an Italian newspaper is printing a fully AI-generated edition for a month in what its director said Thursday was an experiment to “revitalise journalism, not to kill it”. Il Foglio, a daily broadsheet with an irreverent touch and a circulation of about 29,000, says it is the first newspaper … Read more
Nvidia and Elon Musk’s xAI have joined a consortium backed by Microsoft and BlackRock to expand artificial intelligence infrastructure in the US, the companies said on Wednesday, as a global race to dominate the nascent technology intensifies. The group, formed last year with a goal to initially invest more than $30 billion in AI-related projects, … Read more
Mistral Small 3.1 artificial intelligence (AI) model was released on Monday. The Paris-based AI firm introduced two open-source variants of the latest model — chat and instruct. The model comes as the successor to the Mistral Small 3, and offers improved text performance and multimodal understanding. The company claims that it outperforms comparable models such … Read more
Meta has reportedly begun testing its first in-house chipsets that will be used to train artificial intelligence (AI) models. As per the report, the company has deployed a limited number of processors to test the performance and sustainability of the custom chipsets, and based on how well the tests go, it will begin large-scale production … Read more
Global venture capital firm Bessemer Venture Partners expects artificial intelligence (AI) to disrupt its investment roadmaps, with a disproportionate share of its new $350 million India-dedicated fund likely to flow into opportunities in this new-age technology that promises to transform businesses. The firm that has backed companies such as Swiggy, BigBasket, Urban Company, Pharmeasy, Cashify … Read more