Companies worldwide recognize artificial intelligence (AI) as a transformative force, poised to significantly boost productivity and revolutionize industries. Yet, a new study from Infosys Knowledge Institute (IKI), the research arm of Infosys (NSE, BSE, NYSE: INFY), reveals a stark reality: while businesses anticipate AI-driven productivity gains of 10-40%, only 2% of organizations are fully prepared […]
Salesforce and NVIDIA have announced a strategic collaboration aimed at advancing artificial intelligence capabilities in the enterprise sector. The collaboration will focus on developing autonomous agent and interactive avatar experiences by combining the NVIDIA AI platform with the Salesforce Platform and Agentforce to optimise predictive and generative AI workflows. This partnership promises to empower sales, […]
IBM and Intel have unveiled a pivotal collaboration aimed at redefining enterprise artificial intelligence (AI) deployment. Scheduled for release in early 2025, this partnership focuses on embedding Intel Gaudi 3 AI accelerators into IBM Cloud. This initiative stands out as a strategic move to equip hybrid and on-premise environments with scalable and economically viable AI […]
Infosys (NSE, BSE, NYSE: INFY), a prominent global leader in digital services and consulting, has taken a significant step in its AI journey by joining the Stanford University Institute for Human-Centered Artificial Intelligence (Stanford HAI) as a member of its Corporate Affiliate Program. This collaboration aims to propel advancements in artificial intelligence (AI) research and […]
Deloitte’s latest “State of Generative AI in the Enterprise: Q3 2024” report reveals the growing complexities companies face as they move from exploring generative AI’s potential to focusing on its tangible business outcomes. The report shows that while investments in AI continue to rise, significant challenges in scaling AI projects, modernizing data management, and navigating […]
Accenture has announced a groundbreaking development in the realm of generative AI with the introduction of its AI Refinery framework, built on the NVIDIA AI Foundry platform. This new framework is designed to help clients create custom Large Language Models (LLMs) using the newly launched Llama 3.1 collection of openly available models. This step represents […]
In a landmark development, Mistral AI, in collaboration with NVIDIA, has introduced the Mistral NeMo 12B, a state-of-the-art language model designed to transform enterprise AI applications. This new model caters to a range of functions from chatbots and multilingual tasks to coding and summarization, setting a new benchmark in the AI sector. High Performance Meets […]
Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) has announced a significant move in the fintech industry with its acquisition of Arya.ai, a Platform as a Service (PaaS) startup specializing in banking and insurance. This strategic acquisition, costing approximately 16.5 million USD, includes a combination of share purchases from existing shareholders and new equity capital, marking […]
IBM has declared the creation of a $500 million venture fund dedicated to bolstering a spectrum of AI companies, from nascent startups to those in rapid-growth phases. This strategic investment aims to speed up the development of generative AI technology and research within the enterprise sector. Cultivating Future AI Leaders through Strategic Investments The IBM […]
