Sonata Software, a prominent Modernisation Engineering company listed on both the National Stock Exchange (NSE: SONATSOFTW) and Bombay Stock Exchange (BSE: 532221), has unveiled its strategic plan to bolster its presence in Europe with the establishment of a new delivery centre in Kraków, Poland. This move is aligned with Sonata Software’s expansion objectives in key […]
In a landmark move poised to redefine the landscape of generative AI solutions, Groq, a leading company in the field, has announced the acquisition of Definitive Intelligence. This strategic merger is set to empower organizations by unlocking actionable insights through advanced AI technologies. Sunny Madra, Co-founder and CEO of Definitive Intelligence, will spearhead the newly […]
A recent report by MIT Sloan Management Review titled “The State of Generative AI in the Middle East” reveals that 72% of executives from companies in the region are utilizing generative AI tools within their organizations. An additional 21% are contemplating their adoption, underscoring the growing interest in this technology. However, the enthusiasm is tempered […]
Houghton Mifflin Harcourt (HMH), a leading learning technology company, announced its acquisition of the award-winning software company Writable. This move not only strengthens a longstanding partnership between the two organizations but also marks a significant step towards enhancing HMH’s core English Language Arts (ELA) offerings for grades 3-12. The acquisition deal, whose financial terms were […]
In a move set to redefine the landscape of digital transformation and connectivity, NTT DATA, a global leader in IT infrastructure and services, has joined forces with Schneider Electric, a trailblazer in the digital transformation of energy management and automation. The strategic partnership marks the launch of a pioneering co-innovation that promises to empower enterprises […]
In a significant move within the tech industry, BRIA, renowned for its commitment to ethical visual generative AI, has successfully raised $24 million in Series A funding. The funding round was jointly led by GFT Ventures, Intel Capital, and Entree Capital, with notable contributions from Publicis Groupe, Getty Images, Samsung Next, IN venture (Sumitomo Corporation, […]
LTIMindtree, a prominent global technology consulting and digital solutions firm, and Eurolife FFH, a leading insurance company based in Athens, Greece, have announced a groundbreaking collaboration. This partnership, powered by Fairfax Digital Services, aims to establish a first-of-its-kind Gen AI and Digital Hub in Athens, alongside dedicated facilities in Poland, Europe, and Mumbai, India. The […]
In a significant development that’s set to redefine the procurement landscape, LTIMindtree, a leading global technology consulting and digital solutions company, today unveiled Navisource.AI. This GenAI-powered autonomous sourcing platform is designed to revolutionize procurement processes, boasting an AI-driven pricing and negotiation engine that aims to slash overall procurement costs by 10-15 percent. Navisource.AI stands out […]
In a strategic move poised to redefine the landscape of digital innovation, Vonage, a global leader in cloud communications and a pivotal part of Ericsson, has announced a groundbreaking collaboration with Amazon Web Services (AWS). This alliance is set to catalyze the development of new solutions, making them readily accessible to millions of AWS developers […]
Nokia has announced the launch of MX Workmate, a groundbreaking suite of operational technology (OT)-compliant tools designed to transform the way industrial workers interact with machines. This innovative solution leverages Generative AI (GenAI) and Large Language Models (LLM) to facilitate contextual, human-like interactions between workers and industrial systems, marking a significant advancement in industrial productivity, […]