AWS to commit $230 million to global GenAI accelerator for early-stage startups 

[ad_1] Amazon Web Services (AWS) has announced a $230 million commitment to generative AI startups, and the expansion of the global Generative AI Accelerator, intended to help 80 founders and innovators. The company intends to turbocharge the growth of startups in...

Newgen launches GenAI-powered hyper-personalisation platform LumYn for banks

[ad_1] Newgen Software, a global provider of low-code digital transformation platforms, has launched LumYn, a Gen AI-powered hyper-personalisation platform designed specifically for the banking sector. The company claims this growth intelligence platform is set to enhance profitability and significantly improve...

‘GenAI projects poised for exponential growth, but global slowdown on tech spends is a counter trend’

[ad_1] The global hype for artificial intelligence (AI), turned the fate for the Indian AI native start-up Fractal Analytics, which became a unicorn in 2022 after being in operations for nearly 20 years. However, reduction in tech spends for the...

Persistent Systems launches AI-powered data solution iAURA

[ad_1] Persistent Systems Ltd has launched Persistent iAURA to address data challenges in the deployment of artificial intelligence (AI), using AI and machine learning (ML) to uncover hidden patterns for data-driven decision-making, business intelligence, and automated data quality assurance. The iAURA...

Cognizant’s advanced AI lab produces 53 patents and counting

[ad_1] Innovation around Artificial Intelligence (AI) has become a nerve centre for Cognizant Technology Solutions as clients demand AI-based services. The company’s advanced AI lab has already produced 53 AI patents, and applications for many more are pending.S Ravi Kumar,...

Leverage GenAI for reskilling

The infusion of technology in this quest made things easier and today, when artificial intelligence is at its most advanced, it is time to unlock the next chapter in effective reskilling of employees. In clearer terms, it is time to...

GenAI start-up Vodex raises $2 mn in seed round 

[ad_1] Vodex, a GenAI company, has raised $2 million in a seed round from Unicorn India Ventures, and Pentathlon Ventures. The funds raised will be used for global expansion. The company said it plans to expand business by at least...

Adobe unveils suite of innovations for enterprise through GenAI

[ad_1] Adobe unveiled a suite of innovations for the enterprise that will empower brands to deliver one-to-one personalisation at scale through generative AI and real-time insights, at Adobe Summit. Also read: We are building AI models that are superior to...

 India is hotbed for travel tech innovation: Amadeus 

[ad_1] India presents a unique opportunity for Amadeus to test and implement its latest technologies in a rapidly growing travel market, Decius Valmorbida, President, Travel, Amadeus said. The company that has partnered with major airports and Indian airlines including IndiGo and...

Qualcomm accelerating efforts to bring GenAI capabilities to Edge devices, says company’s India head Savi Soin

[ad_1] If Nvidia is providing the AI horsepower needed for data centres and servers worldwide, semiconductor major Qualcomm wants to capture the AI-on-Edge market and is focused on working toward making AI-enabled chipsets for smartphones, computers, modems, and other Edge...
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