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Cognizant Partners with NVIDIA to Accelerate Drug Discovery with Generative AI

Cognizant and NVIDIA are collaborating to use Generative Artificial Intelligence Gen AI technology, namely the NVIDIA BioNeMo platform, to address cha

Cognizant and NVIDIA are collaborating to use Generative Artificial Intelligence Gen AI technology, namely the NVIDIA BioNeMo platform, to address challenging drug development problems in the life sciences industry. Researchers can quickly and correctly filter through large datasets, anticipate medicinal compound interactions, and accelerate the discovery of novel medicines by utilising Gen AI. Using this partnership, Cognizant hopes to lower the need for infrastructure and manual intervention by giving clients access to pretrained generative AI models and sophisticated frameworks. Alvin DaCosta of NVIDIA highlights how using BioNeMo can lead to better drug discovery results. Cognizant intends to create an NVIDIA AI Centre of Excellence to advance its partnership with NVIDIA into new markets, including manufacturing and automotive engineering, to drive innovation for clients worldwide. Read More..

B2B Tech News | 1 months ago      

CrowdStrike and NVIDIA Join Forces to Enhance Cybersecurity with AI Computing Services Integration

To improve cybersecurity capabilities, CrowdStrike and NVIDIA have announced a strategic partnership to see NVIDIAs AI computing services integrated i

To improve cybersecurity capabilities, CrowdStrike and NVIDIA have announced a strategic partnership to see NVIDIAs AI computing services integrated into the Falcon XDR platform. By integrating NVIDIAs GPUoptimized AI pipelines with Falcon platform data, enterprises may enhance threat detection and response capabilities by utilising bespoke generative AI models. This partnership aims to counter the growing sophistication and speed of contemporary cyberattacks. CrowdStrike CEO George Kurtz highlights the partnerships emphasis on leveraging AI technology to accelerate commercial value. NVIDIA CEO Jensen Huang highlights the value of data processing in cybersecurity and how their combined solution may improve threat visibility for businesses. Through the partnership, Falcon users can use AIpowered solutions for quicker breach detection and response, using NVIDIAs accelerated computing capabilities and CrowdStrikes extensive security telemetry. Read More..

B2B Tech News | 1 months ago      

Microsoft Taps DeepMind Cofounder Mustafa Suleyman to Lead New Consumer AI Unit

Microsoft has named cofounder of DeepMind Mustafa Suleyman to head its new consumer AI division, combining projects like the Copilot chatbot and the n

Microsoft has named cofounder of DeepMind Mustafa Suleyman to head its new consumer AI division, combining projects like the Copilot chatbot and the next Bing browser. As CEO, Suleyman will oversee the Copilot and Bing teams at Inflection AI and answer directly to Microsoft AI. This action is intended to support Microsofts AI initiatives in the face of increasing competition, especially from Google. Cofounder of Inflection AI Karen Simonyan joins as chief scientist. Amid regulatory scrutiny, Microsoft reiterated its dedication to its relationship with OpenAI. Sean White will take over as CEO of Inflection AI, which is supported by Microsoft and Nvidia and will change its focus to offering models for commercial clients. Read More..

B2B Tech News | 1 months ago      

Nvidia Unveils Project GR00T A NextGen Hardware and Software Platform for HumanLike Robots

During its developer conference, Nvidia unveiled a hardware and software framework for creating robots that resemble humans. Under the Project GR00T m

During its developer conference, Nvidia unveiled a hardware and software framework for creating robots that resemble humans. Under the Project GR00T moniker, the platform consists of a computer system called "Jetson Thor," which is driven by AI processors from Nvidia and genAI software that allows robots to react to inputs using a combination of language, video, human demonstrations, and prior experiences. Vice President Rev. Lebaredian stressed cooperation with the robotics and simulation ecosystem while highlighting the platforms potential in heavy industries. The package of tools dubbed the "Isaac" platform, includes tools for multicamera sensing, reinforcement learning, and developing robotic arm functionalities. Nvidia intends to distribute pretrained robotics models and additional software updates to improve robot capabilities further. Read More..

B2B Tech News | 1 months ago      

Federal Bank Reduces Bill of Lading Handover Time to 3 Hours with Digital Solution

By switching to a digital solution, Federal Bank successfully cut the lead time for transferring lading bills from up to a week to just three hours. T

By switching to a digital solution, Federal Bank successfully cut the lead time for transferring lading bills from up to a week to just three hours. This step reduces hazards like forgery, loss, and theft of paper copies in addition to doing away with reams of paper. Furthermore, lowering the amount of paper used and the carbon emissions related to courier services aligns with Environmental, Social, and Governance ESG principles. Senior Vice President of Federal Bank Rathna Mala L V noted that the bank was happy to be the first in India to successfully finish a pilot programme for digital export document collection through the use of the WaveBL platform, highlighting the advantages of digital transactions in terms of quicker response times and increased operational effectiveness. VP of Financial Institutions, Ofer Ein Bar at WaveBL, emphasized Federal Banks and WaveBLs shared commitment to drive innovation and sustainability in trade finance. Read More..

B2B Tech News | 1 months ago      

TCS Shares Drop Over 3% Amid Tata Sons Offer to Sell Stake

Tata Consultancy Services TCS saw a more than 3% decrease on March 19, with shares falling as low as Rs 4022 intraday. Tata Sons, which purportedly of

Tata Consultancy Services TCS saw a more than 3% decrease on March 19, with shares falling as low as Rs 4022 intraday. Tata Sons, which purportedly offered to sell 2.34 crore shares in Indias largest IT services company, is most likely the cause of this fall. During the day, almost 2.2 crore shares, or 0.6% of the stock, were exchanged at an average price of Rs 4,043. TCS shares were down about 3% at Rs 4,032.50 on the National Stock Exchange NSE as of 927 a.m. TCS is now Indias second most valuable listed business, having a market valuation of over Rs 15 lakh crore. As of December 31, 2023, promoters held 72.41% of the shares, while Tata Sons held 72.38%. Sharekhan made an offer to "buy" recommendation for TCS, setting a target price of Rs 4,750, citing the companys robust domain expertise, expansive geographical presence, and potential for sustained revenue growth driven by significant deal wins and rebounding demand in critical sectors such as BFSI. Read More..

B2B Tech News | 1 months ago      

Investor Interest Surges in AIThemed ExchangeTraded Funds ETFs

ExchangeTraded Funds ETFs with an Artificial Intelligence AI theme have become extremely popular due to the increased interest in AI. This has given i

ExchangeTraded Funds ETFs with an Artificial Intelligence AI theme have become extremely popular due to the increased interest in AI. This has given investors more opportunities to profit from this rapidly developing technology. The funds span from those with several prominent AI beneficiaries to others focusing on more specialised areas such as robotics and audio production. As of February, the total assets of AIthemed ExchangeTraded Funds ETFs in the US were $6.88 billion, a notable rise from $2.55 billion the previous year. This pattern is consistent with earlier waves of investor enthusiasm for disruptive technology. Notably, Nvidias shares are still attracting attention, making it a focal point in the AI investing environment. Smaller ETFs have also increased significantly, suggesting that investors interest in AIrelated assets is growing. Although some investors concentrate on established AI leaders like Nvidia, others seek exposure to emerging areas expected to benefit from AI t Read More..

B2B Tech News | 1 months ago      

Chinese and Angolan Presidents Meet in Beijing, Strengthen Bilateral Ties

During their meeting in Beijing, Chinese President Xi Jinping greeted Angolan President Joao Lourenco as an old friend of China. Xi emphasised that Ch

During their meeting in Beijing, Chinese President Xi Jinping greeted Angolan President Joao Lourenco as an old friend of China. Xi emphasised that China and Angola have a longstanding and mutually beneficial relationship and that their cooperation is an example of winwin and SouthSouth cooperation. The two presidents talked further about improving trade and economic cooperation while expressing thanks for the assistance. During the meeting, they also declared that the bilateral ties will now be elevated to a comprehensive strategic cooperative partnership. Read More..

B2B Tech News | 1 months ago