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Setu Unveils Sesame Indias First Large Language Model for BFSI Sector

The first Large Language Model LLM in India explicitly designed for the BFSI industry is Sesame, and the wellknown fintech business Setu unveiled it.

The first Large Language Model LLM in India explicitly designed for the BFSI industry is Sesame, and the wellknown fintech business Setu unveiled it. Unveiled at the Adbhut India event, Sesame represents a significant turning point in the financial services industry. It was developed in partnership with the Indian AI research group Sarvam AI. Sesame seeks to improve loan monitoring, fraud detection, credit underwriting, and personal finance advice by utilizing Indias solid digital infrastructure. Sesame has been trained on unique data pertinent to the BFSI industry in India and provides domainspecific insights. Using internal and external financial data compliantly, Setu aims to provide hyperpersonalized financial services and better credit judgements to BFSI consumers. This programme demonstrates Indias expertise in applied artificial intelligence and aligns with Setus goal to democratize financial services. Read More..

B2B Tech News | 1 years ago          

Microsofts $3.3 Billion Investment in Wisconsin to Democratize AI and Drive Economic Growth

An essential first step towards democratising artificial intelligence and promoting economic growth is Microsofts $3.3 billion investment in Wisconsin

An essential first step towards democratising artificial intelligence and promoting economic growth is Microsofts $3.3 billion investment in Wisconsin. The project intends to spur innovation and opportunity in the area and beyond, focusing on AI and cloud infrastructure, skills training programmes, and an AI coinnovation lab with a manufacturing orientation. Vice Chair Brad Smith emphasised the projects connections to Wisconsins history of industrial innovation, while CEO Satya Nadella emphasised Microsofts commitment to democratising AI to promote economic development. Microsoft wants to empower people and businesses by utilising cuttingedge AI technology and funding skill development programmes. This will promote economic expansion and innovation in Wisconsin and the surrounding states. Read More..

B2B Tech News | 1 years ago          

Lam Research Boosts Indias Semiconductor Ambitions with Supply Chain Expansion

Lam Research, the leading manufacturer of semiconductor manufacturing equipment, supports Indias efforts to create a comprehensive semiconductor ecosy

Lam Research, the leading manufacturer of semiconductor manufacturing equipment, supports Indias efforts to create a comprehensive semiconductor ecosystem by extending its worldwide supply chain to the country. Lam Research is concentrating on Semiconductor Wafer Fab Equipment WFE manufacture and is looking to work with Indian vendors for other essential parts and precise components needed for advanced semiconductor production. This action aligns with Indias Semiconductor Mission and demonstrates the nations proactive approach to developing its semiconductor industry. Lam Research wants to help Indias semiconductor sector and improve supply chain flexibility by utilising local partnerships. This is a big step towards making semiconductor production more independent. Read More..

B2B Tech News | 1 years ago          

Apples Let Loose Event Unveils M4 Chip GameChanging Performance for Future Devices

The M4 chips announcement, which promised a revolutionary improvement in performance for new products like the OLED iPad Pro, stole the show during Ap

The M4 chips announcement, which promised a revolutionary improvement in performance for new products like the OLED iPad Pro, stole the show during Apples "Let Loose" presentation. Showcasing its neural engine, the M4s processing capability for AI has increased by an astounding 60 times above that of its predecessor, the A11s NPU. This news raises hopes for future Armpowered gear ahead of Microsofts next Windows and Surface AI presentation. Apple faces competition due to Qualcomms Snapdragon X Elite CPUs and Microsofts emphasis on Windows on Arm, especially with the MacBook Air M3 notebooks being targeted. Tech lovers anxiously await Microsofts answer to Apples most recent invention. Read More..

B2B Tech News | 1 years ago          

Tata Electronics Embarks on Semiconductor Chip Export Drive to Boost Indias Ecosystem

In a step that is expected to improve Indias semiconductor ecosystem, Tata Electronics has started to export semiconductor chips packed at its R&D cen

In a step that is expected to improve Indias semiconductor ecosystem, Tata Electronics has started to export semiconductor chips packed at its R&D centre in Bengaluru. Chips packaged and dispatched to US, Europe, and Japan partners are increasing Tata Electronics clientele. The business is nearing completion on printed circuit boards and integrated circuits for semiconductor chips of different nanometer sizes. After testing and refinement in response to consumer input, specific chips will move into commercial manufacturing in 2027. These chips are versatile since they are not designed for a single use. The Tata Groups ambitions to build a $10 billion chip foundry in Gujarat and a chippackaging factory in Assam align with this export push. The group aims to bolster Indias semiconductor manufacturing capabilities with projects like the Semiconductor Assembly & Test Facility in Assam and an AIenabled fab in Dholera, collaborating with Powerchip Semiconductor Manufacturing Corporation. Read More..

B2B Tech News | 1 years ago          

AT&T Completes Divestiture of Cybersecurity Arm, Launches LevelBlue Joint Venture

With the formation of a joint venture called LevelBlue, which will specialise in managed cybersecurity services and employ over 1,000 people across te

With the formation of a joint venture called LevelBlue, which will specialise in managed cybersecurity services and employ over 1,000 people across ten countries, AT&T has completed the spinoff of its cybersecurity services division. Under the direction of Robert McCullen, LevelBlue unifies the managed service and cybersecurity consulting divisions of AT&T with the resources obtained from the 2018 acquisition of AlienVault. McCullen highlights LevelBlues dedication to cybersecurity in contrast to AT&Ts emphasis on 5G and fibre. In addition to enabling LevelBlue to customise services and take advantage of market demand for enhanced security services, the move attempts to lower AT&Ts debt. Through collaborations and research, LevelBlue aims to strengthen its market position and tackle changing cybersecurity concerns. Read More..

B2B Tech News | 1 years ago          

Tata Elxsi and Arm Collaborate to Drive Innovation in Automotive Software Solutions

Combining forces, Tata Elxsi and Arm can provide automotive OEMs and Tier1s with stateoftheart solutions on the newest Arm processors, making the shif

Combining forces, Tata Elxsi and Arm can provide automotive OEMs and Tier1s with stateoftheart solutions on the newest Arm processors, making the shift to softwaredefined vehicles easier. Tata Elxsi presents its SDV solutions through Tata Elxsi AVENIR, a cloudbased software package that enables seamless application development, integration, testing, and deployment. Automotive designs are evolving towards SDV and highperformance computing. With the Tata Elxsi AVENIR, Arms Automotive Enhanced technology guarantees nextgeneration vehicle performance standards. The partnership seeks to shorten software development cycles through Arms efficiency and safety expertise. Automakers obtain a tested SDV framework by integrating Tata Elxsi AVENIR on Arm processors, which speeds up development and shortens timetomarket. Read More..

B2B Tech News | 1 years ago          

MediaTek Unveils Dimensity 9300+ A GameChanging Mobile Chip with Enhanced AI Processing

The Dimensity 9300+, a revolutionary mobile processor from MediaTek, promises remarkable performance and capabilities. More clock rates were used in t

The Dimensity 9300+, a revolutionary mobile processor from MediaTek, promises remarkable performance and capabilities. More clock rates were used in the chips engineering to speed up generative AI processing ondevice. It also provides more comprehensive support for Large Language Models LLMs and many improvements over its predecessor. Utilising the thirdgeneration TSMC 4nm technology and an inventive AllBigCore architecture, it has stateoftheart cores, such as the Arm CortexX4, that can operate up to 3.4 GHz. With cuttingedge gaming capabilities, including MediaTeks HyperEngine technology and hardware ray tracing, the Dimensity 9300+ offers unmatched gaming experiences. Photography fans will like its Imagiq 990 ISP, which makes it possible to take excellent pictures and videos even in dimly lit environments. With a 5G R16 modem that provides lightningfast downlink, communication is frictionless and supports a wide range of AI applications. Read More..

B2B Tech News | 1 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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