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TCS and AWS Forge Strategic Partnership for Accelerated Cloud Transformation

Amazon Web Services AWS and Tata Consultancy Services TCS have teamed to accelerate clients cloud transition projects. Through this strategic partners

Amazon Web Services AWS and Tata Consultancy Services TCS have teamed to accelerate clients cloud transition projects. Through this strategic partnership, TCS can use AWS data and generative artificial intelligence technologies to support fullstack digital transformation. The partnership involves exploiting cloudnative capabilities, giving clients tools for contemporary architecture, enabling modernization at scale across various industries, including manufacturing, finance, and healthcare. AWS will also help TCS upskill 25,000 employees, guaranteeing creative solutions. This endeavour highlights the strengthening strategic alliance between TCS and AWS. It reaffirms its dedication to providing allinclusive cloud services, including migration, application modernization, and AIdriven solutions. Read More..

B2B Tech News | 1 years ago

CocaCola Inks $1.1 Billion Deal with Microsoft for Cloud Computing and AI Services

Microsoft said on Tuesday that CocaCola has agreed to use its cloud computing and artificial intelligence services under a fiveyear, $1.1 billion cont

Microsoft said on Tuesday that CocaCola has agreed to use its cloud computing and artificial intelligence services under a fiveyear, $1.1 billion contract. As part of the deal, users can construct chatbots and other AI services on Microsofts Azure cloud platform using technology from OpenAI, a Microsoftbacked firm that created ChatGPT. This will involve cooperative experimentation with Azure OpenAI. In 2020, CocaCola signed a $250 million, fiveyear contract to use Microsofts corporate and cloud services. Under the terms of the new deal, CocaCola will investigate Microsofts Copilot products to boost efficiency, including AI tools for generating business presentations and summarising email exchanges. CocaCola will also compete with Salesforce by increasing the use of Microsoft software for sales professionals, such as Dynamics 365. Microsoft did not disclose financial information about the distribution of the $1.1 billion. Read More..

B2B Tech News | 1 years ago

Luminar Technologies Unveils Halo Lidar Sensor, Partners with Applied Intuition for Automated Driving Testing

On Tuesday, Luminar Technologies announced the release of Halo, their newest lidar sensor, and a collaboration with car software provider Applied Intu

On Tuesday, Luminar Technologies announced the release of Halo, their newest lidar sensor, and a collaboration with car software provider Applied Intuition to help automakers test their assisteddriving systems. Through the partnership, Luminars lidar sensor models and Applied Intuitions sensor simulator will be integrated to provide solutions enabling precise testing and validation of Luminars LiDARbased software systems in virtual settings. Compared to its predecessors, the Halo sensor is smaller and more aesthetically pleasing, blending perfectly with the vehicles roofline or behind the windscreen. Along with this, Luminar stated that it had started shipping lidar sensors to Volvo Cars before the construction of the EX90 electric SUV, which is expected to be the first consumer car in the world to use this technology. Read More..

B2B Tech News | 1 years ago

Microsoft Unveils Phi3mini A Costeffective AI Model for Broader Accessibility

Microsoft has unveiled Phi3mini, a lightweight AI model designed to provide more affordable choices for a broader range of customers. Launching the fi

Microsoft has unveiled Phi3mini, a lightweight AI model designed to provide more affordable choices for a broader range of customers. Launching the first of Microsofts three Small Language Models SLMs underscores the companys dedication to a technology that has the potential to transform both the workplace and society completely. Microsofts VP of GenAI research, Sébastien Bubeck, emphasises how affordable Phi3 is—it costs ten times less than comparable models. SLMs are especially good for businesses with fewer resources because they are designed for smaller tasks. With optimisation for Nvidia GPUs, Phi3mini is now available on Hugging Face, Microsoft Azure, and Ollama, increasing its usability and accessibility. Microsoft is committed to developing AI capabilities, as seen by its recent collaborations and investments. Read More..

B2B Tech News | 1 years ago

Huawei Ventures into Electric Vehicle Sector with Qiankun Software Brand

Huawei has stated its ambitions in the electric car industry by launching Qiankun, a new software brand for intelligent driving. The company wants to

Huawei has stated its ambitions in the electric car industry by launching Qiankun, a new software brand for intelligent driving. The company wants to provide selfdriving systems with various parts, including audio and chassis for driving. Over ten automobile types that use Huaweis Qiankun system are expected to be on the market within a year, according to CEO Jin Yuzhi, and 500,000 vehicles using Huaweis selfdriving technology are anticipated by years end. Launched in 2019, Huaweis smart car division aims to become a significant supplier in the EV age, comparable to German behemoth Bosch. Seven EV vehicles, including the S9 sedan sold under the exclusive Stelato brand, have been revealed by the business in collaboration with other Chinese automakers. Read More..

B2B Tech News | 1 years ago

Apple Bolsters AI Arsenal with Acquisition of Datakalab, French Startup

Apple allegedly bought Datakalab, a cuttingedge business in Paris, France, to bolster its artificial intelligence capabilities. The acquisition of Dat

Apple allegedly bought Datakalab, a cuttingedge business in Paris, France, to bolster its artificial intelligence capabilities. The acquisition of Datakalab, a company that specialises in AI compression and cuttingedge computer vision technologies, was just made public by the French magazine Challenges, indicating that the sale was finalised in December. With a staff of ten to twenty, Datakalab concentrated on developing practical, lowpower deep learning algorithms for ondevice deployment. Their speciality was creating image analysis algorithms that prioritised privacy and measured traffic in public areas. Their adaptability and social influence were demonstrated through agreements with firms like Disney and collaborations with the French government. The strategic importance of the purchase, though not acknowledged by Apple, fits in with the companys upcoming iOS 18 and Vision Pro projects, which are expected to bring about breakthroughs in AI capabilities and vision technology across Read More..

B2B Tech News | 1 years ago

FPT and Nvidia Join Forces $200 Million AI Factory Set to Revolutionize Vietnams Tech Landscape

Leading IT companies in Vietnam, FPT and Nvidia, will build a $200 million artificial intelligence plant together. With an emphasis on generative AI a

Leading IT companies in Vietnam, FPT and Nvidia, will build a $200 million artificial intelligence plant together. With an emphasis on generative AI and autonomous driving technologies, this project seeks to promote AI research in Vietnam by utilising Nvidias graphics hardware and software. FPT Chairman Truong Gia Binh intended to take these factories outside Vietnam and into South Korea and Japan. The allencompassing strategic alliance between FPT and Nvidia indicates a dedication to promoting technical advancement. Nvidia has made over $250 million in investments in Vietnam, demonstrating its significant support for its growth. With a $5.5 billion market valuation, FPT is wellpositioned to consolidate its leadership in big data, cloud, and artificial intelligence services. Read More..

B2B Tech News | 1 years ago

Oracle Financial Services Unveils AIPowered Compliance Agent to Combat Money Laundering

An AIdriven cloud solution called Oracle Financial Services Compliance Agent was unveiled by Oracle Financial Services to help banks fight money laund

An AIdriven cloud solution called Oracle Financial Services Compliance Agent was unveiled by Oracle Financial Services to help banks fight money laundering. The technology does costeffective scenario testing to modify thresholds and controls, identify suspicious activity, and effectively satisfy compliance requirements in light of the predicted $5.05 trillion that will be laundered this year. Vice President of Oracles FSGIU Analytics Rajaram Vadapandeshwara emphasised how artificial intelligence may improve efforts to combat money laundering. Banks may evaluate and optimise transaction monitoring systems more profitably with the help of a Compliance Agent. This allows for proactive risk mitigation for highrisk typologies such as human trafficking, risk evaluation for new products, and evidencebased decisionmaking for risk modelling. The solution guarantees stringent regulatory adherence and thorough transaction monitoring by enabling banks to make evidencebased, costeffective, and time Read More..

B2B Tech News | 1 years ago

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