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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

Meta Platforms to Share Horizon OS with Rival Manufacturers for VR Headsets

According to a recent announcement by Meta Platforms, Microsoft and other competing device makers will now have access to the Quest headsets operating

According to a recent announcement by Meta Platforms, Microsoft and other competing device makers will now have access to the Quest headsets operating system, Meta Horizon OS. With this action, Meta hopes to strengthen its position in the rapidly developing virtual and mixedreality markets. Spatial anchoring, scene understanding, and gesture recognition are just a few of the features that Meta Horizon OS provides. With the help of this operating system, partner businesses like Asus and Lenovo will create customised headsets for various uses, including productivity, entertainment, and gaming. Mark Zuckerberg, the CEO of Meta, wants to position Meta Horizon OS—similar to Googles Android operating system for smartphones—as the computational foundation for VR and MR devices. Despite competition from Apple and Google, Meta is establishing itself as a frontrunner in this field by prioritising transparency and cooperation with other tech giants like Microsoft. Read More..

B2B Tech News | 1 years ago

Redfox Security Ventures into Indian Market, Spearheading Cybersecurity Innovation

Under the inspiring direction of Karan Patel, Redfox Security, a company wellknown for its cuttingedge penetration testing services, is making inroads

Under the inspiring direction of Karan Patel, Redfox Security, a company wellknown for its cuttingedge penetration testing services, is making inroads into the Indian industry. Redfox wants to completely transform Indias cybersecurity market by using a proactive strategy and cuttingedge training programmes. Their virtual training programmes, live conferences, and online school are creating the future of cybersecurity and altering industry norms. Redfox is a penetration testing specialist that works with companies of all sizes. To guarantee reliable findings, the company uses a manual, researchintensive process. Targeting important industries like banking, healthcare, and government, Redfox intends to use its experience to protect institutions throughout India. Redfox is positioned to rise to prominence in cybersecurity because of its dedication to talent development and international growth. Read More..

B2B Tech News | 1 years ago

Pegasystems Introduces GenAI Coach AIPowered Mentor Embedded in Workflows

Pegasystems has introduced Pega GenAI Coach, a mentordriven by generative AI integrated into Pega products and helps customers achieve their goals. In

Pegasystems has introduced Pega GenAI Coach, a mentordriven by generative AI integrated into Pega products and helps customers achieve their goals. In contrast to disjointed AI solutions, GenAI Coach effortlessly integrates into processes, contextually analysing data to provide customised recommendations. Supervisors learn how their team is performing, and staff members get tailored guidance on overcoming challenges and increasing output. Coaches may be set up to support company goals, improve the sales forces productivity, simplify backoffice processes, and accelerate medical claims processing. Based on the Pega GenAI architecture, Coach guarantees enterprisegrade audibility, security, and interaction with Pegas AI capabilities, promoting efficient and wellinformed decisionmaking throughout intricate processes. The Chief Product Officer of Pega, Kerim Akgonul, claims that GenAI Coach increases productivity and decisionmaking by enabling staff members to obtain excellent advice swiftly Read More..

B2B Tech News | 1 years ago

Akamai and NVIDIA Collaborate to Revolutionize Media Processing with New GPUPowered Service

Akamai Technologies has unveiled a new mediafocused solution that uses NVIDIA GPUs to improve the productivity and costeffectiveness of the media and

Akamai Technologies has unveiled a new mediafocused solution that uses NVIDIA GPUs to improve the productivity and costeffectiveness of the media and entertainment sector. The cloudbased solution, driven by the NVIDIA RTX 4000 Ada Generation GPU, solves common workload issues for streaming service providers by processing video footage 25 times faster than conventional CPUbased techniques. It helps businesses to utilise Akamais global edge platform, construct scalable infrastructures, and deploy quicker, more dependable workloads. The solution all catered to mediaspecific tasks such as live streaming, VR/AR content rendering, data analysis, scientific computing, gaming, and highperformance computing. With an emphasis on optimising GPUs for the media sector, Akamai offers a customised solution that improves speed and efficiency for various use cases. Read More..

B2B Tech News | 1 years ago

Vodafone and LTIMindtree Collaborate to Drive Digital Transformation with IoT

LTIMindtree offers linked solutions for Industry X.0 and digital transformation in collaboration with Vodafone, a pioneer in managed Internet of Thing

LTIMindtree offers linked solutions for Industry X.0 and digital transformation in collaboration with Vodafone, a pioneer in managed Internet of Things IoT. With the help of Vodafones IoT Managed Connectivity and LTIMindtrees iNXT platform, the partnership seeks to solve challenging business problems in several industries. The cooperation aims to enhance revenue growth, cost efficiency, and sustainability using AI, machine learning, predictive maintenance, and other sophisticated capabilities. Gemma Barsby, the UK Head of IoT at Vodafone, emphasises the potential for enhanced productivity and realtime IoT managed services delivery. The Chief Business Officer of LTIMindtree, Monish Mishra, highlights the value of ongoing innovation in the current economic climate and anticipates working with Vodafone to accelerate industrial digital transformation. 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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