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LTIMindtree Partners with Eurolife FFH and Fairfax Digital Services to Establish Gen AI and Digital Hub in Athens

A Memorandum of Understanding MoU has been signed by LTIMindtree, Eurolife FFH, and Fairfax Digital Services to develop a groundbreaking Gen AI and Di

A Memorandum of Understanding MoU has been signed by LTIMindtree, Eurolife FFH, and Fairfax Digital Services to develop a groundbreaking Gen AI and Digital Hub in Athens, Greece, along with specialised facilities in Mumbai, India, and Poland. The presence of Greek Prime Minister Kyriakos Mitsotakis, Sudhir Chaturvedi, Alexandros Sarrigeorgiou, and Sanjay Tugnait ratified this historic agreement. The relationship aligns with Indias "Anusandhan" plan, which promotes research and innovation. Eurolife FFH will lead the Gen AI and Digital Hub in Athens by utilising the knowledge and experience of LTIMindtree from Mumbai and Poland. This programme aims to provide innovative solutions that will improve customer experience and operational efficiency across many sectors. While Sudhir Chaturvedi emphasised the strategic roadmap for transformational development, Alexandros Sarrigeorgiou emphasised the goal of innovation in the insurance industry. Sanjay Tugnait underscored the partnerships global Read More..

B2B Tech News | 2 months ago

Google Pauses AI Tool for Image Generation Amid Historical Inaccuracy Concerns

Due to discrepancies in some historical representations produced by the model, Google has chosen to suspend its AI tool for taking photos of individua

Due to discrepancies in some historical representations produced by the model, Google has chosen to suspend its AI tool for taking photos of individuals. This action is a part of Googles strategy to take on competitors such as Microsoft and OpenAI. After Google unveiled the Gemini AI models earlier this month, social media users criticised the models for producing historically incorrect photos. On Wednesday, Google made the halt announcement and admitted to the problem. This failure comes after an earlier instance in which Bard, Googles generative AI chatbot, disseminated false information on planetary photos. According to Jack Krawczyk, Senior Director of Product for Gemini at Google, the company wants to address historical idiosyncrasies and enhance the quality of its picturegenerating tool now that it is relaunched as Gemini. Read More..

B2B Tech News | 2 months ago

Verizon and Audi AG Collaborate on 5G Network Installation at Test Track in Germany

To test smart car technologies, Verizon and Audi AG are working to establish a 5G network at Audis exclusive test track in Neustadt, Germany. The proj

To test smart car technologies, Verizon and Audi AG are working to establish a 5G network at Audis exclusive test track in Neustadt, Germany. The project will evaluate technologies like autonomous mobility and vehicletocloud communications while simulating different driving and communication scenarios. Using Nokia hardware, AWS computing software, and realtime video and data transmission capabilities from Smart Mobile Labs, the course will imitate 5G networks. This collaboration aligns with the trend of manufacturers putting more data and software for safety, entertainment, and communication in their cars. According to TJ Fox of Verizon, the project would increase safety applications and give manufacturers valuable data to improve car safety, giving Audi a competitive edge by cutting testing time and expenses. Read More..

B2B Tech News | 2 months ago

Kaspersky Report 34% of Indian Users Faced Local Cybersecurity Threats in 2023

In 2023, 34% of Indian users encountered local cybersecurity risks, according to Kasperskys most recent study. Kaspersky products detected and stopped

In 2023, 34% of Indian users encountered local cybersecurity risks, according to Kasperskys most recent study. Kaspersky products detected and stopped 74,385,324 instances in this regard. IDC notes that even though Indias cybersecurity industry is valued at USD 6.06 billion, sophisticated foreign cyber attacks continue to pose an increasing concern. Jaydeep Singh, General Manager of Kaspersky for South Asia, emphasises the necessity for a robust cybersecurity strategy as digital connection grows. Update your devices, use strong passwords, be cautious when opening emails, activate twofactor authentication, and use reputable security solutions, according to Kasperskys advice. Some recommendations for organisations include regular patch updates, staff cybersecurity training, data backups, and multifactor authentication. The procedures are intended to reduce the likelihood of cyberattacks and protect confidential data. Read More..

B2B Tech News | 2 months ago

Tata Elxsi and Accuknox Partner to Enhance Network Transformation and Security

Tata Elxsi and Accuknox collaborate to integrate NEURON and NIMBUS, improving network security and transformation for selfgoverning networks. NEURONs

Tata Elxsi and Accuknox collaborate to integrate NEURON and NIMBUS, improving network security and transformation for selfgoverning networks. NEURONs Gen AIpowered telecom automation platform offers ingenious interfaces and AI algorithms. At the same time, NIMBUS delivers cloudnative security via intentdriven rules. This partnership reduces deployment complexity, guaranteeing secure 5G networks with inline mitigation and 6G readiness. Operators may quickly deploy cloudnative workloads since NEURON generates the essential intents for efficient operations. Efficient security orchestration and enforcement are made possible by the integrated solution, which is independent of the underlying networks. Tata Elxsis CTO, Rajagopalan Rajappa, emphasises that the partnership aims to reduce deployment complexity while maintaining security and resilience. AccuKnoxs cofounder and chief technology officer, Rahul Jadhav, outlines the companys objective to mitigate 5G deployment risks and provide uniqu Read More..

B2B Tech News | 2 months ago

AT&T Confirms Outage Affecting Calls and Texts Not Caused by Cyberattack

According to AT&T, hundreds of American customers calls and text messages were disrupted, but a hack did not cause the outage. Following an outage tha

According to AT&T, hundreds of American customers calls and text messages were disrupted, but a hack did not cause the outage. Following an outage that, at its height, affected over 70,000 users, the carrier restored cellular service for all affected clients. AT&T said an improper procedure utilised during network expansion was to blame for the outage. The event is being viewed by federal entities such as the FCC and the U.S. Cybersecurity and Infrastructure Security Agency. A spokeswoman for the White House said there was no sign of a security or cyber problem, but the FBI said it was keeping an eye on things. After the downtime, AT&T shares dropped 2.4%, and the cause is still being investigated. Other carriers like Verizon, TMobile, and UScellular reported limited problems. These disruptions may have been caused by consumers trying to connect to other networks. Read More..

B2B Tech News | 2 months ago

MercedesBenz Reports 12.6% Adjusted Return on Sales for Car Division in 2023

In its automotive segment, MercedesBenz revealed an adjusted return on sales for 2023 of 12.6%, which matched its projection. But the business predict

In its automotive segment, MercedesBenz revealed an adjusted return on sales for 2023 of 12.6%, which matched its projection. But the business predicts lower adjusted returns on sales in 2024—10–12% for automobiles and 12–14% for vans—than in 2015. This years adjusted returns on sales were 15.1%. Throughout 2023, sales were affected by supply chain interruptions, inflationary pressures, and pricing rivalry, which remarkably squeezed profits in the electric car market. Due in part to its policy of passing on higher costs to customers, MercedesBenz preserved its position as the best performer among Germanys three major automakers despite these difficulties. The premium carmaker raised R&D expenditures for upcoming innovations like the MB.OS platform and raised typical prices by 2%. Read More..

B2B Tech News | 2 months ago

Japanese Stocks Reach Historic Milestone, Surpassing Levels Last Seen in 1989

On Thursday, Japanese equities achieved a historic high, rising above levels last observed in 1989, the year of Japans economic bubble. The Nikkei sha

On Thursday, Japanese equities achieved a historic high, rising above levels last observed in 1989, the year of Japans economic bubble. The Nikkei share average broke its previous intraday high from more than three decades ago, rising to a new top of 39,156.97 points. This accomplishment heralds a new era for traders and investors after a 34year struggle to restore its footing. Japans stock market has outperformed expectations and drawn significant foreign investment despite obstacles, including recessions and geopolitical concerns worldwide. Corporate reforms, strong earnings, and prospects of further monetary policy assistance have driven the markets surge. In contrast to the frothy conditions of the 1980s, the revival of Japanese equities, driven by businesses such as Tokyo Electron and Fast Retailing, offers a more sustainable growth forecast. Read More..

B2B Tech News | 2 months ago

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