IBM Reports Q2 Earnings
IBM last Wednesday, July 23, published information on its financial results for the second quarter of the current year, which exceeded analysts’ preliminary expectations.
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SK Hynix Posts Highest Quarterly Profit in 6 Years
SK Hynix, one of the largest chip manufacturers in the world, released information on Thursday, July 25, about the financial results of its activities in the second quarter of the current year.
Google Maps Gets AI Boost for Indian Roads
New AI model for Google Maps was designed specifically for Indian roads. It estimates road width using satellite imagery and Street View data to help drivers better navigate flyovers and narrow roads often met in India.
Vanta Raises $150 Million
Online security and compliance management platform Vanta on Wednesday, July 24, announced that it has managed to raise $150 million in investment funds as part of a new round of financing led by venture capital company Sequoia Capital.
Alphabet Profit Surges 29% in Q2 Despite AI Research Losses
Google’s parent company Alphabet saw significant profit growth notwithstanding the tremendous AI-related spending.
Meta Launches Biggest Llama 3 AI Model
Meta Platforms on Tuesday, July 23, presented its biggest artificial intelligence model called Llama 3.
Amazon Reportedly Plans to Launch Paid Tier of Alexa
The media reports that Amazon plans to launch a paid tier of Alexa this month.
Amazon Calls for Global Rules for Responsible AI
Amazon has stated that there is a need for global alignment of responsible measures in the artificial intelligence industry.
Wiz Reportedly Rejects Google Deal
Media reports that the startup Wiz, which specializes in developing solutions in the area of cloud security, rejected Google’s offer to buy this firm for $23 billion.
NatWest Banking App Available on Apple Vision Pro
NatWest is one of the first banking services providers to launch its app on Apple’s Vision Pro smart goggles.
AI Startup Cohere Reaches $5.5 Billion Value
Startup Cohere Inc., which operates in the area of artificial intelligence, is currently one of the most valuable AI companies in the world and one of the largest early-stage firms in Canada, but there are not many mentions of it in the media space compared to competitors from Silicon Valley, although there is a reason […]
Alphabet to Report Q2 Growth
It is expected that data on the second-quarterly revenue of Alphabet, the parent company of Google, will show an increase of 14% year-on-year, as reported by the media with reference to their own calculations and estimates of the interviewed experts.
India’s Unique Path to AI Leadership
India plays an important role in the global AI revolution. The country ranks among the global leaders in AI implementation, investments, and innovation. Here’s how India has achieved this prominent position and what its AI strategy has in store for the future.
Google Reportedly to Lead $250 Million Round by Mobile Startup Glance
The media reports that the Indian mobile content provider Glance is currently in active negotiations on raising capital as part of a funding round led by the current backer, which is Google.
Global IT Outage Highlights Fragility of Digital Infrastructure
A defective cybersecurity software update stalled the work of major global airlines, delivery companies, healthcare services and banks on Friday.
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