Nvidia Expands Its Activity in India
Nvidia on Thursday, October 24, announced many new partnerships with major Indian companies and launched a Hindi language model.
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Startup Hugging Face Seeks to Cut AI Costs
The Hugging Face startup on Wednesday, October 23, announced that it is releasing a new open-source software offering with Amazon.com, Alphabet’s Google, and others.
Morgan Stanley Expands OpenAI-Powered Chatbot Tools to Wall Street Division
Morgan Stanley is expanding the practice of using artificial intelligence tools powered by OpenAI technology in its investment banking and trading unit.
Perplexity AI Reportedly Aims to Raise $500 Million
Media reports that artificial intelligence search company Perplexity AI plans to raise investment funds for about $500 million as part of a new round of financing.
IBM Releases New AI Models for Businesses
IBM on Monday, October 21, presented the latest version of its artificial intelligence models aimed at businesses.
Microsoft to Launch New Autonomous AI Agents
Microsoft will next month provide businesses with the opportunity to make their own autonomous artificial intelligence agents.
Visa and Analytic Partners Join Efforts to Transform Commercial Analytics
Visa and Analytic Partners, a global analytics solution provider, entered a multi-year strategic partnership to address commercial challenges merchants and brands face with AI-driven data analytics.
Meta Releases Self-Taught Evaluator
Meta on Friday, October 18, announced that it has released a batch of new artificial intelligence models from its research unit.
TSMC Reports Q3 Earnings
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chip maker, has bet on maintaining its steady growth against the background of the results of operations for the third quarter of the current year, which testified that this firm is one of the beneficiaries of the so-called artificial intelligence boom.
Mistral AI Releases New Products
The French startup Mistral AI presented its first models of generative artificial intelligence designed to function on such devices as laptops and smartphones.
Mastercard Expands Tech Hub Ecosystem With New Campus in India
Mastercard Pune tech hub in India will focus on areas like cybersecurity, data analytics, and AI-driven solutions and play a key role in supporting Mastercard’s global operations and enhancing its digital infrastructure.
Swift Introduces AI Fraud Detection for Cross-Border Payments
SWIFT network is to launch an AI-powered solution to bolster fraud detection in cross-border payments, analyze vast amounts of real-time payment data, and mitigate risks.
Adobe Rolls Out New AI Model to Generate Video
Adobe has presented an artificial intelligence model that can use text prompts to generate videos.
AI-Powered Robotics Startup Perceptyne Gets $3 Million Funding to Promote Electronic Manufacturing in India
Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.
Google to Leverage Nuclear Power for AI Development
Global tech leader Google partnered with US-based nuclear energy company Kairos Power to purchase atomic energy from its multiple small modular reactors (SMR) and support the development of AI technologies.
How Cross-Border Payment Inefficiencies Hinder Business Growth
Companies that export goods and services across borders are statistically outperforming companies that limit their business operations to domestic territories. However, cross-border payments are still not handled in the most effective way. Therefore, businesses dealing with international trade often suffer from payment inefficiencies. To what extent are they able to hinder business growth?
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