ACWA Power, a leading developer and operator of renewable energy projects, on Thursday, signed a pact to partner with the International Renewable Energy Agency (IRENA) for the improvement of the global transition towards clean energy. ACWA and IRENA will focus on developing key areas like green hydrogen, solar power, smart grids, and the water-energy nexus. […]
LTIMindtree, a technology consulting company, collaborated with Vodafone on Thursday, to offer connected and Smart IoT (Internet of Things) solutions, powered by its Insight NXT platform (iNXT) and Vodafone’s IoT Managed Connectivity that will enable Industry X.0 and digital transformation across multiple vertical sectors. The company said the iNXT Business Unit brings technical and functional […]
IBM, an IT services and consultancy company offered the availability of Meta Llama 3, the next generation of Meta’s open large language model (LLM), on its Watsonx artificial intelligence (AI) and analytics platform yesterday. Meta Llama 3 (Meta AI) is the latest build of accessible AI assistants, and an open-source LLM designed for developers, researchers, […]
Digital services and consulting company Infosys, on Wednesday, collaborated with Proximus a telecommunications company, on ServiceNow platform to transform its customer service management (CSM) operations. The company said it assisted Proximus in standardizing its existing procedures on the ServiceNow platform. The tech assistance company said it has replaced Proximus’ CSM operations with Infosys Cobalt, a […]
Cloud solutions provider Oracle Corp, on Wednesday, revealed the company will invest over $8 billion to feed the growing demand for cloud computing and artificial intelligence (AI) endeavours in Japan over the next decade. This substantial commitment underscores Oracle’s dedication to bolstering Japan’s digital transformation, said the company. The tech firm also said the investment […]
E-commerce giant Amazon, on Wednesday, said it will launch numerous small third-party Just Walk Out stores in 2024 than before, doubling the number of third-party outlets with technology this year. Dash Carts will soon be available at all Amazon Fresh stores in the United States and specific third-party outlets too, said the company and added, […]
Construction company Ambuja Cements, on Wednesday, said it achieved a significant milestone in its growth trajectory under the Adani portfolio with an additional investment of ₹8,339 crore ($998.3 million) in the warrants program. The construction firm said the company’s promoter raised its overall investment to ₹20,000 crore, which resulted in a 3.6% increase in Adani’s […]
Amazon-owned Amazon Music, on Wednesday, launched a new feature called Maestro, an AI playlist generator, which is currently rolling out in beta to a small number of customers in the US region on all tiers of Amazon Music. The tech giant said it looks to make the playlist generation process easier and fun with chatbot […]
Fintech operator BharatPe, on Tuesday, elevated Nalin Negi as Chief Executive Officer of the company, effective immediately. In August 2022, Negi joined BharatPe as Financial Chief of the company. Before which, he held senior positions with SBI Card, an institution launched by the State Bank of India and General Electric Capital. Overall, he has almost […]
Oversight Board, independent body overseeing AI-generated content on Meta platforms said it will evaluate the two cases on Tuesday, involving deepfake pornography circulated on Facebook and Instagram to review Meta’s policies. The Meta-funded firm said it will assess whether the company’s policies and its enforcement practices are effective at addressing explicit AI-generated imagery. Additionally, the […]
Auto ride-hailing app Namma Yatri launched Namma Cabs services in Bengaluru, on Tuesday, as it has been expanding with the growing users, to provide safety, service quality, and overall driver welfare. The homegrown app said it boasts cost optimization, with over 40 lakh consumers and 1.7 lakh drivers earning ₹300 crore ($358.20 million) commission-free. It […]
The Monetary Authority of Singapore (MAS)’s Managing Director Chia Der Jiun, in the Financing Asia’s Transition (FAST) Conference, highlighted the country’s investment raise of $5 billion towards the climate change action on Wednesday. In emphasizing the need for financing the climate change action, Jiun stated about the coordinated effort at both global and regional levels. […]
Space agency National Aeronautics and Space Administration (NASA), on Monday, said Switzerland became the 37th country to sign the Artemis Accords at NASA Headquarters in Washington affirming Switzerland’s commitment to the sustainable and beneficial use of space for all humankind. The Artemis Accords were established in 2020 in coordination with the U.S. Department of State, […]
Blockchain services Metaverse911 launched Metaverse Experience Center (MEC) in Noida, Uttar Pradesh on Tuesday, to redefine the way the industry learns and explores Immersive extended reality (XR) Technologies. In October 2023, Allied Market Research published a report with regard to the metaverse in the automotive industry, where it mentioned global metaverse in the automotive market […]
Indian conglomerate Jio Financial Services, on Monday, signed a 50-50 joint venture with global asset management firm, BlackRock Inc and BlackRock Advisors Singapore for setting up the wealth management and broking business in India. The company has informed National Stock Exchange (NSE) about the joint venture (JV), the newly launched collaboration is subject to regulatory […]
