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Biogen
Technology

Biogen to Acquire Human Immunology Biosciences in $1.8 Bln Deal

Biotechnology Company Biogen, on Wednesday, announced an agreement to acquire Human Immunology Biosciences (HI-Bio) for $1.15 billion upfront and up to $650 million in potential milestone payments, boosting Biogen’s pipeline with targeted therapies for severe immune-mediated diseases. HI-Bio’s lead asset, Felzartamab, is a fully human anti-CD38 monoclonal antibody. Felzartamab depletes CD38+ cells, including plasma and […]

Dhivya Dharshini1 min read
IBM
Technology

IBM, Salesforce Expand Partnership to Boost AI

On Tuesday, IT services and Consultancy Company IBM, and Software development, Salesforce announced an expansion of their strategic partnership to drive the development of open and trusted AI and data ecosystems. The collaboration aims to empower businesses with AI technologies and comprehensive data management solutions, fostering innovation and growth. The enhanced relationship includes bidirectional data […]

Dhivya Dharshini1 min read
Qatar Airways
Technology

Qatar Airways Offers Visitors to Meet Human-Like AI Cabin Crew 

Qatar Airways, a global airline company, on Sunday, said it will participate in the Arabian Travel Market (ATM) Dubai 2024, and allow visitors to meet and engage with Sama 2.0, the second generation of the world’s first artificial intelligence (AI) powered digital cabin crew. In early March, the airline operator launched its holographic virtual cabin […]

Dhivya Dharshini1 min read
Dubai
Technology

Global AI, Blockchain Shows Outshine Dubai Rains

Following a resounding success, VAP Group is thrilled to announce the triumphant conclusion of the inaugural editions of the Global AI Show and the Global Blockchain Show, held on April 16 and 17, at Grand Hyatt, Dubai. The heavy rainfall that hit Dubai on Tuesday, earlier this week, most of the other events around the […]

btabloidEditor5 min read
Microsoft
Technology

Microsoft Launches Smaller AI Model Phi-3

Tech giant Microsoft, on Tuesday, launched a novel smaller AI model called Ph-3-mini aimed at enhancing efficiency and accessibility in artificial intelligence applications. The firm said Phi-3 models represent the pinnacle of small language models (SLMs), offering unparalleled capability and cost-effectiveness. They outperform comparable models in a range of language, reasoning, coding, and math benchmarks, Microsoft […]

Dhivya Dharshini1 min read
Microsoft
Technology

Microsoft, Coca-Cola Partners to Boost Cloud, GenAI Initiatives 

Global tech giant Microsoft signed a five-year partnership with Coca-Cola, to enhance the beverage company’s technology strategy with the adoption of its generative AI and cloud infrastructure. Various enterprises across the globe have been pacing up to introduce generative AI and the latest cloud technology in their workstations to ease the flow of tasks carried out and address the challenges in […]

Dhivya Dharshini1 min read
Musk
Technology

Musk-owned Tesla to Lay Off 10% of Its Workforce

Elon Musk-owned Tesla, on Wednesday, said the electronic vehicle manufacturer will lay off over 10% of its workforce in the first quarterly earnings call, with an aim to increase profitability and ultimately increase the scale of investment in artificial intelligence (AI). The company looks to lay off 6,020 employees in Texas and California with 3,332 jobs to be […]

R Swathi1 min read
Cognizant
Technology

Cognizant, Microsoft Partner to Expand Adoption of GenAI

Digital transformation service provider Cognizant and Microsoft expanded its partnership, on Monday, to make Microsoft’s generative artificial intelligence (GenAI) and Copilots available to its users. The firm said with this collaboration it looks to transform enterprise business operations, improve employee experiences, and accelerate cross-industry innovation. As part of the partnership, Cognizant said it purchased certain […]

Ritambhara Jha1 min read
Yango
Technology

Yango Launches Yango Drive, Digital Car Rental App

Tech-based firm Yango, on Monday, launched Yango Drive, a new digital car rental platform in Dubai which aims a convenient and eco-conscious car rental experience for riders as well as it aims to reshape the car rental industry. The firm said the application is a comprehensive car rental marketplace where selected car rental companies from […]

Dhivya Dharshini1 min read
Infosys
Technology

Infosys Acquire In-tech to Strengthen Footprint in Europe

Infosys, digital services and consulting company, on Thursday, acquired In-tech, automotive solution provider, by signing a definitive agreement to expand its footprints in Europe as well as bring innovation to the automotive industry. The Indian-based firm said this acquisition will enhance engineering research and development (R&D) capabilities. Additionally, the firm-added In-tech will bring marquee German […]

Ritambhara Jha1 min read