Topic
500 stories
Renewable Energy Semiconductor Manufacturer, Newrizon, on Friday, has signed a dealership agreement and intent purchase order with motor vehicle manufacturer, Al Yemni Group in Riyadh. The agreement appoints Al Yemni Group as Newrizon’s exclusive dealer for its electric truck lineup in the GCC region. This partnership comes as GCC countries like Saudi Arabia, the UAE, […]
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 […]
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 […]
16 May 2024, Mumbai: The 11th global edition of the World CX Summit & Awards, organised by Trescon, returns to India on 22nd May 2024 at the Leela, in Mumbai. With more than 350 CX leaders, top technology mavens, and innovators confirmed, the event serves as a crucial terminal in India’s digitization roadmap. This summit […]
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 […]
Japanese electronics company Sharp said it is planning an investment of $3 billion to $5 billion to establish a display fabrication unit in India, reported the Times of India on Saturday. The proposed 1,000-acre plant will fill the need for exports and domestic production, serving as a global manufacturing hub, added the news report. The […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
