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Tata Consultancy Services (TCS), the multinational IT service provider, announced signing a new deal with US-based Xerox on Friday. This deal expands the strategic partnership between the two companies and will let TCS build a cloud-native and generative artificial intelligence (AI) led digital platform for Xerox. The Mumbai-based IT giant will also create a cloud-first
Infosys, the multinational IT giant, launched a new marketing suite for enterprises on Tuesday that will offer artificial intelligence (AI) analytics and other tools to maximise sales and improve repeat customers. The suite, dubbed Infosys Aster, is aimed at both business-to-business (B2B) and business-to-consumer (B2C) enterprises. It offers more than 400 assets and an ecosystem
Nvidia became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology. Shares of the chipmaker climbed 3.5 percent to $135.58, lifting its market capitalization to $3.335 trillion (roughly Rs. 2,78,15,901 crore), just days after overtaking iPhone maker
Shutterstock ImageAI, a generative artificial intelligence (AI) platform that allows users to generate images from text prompts, was announced last week. Shutterstock, the stock photos, videos, and music repository, and the data and AI firm Databricks collaborated to build the text-to-image AI platform. The company claims the platform is aimed at enterprises and adheres to
Luma AI launched its artificial intelligence (AI) text-to-video generation model, Dream Machine, globally on Wednesday. The platform can generate up to five-second-long videos from simple or descriptive text prompts. The AI model can generate videos in various styles such as cinematic, animation, realistic, and more. The AI firm claims that Dream Machine was trained entirely
Bewakoof, the popular Indian apparel brand, has collaborated with Google Cloud to bring the latter’s generative artificial intelligence (AI) and machine learning capabilities to its platform. The Indian brand unveiled the partnership at the Google Cloud Summit India, 2024. Bewakoof said it is using technologies such as Gemini AI to enable the creation of new
Stability AI on Wednesday released a smaller version of its Stable Diffusion 3 (SD3) artificial intelligence (AI) model. Dubbed Stable Diffusion 3 Medium, the company introduced the smaller text-to-image model as its most advanced image generation model. While retaining all the functionality of the larger generative AI model, the latest tool has lower GPU requirements
A joint venture between Reliance Industries’ Jio Platforms and Luxembourg-based SES to provide gigabit fibre internet has won approval from the Indian space regulator to operate satellites there, a government executive said. The three approvals issued to Orbit Connect India – which aims to provide satellite-based high-speed internet access – come as companies from Amazon.com
Wipro, the multinational IT services and consultation company, introduced the Lab45 AI platform on Tuesday. The artificial intelligence (AI) platform is an enterprise-focused suite aimed to help its clients gain higher efficiencies across business functions. It leverages generative AI, machine learning, and deep learning technologies to offer customised business solutions. The company has made the
TCS (Tata Consultancy Services), the multinational IT services firm, has launched WisdomNext, a generative artificial intelligence (AI) aggregation platform for enterprises. The IT giant’s latest AI platform is designed to let businesses run experimentations on various generative AI platforms used to help in better adoption, cost optimisation, and expanding the usage of Large Language Models
Initial public offerings of Walmart’s Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said. “This is something we’re looking at over the next couple of years,” Walmart’s executive vice president for corporate affairs, Dan Bartlett, said on the sidelines of the company’s shareholder meeting near its Bentonville,
Adobe announced the general availability of the Adobe Experience Platform (AEP) AI assistant on Thursday. The AEP is a customer experience management platform using which businesses can monitor and analyse customer data and execute marketing campaigns for their products and services. The platform’s AI assistant was first previewed at the Adobe Summit in March 2024