Meta initiated constructing AI-powered data center in El Paso, Texas, marking a milestone in its mission to propagate AI and transition towards superintelligence. This is the company’s 29th data center worldwide. This data center features a remarkable infrastructural investment, with the initial segment valued at over USD 1.5B. Once operation commences, the site will have close […]
Accenture acquired Decho, a UK-based AI and technology consultancy specializing in assisting businesses optimize through delivery, design, and bolstering of Palantir solutions. The move optimizes Accenture’s planned advisory and engineering forte in Palantir technologies. This strengthens its ability to help clients across the government, health, military, and commercial pockets in the UK and worldwide. Palantir’s […]
In a landmark moment for AI and space technology, NVIDIA founder and CEO Jensen Huang personally delivered the company’s newly launched DGX Spark system to SpaceX, coinciding with preparations for the 11th test flight of Starship, the world’s most powerful launch vehicle. The handoff took place amid rows of towering rocket engines and gleaming steel, […]
Investors are increasingly discussing the growing concern of a potential bubble forming within the major tech companies leading the artificial intelligence boom. The “Magnificent Seven” — Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta, and Tesla — now represent nearly 45% of the Nasdaq 100 Index. According to Impax Asset Management Group’s CEO, the firm is strategically […]
Gap Inc. has entered a multi-year partnership with Google Cloud to advance its human-centered, digitally enabled technology strategy, using AI to transform retail across its flagship brands, including Old Navy, Gap, Banana Republic, and Athleta. “AI is redefining what’s possible in retail, and we’re building our future technology roadmap around it,” said Sven Gerjets, Chief […]
Sapiens International Corporation, dealing in intelligent SaaS-based software solutions, has announced a strategic partnership with Linqura, a provider of sales and underwriting intelligence solutions for the commercial insurance sector. Through this collaboration, Sapiens’ clients gain access to an advanced Underwriting Advisor designed to simplify the complexities of commercial insurance, improve risk selection, and drive profitable […]
Oracle announced that Wipro Limited, an AI-driven technology services and consulting firm, has migrated its mission-critical Oracle databases, supporting payroll and recruitment systems, to Oracle Base Database Service on Oracle Cloud Infrastructure (OCI). This migration has improved recruitment system performance by over 50% and reduced payroll processing time by 60%. Wipro utilized Oracle Interconnect for […]
Datamonk, an agentic AI-powered platform that automates medical imaging data migrations, has raised a total of €1.6 million to tackle one of healthcare IT’s toughest challenges, cleaning and transferring decades of medical imaging data. The pre-seed round was co-led by Healthy. Capital and Nina Capital, with contributions from prominent angel investors such as Jeroen Tas […]
Black Box, a provider of advanced IT solutions known for its expertise in digital infrastructure, has announced a strategic partnership with Wind River, an Aptiv company that deals in intelligent edge software. The collaboration aims to deliver next-generation intelligent edge and private cloud solutions across industries such as industrial, manufacturing, retail, financial services, automotive, and […]
Kyndryl, a provider of mission-critical enterprise technology services, has announced new capabilities enhancing its Kyndryl Agentic AI Framework to accelerate large-scale AI adoption across industries. These upgrades feature a distinctive design process and a cutting-edge engagement methodology, empowering customers to move beyond limited proof-of-concept AI initiatives and implement scalable, AI-native solutions that enhance efficiency and […]
