Taiwan’s UMC Ends Merger Rumors With GlobalFoundries

By Rajpalsinh Parmar | April 1, 2025

Taiwanese semiconductor manufacturer United Microelectronics Corporation (UMC) has denied rumors of merger discussions with GlobalFoundries, which is a U.S.-based contract chipmaker. This report puts on pause to ongoing buzz in the market about a potential deal between two companies amid ongoing geopolitical turbulence in the semiconductor industry. According to the report by Nikkei Asia on Monday, two companies had explored a merger as part of U.S. plans to strengthen its semiconductor supply chain. However, UMC refuted these claims the next day, stating via United Daily News that it would not comment on market rumors, saying, “there is no merger going […]

Samsung Galaxy S25 Arrives with AI-Powered Innovation and Enhanced Features

By Arshiya Kunwar | February 7, 2025

Korea – Samsung Electronics declared that the global launch of the Galaxy S25 series has been completed, enabling the latest in AI-powered features and optimized hardware. With One UI 7, Samsung’s new flagship smartphones now feature Gemini AI, available in 46 languages, enabling seamless multimodal interactions across Samsung and Google apps. “The Galaxy S25 series is a fundamental shift in how we interact with our phones,” said TM Roh, President and Head of Mobile eXperience Business at Samsung Electronics. “We are thrilled to see how our users will enjoy this true AI companion that offers seamless and intuitive solutions in […]

Samsung Unveils AI-Powered Interactive Display at Bett 2025

By Arshiya Kunwar | February 7, 2025

Samsung Electronics made its foray into the Bett 2025, Europe’s largest exhibition for educational technology, by showcasing an AI-powered Interactive Display (WAFX-P model). The display integrates Samsung AI Assistant to create interactive, engaging, and collaborative learning environments. “Samsung envisions a future where every classroom benefits from the transformative power of AI. By integrating advanced tools like generative AI and real-time transcription into our classroom displays with Samsung AI Assistant, we are not just enhancing learning — we are revolutionizing it,” said Hoon Chung, Executive Vice President of the Visual Display Business at Samsung Electronics. “We are committed to creating technology […]

Samsung Releases 6G White Paper Emphasizing AI Integration

By Arshiya Kunwar | February 6, 2025

Seoul – Samsung Electronics has come out with a 6G white paper titled “AI-Native & Sustainable Communication,” sharing the latest trends in next-generation mobile communication technologies. This publication follows their very first white paper on 6G titled “The Next Hyper-Connected Experience for All,” which appeared in July 2020. The paper lays out the changing market and technology needs, new emerging services, 6G key characteristics, and enabling technologies. “We are intensifying our 6G research efforts, focusing on AI-enabled communication technologies and sustainable networks,” said Charlie Zhang, Senior Vice President of Advanced Communications Research Center (ACRC), Samsung Research. “As the telecommunication industry […]

OpenAI and CSU Partner for Nationwide AI Education Expansion

By Arshiya Kunwar | February 5, 2025

California – In a move that heralds unprecedented development in AI education initiatives, California State University has announced a systemwide deployment of ChatGPT Edu, OpenAI’s generative AI engine for universities. This rollout provides AI learning tools to over 460,000 students and 63,000 faculty and staff across 23 campuses, making it the largest implementation worldwide of ChatGPT technology. For CSU, this rollout is part of a grand vision of evolving into an AI university system in association with some of the major tech vendors, such as OpenAI, Adobe, Google, AWS, IBM, Intel, Microsoft, NVIDIA, Instructure, and LinkedIn. In the coming weeks, […]

UK Initiates AI Trial to Enhance Breast Cancer Detection

By Arshiya Kunwar | February 4, 2025

London – The UK government has announced an extensive trial involving nearly 700,000 women to evaluate the effectiveness of artificial intelligence in the early detection of breast cancer. With £11 million funding from the National Institute for Health and Care Research (NIHR), this initiative will see the integration of AI into 30 NHS breast screening sites across the UK. AI tools assess mammograms for possible signs of cancer and improve the efficiency of the screening process by assisting radiologists. As of now, each screening is carried out by two specialists; with AI, that number would be one, allowing the redeployment […]

OpenAI, SoftBank Launch ‘Cristal Intelligence’ for Enterprises

By Arshiya Kunwar | February 4, 2025

Tokyo – SoftBank Group and OpenAI have come together to jointly develop and commercialize ‘Cristal Intelligence,’ an advanced enterprise AI system designed to integrate securely with business operations. SoftBank will invest $3 billion a year in the deployment of OpenAI solutions across its group companies, including Arm and SoftBank Corp. Masayoshi Son, Chairman & CEO of SoftBank Group Corp., said, “We are thrilled to bring Cristal intelligence, Advanced Enterprise AI that is customized specifically for each company, to the market in a big way. This initiative will not only transform the way SoftBank Group operates but also revolutionize the way […]

OpenAI Unveils ‘Deep Research’ Agent for Advanced Online Analysis

By Arshiya Kunwar | February 3, 2025

Deep Research, the most recent addition to OpenAI’s catalog and an advanced AI agent, aims to automatically execute multi-step internet research by collating vast amounts of online information into one comprehensive report. The new feature, which is now available for Pro users and will soon be available for Plus and Team subscribers, aims to speed up complex research across a myriad of fields, including finance and engineering. Deep Research runs on an optimized version of the next OpenAI o3 model and performs analysis and interpretation of data from possibly hundreds of sources in an autonomous manner. It applies reasoning techniques […]

KRAFTON Unveils Revolutionary AI-Powered Co-Playable Character at CES 2025

By ToAI Team | January 9, 2025

The PUBG and other prominent games’ developer from South Korea, called KRAFTON has now immersed itself into the future of video games. They unveiled their new innovative idea known as Co-Playable Character {CPC} at the Consumer Electronics Show CES 2025 in Las Vegas. This innovative NPC created in partnership with NVIDIA and based on generative AI is a breakthrough for the video gaming industry. KRAFTON and NVIDIA cooperated and on January 8th it revealed advanced technology at the largest IT show in the world at Fontainebleau Hotel. NVIDIA ACE (Avatar Cloud Engine), On which this partnership resides also includes some […]

NVIDIA Revolutionizes PCs with RTX AI Garage & GeForce RTX 50 Series

By ToAI Team | January 9, 2025

Once again, NVIDIA has come up with extraordinary developments in the realm of technology. Recent activities include producing the RTX AI Garage series and unveiling the exceedingly resistant GeForce RTX 50 Series GPUs at CES today. All these fantastic achievements are aimed at a single objective of changing how generative AI is used by developers, PC enthusiasts, and creators. It looks like RTX AI Garage series is going to become the primary platform for the developers and computer lovers, who would want to explore the NIM microservices and AI Blueprints by NVIDIA. These strong tools enable the growth of a […]

world foundation models with advancing physical ai development

NVIDIA Advances Physical AI Development with World Foundation Models

By ToAI Team | January 8, 2025

NVIDIA has recently achieved a historic step related to the adoption of artificial intelligence into sensible uses. Recently, they have introduced their new prototype named World Foundation Models (WFMs), which is the further development of such systems. These complex neural networks possess the capability to synthesize realistic physical worlds, which makes them instrumental in enhancing tangible AI facilities like robotic systems and autonomous vehicles. This evolution is a significant breakthrough in developing AI technology and its practical application in our society. Recently, WFM technology’s possibility was revealed on the NVIDIA AI Podcast through Ming-Yu Liu, an IEEE Fellow and vice […]

Google Cloud Expands Global Support for Startups with New Accelerator Partnerships

By ToAI Team | January 8, 2025

Google Cloud has made significant efforts towards aiding startups through growing the partnerships together with accelerators, incubators, and investors at a global level. It seeks to offer relevant resources, tips from successful role models, and experts to assist startups achieve their goals in the saturated market of today. And within four years, Google Cloud has partnered with over 300 accelerators and helped thousands of startups and more than 3,000 founders globally by providing expertise in technology, AI tools, and funding opportunities. This week, Google Cloud has revealed its latest collaborations with three top accelerators: Berkeley SkyDeck, Upekkha and UnternehmerTUM. By […]

Scientists Discover Luminescent Nanocrystals That Could Revolutionize AI and Data Processing

By ToAI Team | January 7, 2025

A group of scientists has found a breakthrough in the sphere of artificial intelligence and data analysis with the help of an expert from Oregon State University. Submitted by a team of scientists, these nanoparticles exhibit the ability to rapidly switch between a state of emitting light and a state of darkness. This development has the potential to produce faster and more eco-friendly computing systems. Based on the research published in Nature Photonics, the scientists have discovered a new phenomenon related to special type of materials called avalanching nanoparticles. These minuscule particles have amazing optical properties and are very suitable […]

NVIDIA Launches Cosmos Platform to Revolutionize Physical AI Development

By ToAI Team | January 7, 2025

NVIDIA has recently launched Cosmos, a cutting edge platform that is equally as designed to advance the progression of physical AI technologies such as robots and self-driving cars. Announced at CES, this platform presents seven world foundation models (WFMs) which are neural networks capable of predicting and generating physics-aware realistic avatars of digital spaces. These WFMs have been built for a sole purpose, to help the developers to train, test and optimize their AI systems to the best possible precision possible. Today, WFMs are gradually turning into indispensable tools in physical AI construction, like large language models for prosaic language […]

Digital Transformation Drives Vietnam’s Tourism Boom

By ToAI Team | December 30, 2024

Vietnam is proactively playing an active part in the digitalization of the tourism industry in the country as it has an advanced digital platform and a high level of internet penetration that aids in making the tour incredible for thousands of visitors. Having 78 million internet users and 73.3% of the population active on social media, Vietnam provides an environment suitable for technological development in the field of tourism. Being one of the most promising digital markets in ASEAN, Vietnam is launching key initiatives with the support of state foundations and key stakeholders in the field of tourism. The advancements […]

Stable Diffusion 3.5 Launches on Amazon Bedrock for AI Innovation

By ToAI Team | December 20, 2024

Stable Diffusion 3.5 Large, an innovative model that generates images based on the input text, is now available on Amazon Bedrock. This is a new version in generative AI as coders are able to receive quality image generation kits available in AWS. Its adoption will be observed to transform how organizations and developers manage creative endeavors, from creating impressive images to creating incredible experiences. Stable Diffusion 3.5 Large continues the development of its previous versions positively and enhances the performance of generating images based on textual descriptions. This model does well in its operation as it gives a high image […]

Medicrew Launches VR Medical Training Platform for Growth

By ToAI Team | November 29, 2024

November 29, 2024 – A very recent development in the global healthcare sector is Medicrew, a digital platform that will revolutionize the medical sector by improving and restructuring the medical service delivery system, fostering inter-professional relationships, and promoting mutual cooperation. It provides a valuable ground for efficient communication between healthcare providers, patients, and institutions, as well as effective management of medical processes. Medicrew is well-equipped to revolutionize the healthcare sector by properly using tech features and user-oriented design. An easy-to-use interface provides access to a range of services that are relevant to users’ needs. Apart from fixing an appointment with […]

Tech Mahindra and AWS Transform Telecom Networks with AI

By ToAI Team | November 28, 2024

Tech Mahindra, a technological and digital transformation company, has recently inked a massive deal with a cloud giant, Amazon Web Services. The collaboration, announced in a recent press release, involves the creation of an enhanced Autonomous Networks Operations Platform (ANOP) that integrates emerging technologies such as AI, ML, and generative AI services based on AWS. This also seeks to reboot how CSPs (Communication Service Providers) and enterprises monitor and optimize their networks. The partnership represents a new age in how the telecom industry will manage its networks. ANOP has shifted from the on-premises model to a hybrid-cloud platform that provides […]

LG and Nokia Arena Set AI Milestone in Smart City Innovation

By Savio Jacob | November 27, 2024

November 27, 2024 – Seoul, South Korea- LG and Nokia Arena have set a new benchmark in digital transformation by winning the prestigious 2024 Seoul Smart City Prize in the Human-CentriCity category. Their groundbreaking collaboration integrates AI-driven LED signage and smart technology across the multi-leisure complex in Tampere, Finland, redefining visitor experiences in public venues. The centerpiece of this innovation is LG’s state-of-the-art digital signage, covering 1,245 square meters of the arena. The system includes 456 units of advanced monitor signage, an immersive 180-square-meter LED cube, and a 550-meter Outdoor Ribbon Board, all powered by AI to optimize content display […]

Samsung Electronics Announces Strategic Leadership Restructure

By Savio Jacob | November 27, 2024

November 27, 2024, Seoul, South Korea- Samsung Electronics has today introduced a fresh approach on its leadership which is expected to make the management of the semiconductor business and innovation an easy task. Vice Chairman Young Hyun Jun, already the Head of the Device Solutions (DS) Division, will add the memory business in addition to the Samsung Advanced Institute of Technology to his responsibilities. Jinman Han was made President and Head of the Foundry Business, and Seok Woo Nam will be President and Chief Technology Officer for the Foundry Business, which has been newly established. It is also of great […]

TCS Renews SPARSH Deal to Enhance Defence Pension Systems

By Savio Jacob | November 26, 2024

MUMBAI, INDIA | NOVEMBER 26, 2024-Tata Consultancy Services (TCS) has broadened the scope of collaboration with SPARSH (System for Pension Administration – Raksha) – the digital pension solution launched for defense personnel in India – by three more years. The scheme in its present form has more than 30 lakh pension beneficiaries and ensures the efficiency of disbursements in the most transparent manner. Since its commencement in 2020, SPARSH has practically halved the average processing time of a pension application from 12 – 18 months to just 14 days. Initial pension disbursements now have a turnaround time of five to […]

SKF Advances Green Transition with €430M Loan

By Savio Jacob | November 22, 2024

GOTHENBURG, Sweden, November 22, 2024- Swedish company SKF has secured 430 million euros of funding with the European Investment Bank (EIB) to expand its operations in research and development (R&D) in high-growth technologies that are sustainable. The long-term loan with a duration of ten years shall facilitate the expansion of the innovation initiatives of SKF with a specific emphasis on lowering environmental footprints and accelerating the EU’s transition to a more sustainable economy. “The financing supplements our strategy to design state-of-the-art construction solutions based on environmental protection principles. It is important to develop new solutions, new technologies,” Said the President […]

Samsung Showcases Galaxy Watch Ultra’s Durability with Navy Collaboration

By Savio Jacob | November 22, 2024

November 22, 2024, Lima, Peru-Samsung Electronics’ Galaxy Watch Ultra has achieved one more check on its list of hard tests, while also finding itself enduring the Peruvian Navy’s Special Operations Course, which is viewed as one of the strongest military assessments in any country across the globe. Technological influencer Phillip Chu Joy collaborated with Samsung to showcase the smartwatch as well as its innovative capabilities in extreme conditions. The Galaxy Watch Ultra also withstood the challenges of water, sand, and mud due to its Grade 41 titanium frame, shock resistant MIL-STD-810H2, as well as being rated at 10atm waterproof level. […]

UAE expands 5G network with Ericsson dual-band radios to boost network performance

e& UAE, Ericsson Double 5G Capacity with New Dual-Band MIMO Radio

By Savio Jacob | November 13, 2024

November 13, 2024, UAE –Ericsson and e& UAE have launched the AIR 3229 dual-band Massive MIMO radio, the first of its kind in the region which enhances 5G network deployment through increased capacity and performance and at the same time supports e& UAE Environmental Goals. This radio allows operation at both the 2600MHz and 3500MHz built-in high-capacity 5G sites which together increases net radio capacity and the number of sites by 100 percent. This modern solution improves the quality of networks by 20%, and cuts energy usage while cutting down on the loading on the towers by 25%. The new […]

IBM Japan Enhances Financial DSP with BI Feature Using MotionBoard

By Savio Jacob | November 13, 2024

November 13, 2024 – Tokyo, Japan-IBM Japan, and WingArc1st have announced a new Business Intelligence (BI) tool incorporated in the Digital Service Platform for Financial Services (DSP), integrating data analytics and visualization for more than thirty financial institutions. This integration, made possible through WingArc1st’s MotionBoard, allows cohesive data gathering, interpretation, and reporting to banks which improve customers’ knowledge without data scientists being present within the organization. The DSP platform allows financial institutions to combine ancient bookkeeping records with contemporary electronic databases so that data-intensive processes for better-focused marketing are easier. As we all understand the importance of great BI, one […]

Toshiba Unveils High-Efficiency SiC MOSFET for Automotive Traction

By Savio Jacob | November 12, 2024

KAWASAKI, Japan, 12 November 2024 – Toshiba Electronic Devices & Storage Corporation has announced that it has commenced the shipment of test samples of its X5M007E120 SiC MOSFET. This particular model has been designed specifically for automotive traction inverters. The new technology is stated to have a 1200V with low on-resistance which is quite beneficial for enhancing the efficiency and life of electric vehicle (EV) applications. The specific design of the SiC MOSFET utilizes Schottky barrier diodes (SBDs) which are embedded in the device’s structure, arranged in a specially-designed check-pattern for reduced resistance and reliability in harsher operating conditions. This […]

SunCar Technology and Wuhan JIDU Join Forces to Revolutionize Auto Insurance

SunCar and JIDU’s New Platform to Revolutionize Digital Auto Insurance in China

By Savio Jacob | November 11, 2024

NEW YORK, November. 11, 2024 — SunCar Technology Group Inc. (NASDAQ: SDA), delivers unique services of e-insurance and auto services via the cloud. The company has teamed up with Wuhan JIDU Automobile Service Co. LTD., which is recognized in China’s intelligent vehicle industry. Together they intend to implement an AI-based insurance platform, which is being designed to ensure better insurance services for the growing number of customers at Wuhan JIDU. The platform will consist of virtual and paperless insurance that offers quoting, issuance, and management of policies and claims using big data technology. The project, which will make use of […]

UAE’s e& and Ericsson Forge Alliance to Explore 6G Technology

By Savio Jacob | November 11, 2024

November 11, 2024, Abu Dhabi, UAE-e & Emirates Telecommunications and Ericsson have formally agreed and signed the memorandum of understanding for the Collaborative exploration of the 6G technology. This announcement made today seeks to address a set of needs namely possible applications of 6G technology and the development of joint research and technical discussions Towards the future of mobile networks. Since 6G is anticipated to change the paradigm of connectivity around the world by integrating the tangible and the digital, this partnership helps place UAE as one of the spearheads in the emerging 6G environment. The partnership will enable both […]

UK Businesses Set Global Benchmark for Social Impact, Reports Benevity

By Savio Jacob | November 8, 2024

LONDON – November 8, 2024:s Benevy Inc., a CSR solution provider, notes that corporations in the UK are undertaking an increasing number of CSR activities. The data, which was made public during the Benevity Forum London, explains that businesses in the UK are leading in terms of social responsibility, and volunteering and CSR engagement rates are increasing at a faster pace than the world average. Such positive changes are caused by wider participation of employees in volunteering and giving programs and an increased emphasis on tangible community impact. According to the report, State of Corporate Purpose 2024, which is already […]

STMicroelectronics Secures Long-Term Solar Power Agreement with ENGIE in Malaysia

By Savio Jacob | November 7, 2024

November 7, 2024, Geneva (Switzerland), Kuala Lumpur (Malaysia) – STMicroelectronics (NYSE: STM), one of the key players in the semiconductor market, has signed a Power Purchase Agreement (PPA) with BKH Solar Sdn Bhd which is a joint venture company formed by ENGIE Renewable SEA Pte Ltd (ENGIE) and Conextone Energy Sdn Bhd for 21 years. Under the contract, STMicroelectronics will be supplied with approximately 50 GWh of renewable energy per year from a new solar plant in Kedah, Malaysia to expand ST’s sustainable approach and reach its carbon target by 2027. Engie is planning to deliver the first energy to […]

Renesas Electronics Announces Key Leadership Changes for AI-Driven Customer Experience

By Savio Jacob | November 6, 2024

TOKYO, Japan, November 6, 2024 – Renesas Electronics Corporation has today announced an overhaul of its senior management as part of its strategy which seeks to use artificial intelligence in all of its operations, with effect from January 1, 2025. The semiconductor technology leader will create a separate User Experience (UX) unit as it seeks to utilize technology to enhance service delivery and improve its digital offerings. Julie Pope currently serves as Senior Vice President and Chief Human Resources Officer. She will now lead the new UX organization dealing with AI-enhanced web services marketing and systems solution areas. In a […]

Almarai Joins Forces with Google Cloud for Major Digital Overhaul

By Savio Jacob | November 5, 2024

Riyadh, Saudi Arabia, November 5, 2024 – The world’s largest dairy company that is working within itself called Almarai has recently signed a partnership with Google Cloud. As a part of the strategic intent to respond to the increasing demands of consumers and competition within the market in the Middle East, Almarai will be able to improve its operations, foster innovative ideas, and enhance its experience for its customers. Almarai is targeting to move its core applications to Google Cloud and shift its SAP workloads through SAP RISE as well as its sales applications into the cloud because it is […]

LG Grows R&D Workforce in Vietnam for Global Innovation

By Savio Jacob | November 5, 2024

SEOUL, November 5, 2024 — LG Electronics (LG) is increasing its research and development (R&D) efforts in Vietnam, ensuring its advancement in technology solutions focusing on vehicles’ parts and components and home appliances as well as the webOS platform. The Extended program spearheaded by LG Electronics Development Vietnam (LGEDV) comes to enhance Vietnam’s rapidly growing tech savage development as support for global solutions. Since LG decided to be a part of the R&D culture by establishing a branch in Hanoi in 2016, the company has been able to grow and also opened offices in Haiphong and Da Nang, which brought […]

Vodafone Business IoT to Provide Global Connectivity for the Oracle Enterprise Communications Platform

Vodafone Expands IoT Partnership with Oracle for Global Connectivity

By Savio Jacob | November 5, 2024

Nov 5, 2024, Oracle Communications Summit, Paris, France-Vodafone Business IoT has forged a strategic partnership with Oracle which will strengthen the global IoT connectivity capabilities for the Oracle Enterprise Communications Platform (ECP). The deployment of this integration, enabled by Oracle’s Cloud Infrastructure and Vodafone’s Global SIM, promises to enhance many major industries through the transformative power of near real-time data intelligence, with applications in healthcare, construction, and others. The partnership takes advantage of Oracle’s edge architecture for AI-enabled device management and seamless connectivity that is secure and compliant with Vodafone’s network available in over 180 countries. Consequently, industries are now […]

Atos signs binding agreement to sell Worldgrid to ALTEN for an enterprise value of €270 million

ALTEN Acquires Atos’s Worldgrid for €270 Million

By Savio Jacob | November 5, 2024

November 5, 2024 – Paris, France- Atos has made an announcement of signing a Share and Asset Purchase Agreement with ALTEN SA with an intent to sell its Worldgrid division for 270 million euros. An energy and utility consulting and engineering services company, Worldgrid recorded a revenue of around 170 million euros in the year 2023 and has a strength of approximately 1,100 employees. The determining factor is consistent with Atos’s plans to hone in on core segments of high-performance computing and infrastructure-related businesses. The move comes after a press announcement by Atos on June 2024 announcing its intention to […]

Atos Research Doubles Device Lifespan with Data-Driven Refresh

By Savio Jacob | November 4, 2024

Paris, France – November 4, 2024-Earlier today, Atos published new research that demonstrates an effective method of doubling the age of electronic devices in an office through a data-driven, condition-based approach. The report, “Increasing Digital Workplace Sustainability: Data-Driven Strategy to Accelerate Progress Together” establishes that by implementing a strategy that is primarily based on the device’s condition and could remanufacture devices, firms may conserve the life of devices from a normal 3 to 5 year period to a possible 8 to 10 year period. Not only does this significantly reduce waste, but it also meets the growing pressures for corporate […]

Dialog Axiata, Ericsson Lead with First Virtual Base Station Controller

By Savio Jacob | November 4, 2024

November 4, 2024 – Colombo, Sri Lanka-Dialog Axiata, the leading telecommunication operator in Sri Lanka, launched the world’s first commercial virtual Base Station Controller (vBSC) with Ericsson. This is one of the most remarkable innovations in network efficiency and cost-effectiveness. The deployment of the vBSC significantly increases Dialog Axiata’s operational capabilities and network resiliency, making it less encumbered by physical limitations and more scalable. The vBSC technology is a game changer in the way networks are built and managed by making use of virtualization for the Base Station Controller which is a key component in GSM networks that also bridges […]

IBM Integrates Apptio Product Portfolio With the Microsoft Cloud

By Savio Jacob | October 30, 2024

On 29 October – IBM announced bringing the EAP’s (enterprise agile planning) Apptio portfolio, cloud FinOps solutions, and IT financial management to Microsoft Azure. Added to that was the announcement of their IBM software availability expansion on a global level on Azure Marketplace, which will make it easier for users to purchase software directly from and use the Microsoft Azure Consumption Commitment. As leaders from the IT industry grapple with the rising tech budgets and the needs of managing AI-fueled computation, they are experiencing rising pressure of proving their investment value. The IBM Targetprocess EAP software, which is now available on […]

Fujitsu, Morinaga Unveil Simulation System to Mitigate Price Volatility

By Savio Jacob | October 30, 2024

30th October 2024, Kawasaki, Japan-Morinaga Milk, and Fujitsu have worked together to develop a simulation system for the negative in which the price of raw materials oscillates about a specific minute. Focusing on how the received data relates to business profit, the new system which is AI-based allows Morinaga Milk Industry to streamline the manual processes of collecting data from around 500 suppliers across 23 factories through the application of Fujitsu’s Manufacturing Supply Chain Planning solution. Additionally, since the company gathers data from all manufacturers and suppliers, there are expectations for how changing material prices and exchange rates will influence […]

TCS Joins Ireland’s DSP for Digital Pension Transformation

By Savio Jacob | October 29, 2024

DUBLIN, October 29, 2024 – Tata Consultancy Services (TCS) announced that it has signed a groundbreaking 15-year agreement with the Department of Social Protection (DSP) in Ireland that is intended to implement the first-ever Auto Enrolment Retirement Savings Scheme in the country dubbed ‘My Future Fund’. This pension scheme aims at offering easy savings for retirement for about 800, 000 Irish workers by providing an uncomplicated digital interface for retirement savings. The plan’s goal is to enhance record-keeping functions, payment accuracy, and continued digital services through the use of TCS’s proprietary BaNCS™ system. TCS’s Global Delivery Centre based at Letterkenny, […]

Capgemini Restructures Leadership with Key Appointments

By Savio Jacob | October 23, 2024

Paris, October 23, 2024 — Capgemini has announced a significant reshuffling of its leadership team aimed at driving global growth and strengthening its service offerings. Anirban Bose, currently leading the Financial Services Strategic Business Unit, has been named CEO of the Americas Strategic Business Unit. He will replace Jim Bailey, with the transition expected to take effect in November 2024. In his new role, Bose will oversee the company’s operations across North and South America, focusing on enhancing AI-driven digital transformation strategies. At the same time, Kartik Ramakrishnan will assume the role of Chief Executive Officer of the Financial Services […]

Ericsson, Singtel Join Forces to Simplify Enterprise 5G Solutions

By Savio Jacob | October 23, 2024

October 23, 2024, Singapore – Singtel and Ericsson effective today signed a Memorandum of Understanding (MoU) defining the joint vision to optimize network resources for Communication Service Providers (CSPs) and enterprise customers. Available through Singtel’s Paragon platform and Ericsson’s service orchestration and assurance, the partnership provides a zero-touch, real-time solution to the order and provisioning of modern 5G network services. The overhead system will capitalize on Singtel’s Paragon, which is recognized globally as an established 5G edge compute and cloud services center, merged with Ericsson’s orchestration functions. Providing enterprises with self-service APIs significantly enables enterprises to order and manage 5G […]

UK 5G mmWave Trials Achieve Record Speeds in Stadium and Home Use

By Savio Jacob | October 23, 2024

October 23, 2024, London, UK – Vodafone, Qualcomm, and Ericsson have pointed out their mmWave 5G trials in two hot scenarios in the UK. These trials represent a great advancement in the mobile and broadband experience but will be impactful in poorly served areas such as congested sites and remote European Union home broadband installations. During the trials peak rates of 4 Gbps were reached in the English town of Newbury during Fixed Wireless Access (FWA) tests, securing positive prospects for future business opportunities in specific strategic fields for improved customer satisfaction. So, now it is possible to cover the […]

Dubai’s TECOM Group Expands Portfolio with AED 720 Million Acquisition

By Savio Jacob | October 21, 2024

October 21st, 2024: Dubai-TECOM Group PJSC has officially made an AED 720 million investment in the acquisition of Office Park, which remains one of the star commercial properties of Dubai Internet City, the leading technology park in the region. In addition to enhancing TECOM’s commercial assets portfolio, this acquisition also further cements the position of the company in Dubai’s fast-changing real estate landscape. With the conclusion of this deal, the company’s investments in 2024 stand at AED 2.7 billion. This demonstrates the company’s desire to invest for the longer term. Office Park is 370,000 square feet in size with a […]

AC.ai And Huawei Discuss Intelligent Industrial Solutions

Huawei Showcases Tech Leadership At GITEX Global 2024

By Aman Dasgupta | October 18, 2024

Dubai – 18th October 2024 – The 44th edition of GITEX Global 2024, the largest technology event in the world, came to a close on 18th October. Among many leaders, Denver Zhang, Huawei’s Enterprise Business Global Marketing President, and Olivier Gomez, CEO of IAC.ai, shared their thoughts during an interview. An excerpt of the interview was posted on X by Huawei: In an interview with @Olivier__OG, CEO of https://t.co/DxROzrtlOg, Denver Zhang, President of #Huawei‘s Enterprise Business Global Marketing, highlighted key booth features and shared cutting-edge digital and intelligent industrial solutions at #GITEXGLOBAL 2024. He also shared… pic.twitter.com/V9qw8jjhvv — Huawei (@Huawei) […]

Dubai Internet City Partners With Nasscom On Tech Innovation

Nasscom, DIC Collaborate To Boost UAE And India’s Tech Growth

By Aman Dasgupta | October 18, 2024

Dubai, UAE – 18th October 2024 – The National Association of Software and Service Companies (Nasscom) and Dubai Internet City (DIC), the premier digital hub in the region, have joined forces to promote technical innovation and talent development. The strategic partnership, announced at GITEX Global, aims to improve cross-border cooperation between the UAE and India. Dubai Internet City, owned by TECOM Group, is a dedicated technology business district. The partnership will give Nasscom members easy access to Dubai’s technology hub, including 3,500 multinational businesses, Fortune 500 companies, and over 29,000 professionals.. Ammar Al Malik, the Managing Director of DIC and […]

LG Unveils High-Resolution Monitors Targeting Corporate Productivity

By Savio Jacob | October 18, 2024

SEOUL, 18 2024 – LG-Electronics has launched a new set of 20 business monitors in a bid to promote productivity and enhance workplace comfort in different professional sectors. Marking a dramatic shift as LG moves further into the B2B, healthcare, and creative industries, this is LG’s first foray into producing corporate monitors after it was traditionally focused on consumer models. The lineup includes UltraWide™ displays and QHD models, both of which are designed for multitasking and providing ergonomic support to the user. The UltraWide™ monitors such as the 34BA85QE-B sport a 34-inch curved screen and have QHD+ resolution to provide […]

Huawei Unveils All-Optical Network Solution for Smart Hotels at GITEX 2024

By Savio Jacob | October 17, 2024

Dubai, United Arab Emirates, October 17 2024 – During GITEX 2024, Huawei announced its All-Optical Network Technical and Application White Paper for Smart Hotels. This report also presents a groundbreaking Fiber-to-the-office (FTTO) technology, and it is focused on transforming the hospitality industry through improved network infrastructure and guest experience. This report advances a set of networking-related challenges and gaps that smart hotel operators will encounter, as well as how to enhance and manage network infrastructure and seamless Wi-Fi networks. Building a two-layer-flat structure instead of switching traditional three-layer up as this is a simpler way that Huawei has adopted and […]

Europe to Integrate Quantum Systems in HPC by 2026

By Savio Jacob | October 16, 2024

Munich Germany: 16 October 2024: The EuroHPC has chosen IQM Quantum computers for supplying two of the Radiance quantum computers as part of the Euro-Q-Exa system which is headquartered at the Leibniz Supercomputing Centre LRZ in Garching Germany. Out of these systems, a first-of-its-kind 54-qubit quantum computer system is expected to be delivered in the second half of the calendar year 2025 and later a bigger 150-qubit system is expected by the end of the calendar year 2026. This integration into Europe’s high-performance computing (HPC) infrastructure signifies a great step on the way towards the development of quantum research and […]

Huawei Unveils New Tech to Revolutionize Electric Power Grid at GITEX

By Savio Jacob | October 16, 2024

Dubai, UAE October 16, 2024- During GITEX GLOBAL 2024, Huawei introduced the fgOTN White Paper for Electric Power with the intent to accelerate the digitization and intelligent development trends within the electric sector. Further, this document which is comprehensively detailed at a summit titled “Leading Infrastructure to Develop Electric Power Intelligence,” gives the majority of its audience CAD tools and, mostly, software controlling the CAD-systems of distribution networks management. David Sun, the Vice President of Huawei and CEO of the Electric Power Digitalization Business Unit, stated that the pressing issues for the industry include the provision of multiple points of […]

Ericsson, Zain Group Extend Collaboration for Sustainable Network Solutions

By Savio Jacob | October 15, 2024

On October 15, 2024, Ericsson and Zain Group extend their agreement on a sustainability-focused Memorandum of Understanding (MoU) towards enhancing energy-efficient networks in the Middle Eastern regions clearing out more precipitation. The agreement, more particularly concerning energy efficiency and carbon saving, builds upon successful joint initiatives since 2023 regarding the live networks of Zain. In Bahrain, Zain undertook using Ericsson’s 5G solutions and the small-weight Massive MIMO antenna AIR 3268 and has achieved 18% less energy consumption. Further measurement of energy use reduction using a trial of Ericsson’s energy optimization software was successful recording 35% lower use of site energy. […]

First 5G Advanced Tech in the Middle East Deployed by Ericsson and e& UAE October 14, 2024 - Dubai, UAE

Ericsson and e& UAE Deploy 5G Advanced Tech in Middle East

By Savio Jacob | October 14, 2024

October 14, 2024 – Dubai, UAE-Ericsson and e& UAE have announced the successful deployment of the first 5G Advanced Time-Critical Communication Solution in the region of the Middle East and Africa. This is regarded as another milestone for the region in the deployment of 5G technology. The breakthrough was attained using a Low Latency, Low Loss, Scalable Throughput (L4S) technology that forms an essential part of Ericsson’s 5G time-critical communication offering. This announcement was made on GITEX Global 2024, which is ongoing in Dubai. L4S technology helps minimize lag, an important element to have in instances of advanced applications for […]

STATION F, Huawei Launch Incubation Program For Tech Startups

STATION F, Huawei Boost Sustainable Growth For Tech Startups

By Aman Dasgupta | October 11, 2024

Paris, France and Shenzen, China – 11th October 2024 – STATION F, the world’s largest startup campus, has partnered with Huawei to launch an innovative Startup Incubation Program. The program aims to support European tech startups with the right resources for a green transition and sustainability-driven growth. The move aligns with Huawei’s broader sustainability strategy, with a goal to help early-stage startups commit to an ecological transition by addressing environmental challenges. It also gives STATION F, active in climate and sustainability programs, access to early-stage startups. The program will prioritize its focus on startups developing software for industrial, retail, or […]

Nokia Expands MXIE Platform For Improved Worker Safety

By Aman Dasgupta | October 9, 2024

Espoo, Finland – 9th October 2024 – Nokia has expanded its MX Industrial Edge (MXIE) platform with six new applications designed to enhance safety, security and efficiency in industry 4.0 settings. These AI-powered apps aim to meet the rising demands of Industry 4.0 stakeholders, including real-time monitoring, secure communications, situational awareness and advanced security for OT environments. Technology leader Nokia has released six new applications on its MX Industrial Edge platform aimed at improving operational efficiency, worker safety, and security in a variety of industries, including chemicals, manufacturing, mining, and ports. These “as-a-service” apps will enhance the security and situational […]

Hyundai Mobis Unveils 65 Breakthrough Mobility Innovations

By Aman Dasgupta | October 4, 2024

SEOUL, South Korea – 4th October 2024 – Hyundai Mobis, the parts and service arm of Hyundai Motors, unveiled 65 mobility technology innovations at its 2024 R&D Tech Day, set to be commercially viable within the next two to three years. The announcement followed its record R&D investment of 1.7 trillion KRW ($1.2 billion), as the company reinforces its leadership in the automotive industry. With an unprecedented R&D investment of 1.7 trillion KRW in electrification, vehicle safety and autonomous driving, Hyundai Mobis presented 65 cutting-edge mobility innovations expected to be publicly available in two to three years. Hyundai Mobis showcased […]

HotelRunner Makes Strategic Move By Acquiring Bookingate

By Aman Dasgupta | October 1, 2024

London, UK – 1st October 2024 – HotelRunner acquires Bookingate, a platform known for providing travel agencies access to hotel inventory and hospitality services. With its inclusion in HotelRunner’s portfolio, the latter aims to become a tech-powered, all-in-one solution for the hospitality and travel industry. HotelRunner’s Bookingate acquisition will also help improve its platform’s B2B functionalities for global travel agencies, metasearch platforms and travel payment providers. The stakeholders of HotelRunner believe the strategic acquisition will empower their long-established brand in leading the travel and tourism sector. Founder and Managing Partner of HotelRunner, Ali Beklen, expressed excitement about the acquisition and […]

Ericsson Wins 5G Network Expansion Deal in Vietnam

By Savio Jacob | September 30, 2024

Hanoi, Vietnam – September 30, 2023 – Viettel, the largest telecommunications company in Vietnam, disclosed that it has entrusted a major contract on the extension of the 5G network to Ericsson. The deal will further broaden their age-long teamwork to enhance the country’s 5G capacity and accelerate the pace of digital changes within that market. Analysts say this agreement comes at the right time as Vietnam seeks to become a 5G technology leader in the Southeast Asian region. “This year marks a significant milestone year for Vietnam with the commercial deployment of 5G. 5G will deliver superior user experience and […]

6G Will Revolutionize Healthcare, Finance And Holographic Communication By 2035

6G Market Potentially Worth $68.69 Billion By 2035

By Aman Dasgupta | September 27, 2024

27th September 2024 –According to exclusive Markets and Markets Reports, the 6G market is expected to grow at an astounding CAGR of 76.9%, from $3.96 billion in 2030 to a startling $68.69 billion by 2035. The 6G development efforts are picking up speed as enterprise data security and robust connectivity becomes increasingly important. With the rise of quantum-resistant encryption and AI, the next iteration of business networks will be able to instantly identify and eliminate cyber threats as well as protect the integrity of the sensitive data it carries. The report also highlights that immersive applications, such as Metaverse and […]

PKP and Ericsson trial a 5G Technology for Polish Railways

PKP and Ericsson Launch 5G Trial for Polish Railways

By Savio Jacob | September 26, 2024

Flash News (Warsaw, September 26, 2024): PKP Polskie Linie Kolejowe S.A. and Ericsson have embarked on a trial of a cutting-edge 5 G-based Future Railway Mobile Communications System (FRMCS) in Poland. This pioneering project, which runs until 2027, aims to radically enhance the safety as well as the operational efficiency of railway communications. The trial will commence at the Railway Institute’s Żmigród facility starting in 2024. Ericsson’s Martin Mellor stated, “FRMCS is key in the modernization of the European railways since it provides capabilities for high degree of monitoring and control, as well as plenty of data exchange.” PKP’s Piotr […]

Destination Earth: Atos and ESA Join Forces to Revolutionize Environmental Monitoring

By Savio Jacob | September 25, 2024

‘Destination Earth’ is another landmark achievement for Atos as it collaborates with ESA with respect to the extension of its services platform. In this context, the aim is to improve Earth observation systems enabling the monitoring and management of the Earth’s environments. The initiative is expected to augment the ESA’s Goal of promoting Sustainability with the use of technology. Atos’ partnership with the European Space Agency (ESA) for the project “Destination Earth” initiative reflects the commitment of the parties to seek technological solutions for global environmental problems. Thanks to this collaboration and the implementation of more sophisticated digital services and […]

Hyperlink InfoSystem Unveils Groundbreaking Tech for GITEX Global 2024

By Savio Jacob | September 25, 2024

Hyperlink InfoSystem GITEX 2024 participation is gearing up to make waves as the company brings cutting-edge IT solutions to the global tech event. With a diverse range of services including AI, IoT, and custom software development, Hyperlink InfoSystem is ready to drive the future of innovation and digital transformation at GITEX Global 2024. Hyperlink InfoSystem GITEX 2024 presence is creating excitement in anticipation of unveiling its latest neoteric at the globally celebrated technology event. The corporation is known for always providing the next generation of IT solutions, and this year’s GITEX will not be an exception. Covering a wide spectrum […]

Bridging Europe’s Digital Health Divide

By Savio Jacob | September 24, 2024

Digital health divide is at the heart of the UNITE Programme’s recent launch in Brussels. Aiming to bridge the gaps in healthcare access across Europe, the initiative focuses on leveraging digital tools to bring equitable health solutions to all regions. Key health leaders and policymakers have come together to set a unified vision of transforming Europe’s healthcare landscape, particularly in underserved areas. This bold initiative promises to narrow the stark inequalities in digital health access across the continent, pushing Europe toward a more connected healthcare future. The UNITE Programme which was launched in Brussels represents another bold step towards addressing […]

5G Ride Revolutionizes Public Transport—Are We Ready for the Change?

By Savio Jacob | September 24, 2024

The 5G Ride project is redefining the future of public transport by leveraging 5G technology to enable autonomous vehicles for safer, more sustainable urban mobility. Backed by Ericsson and leading partners, the initiative integrates cutting-edge connectivity with public transport systems to revolutionize commuting experiences. As cities grow smarter, the demand for efficient, environmentally friendly transportation is critical, and 5G Ride aims to deliver just that. With its latest trials in Sweden, the project is setting a global benchmark for intelligent and autonomous mobility solutions. Unlike many designs, the 5G Ride project is not limited to just the creation of […]

World-first: Singtel and Ericsson launch 5G dynamic resource tech

By Savio Jacob | September 23, 2024

5G technology continues to evolve, and Singtel and Ericsson have made a groundbreaking global achievement by being the first to commercially deploy dynamic network resource allocation in a 5G environment. This innovative approach allows for better performance, enhanced flexibility, and improved efficiency in mobile networks. By leveraging advanced algorithms and automation, the system allocates resources dynamically based on real-time demand, ensuring optimal network performance in Singapore. The deployment sets a new standard for the industry, positioning both companies at the forefront of global 5G advancements. This is the first step that has been performed on a global scale and it […]

Capgemini Unveils Critical 2024 Business Sustainability Insights

By Savio Jacob | September 23, 2024

The Capgemini Sustainability Report sheds light on crucial business trends shaping 2024, emphasizing how organizations are prioritizing environmental strategies. The report identifies key areas where companies are transforming their operations to become more eco-conscious, driven by regulatory demands and consumer expectations. From adopting renewable energy to rethinking supply chains, the report offers insights into how businesses are evolving to meet sustainability goals and improve their corporate responsibility. Capgemini’s findings provide a roadmap for industries looking to succeed in the green economy. As evidenced by the Capgemini Sustainability Report, 2024, there is an optimistic outlook on how organizations are meeting the […]

Arm Partners with NPM to Elevate AI Thought Leadership Through Exclusive Series

By Aman Dasgupta | September 19, 2024

Semiconductor and compute platform provider Arm partners with National Public Media (NPM) to launch a podcast, Tech Unheard, exploring leadership insights and the future of AI through one-on-one conversations with industry leaders. The first episode is slated for October 9, 2024, featuring AI giant NVIDIA’s founder and CEO Jensen Huang. The announcement of a technology leadership podcast comes at a time when more than 546 million people are tuning into podcasts globally. Arm and NPM hope to make AI, technology and leadership insights accessible to a wide audience with Tech Unheard. Arm, a key player in the semiconductor and AI […]

ECI Software Consolidates Its ERP And B2B Ecommerce Offerings

By Aman Dasgupta | September 19, 2024

ECI Software Solutions announces the integration of e-automate ERP with its EvolutionX Ecommerce platform to enhance the online purchasing experience for office technology dealers. The move aims to provide real-time data to enable the delivery of seamless customer experiences. The cloud-based software vendor aims to stand out in the market with a self-service platform that addresses challenges faced by modern businesses, especially in scaling to the dynamic needs of buyers. The move hopes to improve operational efficiency, strengthen dealer workflows and offer real-time visibility. ECI Software Solutions, a worldwide leader in cloud-based business management solutions, announces the integration of its […]

Fed Rate Cut Boosts Tech Stocks Amid New Funding and M&A Opportunities

US Federal Reserve Rate Cut Raises Hopes For Technology Companies

By Aman Dasgupta | September 19, 2024

The US Federal Reserve slashed interest rates by one half percentage point (50 basis points) to address weakening labor market sentiments and sluggish economy. The move is the first rate cut in four years, leading to ripples across global markets and investor sentiments. The decision by the central bank’s Federal Open Market Committee to cut interest rates puts technology businesses in a unique position to benefit from this development. Although the market dipped after the much-anticipated rate cut, the future looks bright for tech stocks. The US Federal Reserve’s first interest rate cut to reduce borrowing rates since the Covid-19 […]

AutoRek Boosts Financial Services with Strategic Capgemini Alliance

By Savio Jacob | September 18, 2024

In a bid to foster its growth within the financial services industry, AutoRek enters into an alliance with Capgemini, a move expected to embrace technology and partnership. Specifically, that new partnership seeks to enhance innovation, scalability, and operational effectiveness within the offerings of AutoRek solutions that are aiming at the growing pace target of financial institutions. AutoRek, one of the leading developers and providers of financial controls and data management services, considers this joint effort as one of the most important in the company’s growth strategy. It wants to increase its presence in the financial services market with Capgemini, […]

Can The “Swap to the Future” Event Help Uniswap Dominate The DEX Market?

By Aman Dasgupta | September 16, 2024

Uniswap Labs and OKX Wallet are co-hosting an exhibition called “Swap to the Future” to have important conversations about the direction of blockchain technology and decentralized finance (DeFi). While Uniswap remains an industry leader, hosting an exhibition a day before TOKEN2049, the world’s largest crypto event, shows it’s ready to dominate the headlines and the decentralized finance sector. OKX Wallet and Uniswap Labs are partnering to host a major exhibition event called “Swap to the Future” in Singapore later this month. The exhibition will serve as a precursor to major discussions on the future direction of decentralized finance (DeFi), Web […]

Akur8 Secures $120 Million: Transforming Actuarial Tools for Insurers Globally

By Savio Jacob | September 16, 2024

The $120M funding raised by Akur8 in its Series C round has reinstated interest in the shifting landscape of insurance technology. This impressive amount shows the belief that investors have in the advancements of the actuarial platform created by Akur8 over the next few years, but the meaning encompasses much more than just that. The company provides its clients with an innovative solution, which employs artificial intelligence for the improvement of pricing strategies and risk evaluation in accordance with the functional requirements of the insurer from the kaleidoscope of insurance companies. What makes Akur8’s approach different is that it also […]

Waymo and Uber Partner to Redefine Urban Mobility with Autonomous Cars

By Savio Jacob | September 13, 2024

Waymo and Uber have announced an expansion of their partnership, bringing autonomous ride-hailing services to Austin and Atlanta. This collaboration signifies a critical move towards reshaping how cities handle transportation with self-driving technology. Austin and Atlanta are now the latest cities to experience the cutting-edge innovation in ride-hailing, marking a significant leap in the competitive autonomous vehicle industry. Together, Waymo and Uber are changing the future of urban mobility, paving the way for safer, more efficient, and environmentally-friendly transportation options. Once again, Waymo and Uber are venturing into new territory as they partner to deploy self-driving taxi services in the […]

How HR Strategies Will Define the Future of Work: IBM-Oracle Findings

By Savio Jacob | September 12, 2024

HR future of work strategy is gaining unprecedented significance, as uncovered by a recent IBM-Oracle report. The findings highlight how HR teams are shaping their organizations’ work culture and approach to innovation. The findings also underline how modern HR strategies are essential for navigating the evolving digital workplace, with talent management and employee experience becoming key focus areas. As businesses continue to adapt, HR’s influence in decision-making processes and strategic planning is crucial in defining the future trajectory of organizational success. In recent records, the focus of the HR future of work strategy construct has expanded more than just talent […]

NXP Semiconductors Boosts India R&D with $1B Investment

NXP Semiconductors Commits $1B to Revolutionize India’s R&D Expansion

By Savio Jacob | September 12, 2024

NXP Semiconductors is set to revolutionize its R&D landscape in India with a substantial $1 billion investment, as revealed by CEO Kurt Sievers. This strategic commitment is aimed at expanding technological innovation while doubling the company’s efforts to harness India’s growing talent pool. NXP Semiconductors is setting out an ambitious plan to implement its global expansion strategy, with the latest announcement of investment in India’s booming technology industry to the tune of $1 billion. This investment, as pointed out by the company’s CEO Kurt Sievers, constitutes a boom of NXP’s research and development activities in this country that has become […]

Infosys and Proximus Unite to Accelerate Digital Advancements in Europe

By Savio Jacob | September 10, 2024

Infosys and Proximus have intensified their strategic collaboration to foster digital transformation across the European telecom landscape. This extended partnership leverages Infosys’ deep expertise in digital solutions and Proximus’ strong market presence, aimed at enhancing operational efficiencies and delivering state-of-the-art telecom services. As the European telecom sector faces rapid technological advancements, the collaboration is set to provide cutting-edge digital infrastructure and accelerate business growth for both companies. This strengthened relationship highlights their commitment to innovating and transforming telecom operations with scalable, sustainable digital solutions. Infosys and Proximus have gone a step further in their partnership to focus on the evolution […]

Capgemini Predicts Instant Payments to Make Up 22% of Non-Cash Transactions by 2028

By Savio Jacob | September 10, 2024

Instant payments are triggering a transformative shift in global finance, revolutionizing business transactions. Capgemini’s recent report highlights the explosive growth in account-to-account and instant payment systems, pushing financial institutions and businesses toward more efficient models. This new wave of innovation is driven by increased demand for real-time payment systems, unlocking unparalleled speed, transparency, and security. From business-to-business (B2B) exchanges to cross-border payments, instant payments are set to reshape the way companies handle financial interactions, paving the way for a more agile and responsive global economy. Instant payment systems are purposefully and quickly becoming at the forefront of financial innovations […]

Greece Adopts Huawei’s Tech to Combat Forest Fires: A Game-Changer?

By Savio Jacob | September 5, 2024

Huawei, alongside several key partners, has successfully tested a cutting-edge wildfire detection system in Greece. The system, part of Huawei’s TECH4ALL initiative, uses advanced monitoring technology to detect potential wildfires in real-time, providing critical data for prevention efforts. With wildfires becoming increasingly frequent and devastating in regions like Greece, this breakthrough offers a glimpse into the future of fire prevention and environmental protection. The successful test marks a significant milestone for global efforts in addressing climate-induced disasters through technological innovation. In what may be considered a significant step towards resolving the escalating danger of wildfires, Huawei, together with its […]

Navigating the Ethical Maze: Blockchain Meets AI

By Savio Jacob | July 24, 2024

The convergence of blockchain and AI technologies presents unprecedented opportunities but also raises significant ethical challenges. This article explores the ethical considerations of combining these technologies, focusing on privacy, transparency, and accountability, and provides insights into navigating these complex issues. Ethical Challenges and Considerations Privacy Concerns One of the main ethical issues associated with integrating blockchain and AI is the question of privacy. The inherent transparency and immutability inblockchain technology, though good for security and trust may clash with the need to safeguard private data. Data privacy concerns arise when AI systems need large amounts of data to work effectively […]

Paytm in talks to sell movie ticketing business to Zomato for INR 1,500 Cr

By ToAI Team | June 17, 2024

As you may know, the discussions are still on in this matter and therefore no final decision has been arrived at. There are other business interested parties for Paytm also. This deal will assist Zomato to grow the “going out” segment and Paytm will continue with its main focus on digital payments. Paytm is selling as it addresses the RBI crackdown on its payments bank arm and posts its first quarterly drop since its Q4 FY24 listing. Food delivery major Zomato and Paytm have said to be in talks for Paytm’s movie ticketing and events business. As per an ET […]

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