Artificial Intelligence

Artificial Intelligence

AI market in China IDC forecast

China’s AI market to exceed $26 bn by 2026: IDC

China’s Artificial Intelligence market is expected to exceed $26 billion by 2026, IDC analysts shared their insights on emerging technologies such as AI at...
Dollar spending on technology

Shell to use AI technology in deep sea oil exploration

Shell will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output. SparkCognition’s AI algorithms...
Google’s I O conference

Google’s I/O conference: AI is coming to more companies near you

The Google cloud division of Alphabet disclosed the names of its customers who are currently testing its generative AI technology. This advanced AI has the...

IBM launches AI platform watsonx

International Business Machines (IBM) has launched watsonx, an artificial intelligence (AI) and data platform, to help companies integrate AI in their business. IBM is making a...
Microsoft stores

MakeMyTrip deploys Microsoft Azure OpenAI Service

MakeMyTrip, a leading online travel company, has collaborated with Microsoft for introducing voice assisted booking in Indian languages. The platform powered by Microsoft Azure OpenAI...
Meta business data center

Meta hires several AI engineers from Graphcore

Meta Platforms has hired an Oslo-based team that until late last year was building artificial-intelligence networking technology at UK-based Graphcore, Reuters news report said. A...
Slack GPT

Salesforce brings Slack GPT conversational AI experience

Salesforce, the global leader in CRM, announced Slack GPT, a new conversational AI experience, for business customers. Salesforce said Slack GPT, which is in beta...
VC funding for tech

Thomson Reuters plans $100 mn investment in AI

Thomson Reuters said it plans to spend some $100 million a year to invest in artificial intelligence (AI), CEO Steve Hasker said in a...

IBM to pause hiring for 7,800 jobs as it will tap AI

International Business Machines (IBM) expects to pause hiring for roles as roughly 7,800 jobs could be replaced by Artificial Intelligence (AI) in the coming years,...
Sberbank releases GigaChat

Russia’s Sberbank releases GigaChat as a rival to ChatGPT

Russian lender Sberbank has released technology called GigaChat as a rival to ChatGPT, initially in an invite-only testing mode. The release of ChatGPT, the artificial intelligence...



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