Neysas Rise: Securing $30M to Compete with Global AI Giants
India’s burgeoning AI infrastructure market has caught the attention of investors, leading to significant funding for startups poised to capitalize on this growth. One such startup is Neysa, based in Mumbai, which has just raised an impressive $30 million in…
APAC Firms Set to Increase AI Investment by Over 20% in 2024
As artificial intelligence (AI) continues to transform various sectors, a recent study reveals a marked shift in investment strategies among Asia Pacific (APAC) firms. According to the IDC Data and AI Pulse: Asia Pacific 2024 report, commissioned by SAS, nearly…
MANTA: New Subsea Cable to Enhance Connectivity in Latin America
The digital landscape in Latin America is on the brink of transformation with the announcement of the MANTA subsea cable project. A collaboration between Liberty Networks, Gold Data, and Sparkle, this ambitious plan promises to significantly enhance connectivity across Latin…
US Dominates AI Funding, But Europe Shows Rapid Growth
In recent months, significant trends have emerged in the global funding landscape for artificial intelligence (AI) and related technologies. According to a report by the venture capital firm Accel, total funding for AI and cloud companies in the United States,…
Revolutionizing the European B2B Marketplace Landscape Post-Pandemic
The European B2B marketplace has seen substantial changes over the last decade, particularly influenced by the COVID-19 pandemic. Before 2020, the growth trajectory of B2B marketplaces was gradual, with many businesses hesitant to transition from traditional sales methods. However, the…
USAID Partners with Armenia for Cloud Innovation
In a significant move aimed at digital transformation, USAID has announced a $5 million initiative to establish a public-private partnership with the Government of Armenia and Amazon Web Services (AWS). This collaboration is designed to enhance the resilience of Armenian…
Global AI Adoption Boosted by Infosys and Microsoft
The landscape of artificial intelligence (AI) is witnessing significant advancements as Infosys collaborates with Microsoft to accelerate the global adoption of generative AI solutions. With both companies combining their technological prowess, they aim to enhance customer experiences and deliver substantial…
Zendesk Unveils AI Suite to Enhance Customer Service Efficiency
In a significant development for customer service across various industries, Zendesk has unveiled a powerful suite of artificial intelligence (AI) innovations designed to elevate service efficiency while maintaining high satisfaction levels. The new tools, including the AI Agent Builder, aim…
Rithum Strengthens Leadership with Key New Appointments
In a strategic move aimed at reinforcing its executive team, Rithum has announced the appointments of Suzin Wold as Chief Marketing Officer (CMO) and Mike Vantusko as Chief Financial Officer (CFO). These appointments come on the heels of Lou Keyes…
Cloudera unveils AI service with NVIDIA for 36x faster LLMs
In a significant advancement for the artificial intelligence landscape, Cloudera has introduced its new AI inference service, Cloudera AI Inference. This innovative platform, grounded in NVIDIA technology, promises to enhance performance speeds for Large Language Models (LLMs) by an impressive…
