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Accenture acquires Excelmax Technologies to expand semiconductor design services
Accenture acquired semiconductor firm Excelmax, adding 450 professionals and expanding into AI, automotive, and consumer devices. Following the XtremeEDA acquisition and $2.3 billion in investments in Q3 FY24, CEO Patil cited new innovation opportunities. Group Chief Narain highlighted generative AI. Excelmax excels in design-to-layout execution, crucial for Accenture's comprehensive silicon solutions. Financial terms remain undisclosed.
Samsung Electronics wins cutting-edge AI chip order from Japan's Preferred Networks
Samsung Electronic said in a statement the chip will be made using high-tech chip architecture known as gate all-around (GAA) and multiple chips will be integrated in one package to enhance inter-connection speed and reduce size.
Chinese AI firms showcase resilience, innovations at AI event despite US sanctions
The World AI Conference in Shanghai featured AI products from Tesla, Qualcomm, and Chinese firms. SenseTime debuted SenseNova 5.5 after ChatGPT. Optimism remains despite U.S. sanctions, as Huawei's Cloud Computing advocates innovation. Baidu CEO Robin Li calls for focusing on AI applications over foundational models.
Chinese AI market optimistic despite scrutiny from west
The generative AI sector in China has experienced significant expansion, as reported by the United Nations, which notes China has become the leading applicant for patents in AI software, creating a wide range of outputs from illustrations to computer code. However, OpenAI has accused China of using its language models to create content aimed at influencing social media sentiment.
10 Top Rated Laptops of 2024: Explore Brands like Apple, HP, ASUS, and more
If you are a student, a working professional, or a business owner and planning to buy a laptop, then you are at the right place. In today’s article, we shall be discussing specifications of top rated laptops of 2024, so that you can make an informed decision regarding which one to buy.
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Indian software sector earnings will remain modest in Q1: here’s why
Infosys and LTIMindtree are expected to lead a modest increase in average growth for Indian software service providers in the first quarter of FY25. However, previous top performers, Tata Consultancy Services (TCS) and HCLTech, may see pressure on profits and margins as they work to reignite growth.
Tech Mahindra CEO Mohit Joshi says FY25 will be turnaround year
As per Tech Mahindra chairman Anand Mahindra, as organisations strive to stay ahead in the digital race, IT services will play a key role in enhancing technology by integrating AI seamlessly into the core business functions. “The race does not necessarily belong to the large or the most specialised. The winners will be companies that are agile, well-prepared and can scale at speed,” he said.
Automating repetitive tasks: AI for invoicing, inventory, and more
World MSME Day: The ability of AI to manage repetitive, time-consuming, and error-prone tasks revolutionizes business operations, resulting in accuracy, speed, and cost savings.
Now you can book IndiGo flights using WhatsApp, here's how
IndiGo has launched 6Eskai, an AI-powered chatbot on WhatsApp, designed to simplify flight bookings and enhance customer service. Developed in collaboration with Google's Riafy Technologies, this feature allows passengers to book flights, check-in, and manage travel queries directly through WhatsApp, supporting multiple languages for widespread accessibility. IndiGo's initiative reflects its commitment to leveraging technology to improve customer experiences and streamline travel processes.
10 Best Ryzen 7 Laptops from Asus, HP, Acer, Lenovo and MSI with Detailed Specs (2024)
The best Ryzen 7 laptops combine powerful performance, sleek design, and cutting-edge technology to meet the diverse needs of gamers, professionals, and everyday users. Featuring AMD Ryzen 7 processors, these laptops deliver exceptional speed and efficiency for multitasking, gaming, and intensive applications. With high-quality displays, advanced graphics, ample storage, and long battery life, these models provide a superior computing experience. Explore this article to find the perfect Ryzen 7 laptop that suits your needs and enhances your digital lifestyle.
Why deal sizes are shrinking for top Indian IT companies
IT service providers are experiencing shrinking average deal sizes to as low as $25 million due to cost efficiencies, GenAI transformation, and shorter tenure projects amid uncertain macro-economic conditions. Despite an increase in large deal volume during FY23, industry analysts report a decrease in the average value of those deals. This comes even though Indian software exporters remain major players on the global stage.
Discover the Latest Lenovo Tablets: Innovation Meets Functionality
Lenovo tablets are known for their reliability and versatility, offering a range of models suited for various needs from casual browsing to professional use. With sleek designs and robust performance, Lenovo tablets typically feature high-resolution displays, powerful processors, and ample storage options. They often come equipped with user-friendly interfaces and support for multitasking, making them ideal for both entertainment and productivity tasks. Whether for consuming media, staying connected, or getting work done on the go, Lenovo tablets are popular choices among users looking for quality and functionality.
S&P 500, Nasdaq hit record highs on AI momentum, Dow edges up after weak retail sales
The S&P 500 and Nasdaq hit record highs fueled by Nvidia's surge, overtaking Microsoft as the most valuable company. Chip stocks, including Qualcomm and Micron, rallied, boosting the Philadelphia SE Semiconductor index to a new peak.
Best Core i9 Laptops (2024): Unmatched performance and speed for power users
Explore the best Core i9 laptops that combine high-performance computing with sleek design. These top-tier models offer exceptional speed, powerful graphics, and advanced cooling solutions, making them ideal for gaming, content creation, and professional tasks. Featuring cutting-edge technology from leading brands, these laptops deliver superior multitasking capabilities and enhanced user experiences, setting new standards in portable computing.
The life, death and rebirth of an AI-generated news outlet
Irish broadcaster Dave Fanning's defamation lawsuit involves Kasturi Chakraborty and Hemin Bakir, former journalists at BNN Breaking, revealing the impact of AI-generated news on their reputations.
Airlines eye 'new frontier' of AI ahead of global summit
Airlines may not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts say the new technology is already revolutionising the way they do business. AI is "undoubtedly a new frontier, in that it's an extraordinary acceleration of technology and capabilities," said Geoffrey Weston, the head consultant on the airline industry at US-based firm Bain & Company.
Senior-level IT services hiring in 2024 focuses on new-age skills
IT services and global market conditions impact senior-level hiring with pay hikes expected. Roles in finance, consulting, and program management are in demand. Companies hiring for roles like chief AI officer, delivery head-AI, and CFOs. Skills in cloud computing, machine learning, and data engineering are sought after. Gartner forecasts $5 trillion IT spending in 2024, with India's IT spending growing.
Embracing Industry 4.0: Navigating business transformation trends in the digital age
Post-pandemic, the focus on Industry 4.0, Circular Value Chains, Autonomy via Edge Computing, and Demand-Driven Digital Supply Chains reshaped global business dynamics. India's leadership in AI, cybersecurity, and sustainable manufacturing practices highlights its commitment to digital transformation.
Google unleashes AI in search, raising hopes for better results and fears about less web traffic
The AI overviews are supposed to only crop up when Google's technology determines they will be the quickest and most effective way to satisfy a user's curiosity — a solution mostly likely to happen with complex subjects or when people are brainstorming, or planning. People will likely still see Google's traditional website links and ads for simple searches for things like a store recommendation or weather forecasts.
Hygiene brand Pee Safe launches chatbot to increase awareness and help shoppers
Pee Safe introduces PeePal, an AI-driven chatbot, to enhance personal hygiene shopping and educate consumers. With the global conversational AI market projected to reach $14 billion by 2025, PeePal aims to personalize the shopping experience and empower users with hygiene knowledge. The initiative reflects Pee Safe's evolution from a single product to a comprehensive personal hygiene brand, addressing diverse consumer needs.
Google Cloud to offer cloud solutions to Airtel customers
"We are happy to partner with Google Cloud and jointly address this market opportunity with secure and scalable Cloud solutions for government, enterprises, and emerging businesses," Bharti Airtel Managing Director and Chief Executive Officer Gopal Vittal said.
As many as 17 firms under IT hardware PLI to start production this year: IT Secretary
Most IT hardware PLI scheme participants, including major players like Dell and HP, are set to commence production this year, according to a Ministry of Electronics and IT official. 17 out of 27 selected companies are expected to begin production, with the India AI Mission prioritizing domestic firms.
Global car giants seek tech allies in China's cutthroat EV market
Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand. One major reason why foreign automakers are seeking partnerships with local tech firms is to benefit from their innovation, which Chinese automaking executives have attributed to the cutthroat competition in the industry.
Paytm market cap nears $2.5 billion; state-run banks turn to GenAI
Paytm’s market capitalisation is down to nearly $2.5 billion after a ninth straight session of declines on the BSE.
Talent AI-volution: Can AI adoption dent India's tech edge?
India is the tech powerhouse of the world, known for its engineering prowess. But can the widespread adoption of AI, which will lead to significant automation, dent India’s talent edge? Annapurna Roy and Beena Parmar report.
Motorola wants to double its volumes from smartphone sales in 2024, wants to be #3 in India
Lenovo-owned Motorola aims to double smartphone sales in 2024, targeting a 5% market share from the current 3.5%. Focusing on premiumization, its India business has doubled, with the Edge and Razr series contributing significantly. The company prioritizes online sales but recognizes the need for offline presence. Differentiation through design, partnerships, and AI is emphasized.
Lenovo bets big on AI to fuel India's growth at Tech World India 2024
Lenovo's 'AI for All' vision at Tech World India 2024 showcased innovative AI-powered devices, immersive gaming experiences, and plans for servers manufacturing in India, exemplifying the company's commitment to democratizing AI and shaping a smarter future for all.
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