[ad_1] Electrification and automation major ABB India Ltd on Tuesday (March 4) said ABB Motion has made a strategic investment in AI startup UptimeAI to optimise the health and performance of industrial motors, drives, and related assets. The investment, made through ABB Motion Ventures, involves ABB taking a minority stake in UptimeAI. Financial details of […]
Intel launches AI-focused Xeon 6 processors – CNBC TV18
[ad_1] Intel has unveiled its new Xeon 6 processors, designed to enhance performance across data centre and networking workloads, particularly in artificial intelligence (AI) applications. The launch aims to address the growing demand for high-performance computing solutions as enterprises modernise their infrastructure. The Intel Xeon 6 processors feature Performance-cores (P-cores) and are touted to deliver […]
Tata Elxsi and CSIR-NAL forge partnership to drive advanced air mobility innovations – CNBC TV18
[ad_1] Design-led technology services provider Tata Elxsi Ltd on Tuesday (January 7) said it has entered into a strategic partnership with the CSIR-National Aerospace Laboratories (CSIR-NAL) to advance innovations in air mobility. Company Value Change %Change The collaboration aims to address emerging areas such as Unmanned Aerial Vehicles (UAVs), Urban Air Mobility (UAM), and electric […]
Why energy consumption is the biggest bottleneck for AI adoption – CNBC TV18
[ad_1] As artificial intelligence (AI) continues to impact every aspect of modern life, from healthcare to finance, and from manufacturing to entertainment, the rapid advancement of AI technologies presents both exciting opportunities and significant challenges. While the potential benefits of AI are vast, one issue threatening to slow down its widespread adoption is the immense […]
OpenAI introduces $200 ChatGPT Pro plan with advanced models and extra features – CNBC TV18
[ad_1] OpenAI has unveiled ChatGPT Pro, a premium subscription plan priced at $200 per month, designed for professionals and researchers tackling complex problems in fields like data science, programming, and legal analysis. Subscribers to ChatGPT Pro will gain unlimited access to OpenAI’s o1 model, as well as o1-mini, GPT-4o, and Advanced Voice features. A standout […]
Kaynes Technology acquires 54% stake in Austria’s Sensonic GmbH – CNBC TV18
[ad_1] Kaynes Technology India Ltd on Tuesday (December 3) said its wholly owned subsidiary Kaynes Holding Pte Ltd has acquired a 54% stake in Sensonic GmbH, Austria by way of subscription of shares. Company Value Change %Change Sensonic, headquartered in Austria, brings cutting-edge capabilities in railway safety and efficiency through its applications such as track […]
AI analytics firm Pyramid Analytics secures $50 million from BlackRock – CNBC TV18
[ad_1] Pyramid Analytics, an AI business analytics company, said on Monday it has raised $50 million in new financing from BlackRock, the world’s biggest asset manager. WHY IT’S IMPORTANT Companies around the world are racing to integrate artificial intelligence (AI) into their businesses. Startups offering AI services are a bright spot in an otherwise subdued […]
Elon Musk’s xAI aims for $40 billion valuation in new funding round: Report – CNBC TV18
[ad_1] Elon Musk’s artificial intelligence venture, xAI, is reportedly in early discussions to secure significant new funding that could push the startup’s valuation to approximately $40 billion. The Wall Street Journal disclosed the development on Tuesday, Ovtober 29, citing sources familiar with the negotiations. Sources familiar with the matter revealed that the startup aims to […]