Toyota and NTT, Nippon Telegraph and Telephone Corporation, a Japanese telecommunications holding company founded in 1985 and headquartered in Tokyo, Japan, have announced plans to invest $3.3 billion USD to create an infrastructure and mobility AI platform that is aimed at reducing traffic accidents by 2030. According to reports, the initiative aims to have a…
Nvidia To Launch Indus 2.0 In India
Nvidia, the American multinational technology company, has announced plans to launch a lightweight artificial intelligence (AI) model for India’s widely used Hindi language. According to reports, the company launched Indus 2.0, a custom AI model focused on Hindi and its many dialects, in partnership with Tech Mahindra in an effort to tap into India’s growing…
Google: $1 Billion Data Center Investment In Thailand
Google has announced plans to invest $1 billion USD in Thailand to build a new data center as well as the expansion of the country’s cloud infrastructure to meet growing demand and support artificial intelligence adoption in the region. According to reports, the investment will create an average of 14,000 jobs annually until 2029 as…
BlackRock & Microsoft: $30 Billion AI Investment
BlackRock and Microsoft have announced plans to launch a Global AI Infrastructure investment partnership of $30 billion USD to develop artificial intelligence infrastructure as well as data centers and energy projects. According to reports, MGX, the Abu Dhabi-backed investment firm, and Nvidia will be contributing technical expertise for AI data centers and factories as the…
Eros Investments To Invest $1 Billion In Malaysia
Eros Investments is a leading Indian entertainment company founded in 1977 and headquartered in Mumbai, India. It acquires, produces, and distributes films, music, and digital content globally. According to reports, Eros has announced plans to invest $1 billion USD in Malaysia to develop an artificial intelligence park and movie studio. This investment is expected to…
Intuit To Layoff 1,800
Intuit Inc. is an American multinational business software company founded in 1983 and headquartered in Mountain View, California. It specializes in financial software. Some of its products include TurboTax, a tax preparation software, and Quickbooks, an accounting software for businesses. According to reports, Intuit has announced plans to lay off 1,800 employees, which amounts to…
Baidu Launches Ernie 4.0 Turbo
Baidu, the Chinese multinational technology company that offers cloud computing, artificial intelligence, and internet services, has unveiled its upgraded generative AI model called Ernie 4.0 Turbo. According to reports, Ernie 4.0 Turbo offers faster response and better performance on real-world data than previous models and will be available to users via the web and mobile…
Amazon: $2 Trillion Market Cap
Amazon Inc. is an American multinational technology company founded in 1994 and headquartered in Seattle, Washington, and Arlington, Virginia. It specializes in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. According to reports, Amazon hit the $2.01 trillion USD market cap mark after its shares rose nearly 4%, finishing the day at $193.61…
Anthropic Launches Claude 3.5 Sonnet
Anthropic, the artificial intelligence company, has released a new generative AI model called Claude 3.5 Sonnet. According to reports, the Claude 3.5 Sonnet is capable of analyzing text and images, as well as generating texts. Anthropic is also releasing Artifacts, a workspace where users can edit and add to generated content. The report further mentions…
Apple Unveils Apple Intelligence
Apple has unveiled Apple Intelligence, its new AI feature that will improve its operating system by partnering with OpenAI to bring ChatGPT to its devices. According to the report, Siri will be integrated with ChatGPT to generate a response when it cannot answer a query, as well as image generation capabilities. ChatGPT will also be…