CHANNEL NEWS

Cultfit has officially named Naresh Krishnaswamy as CEO, while founder Mukesh Bansal transitions to the role of chairman. This announcement headlines today’s ETtech Top 5.Cultfit Promotes Naresh Krishnaswamy to CEO, Mukesh Bansal Assumes Executive Chairman RoleZomato and Tata Digital-backed fitness startup Cultfit has appointed Naresh Krishnaswamy as its new chief executive officer, with co-founder and former CEO Mukesh Bansal stepping …

Aerospike Secures $109 Million for Advancement of Next-Generation AI Database Aerospike recently garnered $109 million in growth capital from Sumeru Equity Partners, marking a significant stride in enhancing its database technology tailored for AI and big data applications. This investment underscores not only the market’s confidence in Aerospike’s pioneering solutions but also lays the groundwork for further progress in real-time …

SiMa.ai has achieved a significant funding milestone of $70 million, aimed at advancing its generative AI platform for edge devices. The funding signals a major advancement in edge computing, empowering SiMa.ai to develop its next-generation Machine Learning System-on-Chip (MLSoC) and enhance AI applications across various modalities. Through strategic partnerships and a focus on software-centric solutions, SiMa.ai is poised to revolutionize …

India’s Bharti Airtel plans to utilize Intel’s latest AI accelerator solution to enrich the telecom experience for its subscribers, Intel announced. By harnessing Intel’s advanced technology, Airtel aims to enhance its AI capabilities using telecom data, ultimately enhancing customer experiences. This initiative aligns with Airtel’s commitment to leading technological innovation and exploring new revenue opportunities in the rapidly evolving digital …

At Cloud Next ’24 in Las Vegas, Broadcom Inc. (NASDAQ: AVGO) and Google Cloud announced an extended partnership. This collaboration involves optimizing Broadcom’s VMware workloads for Google Cloud, joint go-to-market efforts, broadening Broadcom’s presence on Google Cloud Marketplace, and integrating Google Cloud’s generative AI capabilities. Rich Jardine, VP of Cloud Platform Engineering and Operations at Broadcom, expressed enthusiasm about Google …

Google Cloud and Mercedes-Benz have announced a strengthened collaboration aimed at revolutionizing customer experiences through the integration of artificial intelligence (AI) technologies. At the Cloud Next ’24 event in Las Vegas, Google Cloud revealed plans to leverage its Vertex AI platform to empower Mercedes-Benz in reshaping crucial customer touchpoints across e-commerce, customer service, and marketing domains. Mercedes-Benz intends to introduce …

Fortinet® (NASDAQ: FTNT), a global leader in cybersecurity driving convergence of networking and security, has unveiled significant upgrades to its FortiOS operating system and other key enhancements to the Fortinet Security Fabric platform. The latest version of FortiOS, the sole operating system that seamlessly integrates networking and security functions, along with Security Fabric updates, brings forth new generative AI, data …

Celebrating its 12th-year milestone, the Association of System Integrators and Retailers in Technology (ASIRT), a prominent IT association in India, recently hosted a lavish gala networking dinner at The Celebrations Club in Lokhandwala, Andheri West, Mumbai, on Saturday, March 16, 2024. The event, characterized by camaraderie, warmth, and joyous festivities, was a resounding success. A Night of Reunion: The evening …

In a move signaling strategic expansion, STG, a US-based private equity firm specializing in software and tech services, has acquired Eka Software Solutions (“Eka”), a leading global provider of commodity management solutions with expertise in soft ags and energies markets. With nearly twenty years of experience, Eka has established itself as a key player in commodities trade and risk management …

Wipro’s CEO, Thierry Delaporte, has resigned, with Srini Pallia, the head of Wipro’s Americas division, set to take over as the new CEO and Managing Director from April 7. Delaporte’s departure follows a period of significant changes within Wipro’s leadership and challenges in performance. Delaporte, the first European to lead Wipro, will be stepping down to pursue personal interests outside …