CHANNEL NEWS

Gartner, Inc. predicts that by 2027, fewer than a quarter of government bodies will offer AI-powered services directly to citizens. The reluctance stems from concerns over potential public backlash and skepticism toward government utilization of this technology. In the wake of the pandemic, governments, like many other sectors, have been exploring the potential benefits and drawbacks of AI. Gartner’s survey …

Cloudera Reveals Next Phase of Open Data Lakehouse Strategy Centered on Leveraging Customer Data to Enable Enterprise AI Cloudera is now the exclusive provider offering an open data lakehouse featuring Apache Iceberg for both public and private cloud environments. Bengaluru, India, March 6, 2024 — Cloudera, renowned for its role as a trusted enterprise AI data company, has announced advancements …

Chinese tech giant Baidu Inc witnessed a significant 48% drop in profits, surpassing initial estimates and highlighting the substantial investment required for AI development. This downturn, as reported by Bloomberg, underscores the escalating costs associated with training and advancing artificial intelligence systems to stay competitive in the rapidly evolving AI landscape. In the final quarter of 2023, Baidu reported a …

Haltdos, a Cyber Security enterprise based in NCR, has recently entered into a distribution agreement with Iris Global Services, a prominent IT distributor in India. The agreement aims to market Haltdos’ Cyber Security products including Anti-DDoS, Load Balancers, Gateways, Firewalls, and Cloud Solutions. Established in 2015, Haltdos is committed to combating real-time security threats and mitigating attacks on IT infrastructure. …

PLDT Enterprise, the corporate arm of leading telecommunications provider PLDT Inc., has announced a strategic partnership with Charoen Pokphand Foods Philippines Corp. (CPF Philippines), a subsidiary of Thailand’s Charoen Pokphand Group Company Ltd. This collaboration aims to enhance operational efficiency, business continuity, and climate resilience within the aqua and agro-industry sectors. Under the leadership of Dhanin Chearavanont, CPF Philippines is …

Flipkart has launched its UPI service in collaboration with Axis Bank. This new payment offering marks Flipkart’s entry into the Unified Payments Interface (UPI) domain and is its second fintech partnership with Axis Bank, following the introduction of co-branded credit cards in 2019. Initially available only for Android users, Flipkart UPI enables customers to register with the @fkaxis handle and …

L&T Technology Services Limited, a leading global provider of digital engineering and R&D services, has unveiled a partnership with Intel Corporation to develop and offer scalable edge-AI solutions for various applications, including Cellular Vehicle-to-Everything (CV2X). LTTS’ expertise in connected vehicles and smart transportation systems has been instrumental in advancing communication technologies such as telematics, ADAS, and C2VX. Leveraging Intel’s Edge …

Upgrades comprise Layer 7 DDoS protections and advanced machine learning capabilities.  Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud-based company renowned for empowering and safeguarding online activities, has revealed significant enhancements to its flagship product, Akamai App & API Protector. These enhancements include robust defenses against sophisticated application-layer distributed denial-of-service (DDoS) attacks. The improved Layer 7 DDoS protections now accurately identify …

Ananya Birla’s microfinance company is set to secure significant funding of Rs 1.9k crore, marking the largest investment in India’s microfinance sector. Svatantra Microfin, helmed by Ananya Birla, has entered into a definitive agreement with Advent International and Multiples for this substantial investment, totaling $230 million. This funding represents a landmark in the microfinance industry of India. The investment comes …

Tenable has introduced Tenable One for OT/IoT, an innovative exposure management platform that offers comprehensive visibility into assets spanning IT, operational technology (OT), and Internet of Things (IoT) environments. This groundbreaking solution addresses the growing cyber attack surface resulting from the convergence of physical and IT assets, empowering security leaders to understand and prioritize security risks across their entire infrastructure. …