The federal government on Jan. 13 proposed a global policy to limit the distribution of powerful, U.S.-made GPUs, an effort to promote U.S. dominance over China in the AI chip industry. “To enhance U.S. national security and economic strength, it is essential that we do not offshore this critical technology and that the world’s AI … Read more
Google is striving to prove the effectiveness of its AI assistant. Just days after showcasing customer success stories and integrating Google Gemini to Workspace, the tech giant continues to maintain its momentum. TechRepublic attended the invite-only Gemini at Work event on Sept. 26 at the industrial-chic Pier 57 office in New York City to get … Read more
New Gartner forecasting suggests that IT spending in Australia will surge 8.7% to AU$147 billion in 2025. This boost in spending is projected to be driven by a “perfect storm” of interest in AI, ongoing requirements around cyber security, and the need to refresh hardware as Windows 10 goes out of service, Gartner representatives say. … Read more
The technology sector is poised for a robust recovery following a period of discretionary spending cuts. Several factors indicate an upward trend in the coming years, including shifts in client behaviour, increased technology investments, and the rise of new technologies such as Generative AI (GenAI). Key verticals like BFSI, healthcare, and manufacturing are expected to … Read more
At a time when innovation is integral to holding a competitive edge, Generative AI (GenAI) stems as a disruptive force that is completely transforming industries. This is a core change in how we approach efficiency, value creation, and problem-solving-it’s not just another technological improvement. According to McKinsey, GenAI may boost the world economy by up … Read more
Generative artificial intelligence (AI) has become the latest buzzword across industries and businesses. Most agree that it is going to revolutionise businesses. Yet serious questions hang over its uses and impact. A KPMG survey in the US found executives expect Generative AI to have an enormous impact on business, but most say they are unprepared … Read more
New Delhi: Indegene partnered with Microsoft on Thursday to leverage generative AI for the medical industry, the company informed the exchange in a filing. The partnership aims to help empower global life sciences companies to scale up the adoption of enterprise-grade Generative AI (GenAI) services, driving faster innovation. Indegene provides digitally enabled commercialization services for … Read more
Paris: The majority (63 per cent) of lifesciences organisations, across biopharma and MedTech, have connected health products already on the market or under development. Irrespective of their stage of product development, lifesciences organisations anticipate that connected health will contribute more than one-fifth of their total revenue in five years, yet a lack of essential data … Read more
Sandeep Kalra, CEO, Persistent Systems, says “as we go ahead, as the market conditions stabilise, that will give us the opportunity to have the leverage of all the investments we have done whether they are in the next generation technologies like generative AI or increased sales and marketing investments, etc, and that should help us … Read more
Since ChatGPT proved a consumer hit, a gold rush has set off for AI in Silicon Valley. Investors are intrigued by companies promising generative AI will transform the world, and companies seek workers with the skills to bring them into the future. The frenzy may be cooling down in 2024, but AI skills are still … Read more