Russia’s VTB Bank and Rostelecom have joined forces, investing a remarkable $12.6 million to establish a collaborative venture focused on the innovation and monetization of products harnessing Big Data processing. This includes cutting-edge technologies such as artificial intelligence and machine learning. The joint venture will operate under a shared management model, featuring a board of…
The AERIUM Analytics team is thrilled to announce its recent acquisition of a cutting-edge technology and intellectual property (IP) portfolio from Clear Flight Solutions, encompassing the innovative RoBird technology. This acquisition includes the ornithopter drone RoBird® as well as all related patents and expertise. AERIUM Analytics stands as the premier service provider specializing in unmanned…
WhiteHat Security, an esteemed independent subsidiary of NTT Ltd. and a frontrunner in application security, has unveiled the findings of its “AI and Human Element Security Sentiment Study,” derived from a survey conducted with 102 industry professionals during RSA Conference 2020. The findings highlight a crucial trend: while more than half of organizations are integrating…
Adobe initially introduced its Photoshop for iPad app last year, promising an experience akin to its desktop version for iPad users. Today, during its annual Max conference in Los Angeles, California, the eagerly awaited app has officially launched on Apple’s App Store. In addition, Adobe has revealed Illustrator for iPad, Fresco for Windows, and an…
Leadership Change in Microsoft AI Microsoft AI Leader Harry Shum to Depart After 23 Years In a significant shift for Microsoft, the tech behemoth located in Redmond, Washington, is bidding farewell to Harry Shum, the chief of AI, after more than two decades. This change comes as Microsoft continues to invest deeply in artificial intelligence…
HPE and NREL Collaborate on AI-Powered Data Center Innovations Hewlett Packard Enterprise (HPE) Partners with NREL to Advance AI in Data Centers Today, Hewlett Packard Enterprise (HPE) announced an exciting collaboration with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) focused on AI Ops research and development. This partnership aims to innovate Artificial…
Grab Holdings announced on Tuesday its acquisition of Bento Invest, an innovative robo-advisory startup based in Singapore, aimed at providing retail wealth management solutions to its clientele. The financial details of the deal were not disclosed. Bento will undergo a rebranding to GrabInvest, with its product offerings set to debut on Grab’s platform within the…
AI innovations are set to drive significant advancements in camera technology this year, combining powerful local processing with machine learning for enhanced on-device identification of people and objects. Today, D-Link has unveiled two state-of-the-art home security cameras that utilize edge-based AI to detect both individuals and the sound of breaking glass, ensuring that users receive…
Pope Francis recently held an Audience with participants from the meeting themed “Common Good in the Digital Age.” This event was organized by the Pontifical Council for Culture and the Dicastery for Promoting Integral Human Development. At the commencement of the Audience, Cardinal Ravasi highlighted that the intricate nature of ongoing scientific exploration in digital…
Ma Yuan, the visionary founder and CEO of Beijing-based Artificial Intelligence (AI) firm Pensees Technology Co Ltd, engages with a guest during the launch ceremony of the Pensees Singapore Institute on July 31, 2019, in Singapore. This significant event marked the opening of the Pensees Singapore Institute, which aims to direct the advancement of applied…