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Digital Transformation

 

Google brings AI answers to map applications
01 Nov 2024

Google brings AI answers to map applications

Alphabet’s Google on Thursday announced a set of features that incorporated Gemini, its artificial intelligence chatbot, into its suite of mapping applications.
Siemens' $10.6 billion Altair deal seen boosting industrial software offering

Siemens' $10.6 billion Altair deal seen boosting industrial software offering

31 Oct 2024
Siemens announced a $10.6 billion deal to buy U.S. engineering software firm Altair Engineering overnight, cheering analysts who see it boosting the company’s presence in the fast-growing industrial software market.
The transformative power of genAI in web searches

The transformative power of genAI in web searches

31 Oct 2024
The value it adds to AI-powered search engines and areas that it is expected to disrupt
Advantest hikes profit forecast as AI boosts testing demand

Advantest hikes profit forecast as AI boosts testing demand

30 Oct 2024
Japan’s Advantest on Wednesday hiked its full year operating profit forecast by almost a fifth to 165 billion yen ($1.08 billion) as strong demand for high performance artificial intelligence-related chips boosted its testing tools business. 
Transformation through AI

Transformation through AI

29 Oct 2024
AI is designed to enhance your workforce, not replace it. The goal is to empower employees with better tools and more efficient processes
Toyota, NTT to make $3.3 billion R&D investment for AI self-driving, Nikkei reports
29 Oct 2024

Toyota, NTT to make $3.3 billion R&D investment for AI self-driving, Nikkei reports

Toyota Motor and Japan’s Nippon Telegraph and Telephone (NTT) will invest 500 billion yen ($3.26 billion) in research and development to create artificial intelligence software to improve self-driving, Nikkei reported on Tuesday.
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

29 Oct 2024
Cadence Design Systems raised the midpoint of its annual profit forecast on Monday, betting on the boom in generative AI to drive demand for its software used to design complex chips that power those systems, sending its shares up 6.4% in extended trading. 
Nvidia overtakes Apple as world's most valuable company

Nvidia overtakes Apple as world's most valuable company

28 Oct 2024
Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips.
IBM falls as slowing enterprise spending pressure consulting growth

IBM falls as slowing enterprise spending pressure consulting growth

25 Oct 2024
IBM shares fell more than 6% on Thursday, as reduced enterprise spending on non-GenAI projects pressured its consulting segment, clouding software unit strength.
Santander will have a full-service digital bank in US by end-2025, chair says

Santander will have a full-service digital bank in US by end-2025, chair says

25 Oct 2024
Spanish lender Santander will have a full-service digital bank in the United States by the end of 2025, its executive chair, Ana Botin, said on Thursday.
Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record

Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record

24 Oct 2024
South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year.
Former OpenAI technology chief Mira Murati to raise capital for new AI startup, sources say

Former OpenAI technology chief Mira Murati to raise capital for new AI startup, sources say

21 Oct 2024
Mira Murati, former chief technology officer at OpenAI, is raising funds from venture capitalists for her new AI startup, according to sources familiar with the matter.

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