generative AI News

SBI Embraces the Future: Deploying Agentic AI to Revolutionize Customer Service in Banking

State Bank of India is pioneering the use of agentic AI to enhance customer service, with plans to extend this technology from staff to customers. The bank's hybrid cloud strategy ...

Myntra Home Surges with 60% YoY Growth: A New Era in Online Home Decor Shopping

Myntra's Home category experiences a 60% YoY demand increase, driven by premium products and AI-powered shopping solutions, catering to the aesthetic preferences of over 70 million...

Serko Launches Global Capability Center in Bengaluru to Pioneer Generative AI in Travel Tech

Serko, a New Zealand-based travel tech company, has established a Global Capability Center in Bengaluru, India, focusing on generative AI to automate maintenance and enhance travel...

AWS and Fitch Group Deepen Partnership with AI Innovations for Digital Transformation

AWS and Fitch Group have entered a multi-year collaboration focusing on digital transformation through generative AI, aiming to enhance developer productivity and modernize legacy ...

Meta Unveils Standalone AI App to Challenge OpenAI's ChatGPT Dominance

Meta Platforms is launching a standalone AI app to rival OpenAI's ChatGPT, expanding its digital ecosystem. The Meta AI chatbot, introduced in 2023, uses generative AI for response...

Meta Unveils Groundbreaking Standalone AI App to Challenge OpenAI's Dominance

Meta Platforms is launching a standalone AI app to compete with OpenAI's ChatGPT, enhancing its digital ecosystem with generative AI capabilities for user interaction and content c...

Meta Unveils Standalone AI App: A New Challenger to OpenAI's ChatGPT

Meta Platforms is launching a standalone AI app to compete with OpenAI's ChatGPT, featuring a generative AI-powered digital assistant capable of generating images and responses, in...

Baidu Set to Unveil Next-Generation AI Model with Enhanced Multimodal Capabilities

Baidu Inc. is set to launch the next version of its AI model, Ernie 5.0, featuring enhanced multimodal capabilities for efficient data processing. This follows the successful publi...

IBM Surpasses Expectations with a 1% Revenue Increase to $17.6 Billion in Q4

IBM reports a 1% revenue increase to $17.6 billion in Q4 2024, with a significant rise in its generative AI business. Despite a drop in earnings per share, the company's stock jump...

Infosys and Siemens Deepen AI Collaboration to Revolutionize Digital Learning

Infosys and Siemens are expanding their partnership to enhance digital learning through AI, introducing features like an AI knowledge assistant, multilingual content creation, and ...

HCLTech CEO Predicts IT Hiring Won't Match Business Growth, Highlights Shift Towards Skilled Professionals

HCLTech CEO C Vijayakumar discusses the changing dynamics of IT hiring, emphasizing the need for skilled professionals over increased headcount. He also highlights the impact of ge...

Amazon's Ambitious Alexa AI Overhaul Encounters Significant Technical Challenges

Amazon is upgrading its Alexa digital assistant with generative AI to handle more complex tasks, despite facing technical challenges like processing delays and inaccuracies. The ai...

Revolutionizing Business Communication: Persistent Systems and CoRover's Multilingual AI Partnership

Persistent Systems and CoRover Private Limited have announced a strategic partnership to develop multilingual conversational platforms powered by generative AI (GenAI), aiming to e...

Allstate India: Revolutionizing Insurance with Cutting-Edge Technology

Allstate India is transforming insurance with a tech-integrated approach, emphasizing top-tier talent, generative AI, and agile digital product teams to drive sustainable growth an...

Discover Nvidia's Latest AI Supercomputer: Affordable Innovation for Developers

Nvidia announces the NVIDIA Jetson Orin Nano Super Developer Kit, an affordable AI supercomputer offering enhanced performance and memory bandwidth, designed for generative AI, rob...

Infosys and Google Cloud Deepen AI Collaboration for Enterprise Innovation

Infosys expands its partnership with Google Cloud, launching a Center of Excellence to boost generative AI use in enterprises. The collaboration aims to co-develop customized AI so...